We are in the cowboy stage of financial advisers. Let us say something like the 1970s of the stock exchange or the 1940s of the banking industry! Let me list a few: 1. If you do not understand equity markets stay away: Correct advise only if you are so damn rich that you are not [...]
Too many people in the media are obsessed about fund management costs. This is not a bad thing – after all this is the ONLY thing to which we retail investors have access, right. Fund managers on the other hand (ok the 3-4 fund managers who I have spoken with and who have over the [...]
Let us start at the beginning….what is Libertarian Paternalism? Well it is a subtle way of making people towards rational choices. For example when a person joins for employment the employment form includes an AUTO sign up for an index fund. Say NPS to the extent of 3% of basic salary. The employer also contributes [...]
Either I am beginning to attract what I like, or the world is also seeking a simpler lifestyle. Not sure which is true does not matter….but yes many people are trying to live a simpler life. One of the important things that the ‘economy’ wants you to do is spend. So time pass for most [...]
dr m kishan on January 31st, 2013 at 8:15 am e Subra Sir, Goal setting is very important aspect of any effort financial planning may being one. But I always have one query. Imagine if all of my goals are somewhere about 20 years down the time, do I still have to allot different financial [...]
Over the course of your investment life, you will receive a lot of help from well meaning people (completely incompetent in investing but some with empirical evidence of luck in investing). Some of it will sound as follows: 1. Invest in Life Insurance policies like ULIP: this advice will come in the second month of [...]