Many things in life are better achieved slowly if you want the gain to be permanent! Does this remind you of another boring task – the process of losing weight? If so, welcome!
Investing and money management is a lot like eating. So is losing debt like dieting? maybe…maybe not. Is getting out of debt a [...]
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 [...]
These are stories about a few friends.
I have 2 friends – aged about 57 years. They were classmates and are now very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA and [...]
Stash away that bonus!
If you belong to that class of employees who gets a bonus at Diwali time, lucky you! Today you would be sitting on that bonus in your hand and the whole family would have a claim on that.
Who are the claimants on this bonus? Lots in fact!
Thanks to the fact that companies [...]
If you have a financial planner with a ‘product sale’ mentality – especially who has sold loan products also in the past, there is a good chance that he would suggest leverage. Leverage means borrowing. So read on…
Financial planner: Borrowing sensibly is a good way to build wealth. Do a disciplined borrowing and you will [...]
There are many ways of getting rich. The quickest way is to sell something that you can buy for Re. 1 and sell it for Rs. 500. Then create a sales force which sells it for a 10% commission. The better the quality of sales force the greater will be your profits. The more such [...]
this appeared in the personal finance section of reuters.in under my byline
Escape from Debt
If all the people who talk to me are sensible, well educated people, how is it that the Human Relations Managers of many companies call me for asking questions like “Can we do a 3 hour session on how to handle debt?” [...]
These days it has become fashionable to do articles on “investment myth busting”. Since I cannot claim to have started this myth, I need not end it either.
Let us examine them slowly (One is what we can handle in one day)
Myth 1: Stock market investments will always outperform bonds and fixed-return avenues in the long [...]
As the equity markets have fallen 50% in this calendar year, 2009 markets have to be up!
How appealing – and could it be wrong? You bet it can be.
I am a little cramped for data – I have the March ending indices and just ran through it. It is not true at all that a [...]
For most Americans, Christmas has been Hijacked. Or whatever was left of Christmas after the dreaded R word, the non-bail out of the auto giants, but the top most question is: In the fraud dictionary,
Has Madoff replaced Ponzi?
Every year, I watch, good, honest, hard-working people go and lose a lot of money to some Ponzi [...]