Challenging times ahead!

Is it a good time to invest in the equity markets now? Well when a fund manager says it is time to be cautious it means we are late already! Yes the markets are high and the PE is very high. THIS DOES NOT MEAN THAT THE MARKETS HAVE TO FAIL OR AT LEAST FALL. It […]

Nifty hits 10000!!

Well as I said earlier…in FB posts and Twitter..10,000 is just a number and does not mean anything. Like age to an older person. When a person turns 28, 34, or 54…it is just a number. However it is customary to celebrate 25, 50, 60…no logic perhaps but maybe a time to introspect. Well the […]

To make money you need luck and skill

Tough head line that I chose to just tell you stories of how people DO NOT MAKE much money. Case 1: A 40 year old wakes up and decides to do a SIP of Rs. 40,000 per month. Then suddenly he remembers he cannot..and tells his wife..why do YOU not do a SIP. She knows […]

India’s Future is very B…..

The word B can stand for Bright or Bleak. Let us look at the optimistic side (Bright) side first….   Rs. 5000 crores a month is flowing into the Mutual fund industry – predominantly non debt Inflation is at 3% giving real returns (pre tax) even in savings account Unemployment is not raising its ugly […]

Sell used car at a premium? Used house at a discount?

Not very long ago..in the 1990s people would buy an amby and fiat…second hand..at a price at which the ORIGINAL owner had bought. It means you bought an amby for 38000 used it for 8 years and then sold it off at 38,000Rs. Many people would say “I will not sell it at below cost”. […]

Mutual funds – what is scary

The biggest beneficiary of the MF boom of course is Cox and Kings. Most fund houses are wining and dining in some part of the world, perhaps far removed from India. Foreign trips are a given, and an Indian trip is thrown in too. When you talk to a fund house, they tell you that […]

Stupidity, Foolishness or what…

People lose money because of greed, stupidity, overconfidence….or what? I saw a couple who had ‘invested’ Rs. 22 lakhs in a fixed deposit with a company. On probing I found that he had retired from government service and she had retired from a private sector job. He had a pension and she had a provident […]