When I say ‘Retire’ just too many people think it means old age. Sorry wrong understanding. Retirement, let us redefine. Retirement is when you can do what you WANT, not what you MUST. You do not HAVE to earn to pay off the EMI. Or for paying for the kid’s education or marriage. Thus retirement […]
I get a lot of mails – on my blog, on facebook, and of course on subramoney.rich@gmail.com asking me to write on: – borrowing, loan consolidation, student loan consolidation, bankruptcy, …. -smart spending, – trading – in equities and debt, commodities, gold, silver, etc. – futures and options, hedging, – market timing etc. My response […]
Two hobbies of mine are running (long distance like the 10k and the half marathon) and cycling. Now long distance running and cycling are both endurance testing rather than speed and strength testing. However, I need to increase my speed – so that I can finish in decent time if I enter a competitive race. […]
There are many types of people I meet – some who are simple and some who think they are leading a simple life. I know a person who cannot print anything from a word or excel. He has no clue about downloading his bank statement. He is a big executive in the pharma business – […]
I have been a big proponent of financial education, but I hope you understand its limitations. Let me explain. Finance has changed over the past 100 years. In fact the changes in the past 10 years could perhaps be greater than the changes in the past 90 years before the last decade. Now if you […]
Retirement Financial Planner: Retiring early is a great thing to aim for. Client reaction: Retiring early is a problem. Retiring at 52 will mean 45 years at home. This for my wife will mean more husband and less income! I have no hobbies, what do I do? Americans at least need to develop some hobbies […]
My parents always managed to make ends meet, even though my mother was a stay-at-home mom and my father worked in a factory! Neither my sibling nor I did things like ‘tuitions’ and these kind of income supplementing stuff. Of course unlike many people of my father’s generation he did not have to support his […]