Here is a completely different perspective on real estate costs!! For a typical middle class person – say earning Rs. 6 lakhs at age 43..obviously houses look damn expensive in Mumbai. However when you look at the salaries in the BFSI space – banks, mutual funds, life and gen insurance companies, brokerage….it is common […]

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Not sure whether all the readers know / understand / appreciate in writing a book or a blog. So I thought I should share some thoughts at least: 1. No clue about the audience: I have NO clue at all about who reads my blog. Even if I know some names, I have no clue […]

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Attended a gyan session by a fund manager who said why we should be buying equities NOW. Of course I have never heard any fund manager say ‘do not invest now, markets are overheated and over priced’. Never. NOR do I hope to. After all in an aum based rewarding system even vegetarian fund managers […]

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On Monday 2nd July there will be a meeting at the North Block, Finance Ministry 10 Ceos of Asset Management Companies, their club Amfi’s top brass, Sebi chief, will meet the powers that be in the finance ministry to decide whether the INVESTOR should pay fees to the Independent Financial Advisor (a.k.a BANKS). Funnily the […]

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Whether to buy a car, how to finance a car, what car to buy are all important steps while buying. So here is a list of things that you should do if you were to buy a car: 1. Do your homework: The internet has surely made it easier to compare cars, compare features, understand […]

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Not sure how many of you even remember the big printed (8-9 pages) airline tickets (not too long ago – 2002 it was still in vogue)…the travel agent (without whom you could not book the tickets), the discounts of 8% that the agents gave (to people who asked!!), or the free ticket for the wife […]

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Subra, my money is safe, I bank with a mnc bank. They have fantastic internal systems, audit, well paid and well trained people to look after my money. They have a fantastic ……. Really? And I have dealt with banks, insurance companies, mutual funds, IFAs, ….and I know this is a wishful statement, not true. […]

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