The number of school teachers in the country is quite a large number – surely runs into tens of millions. Is it surprising that there are no websites or books meant for teaching investing to school teachers? No. Actually it is not. School teachers in India (on an average) are paid pretty badly and do […]
Sadly there is not enough research on the financial behavior of Indians. On the other hand there is a lot of research in the US about American earning, spending and investing pattern. It is NOT possible to just do a cut n paste of the American behavior patterns, and THEREFORE one cannot just accept the […]
Mostly people tell you ‘I bought a house for Rs. 50 lakhs’. Great. A house is rarely just the cost that the broker told you when you bought the house. Have you seen what are the associated costs? Cost of the house is Rs. 50 lakhs. Assuming you did not have any money for down […]
A few reader queries and their answers: 1) Do you think pension policies from insurance companies make up for a good investment for availing pension? Why or why not? Answer: No. They do not. First of all thanks to some Quixotic regulations no life insurance company is selling a pension plan, so this question […]
OMG once upon a time (about 20 years ago) one had to go to a British Council or the USIS to get something on Financial Planning. Today every body from a credit card salesman to a real estate agent everybody talks of financial planning. So it has become more and more difficult to understand FP. […]
I just did a post saying ‘Men and Money’ so here is a post on Women and Money. Assuming that the Man is the main provider and the wife is the secondary (financial) provider, what are the things she should do to know how much is the husband earning? Is it enough? Are they living […]
This is such a catchy headline and completely contradictory to my saying ‘if you do not know what you are going to do with your leisure, do not retire’! Frankly the word ‘Retirement’ means ‘doing what you enjoy rather than doing what you must’. So a retired doctor could still be in practice – […]