If you are a Senior Citizen, everybody wants a piece of your money, so life is not easy. Having said that even if you are not a SC there are a lot of people who want all your money, what do you do? First of all, we all need a bank account, so it is […]

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Goal Setting is deciding the end-point of your planning exercise – determining where you want to go. The more tangible your goals, the easier it is to plan for their realization. Begin by listing both your short and long term financial goals. Short-term goals are things you want within the next five years – a […]

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Money management is the whole process of getting wealthy and includes: earning, budgeting, spending, borrowing, accounting, taxation,  saving, trading, investing, etc……. So it is likely that some of the points here could be relevant to you but not to APPLICABLE at this point in time……but still please read on: 1. NOT knowing the difference between […]

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Here is a Master Class of Investment Lessons…..I did this as a lecture for a few managers who communicate with HNI customers… Not necessarily in any particular order…you choose that yourself: 1. Write down an Investment Philosophy Statement like this:  http://www.subramoney.com/2008/02/secret-of-successful-investing-philosophy-statement/ 2. Be clear about your financial goals – and understand that a market fall […]

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Many people ask me for the best investment advice ever… This obviously has to be a very small post: 1. Write down your financial goals: Clearly, SMARTLY, ….write. And see what each goal will do for you, say it out loudly, believe in it. Make sure YOU want it. Not your mom, wife, child, ….YOU, […]

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Many people confuse risk with volatility. Volatility is not risk. It is like saying that the sea having waves is risky. If you build a ship and sell it saying ‘this ship will sail well when there are no waves’ – sounds like a joke, right? This is so bad that ‘Risk adjusted return’ is […]

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  Every day I get one mail at least asking for the following: 1. Will you give personal advise on equity trading? 2. Is it a time to be buying gold? 3. Do you do PMS? Will you do it for me? 4. Why do you not suggest MF schemes to buy? 5. Why do […]

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