Tell me more please!
Got lotsa mail saying…please write every day…feels good no doubt…
Just a thought…may I ask readers to write in their experiences of what they liked and what they learnt?
that will be of great help. This is because when I see something I think it is too simple – so why should I write about it…but then i see people go and lose money in QNet and Amway and such other sucker schemes…then I keep wondering should I write about it.
I have SCREAMED that ULIP is a complicated product and not meant for people who cannot reverse engineer the product. Stay away please.
Knowing what you learnt could be useful….
also please read the old posts….this is now a 5 year old blog and has upwards of 2300 articles…and honestly I have run out of topics – compounding, start early, insurance, mutual funds, retirement, ……………..so it is readers experiences that will be worth sharing.
What say?
Lovely
I got a call on behalf of SBI life today (from 0172-6051113)regarding Shubh nivesh plan,special offer for diwali. he said invest Rs.20000/- per annum for 5 years and i will get Rs. 165000 after 5 years, i.e. a return of 12.5%. on my enquiry he said government give them 17 % return as sbi is govt company ,and they give consumer 12.5%, so its pretty much practical, and not bogus.
Being a reader of subramoney.com for 2 years, i wondered how thats possible, means 12.5% post tax return, when we read about various products beating inflation or not. iam sure the agent would have got some fishes today and booked handsome premuim, as not everyone is financially smart.
My comment may be off-topic , but i just want anybody reading this to stay away from these agents. i don’t know what info he was hiding, or how he was misrepresenting some facts. i think we should have some easy way to complaint against such missellers.
Milind N
OK Subra .So Here it is ….. Beside Start early ,Do Asset Allocation and SIP which we learned here and even outside …what made a great impact on me were your Inputs on How Renting is Better than Owing as far as real estate in Mumbai Goes .In those series of articles you very beautifully expalined how Mumbai rates are more than New York or Tokiyo and How leveraging to buy those properties can create Havoc in middle class persons Humble salary…if 20 to 25 years of earning life is going to go away for paying EMI ,when will we create Retirement corpous ,Education corpous etc .That made me wiser and I decided instead to Invest EMI equivalent amount for my future Goals.Did my asset allocation ,Term Insurance ,Indivisual and Floter Medicals and started giving my money by SIP to Sankar Naren ,Prashant ,Keneth ,Siva etc besides diversifying by using PPF and Gold ETF . Thank you SUBRA !
Kumar
Sir.. I am following ur blog from past 3 years or so and every post is worth reading for me and has something to learn and so pls continue what ur posting and whatever u like posting.
My favorites would be equity lessons how silly and simple they are and even if they are worth repeating.
I heard that no Professional Equity Trader ever made to worlds Top-10 richest persons and in that Top-10 we see only Equity Investors like Warren Buffet and so for layman like us who are trying to get basics of Equity right (at least think so 🙂 ) with help of people like you, what are ur lessons for Trading?
I know no successful Equity Trader usually willing to share his Secrets but still I am asking and request u to post lessons on Equity Trading, Equity Deravatives (Futures & Options) and OfCourse Equity Investing lessons and I am more than willing to pay for it if u ask.
Siddharth
Dear Subra,
You are a good story teller. Linking real life stories to financial know-hows and et al makes me read those lessons and keep them in memory.
How about brining in more international spectrum in your articles, This doesnt have to be constrained to Indian resident investing in India only. multiple combinations.
But please keep posting.
Thank you.
regards.
Vince
Things i’ve learned and liked from the blog
– BE AWARE, the sense to question
– MF SIPs
– real life examples
Would like more of
– how to allocate assets, diversify
– more real life examples
Thanks and keep up the good work!
A
Sir,
I have started reading your blog about 1 year back.
Lesson1 : From one of your article, i understood that more number of shares in portfolio is not good. Also, you mentioned that until 25 lakhs, 6 shares should be more than enough. This makes me think and spend more time in deciding which one to buy.
Lesson2: Spend less in unnecessary things and put in one of several form of investments.
Lesson3: Love family.
a
A
Sir,
Mistake – in the above post please replace shares by companies. 🙂
It changes the meaning..
Ofcouse more shares in a portfolio is best thing!
Updated post:
I have started reading your blog about 1 year back.
Lesson1 : From one of your article, i understood that more number of companies in portfolio is not good. Also, you mentioned that until 25 lakhs, 6 companies should be more than enough. This makes me think and spend more time in deciding which one to buy.
Lesson2: Spend less in unnecessary things and put in one of several form of investments.
Lesson3: Love family.
a
IsItPossible
1st thanks for taking time and effort to share your knowledge, please keep it coming…
My 2 cents:
Not sure if you will have time or willingness to do…
Many good articles on various topics:
1. Insurance
2. Investments
3. Lessons learned
4. list goes on…
But any new reader or an old reader does not have a easy way to go and find these articles apart from doing search….
Why not put all this effort and expand the blog into a website where people can easily find stuff via menus/etc. Now a days many websites are easily created and can be easily maintained for free….
just a thought….
