Let us see…getting rich is easy is it not?
Get a good degree ——> It will lead to a great job—-> You will earn a lot of money —-> You have got rich.
This is one route. Well there are some issues – every body cannot get a good degree..so the scheme is torpedoed at the very [...]
He who sells more gets more commission. This is always true for any sales program, unless the product is a monopoly product and the manufacturer could not care.
So when a small distributor of mutual fund (or life insurance) compares himself to a big distributor, it is unfair. If a small distributor (let us say he [...]
The mistakes that I made in my equity investing have now been well documented. Now I will tell you some more shares where I did not make ENOUGH money. This is the mistake of spotting the opportunity but not having the brain power to stay through the full journey of wealth creation.
Infosys: My investing guru [...]
http://www.subramoney.com/book-written-by-me/
Star Plus is perhaps the greatest cricket expert who has never played for India. Since they know everything about the game, they should be made the non playing captain of the team. Every ball bowled, every word spoken, every catch taken – and of course dropped, every injury is analysed threadbare.
Conclusion: Indian bowlers bowled badly [...]
http://www.subramoney.com/book-written-by-me/
Here is part 1 of an article I wrote for Money Mantra…
How to select a good mutual fund.
Selecting a mutual fund for investing is a very important step indeed. It is not just important it is crucial. However it is the second step, not the first.
It is surprising at the number of people I meet [...]
On the 1st of Jan 3 wise men came on a television channel and spoke about investing. Obviously they are very wise and they have a role to play when they come on television.
One was the head of a big life insurance company, one was the head of a brokerage firm, and one was the [...]
When the mutual fund industry was groaning about the ban on entry loads, the sounds seemed genuine, but not any longer! Why do companies start a mutual fund (big houses in other financial products) we assume they do this to earn money, correct? Well I am not so sure now.
The latest giga offer I have [...]
Many clients, students and friends call back saying “This xyz person offerred me 36% returns on life insurance policies” is it possible?
My answer has been “The fact that you are asking me shows you do not believe it”. After all you do not call me every day for every thing, do you? – is my [...]
What will the IFA (Independent Financial Adviser) do now that the entry load has been abolished? They will sell life insurance till 2011. Once that also becomes fee based he will not know what to do. Correct? Well yes and no.
IFAs are perhaps the most agile persons in the whole chain of getting the mutual [...]
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 [...]