http://www.subramoney.com/book-written-by-me/
Here is part 1 of an article I wrote for Money Mantra…
How to select a good mutual fund.
Selecting a mutual fund for investing is a very important step indeed. It is not just important it is crucial. However it is the second step, not the first.
It is surprising at the number of people I meet [...]
A few people I know keep comparing themselves with fund managers – and can arrive at fantastic conclusions. Here is a case in point.
One female – nothing to do with equity markets in her professional life – was a sitting duck for many people selling financial products. To the credit of the salesmen she had [...]
Advantages of PMS
1.Personalised asset allocation. The portfolio should be based on your personal investment goals. It would not be just a general strategy like “growth” or “income.” Thus the money that you need in 6 days would be in a savings bank account, money that you require in 6 months in a floater account, and [...]
In all my financial interactions – be it planning for clients, training, teaching or writing, people have come to me with some problem which they think is unique. In all the financial problems, I am able to find a pattern. Believe it or nor, people more often than not choose the problem by their behavior. [...]
If you wanted to make a career in a sport would you just watch that sport on television and hope to be a world beater? No, I guess.
Similarly if you want to be a good investor watching television or the pink papers or the personal finance magazines and websites may be not the best way [...]
This is not a debate on whether you will live long or not live long. It is simple and easier to assume that you will live long – pretty long if you ask me. If your grand parents are pushing 85, your father is in his 2nd innings, but still holding a job at the [...]
When it’s time for you to retire, will you be able to afford it?
Every person you see working beyond the age of 59 is worried about his or her retirement. Almost all the research conducted on the subject over the last few years shows that most individuals are unable to demonstrate financial readiness for their [...]
Last week I was speaking to a cousin who has just retired – and is likely to get a few million in retirement proceeds. Make no mistake she is rich and not really dependent on this amount of money. Her husband earns very well and they are what can be called “upper middle class” [...]
If you pick any book on investing you will find the following steps to financial “Nirvana”:
1. Have a plan
2. Make a budget
3. Save regularly, and then invest regularly
4. Know your risk profile
5. Understand asset allocation – and stick to it like a discipline
6. Review regularly.
I have no doubt that these are the golden rules. However [...]
Are we in a bear market or in a bull market? Frankly nobody has been able to answer this question when the market is on! 3 months or 6 months later everybody will tell you that “May 2008 to Oct. 2008” we were in a bear market, however now we are in a bull market. [...]