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 […]
Planning to do a series of articles on Couples and Money. I do not wish to see how many articles, but this is clearly one of the earliest. A couple may fall in love or have an arranged marriage, but they surely meet before their marriage…so these are things which they should surely talk about. […]
Real estate prices are rarely rational! It is just that there is not enough information available in a well organized manner, and people are resistant to change. Take a city like Mumbai. It is impossible to set up a barber shop, an inexpensive eatery (I mean selling dosa at Rs. 50), a general practice or […]
Well none of us get a windfall everyday…but what should we do if we get one? There is no clear answer to a question like ‘what to do with a windfall’ – because there is no one answer which will fit all of us. Let us say a person gets a windfall – let […]
Every day I get mails, calls …or friends who say ‘a friend got this offer…’ Most of the deals on offer look and feel like a rip off. Sometimes a complete rip off. Let us look at some of them! ‘Sir you know ULIPs are bad and expensive, so our company has decided to […]
One of the kids in the office said ‘I am planning to buy a house….what should I look for?’ I said house – I have no clue, but have friends in Hdfc and I can give you their numbers…and they may be able to help on the builder feed back… She said….No, no, I have […]
A few days ago I did a post sayings ‘Indians are under-insured’. It was so good that Dr. Khan came and commented (!).. However some of the comments were really saddening! When a person died (and his son died with him) – his wife got more money on the child’s policy than what she got […]