Here is a book review of Retire Rich Invest Rs. 40 a day….planning to carry more such reviews. This is by a person who is over 55 years of age. I liked the chapters on withdrawals(pun intended) after retirement – the topic on annuities and how they could be used effectively to protect equity based […]
http://www.subramoney.com/book-written-by-me/ What is a repo transaction? Every MBA student knows the word ‘Repo’ – however if you drill down and ask for its full form or what it means…you are in trouble! So here is what an MBA student (Finance major) can say when confronted with the question – What is a repo transaction? RE […]
Investing for retirement (which is called investing in the accumulation phase) and Investing during retirement (many of us will be investing even after we retire) can be as different as chalk and cheese. At the first stage we are looking for growth and safety. In the second stage we will be looking for liquidity, current […]
Continuing the mutual fund tutorial, for whom is a mutual fund suitable? Well it is suitable for people who do not have ALL THE THREE : Time Lots of money Skills of stock picking, portfolio construction and fund management skills. Then you go for mutual funds. Mutual funds give you the following advantages: Portfolio diversification […]
Old age, death, retirement, are all very far away in life. Life is fun. You have just started earning, why should you start financial planning? And for heavens sake at the age of 23!? Well read on. Most 23 year olds are different. Most of them have financial needs that differ materially from those of […]