Your feedback please?
Hi
Just trying to see how useful this blog has been in general….
will you please 3 questions?
a) what is the best investment / saving advice that you have received EVER?
b) what is the best investment / saving advice that you have received FROM THIS BLOG?
c) Other than ‘best stocks to buy’ what else do you want to see on this BLOG?
thanks.
Jagbir
Answers:
a) Equity can make you wealthy over longer term.
b) Confirmation that equity can make you wealthy over longer term provided you have stomach to choose wise, sit tight and see your money reaping benefits of compounding; read good books/subramoney and avoid noise.
c) posts on behavioural science, equity analysis for beginners, how to detect frauds/clever accounting practices, how to keep yourself healthy and avoid ‘medicines’ etc. etc. and etc. (PS: no harm in posting short term trading bets along with a BIG disclaimer 😉
ANMOL
The investment advice regarding the needs for an early planning in a person’s life , staying away from ULIPs , the advice of buying at least one pure term plan , that of staying away from credit cards , importance of starting a MF SIP , a bit of gyan regarding the Debt Funds , advice in general about spending habits , advice on how to buy a new car (that was really enlightening), & recently – the IPO advice……are some of the best I have come across .
apart from this , I would like you to focus more on some general spending & budgeting advice for an individual & advice on lifestyle habits that can make his / her life much more financially free of trouble. In short , the ‘Personal’ based aspect of financial planning of any individual.
Thanks
Viren
The best advice that I got from this blog was if you have basic products with you (like term plan, few MFs, few stocks, may be index fund, health insurance) then better say no to most of the new products….question, question, question the seller till you get answers….
I saved myself with this advice from ICICI pinnacle
Atul
1. Invest in companies with reasonable valuations, with growth industry and trust worthy management.. some how novice like me is unable to find companies at reasonable valuations with trust worthy management..
2. Equity can make money for only 0.5% of lucky investors. Rest 99.5% will always end up loosing money.
3. How to trust management of companies when corporate governance is only on papers in India high flying names like Satyam, FT, Gitanjali gems do down over night.. don’t know whom to trust large cap/small cap.. New promoters/old promoters
aditya modi
Subra sir,
Your blog is a crash course on commonsense-captures maslows hierarchy for anyone with an open mind..
Here are my answers:
a) go for DULL, BORING companies for investment (outside index), to create an early yet lovely retirement
b) Learnt to say NO, nyet, nahi chahiye!!! most of the times
c) How to stay healthy in body and mind.. what to avoid.. what to follow?
With sincere gratitude,
aditya modi
Sudhindra
I follow your blog to browse through the links that you post everyday, not so much for the investment advise.
Khushnood Viccaji
(a) Invest in equities for the ‘long-term’, and stay invested.
This can be till you don’t need the money, or the scrip is over-priced (which is subjective, but…)
(b) Say NO to your personal banker.
(c) Real life financial planning (or lack of it) situations, and how they can be worked around for the better.
(c)-1 How do I subscribe to the comments on a post (via email or RSS) where I don’t have anything to say, but would like to follow what other readers have to say (without having to visit each such post separately).
Sivakumar Vaithiyam
Dear Subra,
PFB my answers:
a) what is the best investment / saving advice that you have received EVER?
REAL ESTATE. Every one agrees as I too because it is a ‘real’ investment which can be seen, touched, modified and most importantly live.
b) what is the best investment / saving advice that you have received FROM THIS BLOG?
Equities. And after people like you started telling confirmly with facts, I too started investing in Stocks since the last one year. I am upset that I got this knowledge very late as I am already 45 yrs old.
c) Other than ‘best stocks to buy’ what else do you want to see on this BLOG?
Advice .. Advice .. a lot of advice on investments and some tutorial kind of info that can be easily related to our real life today. And also how people are stupid investors and you are educating to learn from their stupidness .. I like such those ‘Negative News’ as I can correct from their mistakes.
Continue your great finance service .. God bless you Shri.Subramaniam.
(FYI .. Your book ‘Invest Rs.40’ is the first finance book I ever bought about 2 years back .. )
LuckyOye
Subramoney has been undeniably useful in educating me, especially on avoiding the all too common pitfalls of personal finance. It has been especially useful to me to atleast move my money out of savings accounts and into short term/liquid funds to be invested >1yr.
It has been useful for me to understand what is the impact of expense ratios of mutual funds and why 5 star ratings of funds is essentially useless.
What I would like to see more of on this blog/website:
1. Basis of inflation. Why do we have only inflation year on year and never deflation?
2. Government finance/balance sheet. Why does GoI always take loans every year and its loan outstanding always goes up, never down.
3. GDP and growth. How sustainable is GDP growth over really long terms, say 8% growth over next 20, 50, 100 years. If it is not sustainable, are we kidding ourselves that such a thing will continue far into the future?
