The way we have complicated our lives is really awesome! (ha ha Gen Y word for everything!). We had simple running shoes. Now we have gel shoes, air packets, sole less shoes,… there is such a huge range you will not believe it. Food, finance, life, entertainment – you name it and we have it […]
If you do not know who is paying your financial planner, take heart, you are paying a much higher price than you want to. Frankly it does not matter what a person calls himself / herself. If a person says ‘I will spend time with you and make a financial plan, and I will charge […]
“Mutual funds are no longer profitable”; “It is not worth being in the life insurance business” – you have heard this and variants of this from the ad driven media, right? Well the truth is not very close to this. Let us take the case of Hdfc Mutual fund. Given the huge AUM already under […]
If you have a lot of money and can afford many things, life is great – Economics. If you have a lot of choice, it adds stress – Psychology. Walk into a typical wedding I attend, the range of food that is available normally numbs me. One of the weddings had a FULL range […]
Clearly inspired by Aamir Khan’s program on doctors… Sorry I do not have the reach of an Aamir..but would be happy if you write in with your problems. I can assure you that the cxo of the company that cheated you will hear about it. If it is a psu, please excuse me….i do not […]
A few days back Safalniveshak posted a comment saying his friend’s father was cheated by an agent who had sold him 192 schemes in 192 folios. He called it bad and disgusting. Let us look at the whole process. A mutual fund or a life insurance company gets a LICENSE to do business in their […]
My neighbor of many years had about 900 shares of Hdfc (pre split) so now he should be having 4500 shares. His portfolio was not too great, but this share somehow he listened to me and held on from 1980 onwards…so it had grown. He had a very ambitious broker – and my genius neighbor […]