Maybe because I am seen as a retirement person, but every 55+ year old I meet asks me this question: “Should I sell out all my equity by the time I am 60 or should I keep some equity well into my retirement?” And I actually have no clear answer for this question. I have […]
‘Subra I have this financial plan from a planner..will you read it and tell me whether it is fine?’ asked one person. He was my friend’s brother in law. I said sure. He said it is 75 pages. I said send me the summary in 3 pages. Poor chap he had no clue how. With […]
Met a few defence personnel and asked them ‘what their financial challenges were’. Based on the maximum time spent on the topic, here is the list of problems. I am doing this post so that the people reading this can add their comments..and enrich this post! Not knowing where to turn for financial advice. Banks […]
I recently met a couple in their early 60s and they did not have any medical insurance. I was a little intrigued because they are they typical – government job, security, etc. worrying types and they had enough money to pay the premia. So why would they not have medical insurance? The husband asked me […]
If I were to make a list of Journalists I know, it would be pretty long. Right from a cub reporter to somebody who has 25 years experience.. Let me start by saying that NONE of them looked biased to me. Strong, bull headed, proud, name dropping, – yes many of these things, but very […]
Will the Hippocratic Oath work for the financial industry? Well a few decades ago your fever would have been treated in a very simple way. They would cut your vein and let you bleed a little. If that did not help, they would repeat the procedure. Repeat. Till you died. The doctor would feel sorry, […]
The risk profiling is done by a simple method – the risk questionnaire. Sadly when the unsophisticated client is filling it up, he does not always understand the wordings. Even if he is sitting with an IFA there seems to be a hurry to get over it so that they can go to the more […]