When you handle personal finance you need to be a little soft, a little hard and sometimes cruel. It is like giving medicines to a kid. Not many clients want to listen to bitter advise. Imagine a professional who wants to invest Rs. 3 crores in a business, where I think he will earn only […]
Army / Military personnel (this includes navy, airforce, border security forces, etc.) guard our country. However do they undergo any training in personal finance? The answer, is obviously, no. In an interaction with a few young army / ex army people, I have come to the following conclusion: 1. Like the rest of the population, […]
A couple of days back I said there is nothing new to write in personal finance – in my Facebook post. I still stand by it. Seriously there is nothing new that one can write about personal finance which is not already written…However the inefficiency at the execution level – of even well given advice […]
Just too many people whom I meet crib about the distributor! Poor guy! Call him an agent, advisor, consultant, …or what have you, but he is representing the manufacturer and has a role to play. Let me tell you what I like my client to do or know. Clients should expect good quality feedback on […]
Two hobbies of mine are running (long distance like the 10k and the half marathon) and cycling. Now long distance running and cycling are both endurance testing rather than speed and strength testing. However, I need to increase my speed – so that I can finish in decent time if I enter a competitive race. […]
When we we were in school, we were told we should read the newspaper. So we did read the news paper. Then came 1977 – so Indian Express, Ramnath Goenka and Arun Shourie became a habit. OMG we would even discuss the newspaper. When a letter got published in the ‘letters to the editor’ column, […]
Having been in the financial services industry for a long time has its advantages and disadvantages. The advantages are you know many people. In fact too many people. So when a product is launched or being launched you get a sneak preview. I had got a sneak preview of the NPS’s rates. Looked too good […]