One person came to me saying ‘This is a financial plan that my planner has done, is it good?’. The plan was elaborate – cash flows for 10 years into the future, what product for each goal, rate of return assumption, – all this was there. It ran into 59 pages and could be […]
Hey the agency model is NOT working. Well it is not working as it was intended to at least. A group of people start a bank. They work in the bank. Then they appoint employees to work there. They appoint qualified people. These people are supposed to be moral, ethical, ….etc. These people cheat. They […]
As the economy gets more open and more connected to the world, investing is becoming and will become more difficult. Once upon a time you bought a HUL, L&T, …(sorry I am saying all this with hindsight bias) and then hoped that life is easy. You joined the government services and were sure that at […]
Well none of us get a windfall everyday…but what should we do if we get one? There is no clear answer to a question like ‘what to do with a windfall’ – because there is no one answer which will fit all of us. Let us say a person gets a windfall – let […]
as a writer, blogger, investment adviser, I have searched up and down for a ‘good’ retirement plan. I still do suggest the Templeton India Pension Plan…but at an age over 45 – till then I suggest only a token amount of say 5-10k a month. here Babar Zaidi says something about creating your own plans. […]
In the past 10 days 2-3 people have asked me for feedback about 3 financial planners. I do not know the people asking the questions, nor do I know the planners. Obviously I know the names, but I will not name them. I politely said ‘I as a professional will not comment on the work […]
Today sadly, there is no pension plan which meets all your requirements. For example Templeton and UTI (both asset management companies) have a pension plan – and it is a one size fits all type of a plan. Typically a pension plan should have various options at the ACCUMULATION stage – when a person is […]