Yesterday I got 2 mails / comments one said a. your blog is too simple and the second b. your blog is too complicated. I could not agree more. This is like being asked to speak to school – and all the kids from class 1 to class X being the audience. It is really […]
Here I am putting in some of my own effort, and some copied from the masters. Remember there are some very holy but useless sounding right advice. If you do not know how to do, LEARN them if you wish to be a good investor: A. Know yourself before starting to invest: 1. What kind […]
The most maligned person in the financial service space is the distributor. It is he/ she who provides the last link between the financial product manufacturers and the end investor. Let us describe the typical distributor: He earns about Rs. 2-3 lakhs a year (a decent MBA would not EVEN consider looking at such a […]
If we have a debt (or a bill) we normally pay it on time, right? Hey no. Not always do we like to pay our debt or bills. We pay our bills only on the following conditions: 1. We acknowledge it as a debt: I borrow money from friend A and lend to the business […]
Many people may not have heard this. Of course many would have heard this, but may not know what it means…so here it goes! When you earn a certain amount of money – all of that does not come to you. Some of it goes off as profession tax, income tax, insurance, provident fund….etc. […]
When I say ‘Retire’ just too many people think it means old age. Sorry wrong understanding. Retirement, let us redefine. Retirement is when you can do what you WANT, not what you MUST. You do not HAVE to earn to pay off the EMI. Or for paying for the kid’s education or marriage. Thus retirement […]