Here are 2 stories – there are about 1000 Indians who will be able to identify these stories even with complete change of names, initials, time periods. Of these about 10 read my blog, 20 know about my blog. So will tell you 2 stunning equity market stories. When you read this you will realize […]
Salesman: Hello Mr. Subramanyam, Mr……..Patel calling from …….Share Brokers….from ……………..town (not Mumbai, not Delhi…) of Gujarat…Can I talk to you for 3 minutes? Subra: Sure Salesman: Sir I have a RISK FREE, 13% interest bearing instrument! Subra (with a skeptical look, as always) – why is it risk free and paying a 5% risk premium? […]
What would have happened to your portfolio pricing if your pension policy were to come up for pricing NOW? What would be the MARKET VALUE of your Endowment policy, if it had to be marked to market in this market? How unnerved would you have been if you got the NAV of your endowment policy? […]
For people in their 50s – and now even in the 60s looking after ageing parents is an important task that they are doing. Most of your life you knew it would happen, but when it happens you are not really fully prepared for that. It takes a financial toll and a physical toll of […]
Here is a story..obviously from the great Hindu Mahasamudram. The learning is more materialistic. Obviously at the philosophical level it is the Gandhian philosophy – there is enough for every man’s need, not for every man’s greed. Or you could take it like the philosophy of salt – too much and the broth is spoiled, […]
We just say that we do lie about money…let us see why some of us do it… 1. We do not want to accept that our decision was wrong: One kid left Indore to work in Mumbai. Her father told her ‘ at 21k take home pay it is not worth shifting to Mumbai’. Now […]
should you borrow at all? if you should borrow for what should you borrow? Remember if you are a good borrower and the lender is sure that you will repay the loan, there will a bunch of them waiting to lend to you. For the bank, you are business… http://www.subramoney.com/2013/05/debt-bad-or-worse/ should you keep your money […]