Many people write in or ask – what should my relationship manager tell me about my portfolio / new investments. Here I am trying to make a partial list. 1. I need to profile your risk – and your risk profile depends on your age, your income, past investment experience, your projected income, your needs […]
This is the second in a series of ‘myth busting’ articles..in all there are 6 myths. You will find a completely contrarian view in the print media! This is completely true some people think this is false! Only problem is people who think this is untrue do NOT know how to do fundamental analysis. For […]
I know this may sound sacrilegious, but the housing loan (mortgage) interest deduction is the most over-rated tax strategy in existence. I constantly hear happy “homeowners“ boasting about how much money they “saved“ with their mortgage interest deduction. Asking your boss to reduce your salary would perhaps have the same effect. If you are in […]
I know of a few mis-sellers in the financial services who excel in mis-selling. Let us call them A, B and C. A is so used to mis-selling that when a ‘friend’ wanted to buy a DVD player, he was convincing her to get a lap top. This in spite of the fact that he […]
I was inundated by clients, friends, foes, readers, ….Is Jeevan Aastha a good investment? Two friends came to meet me. One had just invested Rs. 100 lakhs in JA, and the other was crying over the fact that the last date had passed. (I was not sure about the closing date anyway). I reassured my […]
a better version of this appeared recently in moneycontrol – in their wealth section… Shiva Garru of Hyderabad told me a story really difficult to believe, amusing for the readers and sad for the participant. His father in law had invested in fixed deposits and lost money, where as his father had a lot of […]
Suzie Orman is an American TV host who runs a very successful program on personal finance. She runs one section called “Can I afford it”? Needless to say it is very popular. So popular that it has, obviously, triggered a few Indian equivalents in the television space. Nothing much in the print or web – […]