A financial adviser has to have the guts to ask the end customer (read YOU) some questions like the following mentioned here: 1. Your qualification is good, and your salary is great, but can you really make a 15 year commitment of EMI for the housing loan that you are taking – at your […]
Ralph Nader said about General Motors long ago. I am saying this about the Indian Equity markets, now. The problem with investors, wannabe investors, scared of the market investors…is they keep learning, but most of the times the learn the wrong lessons. ‘I have made money on ESOPs’: Well if you had Esops of Indiainfoline, […]
So many people tell me (OMG and I politely nod) …here is what I wish to tell them: Subra, I made money…. a. buy getting ESOPs in my company b. buy buying a house for Rs. 30 lakhs, now it is worth Rs. 90 lakhs and only Rs. 12 lakhs of the loan is to […]
Capitalism is when the capital provider works in the business and wants to CONSTANTLY increase its net-worth by honest means so that he can bequeath it to his children, grand children, great grand children…and all of them take the same view. However if you have people who are ‘building a business to sell it off’ […]
All the advise that you get must be saying ‘Look you jerk you do not know how to handle your money..give it to a mutual fund, life insurance company, brokerage house…and they will manage it for you’ …correct? Well most of the financial media, the people who write, the people who appear on the […]
When we made research reports in the 1990s, we used to have one page on risk factors. One of the risks was ‘Regulatory Risk’ – never bothered about it much.. Now if you are the promoter of a life insurance company, your purse will know what is regulatory risk. Thanks to IRDA’s diktat, all life […]
Sometimes you get rich by not getting ESOPs! If the private life insurance companies did not give you ESOP, rejoice. It must be really difficult if you have such a tough competitor like LIC! Look at what all they do: 1. They give in writing to corporates – we will give you 9.35% p.a. return […]