We are amazing human beings. Let me write about some of our inconsistencies: 1. When we choose the highest paying job / assignment job that we can find, we are being smart. When a cricketer chooses whether to play for the country or for a club, he is being unpatriotic. 2. We never go back […]
The market is in a nice bull run. Or so it seems. Over the past 1 year the index has doubled. Your portfolio may have done something like that. If you had Procter & Gamble, Colgate, and Gillette, it would have done even better. If you had traded in those shares it would have been […]
There is a huge problem with personal finance and the media. Beyond 100 pages, there is nothing to write. Dilbert says beyond 140 words there is nothing to write. That is like a tweet. Now the problem with sports is the same. There is a limit to what you can say, write, tweet, exclaim…so the […]
If you are not a very strong person the markets are a cruel place to seek reassurance. Many of us are brittle – an unanswered phone call can make some of us wonder our worth!! Of course if you are in sales, you are used to calls not being returned, but for the non sales […]
I know a person slightly above my age – he and his wife are both school teachers who do not have too much income from tuition. And they are school teachers in a poor school but have government regulated pay. I have never, ever heard them complain about money – NEVER – the special emphasis […]
Many people do not know about the Voluntary Deposit Scheme at work in Mumbai. If you are a user of Mahanagar Telephone, Mahanagar Gas or Reliance (electricity, Adag) – chances are you are if you are staying in Mumbai for a long time you use all 3 services. Let us assume that your telephone bill, […]
I keep saying simplify your financial life…here are some steps (I myself need to take some of them…but gyaan baatnein mein kya hai…) 1. Consolidate all your accounts: Savings bank, Current account, credit card, demat account, brokerage account, life insurance, mutual funds, …first step is consolidate. Once you collect all the papers make sure that […]