So here is Children’s Day – a good day for parents and children to take stock financially speaking! Most parents like to think they are helping their children by helping them financially. Especially if you are doing well – but in many cases even if you are not doing so well. Take the case of […]
In every class on retirement planning one question which I always get a wrong answer is: “Will you buy big assets like house, car, etc. AFTER you retire?” It is met with an “obviously no. why do you even ask”. Well the obviously no is said and ‘why do you even ask is in the […]
Half the country’s population is now an agent. So it is quite unlikely that nobody has approached you with a “you must have this …insurance policy” kind of spleen. However, you may or may not have agreed. Most of us doubt the credentials of the person who pitches any product to us. Insurance is worse. […]
Why do people postpone making their will? They think they will never die? Or they are sure that all their heirs know about their inner desires? Well read on… The current generation of clients whom I meet is inheriting nice big round amounts of money. However since their own salaries are far, far higher than […]
Many friends in the media will feel let down by this post! After all the media spends so much time and effort on the macro. Telling people that they should look at market cycles, inflation, demographics…. Warren Buffet says ” Ignore the Macro, Focus on the Micro”. Clearly business should be concentrating on what they […]
Animal Planet may well be the best channel to watch for investments! Surprised? Well, considering that investor behaviour resembles that of herds, it does not sound all that unreasonable. After all, in 2001 we found it hard to convince them that it was worthwhile to invest in equities. Now in 2008, it is hard to […]