This is such a catchy headline and completely contradictory to my saying ‘if you do not know what you are going to do with your leisure, do not retire’! Frankly the word ‘Retirement’ means ‘doing what you enjoy rather than doing what you must’. So a retired doctor could still be in practice – […]
When a rich person (when I say rich I mean a person with a level of net worth – not a level of spending) spends frugally – is he being miserly or being sensible? Frankly I do not know and do not really worry about what other people think – but to me many of […]
Greece is in financial trouble – and by now all of us know it. The trouble is a result of years of mismanaging the economy. All you have to do is read Michael Lewis’s article about this in Vanity Fair – and it had appeared long back. How different are other countries? Well not very […]
I personally have little at stake in the mutual fund business, but surely the current mess is likely to stay much longer. 2 products which are similar in nature having a different kind of sales incentive is a big danger to one being crowded out. Of course other than the regulator everybody knows it. Khyati […]
So today the market went up by 400 points – many financial services companies went up by a huge number. Hdfc which was Rs. 3000 pre-split opened at Rs. 610…now it is at Rs. 655. So as is wont….you ask…and they say ‘The financial services industry is booming’. If you have been in the industry […]
I did an unscientific sms poll asking people the same question: ” 5 year view – If I have money to invest in the equity markets. Should I do a 12 month STP or a 24 month STP?”. The persons covered included 2 CIOs, 2 CEOs a few fund managers, 3-4 research people and a […]