At what age should one retire? How much money should a person have for retirement? Is retirement an age or a sum of money? Are there any great activities that I love to do which is PULLING me towards retirement or is the calendar PUSHING me towards retirement? These are questions that an individual […]
Thanks to my degree, having been a member at the exchanges (albeit corporate), and having been in training, I keep meeting CXOs of mutual funds, reporters and journalists, life insurance companies – and a couple of times even banks. Amazing how they can say the same thing… – invest for the long term -‘I am […]
George Orwell. Not a name that many of today’s kids are familiar with. This guy George wrote two books – both became famous. One was a satire on Russia – ‘Animal Farm’. The most famous dialogue in that book was ‘All pigs are equal. Some pigs are more equal than others’. Last week (mid Aug) […]
If you hear words like crashed, crumbled, fallen, broken the precarious levels of 5300, Telecom shares crashed on the arrest of…, Reacted downwards sharply, All indices are in the red, … you can be sure that the market fell by 240 points. Is 240 a big number when the index is 18000? hell, no. However […]
If you pay taxes honestly about 50% of what you earn goes off in various taxes – income, service, securities transaction, etc. Now take away another 28% in housing EMI, then another 7% in building maintenance etc. It means your government, and your house have taken away 85% of what you earn. So the 15% […]
http://www.subramoney.com/book-written-by-me/ The word financial planning has now received a lot of attention. Thus whether it is a brokerage company or a credit card issuing bank everybody uses this word. It will not be surprising to see cell phone operators calling and offering ‘FP” services on the phone soon 🙂 FP is all encompassing and it […]
If you pay taxes honestly about 50% of what you earn goes off in various taxes – income, service, securities transaction, etc. Now take away another 28% in housing EMI, then another 7% in building maintenance etc. It means your government, and your house have taken away 85% of what you earn. So the 15% […]