Look at some of the excuses that people give for not making a will: – I have a lot of money, but so do my kids. They will not fight for Rs. 50 lakhs. So true. I heard of a family which fought for Rs. 50, 000 crores, I am sure you did to! – […]
Generally investment managers emphasise a lot on financial or money management for all the people they meet. This is of course nice, their job depends on the assets under their management, so they should do this. Let us look at it from the ‘investor’ or ‘client’ ‘s point of view. When you are young (say […]
I am sure you are all dying to hear what is this word…..well the word is NO. Nahi chahiye. Nyet. Nein. Vendam. Nako. Nathi Jothu. Do not want….. the single word is NO. When I was reading an article recently I saw an article with similar headlines…it was an article in Newsweek and it said […]
Mr. Subra my name is A…K. These are some of the facts about me. Please tell me whether I am on the right track please. Facts: AK is 52 years of age, works in a semi-government company. He has a house in Mumbai (current estimated worth Rs. 85 lakhs, located at Mulund). He drives a […]
More than 300 families that I know must have made this statement! I love it. All those reading my blog know that I believe in keeping things simple, and using own skills rather than ‘hired’ skills. Even when it comes to making a will…my normal advice is “If you have led a simple uncomplicated life […]
Are we in a bear market or in a bull market? Frankly nobody has been able to answer this question when the market is on! 3 months or 6 months later everybody will tell you that “May 2008 to Oct. 2008” we were in a bear market, however now we are in a bull market. […]
You got educated, got married, started investing and quickly you were convinced you should pay for your kids college expenses. So you invest more for your kid’s education and less for your own retirement. No I am not arguing against that. That is for another post! Some big chunk of business that the financial services […]