Do people make serious financial mistakes? Difficult question to answer, and it also depends on whom to ask. However the question should be framed slightly differently. “Have you made any serious financial mistake? And if you are saying NO, do you understand what you are saying?’ My interaction with people of various ages shows the […]

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Was talking to a cousin of mine about his investing. He said he had some ‘mutual fund investments’. When I saw it – it was appalling. He is very close but was not too forthcoming about why he had chosen such an array of funds. However he earns very well and spends almost nothing (comparatively) […]

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