Many people like the words like wealth creation, equity, SIP, etc. It does not mean that they understand the whole process is not so difficult. NEITHER is it so easy. Let us see some important things that they miss: 1. Breaking/ Stopping a SIP: one of the kids in the office went to the mutual […]
There are many roadblocks to being rich. Being in debt and not having the guts to invest are surely some of the top reasons…let me enumerate the top reasons as per my perception. This is the result of reading and many interactions…so here it goes… 1. You are inundated with debt: You feel like you […]
If you are a middle class male/ female there are not too many options available to get rich…but for a second let us see what Ken Fisher has to say! Ken Fisher (very famous fund manager and son of the legendary Phil Fisher) says that there are 10 roads to wealthy, I think there is […]
This is not a typical ‘event’! It is a series of complex steps and starts almost at birth. From birth a kid sees money, plays with it, counts, realizes the power it has. My daughter once told me ‘I want notes, coins do not buy anything’ – just an observation I guess! So right from […]
It might be easier to get a father to talk about sex with his daughter than talk money! If you thought that Sex was the only topic that Indian families did not talk at the dining table, think again. I guess it is money. Why do people not talk money? They are either too shy […]
So it is appraisal time in many companies, right? Well for a company with Quarterly feedback system, anytime is appraisal time! Well what do people expect in an appraisal? Boss says …blah blah blah….so you get a 11% increment (varies 5% to 18%) with some occasional 30% one time corrections thrown in… Hmm..just heard of […]
When an average Indian is told he needs life insurance, he understands it as he needs to go to LIC. Not bad considering that over the past 50+ years LIC has done a good job of paying claims and looking after people’s money. Now hold on, managing people’s money? Well the word managing is too […]