Thanks again for reading our comments 🙂
Abhijit
Here is my learning from this blog:
1. Start early in saving/insting to benefit from compounding effect.
2. Be adequately insured.
3. Don’t run after unbelievably high returns (anything above 12% is suspicious).
4. Direct equity is better than MF.
5. Strict NO to endowment and ULIP plans. Better go for Term insurance.
6. Have financial goals in life.
7. Have a plan to achieve these goals.
8. Equity gives best returns in all asset classes in long run (30-35 years). I am thinking of life time returns.
There are many more….but let other readers share their learning.
BTW, I have started following all of these with your blessings Subra Sir. A tonnnn of Thanks to you.
Amrut
Hi Subra,
Your each post has been learning for me. Many times I go through previous articles just to refresh the knowledge / fundamentals. I have recommended your blog to all of my friends. Please keep your writing going. I have some suggestions on topics which you have touched in very few articles like joint family / joint family expenses / how to teach kids financial lessons
Balaji
Dear Subra Sir,
First of all, thanks a lot for all your articles.
Please keep posting.
I started reading your blog 4 yrs ago.
During this time, I have taken term insurance medical insurance.
Started investing for my child’s education and marriage, also for my retirement.
The following topics could be helpful:
1) Creating a portfolio
2) Portfolio re-balancing
3) When to sell/buy shares
4) Identifying good companies and staying with them
5) About keeping things simple
6) Investment psychology
6) Being happy
Among today’s media, you are a guiding light, Sir.
Wishing you a happy Diwali.God bless!!!
Nishant Sahay
Sharing my financial gyan…
1) Do not overspend – spend wisely
2) Savings should be an integral part of your monthly budget allocation
3) Plan for the future
4) De-risk yourself and your family (read: term insurance)
5) Invest wisely
6) Do not be greedy for over the top returns
7) Always rely on your best judgement. Its your money after all!!!
The list may be too simplistic but that is the gist of my financial knowledge. There is a lot of in-depth work that needs to be done to actually execute your plans and stay happy.
Thanks Subra for your daily dose of wisdom…. 🙂
P
I like your blog mainly because of how you tell stories which you’ve witnessed. We all know that we shouldn’t be in a hurry to take on a housing loan EMI, but when I read the story of the family where wife is advised bed rest during pregnancy, the implications hit home.
tsashok
1. Term insurance
2. Mediclaim
3. Equity INVESTMENTS
4. Bought a Home
parag
Dear Subra,
Been a reader since the past 3 years here is what i did,
1. Cancelled booking in a 2nd home costing 40Lakh in ’11 now costing
70lakh but no rentals available even at 10K per month.
2. Bought and office space for 20lakh as I had accumalated savings.
3. Put 9 lakh in Post office MIS after reading about it here and
reinvesting the monthly income in post office Recurring deposit
all tax free.
4. Put 5 lk recently in IIFCL bonds for 20 years also tax free after
reading about it on subramoney.
5. Bought physical gold to use in furure for daughters marriage.
5. Diligently put maximum amount in PPF in all family members name
every year.
6. All old LIC policies are now paid up and have taken a basic
on line term plan.
7. Have joined a gym and regularly work out 5 days a week.
8. Accumlating good A group scrips as and when funds are available
so that can build a good enough portfolio untill retirement.
All of the above was possible due to the learnings here on subramoney and would like to thank you subra. You truly are my financial guru and hope you continue to enlighten us in future also.
Vijay
Hi Subra,
Your blog is the first thing i read every morning. All the following done today is based on the learnings i had from your blog.
1> Term Insurance
2> Medical Insurance
3> Do what you understand better and have time (MF vs Direct). I made the choice MF instead of investing directly blindly (which i did before).
4> Surrendered LIC Plans
5> PPF
6> Now in the process of studying direct equity investing using some of the principles spread across the articles.
As someone said, if you were look the the number of hits on your homepage on the day you didnt post the blog should give you your regular readers count. Please do continue to share your experiences and wisdom. This is a treasure for all.
Siva
Hi Subra,
Sometime ago I found it difficult to search for how to invest in a mutual fund with less charges. As a long term reader I knew you should have an answer. Yes I was right. You indeed have the answer. But searching it took some time. I couldn’t query this site for answer, I used google with “query words site:subramoney.com”. We can use it any terms in place of “query words”.
The answer I got is fundsindia.com. It is the cheapest of all.
You are always posting top visited blogs, but if you post less visited and more useful(if you feel so), you can publish it or put it for a day you are not writing! As Sachin could not invent shots for every match he played, you can reproduce your best/better/good articles, as these are your own writings!
Excuse me for one thing, I don’t visit your blog often as you send me every blog to my email and my adblockplus blocks ads! No chance to click them! Sorry!( My humble request, wordpress have a lot of themes, you can check it out too if you wish to change theme in near future!
subramanian
Dear subra sir,i read your blogs for the past 2.5 years. it almost changed the i look money , investment, and business.
few articles on the following could could add more value.
1. booking profit – in trade- intraday, euity and in mf– [ at what stage)
2. Financial secrets- spending for knowledge- books, seminar etc
Nikhil
Relating real life situations with articles was good. Even the articles for beginners were good.