I could not believe my eyes when I saw this headline! Once upon a time when Chartered Accountants were judged by their reputation, things were different I guess. PwC when it pitches for business now must be saying..’See we are such a big firm, a few frauds do not matter’. However long ago when I […]
Is the market going to go up or go down? Well we all have tackled this question in many ways..here is one more! One ‘Wealth Manager’ came to me recently with a PMS scheme which gives me a 12% assured return (over 3.25 years not annually) – and this fund will invest in a mix […]
There are some stories that I really liked as a kid. One of them is the hen that laid golden eggs. Since the average IQ of the readers of this blog is high, and for brevity do not think there is any need to repeat the story. Let us see what the government does when […]
When people talk to me about retirement – they compare themselves to their parents. There is a large population that has already got it wrong. I met 2 people who have crossed 85 years – BOTH said ‘I thought I will die at 76-77, my father died at his age of 74, I did not […]
Ask any person what is their biggest asset? Well it sets them thinking….and then the facts… Most people do not know what is their biggest asset. They then say – it is ‘ my house’ , ‘my equity portfolio’, my car, etc. However then I lead them to the next question: Have you borrowed for […]
Manish talking to Puneet: Here is where I disagree to some extent , If you disagree that Tradional Insurance can beat Term + Balanced Funds in long run , then you are disagreeing the fact that Equity investments risk goes down in long run , Take two case Case 1 : A buys Traditional Insurance […]
If there is one China lover, it is Marc Faber. Yes Marc Faber the author of the Gloom, Boom & Doom Report says China is overdoing it. “it does not make sense for China to build more empty buildings and add to capacities in industries where you already have overcapacity. I think the Chinese economy […]