Many people keep wondering why the ‘poor’ retail investor does not come to the equity markets. Well there are many reasons, but here are some of the reasons that I have heard. Some from people with over Rs. 150 crores networth and some from people who think equity markets are gambling dens. 1. Poor corporate […]
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, […]
Do you lend money to friends? How do you react when a friend asks for money? Thanks to banks giving loans literally for everything – personal loans, car loans, home loans, these days the number of people asking for loans has gone down. However at one strata of society it is possible that people come […]
There are so many listed banks that it is not funny. Sadly most of them have the same (not even similar, same!) business model. Open more branches, appoint relationship managers, do third party sales – mutual funds, life insurance, real estate,…etc. Hopefully the interest rate spreads will make some money, the 3rd party products […]
In the pre Sebi and pre NSE days, the BSE (actually it used to be called The Stock Exchange, Mumbai) used to do its settlement once in 15 days. Then it came down to once a week… This meant a lot of weak players would do transactions for a much longer period than what they […]
Two hobbies of mine are running (long distance like the 10k and the half marathon) and cycling. Now long distance running and cycling are both endurance testing rather than speed and strength testing. However, I need to increase my speed – so that I can finish in decent time if I enter a competitive race. […]
Due to public demand I launched my Financial Planning service on 1st April, 2011 and the response was just fantastic! The first client was a Vice President of the R Group (he told me that there are 3000 people like him, but I think he was exaggerating). Client: Subra will you do F P for […]