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.
Kumar
There are quite a few who can sincerely advise on what (not) to do with our money and previous comments on this blog add to this point however below is difficult to get and appreciate if you can address below and more than willing to pay a premium for a book from you that explains below:
a. how to trade stocks
b. how to invest in stocks for long term
c. your own 20+ years w.r.t above points a and b
d. practical advise on leverage liquid funds, FMP etc. over Savings account and Fixed Deposit accounts etc.
e. anything else you believe that it is difficult to find on another blog, book or INTERNET 🙂
Selvan
My simple feedback on the points
1. Small Droplets of Water is what makes Pond/Lake (Siru Thuli Peruvellam – In Tamil) – Simple Proverb on Savings
2. Compounding with simple increments of SIP for Long Period in Equity oriented investment.
3. How to avoid asking what is there in life or why can’t we do it now than looking for retirement. Basically on Human Behavior on how not to get into trap of consumer spending alone with examples.
Krish
1. Keep it simple, generate savings and invest in products that you understand without thinking about returns, inflation and so on.
2. To live life within one’s means, Budgeting, Retirement planning etc..
3. Success stories of investing, financial frauds and alerts about new bad financial products.
vincent
1) Invest in equities and let the power of compounding do the rest.
2) It is not only the rate of return but, the capital should be large enough to make a meaningful impact on the networth. Standard deviation, geometric mean and innumeracy these concepts were only concepts until it was reinforced by this blog. Took up running and completed my first full marathon inspired by you.
3) How to impart these lessons (compounding, taking care of health) to my children. How much to leave as inheritance such that they do not become lazy.
Viswa
1) Best investment is equities for long term.
2) Start early to reap the power of compounding. Keep investment simple and invest only if you understand the product and you can explain it to your near and dear. Say NO to complex products and people. Invest not only for wealth but also for health.
3) Real life retirement stories. How to protect our wealth from anything like scam, products, illness etc…
Babu
1.Act Now
2.Make compounding your friend
3.Your timely advises
volca
My take as follows…
(a) Equity for L.O.N.G term wealth creation and to beat inflation
(b) i. Borrowing is negative compounding. AVOID it.
ii. Banks, bankers, LIC are not helping me towards my saving, wealth creation goals MOST of the times
volca
My take as follows…
(a) Equity for L.O.N.G term wealth creation and to beat inflation
(b) i. Borrowing is negative compounding and AVOID it..i think now the thought is etched in my memory forever. thanks to you.
ii. Banks, bankers, LIC are not helping me towards my saving,
wealth creation goals MOST of the times
(c) Perspective on (1) not getting into giving loan to near circles (2) Dig deeper into the retirement planning, equity selection approach and behaviors related to them
You cover many aspects of the personal finance and in a totally different style wrt content and the way it is delivered, which makes this site stand apart from the rest.
Thanks.
P
a) what is the best investment / saving advice that you have received EVER?
Ans: Someone told me that he received this advice from his elder brother when he first started earning: “Even a 14 year old boy can earn. Let’s see how much you save. THAT is the difficult part.”
b) what is the best investment / saving advice that you have received FROM THIS BLOG?
Ans: Most of Indians invest in too much gold and/or real estate. This blog taught me to keep balance in my asset allocation.
c) Other than ‘best stocks to buy’ what else do you want to see on this BLOG?
Ans: Does SIP in index investing outperform actively managed funds in India like it does in US? Looks like the fees of Indian index funds are too high.
BRS
I would like to see some information about home loans.
Consider each stage of the loan: approval/disbursement/repayment/closure.
For each stage:
1. what are the duties of the bank ?
2. what are the rights of the customer ?
3. common problems and solutions, from customer perspective.
4. For example, if bank is unable to trace original documents at the time of loan closure, what is duty of bank?
Jitu
Subra,
Ans 1> Saving vs Investing
Ans 2> Say “NO”
easy to guess that these two have come out of your blog posts
Ans 3> Can we work towards explaining finance jargaons in simple words (I really loved your post on PE). Am sure there will be few people (including myself) to work with you or do research for you in background for these types of posts which will help a comman man who does not know about his finances only because of the BIG Words used 🙂
Dhivya
a) Taking term insurance
b) SIP,MFs, Say NO to ULIP,Saving Vs Investing
c)financial jargons simplified like what does a MF do in reality, good fund managers owned MFs, how to identify financial products based on need
anon
1) Automate your savings
2) I have only recently found your blog. So I don’t have anything specific right now
3> What I’d really like to see is “early retirement/financial independence” content with India context. In other words Indian versions of ERE and MMM. I do realize that this blog may not be the right candidate for such content, but if you know of any such content, please do share!
Mira D
Subrabhai, I’m a frugality-equities ingrained person since forever, so those kinds of articles reinforce and sometimes if there are stories, amuse.
Debt related articles would help, it seems I have no understanding at all.
And thank you for a quality blog, despite time constraints.
raju
a)Disciplined and systematic investment
b)MFs are easy way to invest in equity with less fuss for wealth creation
c)Investment & philosophy for Indian mindset/markets
Abhijit
a) what is the best investment / saving advice that you have received EVER?
–> Start now. Compounding works great if you start early. Consider your salary is reduced by employer (if you are not saving currently for numerous excuses) and start saving that amount.
b) what is the best investment / saving advice that you have received FROM THIS BLOG?
–> See answer to a)
c) Other than ‘best stocks to buy’ what else do you want to see on this BLOG?
–> How to research equity? How to know if current price of stock is cheap/reasonable/overvalued? (This is in general and not for any specific stock. Don’t want stock recommendation but guidance to research stock).
Vaibhav
Here’s the short and sweet summary:
1) Equities for long term (over 10 years) via SIP
2) ULIPs are bad
3) Don’t buy what you don’t understand
C.J.Gopinath
Dear Sir,
Here is my learnings
1. Understand the difference between savings & investing.
2. Don’t mix insurance with investment
3. Understand the risk/return tradeoff in various asset classes
They are much more
Ash
a & b) Keep it simple but start now!
c) I don’t find myself visiting this blog as much frequently as I used to a year back or so.