this article appeared somewhere…
Don’t take this risk with insurance
Insurance is a risk cover – don’t risk the nomination part. Most people name their beneficiaries when they buy the policy, and then never give the subject another thought. That could be a mistake. Good consultants recommend that you take the time to review your policies’ beneficiary [...]
Nobody believes that tech stocks can do well in 2010, correct? This comes from 2 fears – US recovery will not be too great and that the dollar may weaken.
Let us look at the dollar – it looks like the dotcom boom – when we were all sure that the tech stocks can only go [...]
Famous words of Mr. R Subramaniam (Subhiksha, Subiksha fame)
The problem is that Indian retail was doing too much, too soon. The kind of investments and expansion that Indian retail was attempting was unprecedented. We ourselves added 1,500-plus stores in under 24 months — even for a small store format, this would surely be a global [...]
If you have wondered how the ultra-rich manage their money, welcome to the world of Family offices!
Family offices are private advisory firms that serve ultra-rich clients. When a client has a large amount of money to be managed and needs a full fledged infrastructure to do that – a banker, a Chartered Accountant to look [...]
As a business if PMS has to sound reasonably profitable the minimum size of the portfolio should be at least Rs. 10 Million (Rupees one crore). Why am I saying this?
Well if I have to meet a client 2-3 times a year, take his phone calls 12 times a year and get my staff to [...]
Ok the jury is still out on this. Once the Pound was the main currency of world trade, then it slipped. It took a couple of world wars, a depression, huge geo-political changes – big parts of the world shifted out of the Pound’s control…and the dollar became the King.
However it was not easy for [...]
A few days back there was a post saying why you should buy gold. Of course there could be enough reasons to sell gold. I could not think of many more reasons, here are a few:
1. It is a contrarian call – when every body is buying, maybe selling makes sense (oops you could have [...]
Are you in Denial mode regarding your retirement financial needs?
I cannot comment for every one, but too many people I meet are in denial about their financial needs for retirement. Most of us do not want to accept that we will buy 3-4 washing machines, air conditioners, refrigerators, maybe about 2-5 cars, at least one [...]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth [...]
Well frankly I do not know whether it is a good time to invest in gold or a great time to get out of gold. But let us look at the obvious reasons to buy or sell.
Obvious reasons to buy:
1. The world is busy printing money so value of currencies will fall but gold will [...]