Inheritance: how do I deal with it?

  Today there are people who live up to the age of 95 as well as those who die at 59. Some of them have very smartly multiplied their money and some live on a hand to mouth basis. Depending on what your parents have done, and what you have done with your own life, […]

Give Money to your adult kids?

This is a touchy topic! Should parents give money to adult kids? Let us say for the following: Buying a car Buying a house Higher education Marriage For an expensive vacation (expensive because the kid cannot afford it) I do have strong views on this. Everybody should learn to live within their means. If you […]

My investing mistakes…continued

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 […]

Retirement or Children’s Education?

Some questions plaguing parents about money have been the following: 1. Should I delay my saving/ investing for retirement BECAUSE I am saving for my children’s education ? 2. Should I dip into my Retirement kitty to pay for my children’s education ? Sadly in the Indian context education is just a broad word I […]

Are you better off than 5 years ago?

Well, if you were in the US and I were a Pres candidate…i would have been forced to ask you this question. Well politics aside, this is a question that you should keep asking yourself EVERY year. In case of your personal life, hobbies, work, relationships, etc. you need to frame your own questions.I do […]

Want to be happy?

This is not a financial post, just a happiness post. If you assume happiness has a lot of financial implications, you are right. If you are happy, you will be rich. Read it again. If you are happy, YOU will be rich – the reverse is not true always!! So to be happy you need […]

Payoff Mortgage or Invest….continued

Let us take a real life case and see what is to be done when you have a lump-sum amount. Should you repay the loan amount or should you Invest that money? The sad part is YOU need to take a decision TODAY and you will be judged (you may be the judge) after 5, […]