When somebody asks you a question like this, what can you really say? I have seen Suzie Orman say “you have $ 59,000 in a Roth IRA, you have………blah blah….” so go ahead and you will be able to afford it! I would like to take a slightly different route. Let us say the person […]
Is there any similarity between running and investing…well a few for sure. Investing is normally for a long term – as is running. The shorter form is called trading and among runners it is called sprinting. So when a runner says he is a short distance runner – it means he runs 100m (sprint) to […]
Two mutual fund agents had similar stories to tell. Am not sure whether other IFAs too have a similar story to tell, but here it is.. I F A grievances: 1. Clients are short term pleasure seekers: both the IFAs have been in the business for more than 10 years and have upwards of 500 […]
How funny we keep seeing this cycle of ups and downs…In an up we believe there will be no downs…and in a down we believe there will be no up! I thinking cycling and running – two things that I do help you handle such situations well! If it is a route you know (or […]
XBRL filing – is up and running! Iris Business Services Limited was the first company to file it – they filed it at about 2.30am Saturday! Many companies are trying to file – and I believe many are failing. Clearly it is not an easy thing to do. You need a software to do it […]
The problem with personal finance is there is nothing new happening that is worth writing about! If I do not write about an IPO, a NFO, some new insurance plan launched,…or ‘tips’ on what to buy TODAY! ,….or these kind of articles, really there is nothing to write. Also I am an old fashioned guy […]
The Parliament today approved of an authority called FHAB. This authority will have the full authority over the establishment, running, pricing of food joints, junk food manufacturers, how much can be given at one serving, pricing, training, etc. of food and health organisations. Their first action was on the East India Hotels and Indian Hotels […]