It is customary for older people to talk about the loose morals of the younger generation, the increased corruption, and lamenting ‘In our times things were not as bad’. Frankly some of the horror stories that I have heard in banking channels makes me wonder, if I have no clue of the eps, why bother […]
I have been accused of the following: Keeping gold prices low. People losing out chance to buy gold/ land / real estate because of my writing. Hilarious because I have rarely taken a stand for or against. I do not consider it for my portfolio – SHOULD mean nothing for you. I have consumed about […]
Let us look at a fictitious conversation between a ‘Super Senior Vice President – Strategy and Execution’ and an IFA: Sir my client, Subra, has invested in our company’s ULIP with the least fund management charges…but it is doing very badly…what should I do? Sir my client is not a greedy or a crazy guy, […]
sorry, the service provider that I am using has some major crisis at his end i think…i could not change the date of the post that I did in 2011…it is a good post, so I thought I should just re-produce it here..take a lil trouble and click on the following please…of course i could […]
Subra one does not know whether I will pop off at 45 or like A K Hangal at the age of 98. So in order to live peacefully, I need to create a serious amount of income and wealth. – So said a reader who is about 40 years of age. He also said ‘the […]
Maybe because I am in finance or for whatever reason many people tell me stories of financial fraud. The most dangerous are the ones involving finance and Senior Citizens. Story No. 1: One senior citizen without too much knowledge of banking processes and documentation asked his close relative to withdraw money from the bank. […]
Nirmal Jain of Indiainfoline is a sensible businessman who needs to and will do business in India. If you seriously look at his business model, it is the funding operations which is really making money. In the financial services industry, broking, mutual funds, life insurance – NOTHING is profitable. One HFC told me – we […]