Continuing my dialogue series…
Journo: Subra do you not think the life insurance guys get pampered?
Subra: Why do you say so?
Journo: 40% of the contribution as a commission is too much, do you not think so?
Subra: What about products with 122% commission?
http://www.subramoney.com/book-written-by-me/
J: Not possible in the financial service industry…..at least not in India
S: In India, in [...]
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 [...]