You think I understand risk?

Well frankly I think I do.

Can I reduce risk in your portfolio?

Maybe I can reduce risk in your portfolio. Maybe – is the operative word.

Do I see people taking amazingly stupid risk?

Maybe yes. In fact Yes. I see people living beyond their means very often.

What do you mean?

Well  I hear about people with CTC of Rs. 80L who have maxed out 2 cards with a Rs. 30L limit each being maxxed out. Yes, all the figures are right. Yes 30L*2 cards exhausted by a man with a CTC of Rs. 40L.

I see people drinking with their bosses. This is one of the stupidest risks that you can take.

I see boys and girls “enjoy” physical relationships and saying “nobody will find out”. Another amazingly stupid risk.

Do I advise people and say “what you are doing is wrong, stupid…..”etc?

No.

Why no?

Because a doctor or a dietitian who sees me eat carbs and sugar is surely thinking “this idiot is so fat, he has a big paunch…claims to know everything under the sun…but look at the amount of sweets and carbs that he is eating”.

FAIR ENOUGH. I know :

a) I am over-weight

b) I know the ill effects of sugar – not just white one even gur, honey, etc.

c) I know I need to cut down my weight by at least 10 kg as soon as I come back from Goa.

d) I know that carbs are also bad for my health.

e) I know that if I can shed 12 kg…..I can do a sub2 half marathon..

I still continue to EAT sugar, exercise less, eat carbs, …..

I have absolutely no clue why I should advice people on basic finance, if I can’ t take care of basic food.

No More gyaan…