The chances are that you are either employed somewhere or you are in a business. If you are in a business you understand that 1. First you create a product, 2. Make it, test it and then deliver it to the client 3. The client buys it uses it and then makes the payment…. Right? […]

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In every financial planning class I need to do a post lunch session. To keep them awake I ask them to do a simple exercise – calculating how much money they require for retirement. Unless they are at least 37-38 years of age, they have no clue as to how much they need for retirement. […]

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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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A few days ago I did a post saying you need Rs. 3 crores (allocated among 3 asset classes equally) – most people reacted saying ‘this is too much’. Let us take an example. If you were to go from your house to office (a journey that you undertake every working day) and you needed […]

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  At what age should one retire? How much money should a person have for retirement? Is retirement an age or a sum of money? Are there any great activities that I love to do which is PULLING me towards retirement or is the calendar PUSHING me towards retirement? These are questions that an individual […]

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1. Why do mutual fund distributors pay Rs.2500 to Amfi for a period of 3 years? What does Amfi do for them? Is it not a body representing the big mutual funds? Assuming that there are 100,000 active distributors (conservative because this includes bank employees too) we are talking of an amount of 2500 * […]

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One young fresh MBA girl walked up to me and said ‘I want to get really rich…if you give me just 1% of your wealth, I will be rich’. I said, I will make you rich and teach you to get really wealthy, WITHOUT giving you anything, but by just teaching you…HOW to get rich. […]

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