HUMOR COLUMN: THIS IS A FORWARD SPAM THAT AN AGENT FOR ICICIPRULIFE HAS SENT ME: AN educative sounding pitch for ulips..the pitch is hers, the humor is mine. WHY ULIPS? Unit linked insurance plans (ULIPs) are a category of goal-based financial solutions that combine the safety of life insurance protection (see I always told you, […]
There is something happening in Mumbai which will mean the real estate prices will go up. From the current numbers to the stratosphere…even before you click on the link given below. My friend used to give me an example saying…’My neighbor sold his 1 BHK for Rs. 155 lakhs, but I will get Rs. 210 […]
How many of you have grudged your friends who say “My father had bought a flat in Santacruz for Rs. 200,000 in 1977, now it is worth Rs. 30,000,000” – surely you felt pangs of jealousy did you not? Did you think – if I had this I could have retired instead of suffering this […]
When you get advice from somebody you are hardly in a position to tell whether it is in YOUR interest, right? Well, here are some tips! When you go to any professional these days they make their advice sound very ‘professional’ sounding. So what are the signals that you should look for? 1. You go […]
MDA – Mukesh Dhirubhai Ambani – the man the world loves to hate. If you are a shareholder the chances are you love him, if you missed buying his shares, well he did give you a lot of chance to buy. In fact at Rs. 970 it is still a good buy. However, if you […]
The problem with risk is it is generally not visible. In most cases we wish to avoid it by PRETENDING that it is not there, or ignoring our inner voice which keeps telling us that there is risk. The worst thing is Risk is counter intuitive. Let me explain. In 2007 end and perhaps the […]
It is an absolutely mad quest for more. A bigger house, a bigger holiday, a bigger college and education for our kids. To achieve this we have added more work, need more returns on equities, bubbles in real estate, – dammit it is scary. So when Raghuram Rajan says we are in the midst of […]