Many (Most) clients struggle with multiple goals and limited resources. Children’s education, poor RE returns – but will not sell the assets, poor asset allocation, poor returns over 5 years in equity, debt draw down, loss of job, fall in salary… What is the Role of a Financial Adviser? Should he just play by or […]

From Hdfc Securities… The FM has done well in abiding by the fiscal prudence principles for FY21 and the targets set by her look achievable. But it will be crucial for her to stick to it for FY21, else the international rating agencies may have adverse views.   The markets have reacted negatively to the Budget, […]

I normally don’t have a view on the budget. Neither do I have a view on the 2020 budget. However, I wish to rubbish it a bit. The deficit number of 3.5 or 3.8 is a joke. To seriously know this number you should know the deficit of the states, municipalities, etc. Since I do […]

So this Saturday some random thoughts (and as Busybee would say..all my own work). So many people from the past have enriched our lives and continue to do so – RK Laxman and Beheram Contractor (aka Busybee). So long after they have gone, one still thinks of them fondly. Amazing ability to bring a smile […]

Yesterday in a TV show a viewer asked me “I have been investing Rs. 1000 sip in Hdfc Top 100 is it time to get out of this fund”. Actually this is a very difficult question to answer. It is like saying “Virat Kohli should be dropped because he scored a zero..or has had a […]

I have been an admirer of MG – and I know he made mistakes too. Sadly in India (and perhaps the world too) there seems to be no room for a difference of opinion. Either you like (love) MG or you hate him. I am an admirer, I refuse to judge him – 72 years […]

this is continuation of yesterday’s column… Precautions to be taken Clarity: All the wordings must be clear. In case of beneficiaries their a) Names b) Age c) Name and address proof like Aadhar d) Your relationship with beneficiary etc. must be clearly mentioned. In case of Property the complete details of the property along with […]