When appearing on television or when at a party where you do not want to be impolite what is the best advice to give? Let me first define best advice: if you hear it in 2000, 2010 or 2020 it should sound correct the regulator should not find it offensive it should not talk about […]
If you are a businessman and you get a big income tax refund, it is time you changed your CA. An advance tax is something that you pay based on an estimate. Thus if your CA (or you) over estimated your income and because of that you are getting a refund, well, improve your ability […]
lies, lies and statistics… As a rule, I do not watch television, but last week i watched the first 5-7 minutes of Satyameva Jayate – Aamir Khan’s new serial on Hero vs. Villain. When I say Hero vs Villain I mean AK’s one sided show which has a HERO (AK) (whom you HAVE to support […]
The simple art of writing an astrology column or appearing on television is to write in a way that you say nothing. Let us take some typical lines (in astrology): -those who are single will find somebody attractive to spend your life with. – business travel could be difficult, take care of your health. – […]
A few days ago I did a sarcastic article on ‘how real estate prices cannot fall at all’….now I am contradicting myself! Two different stories about real estate deals: One person bought in a upcoming luxury project in year a 4bhk house for Rs. 112 Lakhs in dec 2006. In 4 years time, a self […]
There is a big problem all distributors face. When the product becomes good and has a successful track record, the distribution margins reduce. So it is a catch 22 situation. You work hard, collect money for a fund house, they employ a good fund manager who delivers good results…so the scheme does well. Then […]
On 9th April at 3.30 pm and on 10th April at 4.30pm Cnbc will telecast a program co-produced with NSE. This is a program on basic investing and I said the same simple things…start investing, compounding will work, gold is a commodity which has done well, real estate is a saving asset…and also answered some […]