Doing a series on how clients get ripped off! Each part is independent of the previous one. The first one was about Education. So continuing the education rip off. First we spoke of the ‘urban’ boy / girl who is on a self rip off mode. Take the case of a carpenter whose daughter is […]
Inflation story continued……… Psychological Impact of inflation is quite harsh on the investors and savers. Economic theory says when inflation is high, people will tend to spend more – because there is no incentive to save. This is true to a very limited extent. Most people get so scared that they start saving more and […]
One reader called this column “Malice towards one and all” . Sorry Kushwant Singh, you are not alone. I have also done a ‘Round and About’ and started in on a Saturday by saying…”All this is my own work…..”Sorry Busybee, sorry Late Beheram Contractor. Let us check out some history of investor protection. It is […]
I share a love-hate relationship with the media. I like many (most) of the media people I know, but am amused at the limitations with which they are made to work. Let us take an example. I got a call from one of the media kids I know. Media kid: Hello Sir…we have an investor […]
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 […]
A few days ago I was watching a personal finance program on ET TV. How some statements are now being thrown about is very surprising – and amusing if one were not bothered about the side effects. A portfolio for a 55 year old individual (5 years to go for retirement) was about 50% in […]