There are many people who ask me “is this a good time to be investing”. I counter this by saying “Anytime is a good time to start a SIP”. Let us see what happens to people who want to pick up stocks / shares and keep it for a long time. Should long term investors […]
My orientation is to try to write LARGELY on wealth. I suddenly realized that to get wealthy you need seed capital (!!). For the real young ones who have JUST started earning (aged 22-25) they need to know about: funding buying an asset, credit cards, credit score, some career moves, educational loans, ….the real basics. […]
what is the Indian Institute of Ponytail Management worried about? it is worried about people knowing that it is NOT recognised. Is it really a problem? No. As long as parents BUY seats such institutes will survive. Sorry make it thrive. One Armstrong (translate to Hindi) runs an institute in a prime suburb of Mumbai…but […]
Ok if you are reading this, it means you are young! Not sure how young, but let me assume that you are really young. It means you are still wondering who will pay for your higher education. You have just graduated and are wondering whether your parents can / should pay for your higher education. […]
When a 25 year old earns Rs. 500,000 gross, and has read ‘Retire Rich Invest Rs. 40 a day’ you think there is some chance that she will save for retirement. Or at least save something, for some event, right? Wrong. ‘Subra Retirement is for my Dad, I need to live it up’. Here is […]
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 […]
Most parents I know support their children through college. Fair enough. Then they pay for the ‘higher education’ – this means an MBA. Not fair, but very unIndian to say ‘go get a loan’. So it is all right. Then they support them in the ‘early’ part of their lives with a car, a down […]