For many generations we have believed what we own (i.e. items on which we are allowed to put our names) are our assets, and monies that we owe are our liabilities. It took Robert Kiyosaki to tell us that assets that put money in our bank are our real assets – equity shares, rental property, [...]
It is customary for people to give sane advice- if you have a kid, the kid should have a PPF account. This advice makes very little sense. First of all most of the people I meet today invest far, far more in a year than the max possible amount of Rs. 70,000 in a PPF [...]
Mutual fund loads abolished – let us look at how each constituent is likely to react:
Investor: He is supposed to be the biggest beneficiary. Most of them will not know about it. A few handful of people (who had the option even earlier) can go direct. However to the best of my knowledge the reluctance [...]
Normally the Avenues for Retirement Planning for the Indian population would be the following:
PPF , PF, EPFO , Mutual Fund Pension Schemes, Retirement Planning products from Insurance Companies, bank fixed deposits and post office schemes. A very small part of the population created its own customized Individual Products. This could be a couple of extra [...]
I was aghast when Capt. Ajoy Athalye walked into my office with his wife Sunita announcing that he wants to buy a Rs. 50 lakh commercial space in a suburb of Delhi.
Aghast because he had come to me a week earlier to share his portfolio and seek remedies to that. He and Sunita were employees [...]
When it’s time for you to retire, will you be able to afford it?
Every person you see working beyond the age of 59 is worried about his or her retirement. Almost all the research conducted on the subject over the last few years shows that most individuals are unable to demonstrate financial readiness for their [...]
Retirement is like old age. And it creeps on you – one day at a time! Here, we bust some common myths relating to retirement.
Myth 1 I will never retire.
Yes, you will. Everybody has to. You may want to work till you drop dead, but what if you really cannot get a job after 55? [...]
How safe are government securities? Is this a question bothering you? Welcome. Many people have asked
me this question, and I have struggled to explain the answer.
Central Government securities are 100% safe. These are what are called ‘Soverign Paper’ and is guaranteed
by Pratibha Patil – the Government of India! Interest rate payments, principal, payments on the [...]
This article appeared in moneycontrol.com long back (cicrca 2006)…but it is still relevant, so here it is….
Immaterial of whether you are in your 20’s or in your 50’s and you are looking at an investment you should know some of the basics of investing, so here it is.
By and large at some stage you must [...]
This article first appeared on the utvi.com web site – written by the famous anchor, Mr. Vikram Oza. It kind of explains the relationship between risk and return.
The stock markets are risky business. At least that’s the line most people who didn’t park their money in Dalal Street have maintained. But on the flip [...]