You talk to the big brokerage firms and they keep wondering why are they still in the brokerage business. Some of the older players are now well established – like Kotak, Icici and of course Hdfc. However the role of the brokerage business in the success of banks like Axis, Standard Chartered, Hsbc, Idbi, is […]
Whenever I meet people close to retirement / retired people I ask them for their best investments and their worst investment mistakes..and generally I get to hear the following: 1. Poor asset allocation: Not having any equity or not having enough equity is a huge regret. Not that these people are worried about their day […]
Is a doctor’s practice a service or a business? Frankly I find it very difficult to define it clearly. The costs involved are huge. Even if a doctor wants to do something ‘free’ he / she has to charge some amount to cover the costs and the effort. Forget the money involved, what are the […]
Look at it anyway the Retirement statistics coming from the USA are surely scary. We just do not have enough statistics about India, but if one were to collect the data, it would be just as scary. I keep getting data in some ad hoc manner and I have no clue whether that is the […]
Let us assume for a minute that you have only 2 asset classes – how much should be in equity and how much should be in debt. THAT IS THE MILLION DOLLAR question, that we need to answer while wondering what is asset allocation. So let us look at that. ULTIMATELY immaterial of what questionnaire […]
Assuming that you got about 8% interest in bank deposits over the past 10 years, and that you paid 30% tax on that. This means you got about 5.6% post tax from your bank EACH YEAR…. How much did you REALLY GET..well you got nominal return (5.6%) and the resultant inflation is here…so your real […]
I did a financial planning session at Pune (Deccan Gymkhana, courtesy of Prof Anil Agashe for the lovely location and the nice hall)…and it was well attended. Some of the interesting observations / comments… – almost all the people who were there were people who knew me because of www.subramoney.com – many of the people […]