When a friend who has Rs. 3 crores of aum says I need to create an income stream for my parents what do you do? worry about the loss of aum? suggest a MIP with 10% equities or tell the truth – the Senior Citizens Saving Yojana – now made convenient by being able to […]
Recently 2 Nris asked me this often asked question. I remember Srikant doing a story on Moneycontrol sometime back regarding the same. I come from a school of thought that ‘whatever happens in my life is because of me’. However this was before I saw some managers handling some gullible people’s portfolios. Both these are […]
For all those people who love eating out, and eating proceesed foods, there is a website to visit! Funny how we think of healthy living – and believe doctors (and the process food industry) who tell us that wheat bread, wheat pasta, …are all good for us. Why they even tell us that coconut oil […]
I have a gym trainer and here is a dialogue between us: Me: I have been coming to you for the past 4 years, and my weight remains the same! There is no use coming to the Gym. Trainer: Do you come to the gym regularly? Me: Of course I do! Regularly at least 5 […]
Research is always interesting – especially if you are getting paid for it! As a company we do research of a few hedge funds. The discipline that they show while picking stocks is quite amazing. There are various screens which they use – from market capitalization, no. of transactions in a day, value of trading […]
If on your way to prosperity you have accumulated many advisers how do you ensure that they are on the same page? Let me tell you the woes of one of my friends. Typically he has 3 Relationship Managers, one I F A, one Portfolio Manager, one C A who files the Income tax returns. […]
I met somebody a few days back and he asked me the following questions: Why do you write a blog? What is the goal? What is India’s biggest financial planning issue? What are you doing to help the spread of financial literacy? I liked the questions, but he must have felt that my answers were […]