A very good question which some of the more articulate kids ask me. A fair question too. Your father is a very successful professional, your mother is in a senior position with an MNC. Your wife’s parents have a business background and are very successful in a well established business. Should you save 50% of […]

Read More →

See if you are doing these things or at least some of these things to destroy your financial health….. 1. Postpone starting to save / invest: Forget that there is a tomorrow. Let us look at the reasons that people use: a) I am too young to save / invest b) I am too old […]

Read More →

I found a 78 year old man with a very strong balance sheet, but poor P&L account! What does it mean? Well he had a lot of assets – a nice big house which he was not using much, equities, bonds, and of course cash. Life long if you (and me) are brought up saying […]

Read More →

7. Confirm tenure is appropriate: “The insurance representative offered me an endowment policy for 30 years…and at age 44…I am wondering how will be able to pay the premium after I retire…what should I do Subra?”. GENUINE READER QUERY…My answer is a separate post….will do it soon. Here it is: Appropriate tenure of a risk […]

Read More →

A lot of qualified planners have given the following advice to a few people who have written in to me..let me summarize a few of them for you: 1. Equity is risky, it has no place in your portfolio. I write so much about equity, I am sure my readers know how stupid this line […]

Read More →

Very few people even think they need financial advise. The usual reasons why people think (or they tell me) are as follows: 1. I do not earn enough to seek the services of an advisor: Well, well anybody and everybody thinks that their income is just too small for them to seek the services of […]

Read More →

So Sushil Kumar has just won himself Rs. 5 crores – and obviously the first question topmost in his mind should be: How should I invest this huge amount? Well let us assume that he gets Rs. 3.5 crores after all taxes are deducted. The following steps are very important: 1. Invest the whole amount […]

Read More →