I happened to meet a lady who is an IFA. She has been selling LIC policies for the past 10+ years and has also added mutual funds, government schemes, general insurance, to her portfolio. She lives in a society that has about 130 houses and many of them are her customers. She does not […]

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Let me start by saying this again “Short Term Thinking Hurts” and hurts bad. Let us take some examples: There is a wedding where food is served. Of course there are sweets, and very attractive food – well laid out, smelling good, looking good…and of course there is a huge salad table also. There is […]

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I was talking about frugality to a guy whose knowledge of English does not include this word. Here he was all 29 years of age, not a penny saved, married to a woman who was spending most of her income. Earnings of this couple was in the region of Rs. 20 lakhs per annum and […]

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Subra one does not know whether I will pop off at 45 or like A K Hangal at the age of 98. So in order to live peacefully, I need to create a serious amount of income and wealth. – So said a reader who is about 40 years of age. He also said ‘the […]

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  When I say parents put kids in EMI traps, I mean the guys (like me) born in the 1950s, 60s whose children have started earning….and sadly turn to their parents for advise. Well it happens like this… A guy born in the late ’70s or early ’80s starts earning. He first goes and buys […]

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I meet people in the ‘well-off’ cadre. I mean people earning not less than Rs. 3L per month cannot be called ‘not doing well’ correct? Some of the things that I tell them, is impossible to believe. Not sure HOW many of you will even believe this (Subra do not think you know everything and […]

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It is amazing how people will not do simple things to make money! Start early, index your investments, do not interrupt the compounding process…..but will continue to do stupid things. In 1600 it was tulips, in 2012 it was Social Media! The fall in market capitalization of Groupon is about US $ 20 billion, and […]

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