I am not even getting into ‘Ulip vs Mutual funds’ – the experts know it, right? I am trying to see what are the mistakes they make when they buy Unit linked Insurance plans. This is not an exhaustive list, it is just on the basis of interactions that i have had with my readers […]
For those who do not know I have not changed my broker and doctor for the past 33 years – and it has helped. My doctor is a homeopath who believes in detailed questioning, some little diagnostics and almost zero medicines. He has kept me off medicines for the past almost 30 odd years, and […]
My wife unfortunately leaves a lot of money in her savings bank account…so she gets her RM calling her with the usual…’can I do something …’ type of calls. She has been irritated, bored, (scared too) to talk to her RM. So she did a smart thing – she went online and changed her telephone […]
Ego and pride are not really useful elements while investing. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds a little on the shares that they buy, they think they are doing research! My research for example, is completely outsourced to […]
Risk to a great extent is counter-intutive! When the index was 3000 (circa 2002) I would meet bank Relationship Managers and IFAs (Independent Financial Analysts) who would tell me “Sir, I only sell debt funds. They are so secure, and you know last year gilt funds yielded 19% p.a!”. I would gently probe and say […]
Financial planners, mutual fund sellers, bank RMs, all of them have a knack of racking up a large number when it comes to your retirement corpus! Normally they do this so that they can galvanize the client to act. However, from what I have seen it normally has a negative effect! When people look at […]