An excellent profession / business to do now is the financial planning business. Of course some people call it a profession too. Why am I saying this? Simply because we are in the very early stages of the profession. It is like being in the banking business in the 1900s, in the mutual fund business […]

Read More →

Caveat: I do not know the answer. Caveat: I do not think I need to know the answer, I am happy with a 2% real return, for many of you that would be not a happy situation, perhaps. My requirements have gone down because of the past performance. Caveat: Nobody has an answer, and far […]

Read More →

Well there is no real Indian rule of 15, but I have just taken the American Rule of 25 and adapted to Indian conditions… What is the American Rule of 25? Well if you need an income of 100,000 a year and you are not worried too much about the rate of inflation POST RETIREMENT…then […]

Read More →

How I wish I had the data – core, raw, authenticated, available for free – on Indian investors that my blogging friends in US have about American investors. I am sure it will NOT happen and we will have to live with our own pathetic data and assumptions. If the regulator (sitting with about Rs. […]

Read More →

US Fiscal Cliff simplified for everyone. This puts things into a much better perspective as to the present US economic situation.. Lesson # 1: * U.S. Tax revenue:      $ 2,170,000,000,000 * Fed budget:        $ 3,820,000,000,000 * New debt:        $ 1,650,000,000,000 * National debt:      $14,271,000,000,000 * […]

Read More →

  So many people have asked me this question, in so many conditions, that I really do not know what to say! I have replied to this in many ways, so let me try one more. The simple answer is NO. However like most human beings you may want a more complex answer, right? There […]

Read More →

Amazing what the 2003-2007 boom in the markets have done to people! Many people have taken their income from 2001-2007 and are extrapolating that growth over the next 20 years, so some of them are hoping to retire on a salary of Rs. 3 crores a year – at least that is what the excel […]

Read More →