Tuesday did a session at the MoneyLife office at Shivaji Park….’It is not your income, but your wealth that counts’ . Like everybody, I like to see my pictures – which Moneylife has put up on its website..so please look at it (it will do My ego a lot of good, i think, I do […]
This is an old post…now reposted to be in tandem… One assignment that an MBA class likes (loves) is to do projects. It better be projects which are easy to do of course! One MBA class where I suggested that they go out meet IFAs and a few customers to find out how the investing […]
Many people have been asking me this question…’You say all this…but where do you invest?’. Well very clearly I invest only in equities. Other than a small amount in debt (which should be say next 4-5 years household expenses) + some money in PPF and planning to open a Senior Citizen Yojana a/c for my […]
When it comes to buying any asset – I am using the word loosely there is a tendency to borrow. Borrowing actually helps you immediately by allowing you to buy beyond your means. The problem with most things we buy is that once we buy it, it ceases to hold any attraction for us. That […]
Caller: Mr. Subra I am happy you have taken my call…I am 73 years of age and have about 98% of my net worth in equity.. Me: My GOD! Sir I am aghast ..how can you have all your net worth in equities alone..it is too risky do you not know? Caller: Sir I did […]
My Gym trainer is also my client for advisory services and this is the dialogue that we have had: My Gym trainer: I have been coming to you for the past 4 years and I do not feel rich Me: Are you earning as much as you said you are? GT: Yes of course – […]
The number of people who advise investors to invest in Index funds is now increasing. Of course many of them are victims of the Great American media program. As long as Prashant Jain, Naren Sankaran, Nagnath, Sukumar are managing funds for me for a 2% fee why should I ‘index’ my portfolio? There are many […]