There are some basic rules for investors and more importantly for Retirees: 1. What you do not understand, is not worth knowing: If a financial planner tells you ‘Sir, you do not understand this, I will explain it to you’ – please be IMPOLITE and ask him to …….. (unprintable!). NOBODY (repeat NOBODY) is interested [...]
Normally there are a few times when people are serious about their goals: When they are trying to lose weight (I am talking about the serious guys n gals) When they are trying to write an exam (you know a 6 month effort can impact your NEXT 60 years!) When they are trying to meet [...]
The amount of borrowing that the ‘West’ – including US and Europe have as of today is scary! The US and Japan will need about 5 and 3 trillion respectively in the next year (2012) – to remain where they are. Funny that the same countries who were telling the EAST -( in 1997) are [...]
It is always easy to predict – especially if you have nothing at stake! The world is today very worried about the Euro problem – because it is much bigger than the US problem. In fact the situation is so bad, that US has even decided to teach Europe about coping with the crisis…LOL. [...]
Money is a Coward. When it is scared it Runs away from the place of Crisis. – Ayn Rand in one of her books where she says Money is ONLY for people who respect Freedom and Democracy. It is happening in Europe. Money will run out of Europe. Either from the main door (long lines, [...]
No, nobody likes to talk about death. But people have to die, do they not? Even Devanand had to die! http://www.subramoney.com/2010/06/if-you-died-tonight-what-will-your-family-do A long time ago I wrote a piece ‘If you were to die tonight what would your family do?’- here is the link http://www.rediff.com/money/2006/may/10perfin.htm My question to all readers is to take some time [...]