It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
Whether to buy a car, how to finance a car, what car to buy are all important steps while buying. So here is a list of things that you should do if you were to buy a car: 1. Do your homework: The internet has surely made it easier to compare cars, compare features, understand […]
At age 35 people suddenly realise that death, old age, etc. CAN happen to them also…. So suddenly they look for somebody who will ‘help’ them to plan their finances. They get to somebody and find out somebody who comes to their house or their office. They think (thanks to the TV ads, I am […]
Why doctors need to maintain accounts… Doctors are almost mortally scared of accounts and accountants. They love money, but hate accounting – especially the details. Hey Doc, understanding a balance sheet does not mean you need to know HOW to make it. After all to enjoy an omlette you need not lay an egg! First […]
Continuing my dialogue series… Journo: Subra do you not think the life insurance guys get pampered? Subra: Why do you say so? Journo: 40% of the contribution as a commission is too much, do you not think so? Subra: What about products with 122% commission? http://www.subramoney.com/book-written-by-me/ J: Not possible in the financial service industry…..at least […]
http://www.subramoney.com/book-written-by-me/ Here is part 1 of an article I wrote for Money Mantra… How to select a good mutual fund. Selecting a mutual fund for investing is a very important step indeed. It is not just important it is crucial. However it is the second step, not the first. It is surprising at the number […]
Many friends in the media will feel let down by this post! After all the media spends so much time and effort on the macro. Telling people that they should look at market cycles, inflation, demographics…. Warren Buffet says ” Ignore the Macro, Focus on the Micro”. Clearly business should be concentrating on what they […]