General Archives - Page 9 of 11

General

“The Millionaire Fastlane” – A review

repreneur forum that I follow, someone asked a question to the group – “Which books made you the most money?”. The answers that followed ranged across topics of investing to motivational to actual business books. But one book that got the most mention was this book by M J DeMarco titled, “The Millionaire Fastlane”.

However, people who commented on this recommendation seemed quite polarized. Some of them REALLY liked the book, and other others REALLY hated it.

So, I had to buy and read it. 🙂

I just finished it, and I have to say, I hated it.

But, if you read it, you may like it. And that’s ok. While not quite liking it, I could quite see why some people will really find it inspiring or at least, alluring.

In this review, let me give you a summary of what the author says, and tell you what I thought about the ‘fastlane’ he recommends.

Srikanth Meenakshi May 13, 2021 13 Comments

Short Takes

Investing in Cryptocurrencies

Occasionally, we get questions at PrimeInvestor about investing in cryptocurrencies. Unsurprisingly, these questions arrive at a higher frequency when these currencies are trading higher and

Srikanth Meenakshi April 21, 2021 6 Comments

General

Confused about recent EPF changes? Here’s what you need to know

If there’s one thing that governments love to do with their annual Budgets, it is to confuse ordinary folk with rule changes that have plenty of the fine print. This time, the change that has set off a confusing debate has been the budget proposal to limit the tax breaks on the Employees Provident Fund (EPF), the favourite retirement savings vehicle for many salary-earners. So, what changed for EPF subscribers in the 2021 Budget? Has the government now relaxed those provisions in the Finance Bill? What is the government trying to do to the EPF overall and should you be looking at alternatives to it? We answer these questions and many more here.

Aarati Krishnan March 28, 2021 27 Comments

General

Monika talks money

A good way to gauge the state of personal finance books that are India-centric would be to visit the ‘Book’ section of Amazon’s India website.

If you go to the American Amazon.com, you will find the ‘Business and Money’ section, under which you will find ‘Personal Finance’. Boom, done – you have access to a treasure trove on all topics PF.

If you go to the Indian Amazon.in, you will find a ‘Business and Economics’ section, and under that, you will find ‘Analysis and Strategy’, ‘Economics’, and ‘Industries’. If you, by power of logical reasoning and elimination, go into the first category, you will find, along-side books about American personal finance and self-help (Dale Carnegie!), a smattering of books by Indian authors to help Indian investors.

A handful, at best.

No doubt, this is an emerging section, but the current state of limited selection is properly captured by just browsing through these aisles.

Monika Halan’s ‘Let’s talk money’ is, especially in this context, a much-needed publication that addresses a sore need in the Indian market.

Srikanth Meenakshi March 22, 2021 4 Comments

General

“Retire Rich” by P V Subramanyam – A handbook for your golden years

World over, planning and investing for retirement in a disciplined fashion is not the norm. However, western countries have a healthy social security net that would keep people out of really bad situations, and many such countries would have state-sponsored health coverage that would take care of the inevitable big bills in old age.

India has neither, at least not in a manner that will cater to a middle-class life-style and care aspirations here. Hence, planning, saving, and investing for retirement becomes a must-do activity during the earning years of an individual in India.

P V Subramanyam’s book – “Retire Rich – Invest Rs 40 a day” was the first book on this topic. The original version was published in 2011 and sold more than 150,000 copies, and is now available in a new edition (since 2019).

Srikanth Meenakshi March 11, 2021 6 Comments

Markets

The many roads to mis-governance

Many investors think of corporate governance as an esoteric concept that is good to have. But if is a little dodgy, they think it can be safely ignored, as it doesn’t affect them directly. They couldn’t be more mistaken.

Having discussed the origins of the concept of corporate governance, here are some key ways in which mis-governance at companies you own shares in can directly impact your returns.

R Balakrishnan February 25, 2021 2 Comments

General

GME and Investors in India

Are Indian investors starting to buy into the GME hype? How risky is it, and what could happen with this company’s stock? The background story and how it is playing it currently.

Srikanth Meenakshi February 8, 2021 4 Comments

General

Budget 2021 – What’s in it for you?

Fiscal spending and debt funding appear to be the primary gears that Budget 2021 plans to use in full throttle – in the hope of reviving the economy.
The big picture first. Fiscal deficit at 9.5% of GDP for FY-21 will not ease any time soon. It will take a slow path to reducing to 4.5% by FY-26. What does this mean? The thus-far fiscally-prudent government has decided it is necessary to spend to spur growth, with a slow glide path to fiscal prudence. And the stock markets love this!

PrimeInvestor Research Team February 1, 2021 11 Comments

Stocks

Launching Prime Stocks

We are delighted to announce the launch of Prime Stocks – our list of recommended stock picks that investors can use to build an equity portfolio and augment their investment returns.

This offering will complement our core investment recommendations across mutual funds, ETFs, and deposits.

Srikanth Meenakshi January 14, 2021 38 Comments

Mutual funds & ETFs

How to build your own MF portfolio from our ready-to-use portfolios

Many of you wish to build your MF portfolio by modifying our ready-to-use portfolios. Here’s a guide to doing this yourself without impacting the portfolio’s risk profile.

Vidya Bala December 17, 2020 9 Comments

Mutual funds & ETFs

Prime Recommendation: A low-risk debt fund for any time frame

Can a low-risk debt fund with an average duration of around just 1.2 years deliver an average 3-year return (rolling 3 year returns since inception

Vidya Bala November 26, 2020 38 Comments

Stocks

Prime Data Crunch: Can companies sustain Covid-era profitability?

A 7% decline in revenue but a 17% jump in profits is not an earnings scenario that you see often. We are talking of the September quarter numbers over a year ago for a universe of 1,122 companies. But then, abnormal times throw up abnormal results. How did India Inc achieve these profitability numbers and are they here to stay?

Bhavana Acharya November 24, 2020 6 Comments

PrimeInvestor - Articles and Reports

“The Millionaire Fastlane” – A review

Investing in Cryptocurrencies

Confused about recent EPF changes? Here’s what you need to know

Monika talks money

“Retire Rich” by P V Subramanyam – A handbook for your golden years

The many roads to mis-governance

GME and Investors in India

Budget 2021 – What’s in it for you?

Launching Prime Stocks

How to build your own MF portfolio from our ready-to-use portfolios

Prime Recommendation: A low-risk debt fund for any time frame

Prime Data Crunch: Can companies sustain Covid-era profitability?

Login

Login

Become a PrimeInvestor!

Become a PrimeInvestor!