IN the last 3 weeks many people have asked me for my view on Robert Kiyosaki’s concepts. Surely there is a lot of merit in what he says, but there are many limitations too. Let me see: 1. He underestimates risk, and dramatically underestimates risk. 2. He takes one theory of investing in real estate […]
Many people known to me have read Robert Kiyosaki – largely the concept of Mr. North and Mr. South – famously known as Rich Dad, Poor Dad concept. There are many things that Kiyosaki says – let us take 2 of them today: 1. No money is made from real estate, equities, commodities….it is made […]
What ails the life insurance industry today? Well the biggest worry is lapsation. They have other worries too – like the Swarup committee report, the small ticket size, the poor public image, the lack of communication skills in the sales force…but clearly the biggest worry is lapsation. It beats me completely as to how an […]
http://www.subramoney.com/book-written-by-me/ Happy Sankrant, Happy Pongal, Happy Lori……in short if you are from the West of the country, North of the country, or South of the country, happy new year!! For the Tamilians, Puthandu Nal Vazthugal…!! Continuing yesterdays post…assets that protect you against inflation…. Real Estate Traditionally real estate has been considered a very effective hedge […]
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 […]
As a business if PMS has to sound reasonably profitable the minimum size of the portfolio should be at least Rs. 10 Million (Rupees one crore). Why am I saying this? Well if I have to meet a client 2-3 times a year, take his phone calls 12 times a year and get my staff […]
If people think (or know) that you have some connection to the stock markets, they do turn to you with queries. One of the questions that I am asked – for the past 3-4 years has been “Do I need to hand over my money to a Portfolio Manager?” Whether an investor would benefit from […]