Many people have asked me this question based on my advice not to borrow! Well I am not against borrowing at all! After all I hold shares in India’s biggest mortgage company, and some banks. So please go ahead and borrow, I have to get my dividends, do I not? However, on a serious note, […]
Sir John Templeton said that the four most dangerous words in investments are “It is different this time”. I am sure we have heard this a million times! “India is growing at 9%”, “There is no alternative for international funds” FIIs are looking for growth. At this growth rate, India is cheap! Correct please remember […]
“Does my family really need Rs. 4 crore on my death?” When I suggested Rs. 4 crore as sum assured for a customer, this was his immediate reaction. Typical of us, I thought. When a sales person gives us a product/scheme our first thought goes to the ‘commission’ he or she makes. I keep wondering […]