My Gym trainer is also my client for advisory services and this is the dialogue that we have had: My Gym trainer: I have been coming to you for the past 4 years and I do not feel rich Me: Are you earning as much as you said you are? GT: Yes of course – […]
For a minute forget what the various parts of the financial services industry is telling you. The profitability of this industry seems to be fantastic. Let us take 4 parts of the industry: a. Banking: Over the years the biggest and the richest fortunes have been made by bankers. No doubt about it. Goldman Sachs, […]
One assignment that an MBA class likes (loves) is to do projects. It better be projects which are easy to do of course! One MBA class where I suggested that they go out meet IFAs and a few customers to find out how the investing process works was greeted with shock by everybody including the […]
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 […]
A friend says it would be great if you could choose where to be born and as what. If you were born in 1900 you should have been born in England. If you were to be born in 1950 you should have been born in US. If you were born in 2000 you would be […]
Hare and the Tortoise Retold Here is a story of two different investors – who just happen to be real clients of mine. Since I cannot name them I need to give them pseudonyms. One investor is Mr. Kachua. As this is a derived name, you can guess his basic nature – he is cool […]
This article appeared in the inaugural issue of Money Mantra a new Personal Finance Magazine from New Delhi…1st Nov. 2009. Have not reproduced the table in excel. FMCG is suddenly the favorite amongst everybody! Why is this so? Well any fund which clocks 67% return in one year is bound to suddenly attract interest, is […]