For the residents of Campa Cola compound the question is will they lose their flats today or tomorrow. Does not really matter either way. The whole system is so scary especially in a city like Mumbai where most people’s net worth is in their primary residence. Say your net worth is Rs. 3 crores out […]
I have written many posts about writing a will…but the damn thing is so important that I do not mind writing it again. If you have had a simple life, one marriage, one kid and simple financial assets, the WILL does not become very important. However even if there are some complications like divorce, remarriage, […]
I find the following situations odd…when professionals say something and do something else….! Here are a few examples known to me: A trainer in a life insurance company who trained sales people for selling ULIPS – BUT WOULD NEVER invest in a ulip or a mutual fund. She would invest only in bank fixed deposits. […]
Ok having given such a negative spin to resolutions, I need to tell you HOW it works, right? Well a resolution does not work unless it is a resolution helping you towards a goal. So much before the resolution is made, a goal has to be created. Clearly goal setting sounds simple -but is […]
I have been battered around for too many radical views….and saying the following things: – do not buy a house, rent it – LIC is a lousy investment, do not expect miracles from it – so on and so forth So having said all that let me ask you one terrible question: Is doing an […]
when you write a post you have no clue whether it will be popular or not..so here is an annual review (i do it many times but the articles chosen are always over a period of one year or longer) there are huge advantages of being in a fund instead of a fixed deposit. The […]
Well not exactly poor, but almost helpless! They do have some balance in their PF, may or may not have a house, some money in gratuity, a few bank fixed deposits – and of course no indexed pension. Why do people reach such a stage in life? Well, these are the things that I can […]