I had to speak at a Church (Parish) in Mumbai on Investing. In a religious gathering it was necessary to keep in mind what the scriptures said about investing. So the topic I chose was ‘Scriptures and investing’. The Christian community is quite conspicuous in its absence in the financial services field – especially in […]
A bureaucrat or a minister is respected by the size of the fiefdom he runs. So obviously when the corpus in ULIPs has got far higher than the full mutual fund industry….SEBI saw some ground slipping. If SEBI was so clear, it should have woken up long ago. Why was it sleeping. Also ULIP is […]
This is from experience – the advantage of meeting 5000+ people is enumerated here 🙂 1. Have a realistic expectation from the financial planner 2. Know what to expect from a planner 3. If you do not have your data in an organized manner, the planner is not likely to spend time organizing it and […]
http://www.subramoney.com/book-written-by-me/ After spending 10 years in the ‘profession‘ of training here are some expensive learning: Television is an entertainment source – not an education source. To be good in the media you need to say something interesting / controversial. Largely you can say anything and be sure that it will not come back to haunt […]
When the mutual fund industry was groaning about the ban on entry loads, the sounds seemed genuine, but not any longer! Why do companies start a mutual fund (big houses in other financial products) we assume they do this to earn money, correct? Well I am not so sure now. The latest giga offer I […]
A friend introduced me to the owner of a nice gym in the suburbs of Mumbai. He has a nice ‘civil service’ background but quit all that to start his own gym. While talking to him I came to some fantastic observations which people in financial services could use: 1. Even though he pays a […]
There is good ego and bad ego. The good ego is what tells the kid that the body is different from the table. It tells you where your body starts and where it ends. If you see a 2-year old kid going under a table or a chair – he is checking out his ‘ego’. […]