My talk in a doctor’s Investment Program – we call it “Wealth Prescription for Doctors“ is more on risk reduction. Obviously the ONLY products that I recommend are: 

one savings account – maybe 2

term insurance (when you increase your liability, you increase your term insurance)

credit cards – one or 2

Index funds

making a will.

When I talk about Index funds, I am often asked:

• does Real Estate not give far higher returns?
• my father bought real estate….now it is worth…!!
• all fund houses have funds that out perform index funds
• is Hdfc Top 200 (Franklin Bluechip, Birla….Reliance….) is that NOT  an index fund?
• but we were told to invest in an equity fund is an equity fund not an index fund?
• are all equity funds index funds?
• my banker (broker) tells me timing the market gets far better returns do you agree?
• I do FnO and did Rs. 794 crores turnover last year
• I bought shares..and they have done very well
• I have a practice of about X should I construct a hospital
• I trade in shares and have made good money
• I have lost money in FnO and now stay away from the markets

Well here are my responses –

• I am here to teach basic alphabets, those who can write poetry will find it boring
• Alphabets, words, sentences, prose and then poetry is the order of learning
• what i teach is not as important as what you learn and IMPLEMENT after the class
• the last 4 slides are the summary that you should take home from this session