Most small businessmen ask one favorite question: How can I get more cash – and where can I get it from? When you need money some of it can come from your own pocket. Even you know that it is likely to come from your own pocket- provided you have kept it liquid and accessible. […]
Mutual fund Industry is about 25 years old – and it is a good time to review what they have done. On one side they have done a great deed by getting the smallest of investors into their investment fold. I can’t even imagine how a police man in Dindigul or an investor 50 km […]
It takes 17 years to pass class 12th in India. Then you can become a financial adviser. For a doctor who is in the top 500 in the Board Exam, if he/she gets through another grueling exam, he can qualify to join a medical college. Then he passes his MBBS in 4 years and does […]
I had asked Swapnil Khende…to do a series of articles on books to read…here is part 1 .. “Investing success does not accrue to those with savant-like expertise in one field of intellectual endeavor, but rests on four pillars: a command of financial theory, a working knowledge of financial history, an awareness of financial psychology, […]
Whenever I do an article on returns and say 18% return…somebody will remark “this is too high”. Of course a few will say 18 is not possible, only 12% is possible….or some shit like that. Fact is none of us know what rate of return we will get over the next 30 years. Fairly obvious […]
The client is a senior citizen who has (had) a 49 year old daughter. Father deals with a different bank, daughter deals with a different bank. Father’s banker asks the daughter to take a ULIP (AS usual). Daughter reluctant takes a policy. Banker as usual goes with a clerk (called manager of course) from the […]
Many CAs and even some IFA will tell you to keep your personal finance and business finance separate. We may do the philosophy of this in a different article..here are the “how to” steps for the same… As soon as you start a business open a new bank account – if there are not too […]