There are no hard and fast rules in the world. None. Sachin Tendulkar did not copy Vivian Richards. Nor did he copy Don Bradman. So there are no ‘success rules’ that work for everybody. Start early – is a good rule, but Kentucky Fried Chicken was started by a man in his 60s, right? what […]
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 […]
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 […]
Thanks to a book on retirement and many sundry articles on retirement planning….and people realizing (perhaps) my limited ability to talk on other topics….we do end up talking a lot about retirement. This is how they react…I have a little conveniently summarised them as follows: people in the 20s – ‘what are you talking about?’ […]
If you are old enough to remember what is LBO it means you were born in the 1950s or 60s! LBO is a short form of Leveraged By Out. Here a set of employees would get together and decide to buy out the shareholders. Then they would take the company public and make their $ […]