An asset should bring you money. If this is the definition of an asset – your golf kit, your gold jewellery, your Mercedes, the house in which you live, – normally what people consider assets suddenly look like ‘expense’ rather than an asset! Every cheque that you sign is either an expenditure or the purchase […]
For all of us how we handle our personal finances is important. In fact how much money we have at the end of our working lives is determined by how well we manage our money. How hard and how early our money starts working for us is important to determine our net worth. Good financial […]
Frankly this is not a ‘how to sell life insurance or mutual fund’ tutorial but just a note on how desperate the industry is to sell! ALL the life insurance companies – Aviva, Hdfc Standard Life, Icici Prudential, Tata AIG, Birla Sunlife, Max New York Life, Reliance, Kotak, – have called me at least 10 […]
I do a lot of training for IFAs – here are somethings that they wish they could tell their clients: – If you can find all the answers on the net, please ask that website to get you a printout of your portfolio when you want, why should I call the fund house? – It […]
I have been a big proponent of financial education, but I hope you understand its limitations. Let me explain. Finance has changed over the past 100 years. In fact the changes in the past 10 years could perhaps be greater than the changes in the past 90 years before the last decade. Now if you […]
If you are a little confused about the title of this story, well you should not be. Many people confuse cheap to be inexpensive. Wrong. Cheap is normally meant to denote quality, inexpensive to describe price. Here is a great life insurance agent who met a client. Unfortunately I had not known her client…I met […]
Voluntary Retirement Offer – Evaluation: For whatever reasons – voluntary retirement offers are now quite common and most people do not have a choice. However, if you do have a choice, see how to make the best of it. If you are given a VRS offer at age 45 and you have a transferable skill […]