All over the world the mistakes by young people seem to be the same. Hang on, we are all guilty of the same mistakes. Since we made the mistakes, we are requesting, pleading, with you guys not to make the same mistakes. I am calling those born post 1984 as Gen Y and these are […]
Educated Indians have a lot of myths about Mutual funds…and the regulator needs help! So let me do my bit…. 1. Does mutual fund always invest in shares? A share is a share in the share capital of a company. Normally mutual funds are like a bottle – their value is in what they contain. […]
Most of us cannot predict about the future. Tautology? Prediction is always about the future, is it not? So a 30 year old thinks he is going to retire at 49 years and spend the next 20 years in the current home and die at a ripe old age of 70. A 55 year old […]
Ask somebody about retirement planning and they tell you that it is far away, it is too uncertain, it is…and lots more nonsense…then they come up with this: Did you not write in your blog the following: So Retirement Planning 101, let us say consists of the following things: 1. Knowing when you will retire. […]
I am not convinced that Equity investing is learnt in a college. In fact it is not. If you must have a qualification, I do think the CA degree, and if your energy levels permit, the CFA degree (US) are surely a good beginning. I benefited surely by my Law training – and wondering whether […]
You have found a new adviser and you hope to build a great relationship. You are meeting him…maybe for the nth time and what are the words that you just do not want to hear: 1. Your risk tolerance is high: Hey dude, I am myself not sure how I will react to a 35%fall […]
Personal finance is simple. However by saying ‘not complex’ i may ACTUALLY attract more viewers. That is the problem in personal finance. Most people do not show any interest at all in understanding what they have to do. People can be classified into the following categories: 1. “Subra if you tell me this will work […]