When we used tho run a brokerage outfit (a decade and a half ago) we had to do a credit appraisal of all clients – and do it regularly. Our Chairman had a simple yard stick – a guy who came in an Alto would get whatever credit he asked for. However a guy who […]
One of the main reasons why the Goal setting exercise is difficult is that we do not give importance to the thought process of goal setting. Let us look at some questions that we should be really asking: are our goals really OUR goals or goals laid down by society? for e.g. do you really […]
It is common to see people with some reasonable income to be chased by Relationship Managers to buy some product or the other. Most of them have no clue to understand what is being pushed at them….so they say YES!! Here is a checklist of important questions that you should ask before you invest: Do […]
I have been saying that there is a huge young generation which is Young, Fabulous, Broke and if it has some savings it is in PPF, ULIP, LIC, etc. They are in the age group of 29-35 and these peter pans are not growing up at all. Some are evolved, some are not. This series […]
Learning how to invest and how not to invest is a continuous process…so here are some more learning: There is nothing like a continuous out performance: over 4-5 years you may have one or two brilliant years, 2 reasonable years, and one bad year. Over all if the fund manager has beaten the benchmark and […]
It gets me worried that many youngsters are today not investing. Just not investing. A person earning Rs. 12L ctc is doing a Rs. 3000 SIP started when she was 23 years of age. No change in amount or increasing the SIPs. Not only in India, even abroad…here I am quoting an American website: “A […]
I normally do not like to write ‘negative’ articles, so as soon as I write one I thought I should write another one to remove the toxic effect of the previous one!! http://www.subramoney.com/2016/04/portfolio-review-of-a-32-year-old/ So ‘why this couple will not get rich’ had to be followed up with this one..now read on. This is another couple […]