Ok I used this headline to attract attention. The other headline could have been ‘How much money do you really need for retiring’. Actually both are hot topics, and need some thinking. Please read the post carefully. If you go to a financial planner you will get a answer which is somewhat like this: […]
“But Subra Sir I do not want to put my money in Mutual Funds’ Er, Why May I ask? Sir Mutual funds are subject to market risks…..don’t you see the ads? Well: What about bank fixed deposits? No, no, Sir just tell me ‘are MFs subject to market risks… Well, yes, but No Sir. I […]
I was talking about frugality to a guy whose knowledge of English does not include this word. Here he was all 29 years of age, not a penny saved, married to a woman who was spending most of her income. Earnings of this couple was in the region of Rs. 20 lakhs per annum and […]
Some of the people I meet seem to be going around the world wearing a BOARD, “I am a …… please deprive me of my money”. Sorry, but I am not able to buy the theory that they were conned, they went to distribute the money. Let me tell you a few examples. 1. I […]
No, this is not a very philosophical post! Hindu mythology says a person should ask for alms only with his open arms. The person should give you food in your hand. A Brahmin is supposed to eat 3 times a day – both hands full. Scientifically this is also supposed to be the size […]
So are you one of those new investors, wary of the fluctuations and unpredictability of the stock markets, considering the Mutual Fund (MF) route? MFs are no doubt a better option for new and risk-averse investors, who are not well-versed with the functioning of the stock markets. As most of us may be aware, […]
Recently a friend was discussing his day to day expenses…and some of the questions were (he was comparing his expenses to his brother’s) and the questions were: How is your electricity bill half of mine? Your total expenses on entertainment is almost 40% of mine! Why is your grocery bill less than mine even though […]