Subra I recently attended your Retirement Planning seminar in our office, and came away impressed. I am 54 years of age and have about Rs. 1 crore in bonds and about Rs. 10 lakhs in equities. I hope to have about Rs. 2.5 crores at age 60, please tell me how to reconcile between safety […]
It is now fashionable for everybody to talk about financial freedom. However not many people are actually ready for it. Being financially free means not having to care about what people think. Of your life, your house, your job, your business, your hobbies….as long as you are worried about what others think, you are still […]
If you are a small CA, doctor, dentist….you tend to develop a nice cosy relationship with your clients. The General Practitioner (GP) was the doctor of first call. He decided whether you needed a specialist, and when at what stage. However with corporates taking over finance and health you see the following.. Too much cost, […]
Doing financial planning as a lecture is very useful. I force people to get their own perspective to planning. My sessions are more questions. The participants have to find the answers. Except for things like – write down all your investments, make a will,….etc. there is no force or push..it is just probe. Clearly most […]
Since the regulator wants to micro manage the mutual fund industry, here are some suggestions: No amc shall have an office in Mumbai / Delhi as the rents are too high. The managing director’s salary shall not exceed .001% of the Aum with an upper limit of Rs. 90,00,000 per annum, There shall be no […]
The key to quality insurance is in choosing a good quality Agent. The word agent comes from the Indian Contract Act, 1872 and it is the Christian name for the guy who brings insurance / mutual fund product to your door step. Nowadays they have various names like Consultant, advisor, and the like, but I […]
This is how I started a speech to kids… But what is an investment, shorn of all its jargon? It is a sum of money that you outlay hoping to get a higher amount back. This can take two forms: 1. Investment like a lender 2. Investment like an owner 1. Investment like a lender […]