Due to public demand I launched my Financial Planning service on 1st April, 2011 and the response was just fantastic! The first client was a Vice President of the RÂ Group (he told me that there are 3000 people like him, but I think he was exaggerating). Client: Subra will you do F P for […]
The word SWR or Standard Withdrawal Rates is not an Indian term – at least I have not seen any Indian website or magazine use it…It is a UK or US terminology…let us see what it means.. It is the amount of money that you should be able to withdraw comfortably from your Retirement corpus […]
One good thing about being in the Equities business for long is you meet only those people who have created wealth for themselves! So you do meet people who have personal net-worth ranging from Rs. 2-3 crores to people who are in the Rs. 1000 crore + net-worth. Many of them are now in their […]
Most salesmen are able to sell products at prices they decide because investors do not ask them the right questions. These questions will help you keep pesky guys off: 1. Can I sell it when I want to: I love long term investing, but it also feels good to know that almost 100% of my […]
My heart goes out to people who run television channels, magazines and websites – the constant search for news is not easy. Let us take the RBI rate hike which happened. A 0.25% increase in the Repo rate is actually not such a big news, but if you have to write about, it, well, you […]
http://www.subramoney.com/finance-for-non-finance-people-workshop/ Since the name of the game is transparency …all websites should be made to disclose how the costs add up. For example on mutual fund, banking and life insurance sites there should be a ‘disclosure’ of salaries. I should know that the MD got a salary of Rs. 2 crores + esop +….This will […]
In one of the newspapers Sandeep Shanbag was lamenting about very few Indians paying tax. This is perhaps true from the records. However whenever I eat on the footpath (rarely, but it happens) I speak to the vendors about their income, their savings, and even their investments. One thing that comes out is that the […]