Today every T, D, H and his aunty has become a financial planner. Largely it means they will provide you a cookie cutter questionnaire (if at all), mouth some brilliant one liners ( equity is for the long run, Hdfc Equity fund has a good long term track record, you must have a child plan […]
How much should a professional charge as a fee? This is a question that I have found almost impossible to answer. Let me tell you why. Suppose you have a client who has a slightly complicated family relationships. The client is a 65 year old widow who is rich, and has the following assets: One […]
Yesterday a cousin had to convert a pension plan to an annuity, and he had sought my advise. He had an accumulation of a small amount to be converted. They had sent him a form to his residence – he had filled it up and brought it. The form was complete in all respects…so he […]
find ‘gym’ and replace ‘financial planning’ ….and u will know what it looks like…. A friend introduced me to the owner of a nice gym in the suburbs of Mumbai. He has a nice ‘civil service’ background but quit all that to start his own gym. While talking to him I came to some fantastic […]
So at last I am entering the business of Fund Management…… and here is my New Product launch: It is a 4% Guaranteed Equity Bond – and will be launched on 1st April 2014. Fund Managers: H S Mehta and K M Parekh Disclaimer: any resemblance to anybody from the past market scams is purely […]
When 2 people get married……we hope that they are financially compatiable, sometimes they are, sometimes they are not… Here are the details of a couple …and they had an amazing story. I took their permission to share the story with you… He is 42 she is 37 years old. He works for a huge pharmaceutical […]
Today it is very easy to live beyond ones’ means. If you take any magazine you will find about 15 advertisements – of this about 14 will extol you to live beyond your means. If you can afford a Ford Ikon, they will urge you to buy a Honda City. If you can buy […]