In most companies the people at the HO hate the guys who go out and sell. Make no mistake most companies hate the sales guys – employees, agents – are just nomenclatures. By any name they are hated. The company – I mean the ‘HO’ people LOVE the cheques they bring, but hate the sales […]
So Sushil Kumar has just won himself Rs. 5 crores – and obviously the first question topmost in his mind should be: How should I invest this huge amount? Well let us assume that he gets Rs. 3.5 crores after all taxes are deducted. The following steps are very important: 1. Invest the whole amount […]
How stubborn can Central Bankers be? It is surprising – and I am not saying it is easy to be a central banker..just commenting. Inflation in the US and UK are about 5% – if you ask the people living there (increasing ‘consumer confidence’ is inflation assisted). However the Central Banks are refusing to believe […]
When I say retired people I mean people who do not have any earned income. That means they are dependent on: pension interest and dividends children Well these people have some really tough decisions to make: 1. Where to stay? : I have stayed all my life in Mumbai, now I have a house in […]
Subra with so much of volatility, is it worthwhile being in equities? You remember the Rs. 3 lakhs that I put in a fund about 4 years ago is up only about 12% – should I sell it and put it in National Savings Certificate? Market has not been good at all for me. It […]
If I do a quick analysis of my portfolio, I have made money largely from companies very high on compliance. The groups are Tata, Murugappa, Sundaram, Birla, Hdfc, Multinational companies. Not sure whether clubbing Multinational companies in one group makes sense – largely it is the American companies which have shared their prosperity with their […]
Whenever people ask me ‘I have made this investment (life insurance policy, mutual fund, equity shares, house -does not matter) – should I keep it or should I sell it? Immediately they tell me the cost….paid Rs. 6L premium for 4 years, bought this house for 73 lakhs, …and now the value of the portfolio […]