Portfolio construction based on grandmothers’ stories and advice from snake oil salesmen means that the vast majority of affluent Indians have invested most of their wealth in assets which do not, and cannot, deliver returns in excess of the rate of inflation. This skewed portfolio allocation means millions of Indian families are heading into retirement with portfolios which are being swiftly depleted. How did this happen? And what can be done to
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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