Making money from senior citizens is so easy, it is like …well easier than taking a candy from a child. The child may at least cry, the senior citizen does not even know what has happened! The worst thing about aging is being in denial mode. For all of us at some stage the brain […]
In every financial planning class I need to do a post lunch session. To keep them awake I ask them to do a simple exercise – calculating how much money they require for retirement. Unless they are at least 37-38 years of age, they have no clue as to how much they need for retirement. […]
I have been speaking to people who are about to retire or recently retired…and this is a kind of trend that I am seeing: a. They have NO clue about how much they will require for a comfortable life ahead. b. For many of them they say TAX is a big worry. c. Not enough […]
Look at the financial mess the Government of India is in! Thanks to some traditionally told lies, Governments all over the world have far, far more debt than what they can honestly repay. Big large countries like the US have already cheated the world by making their currencies worthless. Look at what Mamta didi wants! […]
Can airlines really be profitable if ALL THE AIRLINES: – BUY aircrafts from the same manufacturers – Land at the same airports (and pay the same charges) – Use the same airport infra – recruit from the same pool – have a union that will decide the salaries and the bonus – fly the same […]
You walk into a life insurance company and buy a life insurance policy for Rs. 7934/- per annum for a Rs. 1 crore sum assured. The company accepts the cheque and asks you to go for a medical test. What are the scenarios that can happen? Best case scenario, they can say, yes you […]
When asked about Retirement, normally people are in a denial mode. Why even ask them ‘What will your family do, if you drop dead’…is a question they hate to hear. They even hate me for asking these questions. It is difficult to know what to do…so best is either do not do anything or speak […]