A few people I know keep comparing themselves with fund managers – and can arrive at fantastic conclusions. Here is a case in point. One female – nothing to do with equity markets in her professional life – was a sitting duck for many people selling financial products. To the credit of the salesmen she […]

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I was just hearing a dialogue between 2 kids earning about 20k a month. Needless to say they have a hand to mouth existence. However one is the son of a successful (cash rich) father (employee in a psu bank) and the other is completely on his own (father does not support him). The topic […]

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What will the IFA (Independent Financial Adviser) do now that the entry load has been abolished? They will sell life insurance till 2011. Once that also becomes fee based he will not know what to do. Correct? Well yes and no. IFAs are perhaps the most agile persons in the whole chain of getting the […]

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If at a later date dictionary the word ‘inefficient’ is associated with personal finance, remember you read it here first. This post was triggered by a visit to a friend’s house last week. To be fair to him he had been calling me for a few months and I found the willingness only now. He […]

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I share a love-hate relationship with the media. I like many (most) of the media people I know, but am amused at the limitations with which they are made to work. Let us take an example. I got a call from one of the media kids I know. Media kid: Hello Sir…we have an investor […]

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It is customary for people to give sane advice- if you have a kid, the kid should have a PPF account. This advice makes very little sense. First of all most of the people I meet today invest far, far more in a year than the max possible amount of Rs. 70,000 in a PPF […]

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I have myself written many times about how to get rich and such other topics. Now I am myself changing it – some may even say topsy turvy. Ok if you do google you will find the steps – have a plan, make a budget, save money, invest it, put it in a mutual fund, […]

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