There are many financial advisers in the world and many are wondering whether they will be replaced by an algorithm! Sure people can create software that can replace financial advisers, but certain things will keep the client with you, if you do it well: 1. Establish a great relationship: If you are the ‘Go To’ […]
Why do people lose money in the equity market? Well there are many and I have written a lot about this…so a few more: 1. I have seen people take contrarian positions while doing a trade: for e.g. going long on Tata Motors and going short on Tata Steel. The reason? hoping that one of […]
Many people tell me tales of their advisers…let me tell you the WORST… 1. Madam your husband had Rs. 46 lakhs in PPF – do not remove it now let it remain there. If you remove it you will lose the benefit of tax free 8% return that you were getting…and you will have to […]
With such an array of MBA colleges available to choose from, it must be overwhelming for anybody to choose an MBA college. What are the things that one should look for while choosing an MBA college? Let us look at the factors that must be considered: 1. Why do you want to do an MBA: […]
A friend with pots of money wanted to invest in RE. So he went to a Mid sized mid Mumbai builder (for So Bo people Worli is not So Bo)…and asked for the price of a flat..he was told Rs. 18 for a flat. He saw a few flats and did not revert to the […]
If somebody says “I will teach you to invest like Warren Buffett” – you need to take it with a pinch of salt. Mukesh Ambani, Bill Gates, Warren Buffett, ARE NOT FUND MANAGERS. They are business managers who do a lot of things – many right and some wrong. Obviously they have made a lot […]
How many of you are hoping to get 17% on Gilt funds this year also? I am not saying whether it is possible or it is not possible, just asking. I have known only one thing – a year of 17% return is rarely FOLLOWED by a 17% year…and that is exactly why even in […]