Except investing more and investing for a longer period MAN will do anything to increase his wealth. Fairly obviously the person who starts early, invests more, for a longer period WILL have more money in the corpus assuming the same… Read more
What is safe leveraging?
Let us get it right, the real rich do not borrow. Never ever for personal expenses, buying assets or personal INVESTING. Borrowing and investing is a very foolish thing to do for most people. Will a Mukesh Ambani or a… Read more
What a life Insurance agent says and what he means!
Yesterday I did a small gig on what a Real estate agent says…and how you should interpret it…so today it is the turn of the life insurance agent. 1. Sir since you have an income, you should have a life… Read more
Debt instruments will not make you rich
All of us must have some debt investments. At least that is what ‘asset allocation’ gurus will make you believe, so well, let us believe it. HOWEVER, when somebody comes to me and says “I live frugally and save all… Read more
Portfolio Construction: steps
What is portfolio construction? Let me start in the correct order: Setting your Goals Making your Investment Philosophy Statement Understanding Asset allocation Next step is Portfolio construction. Once you have decided to do Goal Based Investing, set your goals, made… Read more
Mutual fund myths: some being removed
The mutual fund industry owes me some thanks for pushing a lot of people into investing! Surely the investors are happy and benefiting and hence enjoying the process. However when I speak to them I realize that there are too… Read more
Mutual fund industry is booming
Make no mistake about this – the mutual fund industry is booming. Every fund house is making a lot of money – or is hoping to make a lot, lot more money in the near future and hence the rush… Read more
What scares me in a mutual fund today
It must have been in 1998/9 when I heard about SIP for the first time from Suraj of Franklin Templeton – he now is the boss man in UTI. A fan of SIP me and many others like me have… Read more
Mistakes in fund scheme choice
Teaching has its advantages. Huge advantages I should have said. One such event happened yesterday…I was told that I had missed one of the best fund managers by not investing in Mirae. I was also told that by not investing… Read more
It is foolish to plan…or is it?
I wrote a piece on ‘Make your own financial plan’ – this appeared on yahoo finance and some of you may have read it. What is amazing is the response that I have got for the same. Largely saying the… Read more