I had to do this column. Not because ulips are God’s gift to mankind, but unit linked insurance plan that I bought (circa 2004, much before the media decided that ulips are bad). I bought unit linked insurance (and continue to own them) from Hdfc Standard Life Insurance company. Here are the details for the […]
A friend asked me to see value research online – and see the lead story on why you should distrust your adviser. I was amused because ‘How to select a financial adviser’ is a topic with which I have often grappled for and on behalf of many friends. Let us take a typical ‘media’ answer […]
Many people ask me why I suggest New India for medical insurance, but never suggest LIC for life insurance. The answers are simple. Medical insurance is a simple product and the probability of getting a good interpretation of the policy is quite high with New India. In fact if you have not lied in the […]
http://www.subramoney.com/book-written-by-me/ Star Plus is perhaps the greatest cricket expert who has never played for India. Since they know everything about the game, they should be made the non playing captain of the team. Every ball bowled, every word spoken, every catch taken – and of course dropped, every injury is analysed threadbare. Conclusion: Indian bowlers […]
Or Why you do not need an investment consultant or an Investment Advisor ! If you need bypass surgery, you should find the most qualified surgeon available.This need not be the most expensive surgeon. Some surgeons are better at PR so they command a higher price. Some surgeons are good but in smaller hospitals. You […]
Recently one Advisor (and his associated fund house) have been pushing me to invest in a fund of funds. I am a little scared about a super supervisor over looking my funds. However Quantum Long Term equity fund was being pushed to me – really hard to invest in that fund. I decided to compare […]
Over the past 20 years I have dealt with the financial markets. Here I have obviously met all kinds of people – brokers, bankers, owners of brokerage houses, life insurance salesmen, relationship managers, and of course the guy who pays all the bills – the “investor”. Here is a summary of mistakes I have […]