With real estate in a boom over the past few years, one thought that crosses peoples mind is to use ‘Home Equity’ as a Retirement Plan. Good idea? Feels so. At least at this juncture, however like all assets it has its ups and downs. Let us look at what I mean. What is Home […]
To be a successful private banker or a relationship manager requires some qualities. It hardly matters which part of the world you are located. Let us look at some of them: 1. Empathy for the client: Yes it is important to keep the organisation’s interest in mind, however the client’s interest should be on the […]
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 […]
No clue how the market will react to this news of Fidelity being taken over by L&T Mutual Fund! I have had a couple of calls from investors in equity schemes who may pull out their money. However Fidelity has a lot of institutional debt which may not panic from this change of management. It […]
A friend was investing in a company which was listed about 2-3 years back, and he was about to invest Rs. 20 crores. Not a small sum and he just chatted up with me. He mentioned and asked me whether I knew the company. Sadly, I did know and did not know anything good about […]