Not sure about how many readers will agree with this…but this is my view. There are many problems in India, and surely many, many financial problems…….however I think these are the 3 major problems: a. People underestimating retirement requirements: Many 45 year old people whom I meet underestimate their pension requirement. Not just underestimate, but […]
In every financial planning class I need to do a post lunch session. To keep them awake I ask them to do a simple exercise – calculating how much money they require for retirement. Unless they are at least 32-33 years of age, they have no clue as to how much they need for retirement. […]
What do you do if people disagree with you? Get angry, resign to fate, fight, ignore them…well look up the Cognitive disonance….but first read on.. There are some deep beliefs that you cannot question. Let us say the scientists in the world believed that the world is flat. It means many years of research including […]
There are some deep beliefs that you cannot question. Let us say the scientists in the world believed that the world is flat. It means many years of research including greats like Aristotle who had not said anything to the contrary. So if I were a scientist in that era and a few guys like […]
this is a transcript of a talk session Vikram Oza did on UTVi – and it appears on utvi.com too. Leaving emotions out of your financial decisions is tough. Behavioural Finance is a science that gauges among other things, the rationale of investment decisions. UTVi talks to PV Subramanyam (Subra), financial trainer on the subject […]
In every financial planning class I need to do a post lunch session. To keep them awake I ask them to do a simple exercise – calculating how much money they require for retirement. Unless they are at least 32-33 years of age, they have no clue as to how much they need for […]