Getting rich is simple; it’s just not easy. If it were easy, everyone would do it and do it well … and they don’t! I’m not going to give you a step-by-step process you need to employ to get rich effectively. No, this article is to get you to stop and think about all the […]
I am a part of the team at Iris that does a column called “Portfolio Doctor” for Money Today magazine. This column is very popular – and the requests for being featured far, far exceeds the number of columns that can be carried. So here is what the editor of MONEY TODAY has to say […]
In our office we have a big team which works on a personal finance software – which failed and has been scrapped (update on 10th July, 2018) So the kids in that team keep asking what is financial freedom? My answer is simple, and here it is: 1. Largely, if you can laugh a lot […]
A Very good Poker joke is “Look around the table. If you are not able to find who is to be had that evening, it is you”. Similarly when you are with a professional and you do not bother to find out how he is compensated, frankly, I do not think it is the advisor’s […]
This is arguably the most important financial decision in your life you will ever make! Not too long ago life was simple. You wanted a bank account, you went to a bank. If you wanted to buy shares, you went to a sub-broker (a broker was out of reach till about 15 years back). If […]
One newspaper in Mumbai has this headlined in one of their news items. It is an article on page 3 of the paper – telling people not to self medicate. It warns people of malaria, gastro, and generally saying if you have fever please go to a doctor. However, a few pages later there is […]
There is a complete alphabet soup as far as financial planner’s qualifications go! CFA, CFP, CA, ICWA, MBA, LLB, Bcom, Amfi pass, IRDA qualified, ….and still more. Does it really matter? Well your financial planner should know about you (perhaps most important), equity markets, debt markets, compounding, etc. Surely if you are looking for a […]