What is Retirement? It is a stage when you do not do any WORK to earn money. The other way to look at it is to say ‘your MONEY accumulated is enough to feed you and meet your other needs – from a combination of income and capital gains’. So for a working couple, when […]
Third in this sad saga of a lousy salesman. “Subra I wish to pay Rs. 60,00,000 as premium for a life cover of Rs. 6 crores – Rs. 4 crores for me and Rs. 2 crores for my wife. The beneficiary should be my kids. Me: Noble thought – glad to meet you regarding life […]
Well for all those people who thought that 2008 is long past us should wake up. The world economy is not picture perfect as yet, and we are still in tough times – but it may look smooth. After all the world is also seeing this kind of turmoil for the first time. The Pre […]
Very rarely have i done a non finance posting. However there were 2 events which were stunning, so I thought it might interest some of you. It is about fiction being followed by truth. Sony TV carries a program called “Comedy Circus” and I think it is a great program on creativity. They carried one […]
Many people think only Obama has to deal with Toxic assets. Not true. Not true at all. Many people could have a Toxic asset at home. It could be a toxic wife. What is a toxic wife? Well this is a recent term and describes a breed of women who are gold diggers and constantly […]
A slightly different version of this appeared in money control – Wealth section. The current generation of clients whom I meet is inheriting nice big round amounts of money. However since their own salaries are far, far higher than their parents, the amounts do not look big. Also, making a `Will` seems to be a […]
For many of us who sell life insurance, we dread the call from the client’s nominee asking for a claim form, do we not? However, do we expect a call from a client to say “Thanks for the term life insurance that I took from you last year, I am alive, but am happy to […]