This is a pure humor column…figures are completely wrong, but I guess the trend is correct…. 150,000 people selling mutual funds (read as UTI), post office products, etc…. Exam introduced by SEBI (people wrongly call it the Amfi exam) 10,000 people selling UTI products Exam introduced in Hindi 85,000 people have passed the exam…now it […]

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We all know who writes columns of lies, lies and honest lies, so here is a dig… Look at the Quantum Mutual fund advertisements which appeared in the national press. The advertisement says “we have eliminated distribution commission…” so your money works for you. There are 2 types of charges that a customer pays in […]

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Pessimism about the markets? Well no. Not really, but can see some dark clouds: – the government’s inability to control inflation – MMS acting like a rubber stamp for the Lady in White – Commodity prices – including crude of course -Interest rates HAVE TO GO UP to compensate for inflation. Sadly Indian population not […]

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Most people I know spend less than what they earn! I wish I could say ALL people I know spend less than what they earn…well they do not. Why do I keep harping on income and expenditure, because it is not easy for many people to comprehend. Let me see how simple I can make […]

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Here is a mail from a reader…I thought readers / fans of planners / etc. should respond. Would love a response from Babar Zaidi, Ritu Kant Ojha, Anirrudha, Kamya Jaiswal, Debashis Basu, Khyati Dharamsi, Deepa Venkatraghvan, …other CFPs, ….all others welcome. I personally do not understand how personal financial planners work (well to a great […]

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I have been asked a few times ‘Why do you not write a book on Money – especially for women’ ? This is difficult to answer. There seems to be a stereo type image of a woman needing ‘help’ to manage their money. It may also be a hint that women do not understand finance […]

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What is being Rich and what is being Wealthy? This is a topic that I have spoken about too many times in the past….One of the steps required is to create different and various sources of income. For a beginner who is starting on a first or second job how is he/she expected to create […]

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