4. Demographic “Dividend” of India vs Demographic Nightmare, what’s really looming over the next 10/20 years
5. On equity investing, I would like to see more of how/why we should diversify. How much diversification is sufficient and when would I become “overdiversified” in stocks, given that I have a limited corpus to invest in equities.
6. On insurance, if I take excellent care of my health, how good/useful are Pure accident insurance plans as income insurance on my life.
Thanks & Regards
~Lucky
Ramesh
This one: http://www.subramoney.com/2010/12/you-need-focus-and-confidence/
dilip
a) SIP
b) same as above, also clarity about life insurance ( i have stopped renewing my wifes LIC once she quit her job 🙂 )
c) overall the thought flow and the conviction and wisdom you have is very good and in some way infectious. i would like you to be yourself 🙂 even if it polarizes
sara
a) Investing in Mutual funds via SIP
b) where not to spend (cars, costly gadgets, etc.,), importance of saving early for retirement
c) you have been doing a great job Subra, few others i would expect from your blog:profit booking strategies, asset allocation strategies, weight management tips, etc.,
Naveen Thota
a) what is the best investment / saving advice that you have received EVER? b) what is the best investment / saving advice that you have received FROM THIS BLOG? c) Other than ‘best stocks to buy’ what else do you want to see on this BLOG? – See more at: http://www.subramoney.com/2014/02/your-feedback-please/#sthash.ohZmYaAG.dpuf
Praj
a) The best investment advice that equities beat all asset classes over a long period of time. Always look at the fine print while buying an investment and look for vested interests of the seller.
b) Always look at the fine print while buying an investment and look for vested interests of the seller. Also, that one need not be shy in saying NO to their friendly LIC uncle or banker.
c) Would love to see some posts on ‘How to read the annual reports, balance sheets, etc.’ especially for the benefit of people from non-commerce background. Also, would love to see some things that you look for before buying a company from a sector specific point of view without going into a specific stock. For eg: Say if one wants to buy a share from FMCG sector, then what are the sector specific pointers that one should look at in terms of the various companies listed in that sector.
Regards,
Praj
Naveen Thota
Dear Subra,
The answers are as follows
a) what is the best investment / saving advice that you have received EVER?
b) what is the best investment / saving advice that you have received FROM THIS BLOG?
Ans- I would say this blog has been an eye opener for me in all aspects of financial/investment advice. It provided me an end to end perspective of how to manage money, debt etc. I had infact commited every financial sin you have mentioned in many of your blog posts. I have also learnt the cost of inaction in money matters. Right now I would say I’m doing very good on my path to wealth creation, all thanks to your advice.I also keep on spreading your blog to many of my friends.
c) Other than ‘best stocks to buy’ what else do you want to see on this BLOG? –
I would like to see how to go about investing in direct equities, what parameters to consider for evaluating a company. Asset allocation is another topic most financial blogs talk about, however no one talks about the specifics of asset allocation.
Another topic is profit booking/ partial profit booking – when to go about it.
Thanks in advance 🙂
Naveen
IntelliJ-Fan
Cannot really pin-point 1 single best “advice” – it is a “thali” :).
Why do I come to this blog :
1. start early, save/invest as much as you can – confirmation/assurance that MF SIPs works
2. anectodes/comments
3. steps towards simple investing principles – and simple living tips.
4. banker/lic/endowment policy/ulip bashing.
No – I do not come for best stocks to buy.
Sanju
a) Invested in real estate in 3 instances (2001, 2004 and 2006)when prices were reasonable.
b) Awareness of Real Estate bubble in Mumbai. Now retaining only the property where I reside. Went for less preferred option of Capital Gain Bonds.
c) When bulk money comes in, how best to handle it. Have no loans to repay.
IsItPossible
Subra: Thanks for taking time to write a blog and provide informative articles along with your personal stories.
c) Please please please, DO NOT write “I don’t know” “I don’t care” “I have no clue” etc. It would be lot beneficial if you can elaborate on techniques, procedures, process, efforts, pathway an average joe can take to secure their financial future, etc. Since the blog primarily talks about financial stuff, it would be nice to hear how you invested in insurance, stocks, funds, etc. What was your process of identification and rationale. How one can tackle financial draw downs, etc.
It may not be fair to expect a lot from an experienced person like you but again we are average people and “dil mange more” 🙂
Once again, thanks for your time and for reading our comments.
Raj
a) Impact of Inflation on our savings
b) Trust, but verify. Difference between Salesperson & IFA
c) I would like to learn how to fish rather than getting fish from you. I would like to learn how to analyse a company, arriving on valuation and find the best stocks myself. You may give names of interesting companies and ask us to analyse.