‘I earn Rs. 15L CTC – and clearly I am overpaid. However I am not able to save a rupee – I have no idea where my money goes’ Can you believe this…if you are a middle class Indian? I found it a little amusing…but not difficult to believe. When I spoke to him, I [...]
All the advise that you get must be saying ‘Look you jerk you do not know how to handle your money..give it to a mutual fund, life insurance company, brokerage house…and they will manage it for you’ …correct? Well most of the financial media, the people who write, the people who appear on the [...]
Unless your parents have set the Thames, Ganges, Kosi, Nile on fire, chances are they have not managed their investments well. They may have done well, but it may not have been their strategy – could be luck! So here are somethings that your parents / elders / teachers may tell you…and you should…ignore! [...]
A friend asked me to see value research online – and see the lead story on why you should distrust your adviser. I was amused because ‘How to select a financial adviser’ is a topic with which I have often grappled for and on behalf of many friends. Let us take a typical ‘media’ answer [...]
The greatest wealth in the world has not been created by inheritance – but by investing! It is only this generation that can make this comment. We are lucky to be living in times when we can make this statement. Let us take examples of Warren Buffet, Bill Gates, L N Mittal, Azim Premji, Ambani, [...]
NPS – New pension scheme or National pension scheme….does attract a lot of attention from many investors. However the jury is still out on whether one should invest in it nor not invest. One major (I mean MAJOR) DRAWBACK is you have no clue what will happen once you finish the accumulation stage and go [...]