If you want to lead a nice normal life you need to do some simple things right. Not to say it is easy. Let me explain. Getting up in the morning and going for a walk. Sounds simple, but not easy to do. Give up smoking, sounds simple, not very easy to do. However there […]
When I was talking to a regulator, he asked me “How come ULIPs (Unit linked insurance plans) charge such a high “entry” load? I told him as a distributor I can actually make more money from a customer selling mutual funds than selling ULIPs because of churn and a trail commission that is based on […]
This is of course an old article inspired by Mr. Buffet’s thinking – or Mr. Graham’s thinking, language and concept of Mr. Market. It appeared in Moneycontrol long back….however things have not changed much. Mr. Market: Good trader but a terrible investor. When you push that ‘Place Order’ button or get that confirmation in the […]
So, What are the Ten Roads? More importantly, what will work for you? 1. Start a successful business—the richest road! Sure you can become a Bill Gates or a Azim Premji. However even if you do not become so successful you may still be able to make a couple of crores – not bad. This […]
this article by Suraj of moneycontrol.com first appeared on ibnlive.com – i have reproduced it here as it contains my quote and reasonably explains what is an etf. So here it is as a part of my tutorial… Hovering at around 9,000 levels, the Sensex has shed more than 50 per cent of its value, […]
This appeared under my byline in reuters india in their personal finance section I have a difficult time explaining to editors in their 20s why there is a gap between what I say in my columns, what I do and what others do. The origins of this article can be traced to a meet with […]
The last 30 hours have been overwhelming. Sitting in Navi Mumbai, I feel safe at having escaped this dastardly attack. It soon struck me that I am safe but only until the next attack. I was wondering whether we have got so indifferent to pain that we might end up saying “Oh, the terrorists have […]