I was recently talking to a group of doctors and some of them were cribbing about how they do not have enough cash flow. For a layman this might come as a shock because they feel overcharged every time they step into a clinic…Here are the reasons some which the docs said, some mine: 1. [...]
Here is what I mean by personal finance blogs: – does not include tips giving blogs (what share to buy, when to buy, etc.) – searched and have found only 4-5 blogs so far – will not cover blogs with basic errors – the effort to enumerate mistakes is too much, so will just say [...]
As a part of the conspiracy of the rich they do not teach finance at the school / college level. – Robert Kiyosaki I do not have enough data to agree or disagree with this statement. However I was quite stunned that none of the professional courses – medical, law or engineering teach even basic [...]
When you grow up in Ghatkopar and live there for 3/4ths of your life, most friends tend to be Jains. So over the next few days a lot of them will call me to say ‘Michhami Dukkadam’. And as is wont, I will repeat it. I am communicating far, far more on my blog than [...]
Too much is made out of entry load, exit load, ulip, cost of fund management etc. Most of the loss (leakage) in personal finance can be attributed to the inefficiency of execution. Even good advice is lost to poor execution! Let me enumerate (Ripley’s should not use it in their Believe it or Not, please) [...]
As a part of my personal financial planning seminars, I come across thousands of customers who are looking for advisors. As a part of my training sessions, I come across millions of agents who are looking for customers. However, for me it is not just picking up a telephone number and passing it on. This [...]