I have myself written many times about how to get rich and such other topics. Now I am myself changing it – some may even say topsy turvy. Ok if you do google you will find the steps – have a plan, make a budget, save money, invest it, put it in a mutual fund, […]
Media loves to bash the financial advisors. The main accusations about FAs are – they sell products which the clients do not need, they sell products which have the highest commissions, they do not know all that they should know….etc. Let me now bat for the FA. A good FA should be well qualified (let […]
The Rules of Money are changing. Are you adapting? This of course could be a fantastic tag line for a financial education business! However I have been convinced about a few things. The old Macaulay system of education in India – and perhaps around the world was created by the ‘Ruler’ who wanted to have […]
One big time broker who is also a CA….was involved in a fraud case. He went to jail – as did his father. Father-in-law was lucky he was spared. The father told one of my friends: “I do not know what my son did in life, but thanks to him I saw the jail”. For […]
In a training class there are some of the few questions I cannot wish away. Let me name a few: 1. What will happen to the market in the next 12 months? 2. When will the market reach 21000 again? (they mean Sensex) 3. Is the fall over? Will it start rising again? When? Frankly […]
I have answered this question millions of times in my training and teaching sessions. And there are no clear answers. However students who ask this question need to understand that being ethical may be an end in itself. If something is an end in itself, how does it matter whether it should be done or […]
Since everybody was now talking of Corporate Governance, I decided to see what it actually means. Well Wikipedia defines corporate governance as follows: Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. Corporate Governance also includes the relationships among the many stakeholders […]