We saw what kind of bills and debts we pay…in the part 1. So first is we need to acknowledge it as a debt Second there has to be a cost of not paying the debt. Which means we pay a debt (which we acknowledge as a debt – especially if we have a choice). […]

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One day when you are 40, your wife will scream at you saying ‘You have done NOTHING’ for our old age….. So you will feel guilty and continue to watch TV….but there will be no action…. Then one day at lunch your colleague will tell you …’hey you know what I just bought a pension […]

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Some retirement advice was not bad to give even 20 years ago. People retired at 58 and promptly died at 65. Their PF and gratuity lasted till they did, and then it did not matter. Now chances are you will lose your job at 55, not have a pension, and live till age 90. So […]

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This article appeared in MoneyControl….a few MONTHS ago… The market has gone nowhere in the past 4 years. When your financial planner / relationship manager / advisor told you that equities are for the long run he/she also said ‘long run’ means more than one year, correct? Well you invested when the index was 20000 […]

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1. You should not fall in love with your stocks: too many of the newbies having ‘read up’ some literature feel that one should not fall in love with your portfolio. Completely wrong. I agree the company does not know that you exist and frankly the company could not care, but it is stupid to […]

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  Will you inherit anything at all……..and how much you inherit is a question that you need to answer for yourself! The longer a parent lives, will the corpus be higher or lower? Well this is a trick question actually. If you are living in your father’s house which is appreciating (like people say real […]

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  When I say parents put kids in EMI traps, I mean the guys (like me) born in the 1950s, 60s whose children have started earning….and sadly turn to their parents for advise. Well it happens like this… A guy born in the late ’70s or early ’80s starts earning. He first goes and buys […]

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