It was in the year 200x that you took a Rs. 40,00,000 housing loan. Now 5 years later you are very comfortable with the Rs. 40,000 per month EMI that you are paying. You and your wife find that you can easily increase the EMI to Rs. 50,000 without a sweat. Should you increase the […]

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When Indians need to invest they look at Gold, Real estate, Post office, bank fixed deposits, life insurance, mutual funds…in that order. Is it too wrong? According to P Chidambaram it is. You are supposed to keep your money in ‘Financial Assets’ so that PC and his brethren can benefit. One of the brilliantly sold […]

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Whenever I do a program on investments or personal finance, people rush to me, and ask “Are you saying direct investment in equities is so difficult, that we should not do it ourselves?” My answer is normally yes. That is because for most of the people I meet – whether they be Relationship Managers in […]

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In my class I am normally asked “Is the equity market like a yo-yo?”, the other question is “Is the equity market like a roller coaster?” My answer to both the questions …is NO. NO in capitals. Both the yo-yo and the roller coaster have a predictable movement. You know the yo-yo will go down […]

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Today all websites tell you that you are just not competent to manage your own money. This is followed by a corollary saying ‘therefore you NEED a financial planner’. Be that as it may, assuming you have a financial planner, what are the questions that you should be ASKING him….and then hope that he answers […]

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I had done the following post in the 1st week of June, 2006. Except for the numbers, the story is just as fine. It originally appeared in the Personal finance section of moneycontrol.com Okay, so the market fell 1,100 points on 22 May 2006, it fell 350 points on 31 May 2006 and another 327 […]

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There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you […]

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