Rising real estate prices are likely to hit doctors the hardest! Do you see the connect doctors? Any simple business which is dependent on ‘geography’ will have to worry about rising real estate prices. Let us take the example of a opthal, a dentist and a ‘General Practitioner’ – all 3 doctors. Assume for a […]
Many young couples I know shudder to think of having a kid. One of the guys told me ‘I am still a kid…how can I have a kid‘. And he is 29 and so is his wife. This is not a class on whether to have a kid, but for those who have a kid! […]
Some of the dreaded questions that this gen asks is so scary…. 1. What do you do? (in the last 30-40 years it has got scary) 2. What is your educational qualification? 3. Where do you live? (location: Country including PinCode) and 4. What car do you drive? Frankly there is a big mafia out […]
There are many people who write in to say ‘I do not like mutual funds’. Fantastic. What is your choice? Out of about 4000 investors / traders whom I have met over the years not more than 50 are/were capable of beating the index regularly over long periods of time. The statistics is against you […]
Which is the worst investment advice that you have ever received? Back in my 20s – when I did not know that I knew nothing about investing (trading I still do not know) I had clients who would seek my advice. Now this advice is kinda addicting. When people ask you give some advice and […]
Here is a rejoinder from a FP…he/she does not want to be named. Subra read your blog, it is good…really good and sums up the situation. Let us look at it from the planner’s point of view. The client does not respect the planner enough (your argument that respect has to be earned is well […]
There are a few professions where the professionals are expected to earn less. If they earn more, there is jealousy, and almost an accusing tone from other members of society! These professions are teachers, doctors (I mean all types of medical doctors), and priests. People like to ‘respect’ a teacher TILL they conform to […]