It is amazing how everybody knows what Namo should do to revive the economy. Just that Namo does not know that. Now when the economy grows at 10% p.a. it is easier to pull more people out of poverty. So it is obvious that many people (assuming including Namo) would like India to grow at […]
In this amc I have met employees who keep a big part of their own money in bank fixed deposits…Lol…but they have sent me a mail telling me the following… Markets are volatile in the short term. True, but means NOTHING. It does not mean that it is NOT VOLATILE IN the long run. As […]
Today was the 4th India Wealth Management Conference organised by the CFA Society of India. Thanks to the CFA society for organising the seminar. I wish the attendance was better than what it was. Thanks to the sponsors SBI Mutual fund and DSP mutual funds. Big thanks to DSP because of whom I attended the […]
Not very long ago good quality advice was available only to millionaires and mostly men over 50 years of age! Now it is available to all of us. It required a team to understand what advisors said and you had to interpret it yourself. No. It was not easy even for the millionaires. Now advice […]
DHFL Pramerica Mutual Fund will be called PGIM India Mutual Fund subject to regulatory approval. PGIM: Prudential PGIM is the global investment management business of US-based Prudential Financial that manages USD 1.2 trillion or Rs.84 lakh crore. In a press release issued today, PGIM said that it has bought the remaining 50% stake of DHFL […]
Read part 1 first : that is the background http://www.subramoney.com/2019/07/i-got-rs-10-crores-what-should-i-do/ The amount of money that you have is so big that it is impossible for most 32 year old. It is important that you do not get into bad habits – remember it is easy to slip into them. I was happy (surprised too?) that […]
The future of any business is more clearly visible to the people who are not in it already. When I meet people who are in the advisory practice – fee only or even the distribution model, all I hear is angst. However, when I meet doctors (fee only, always) and talk to them you realize […]