I hate thumb rules, and let me repeat that, I hate thumb rules. The thumb looks very different from the other fingers, so what rules apply to it, cannot apply to the other fingers. However, there are a few rules which work in retirement / for retirement. Let us look at 3 of them: Start […]
Does MIP actually have monthly payout? No. It does not. This is a classic fraud on the unsuspecting Indian public. When SEBI banned guaranteed schemes, UTI had to close down its Monthly Income Scheme. At that time to get the people to invest in MONTHLY INCOME SCHEMES was easy for the existing funds. So Amfi […]
What is portfolio construction? Let me start in the correct order: Setting your Goals Making your Investment Philosophy Statement Understanding Asset allocation Next step is Portfolio construction. Once you have decided to do Goal Based Investing, set your goals, made your Investment philosophy statement and understood the need for asset allocation, you are ready for […]
I started out in 2007/8 writing this blog. It has been more challenging than publishing a book(s). Now after about 4000 odd articles I realize that I have written about everything that I know (or I think I know). Frankly there is nothing NEW that I can write, I can only hash and rehash. People […]
If you have come into investing recently and have been subject to many experts, my sincere condolences. It is a jungle out there and there is an alphabet soup of qualifications – all most all well intentioned, presumably! first realize that life is a complete package, when you are young and drawing your first salary, […]
You did not like school, but you went for 12 years of your life. You breezed through your college but did not learn much. Depending on where you did your MBA you slogged or breezed through. Or you slogged for you CA membership. Cut to a job. You enjoyed it. Then by 43 you […]
When you write a cheque it is either an expense (or repaying a loan for an expense already incurred), an investment or it is a sunk cost. Every rupee that we spend gives us something – happiness or experience! We need to see whether it is a sunk cost or whether it is an investment. […]