With real estate in a boom over the past few years, one thought that crosses peoples mind is to use ‘Home Equity’ as a Retirement Plan. Good idea? Feels so. At least at this juncture, however like all assets it has its ups and downs. Let us look at what I mean. What is Home […]
For the past 3 decades (at least) YOU have been told by us (media) that there is ‘good’ debt and that there is ‘bad’ debt. Good debt is a beautiful concept ‘created’ by lenders with a great, benevolent image to say that: interest rates are low it is tax deductible and it is used to […]
Money management is the whole process of getting wealthy and includes: earning, budgeting, spending, borrowing, accounting, taxation, saving, trading, investing, etc……. So it is likely that some of the points here could be relevant to you but not to APPLICABLE at this point in time……but still please read on: 1. NOT knowing the difference between […]
Peter Lynch managed money for a very short term, but did such a great job that he became very famous. He is also a very good writer – which means he has books which have sold more than a million copies. Awesome indeed. Some of the things that he said are really worth remembering, but […]
All the articles in the financial services industry are written by people who have a vested interest in either the advisory business or in the sales business. By ensuring that you have an adviser there is a good chance that you will be nicely domesticated and beaten to submission. This will ensure that you say […]
When you go to a doctor you get a feeling that you have gone to a person who is completely ‘loyal’ to one school of thought. So you have a allopathy slave, a homeopathy slave, a unani slave…… NO DOCTOR has the patient’s good at heart? Not sure if it is too sweeping, but why […]
The most important thing about a regulator is he speaks in the language of the MOST powerful player. Period. So if it is RBI he will speak in the same tone as State Bank of India. If it is Insurance, it will sound like LIC and in case of mutual funds it used to be […]