Many of us pretend to understand risk and think we are fully prepared for it. Wrong. Most of us are hoping that since our parents did not face risk, we will not face risk. Let us look at some of the risk which we pretend will not happen to us, because so far it has […]
If you are an investor how many fund schemes do you need to know / track / understand? Well if you are like me 3 a maximum of 5. However if you are a person who thinks that all problems in life can be solved by mutual funds, maybe 10. Normally people save for […]
I really cannot say why I run this blog. But here the following are NOT the reasons: 1. I have no retail product other than this blog (and the ad revenues are so pathetic that I will not miss it if it goes away). 2. Dealing with retail is very, very, very tough for people […]
i am not sure whether this is a one off experience or true across many locations… In chennai when a friend tried to sell gold worth Rs. 3L – she was told she could exchange gold ornaments for gold, but no cash. She had the same experience in a few other reasonably sized shops. I […]
For most people a job is a means of earning money. Correct? No. Wrong. Completely wrong. For just too many people it is a social need to going to the office to do some work. This is completely true for the male population and partially true for the female population. Now if you have no […]
Remember the Slumdog Millionaire movie? Well, they picked up a kid from the slums and made a movie based on the book by the same name. The kid from a slum was scrubbed, cleaned and fitted into a world of ‘clean bodies and unclean souls’. So far fine. Now this kid went from slum to […]
Not sure how many of you deal with American companies or read about the sales practices of the aggressive financial services companies there. They have something called ‘boiler room sales people’ – people who call clients, create stress and do sales. Have I found its equivalent? For those not well versed with the insurance sales […]