I got scared when somebody came of Facebook and said ‘Subra said Life style creep should not happen’. HEY that is now what I said. A financial planner or a blogger cannot decide what you should do in YOUR life. As a blogger / financial calculator provider I can only tell you the financial implications […]
Are you surprised at this title? Has the Insurance industry not been telling you that Indians are under insured? I met one person last week – a lady who had taken VRS. She was not planning to take up a job again and it was the end of her working life. She was under 40 […]
In finance (as in life I guess) I do not know why people ask AFTER the event is over. You need to ask BEFORE you invest in say a ULIP (it is not so bad in a mutual fund, an exit is possible after one year, without load). A ulip pension plan / a regular […]
http://nblo.gs/ZhbWj here is an article by Balakrishnan….about PSU banks ..must read. The Regulator has such amazing protection schemes for the banks..that you will not even believe it. Hospitals are treated as REAL ESTATE business and hence charged 14.5% interest rate per annum. Now the same thing is applied to somebody trying to run an Geriatric […]
1. If you wish to accumulate wealth through investing, please realize that the investing pot comes from giving up consumption – in the initial stages at least. If that hurts, wealth accumulation is very difficult. 2. If you or your somebody else in the family spends money to show off you are not likely to […]
We still do not know what happened at the banking conclave…or the ‘Gyaan Sangam. Hopefully some manthan must have happened and some amrut may have flown… What he spoke at the Icici function was 1. use cashless transactions – that will reduce black money. Fantastic. Since Na Mo cannot bring back that small amount lying […]
Here is the annual report for 2014…read on…if you are not bored… Total number of posts in 2014: 489 new posts…taking the total archives to 3403. It will take you 1 year to read them all if you read 10 posts a day. Best day still is a day in 2011 when I posted the […]