Many people who think they understand risk do not understand risk coming from completely unexpected sources. I do not mean some 50% market crash – one is reasonably prepared for a market crash, but something else. – What happens if the government withdraws medical cover for retirees of government organisations? -What happens if PPF is […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination (to take time off from your family to do this) and expertise in accounting (to file your tax returns), investments, taxation, insurance, and estate planning, you can do this process on your own. However, avoiding personal bias is […]
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 […]
This is surely an attractive title…but Suzie Orman says she has a Money book for the Young, Fabulous and Broke! So this cannot be a title for my book… Now what is young? Young is what young does! So young is somebody who is 10 years younger to me and old is somebody who is […]
Here are the details of a couple …and they had an amazing story. I took their permission to share the story with you… He is 42 she is 37 years old. He works for a huge pharmaceutical company and earns well. Lots of cash, lots of goodies. His total savings as of now Rs. 8-9 […]
this post is being repeated. Had posted it earlier for a few hours…but was removed..because there was some more important ‘breaking news’ story…so it is coming up again… A few days ago I did a training for a Wealth Management Company. Not too keen to mention client names..but it was a high quality client and […]
This younger generation has no goals, no aims, nothing – we were so focused….so said a friend of mine. I am quite surprised and sometimes saddened when such remarks are made. Every generation has its stars, super stars, successful people, fraudsters, lazy bums, idiots,….in more or less the same quantities is the feeling I got. […]