Are the markets over heated? Are the PE ratios too high? are 2 questions that I have been asked a million times – right from the markets being at 3500 to 21000. And I have not been able to answer them. Only now I realised that the old definition of PE ratio – is the […]
Sir John Templeton said that the four most dangerous words in investments are “It is different this time”. I am sure we have heard this a million times! “India is growing at 9%”, “There is no alternative for international funds” FIIs are looking for growth. At this growth rate, India is cheap! Correct please remember […]
Many of my clients have a problem which they think is unique. This problem is called “Anchoring”. It means you have heard (or seen) about transactions which have happened at a particular price, then they expect that price for their real estate. Let me explain. I have an office space in Mumbai bought for Rs. […]
WORKSHOP ON Learning about Business & Personal Finance-Tools, Techniques, Strategies and Tactics the practical workout At: DAY’S INN Vashi, Mumbai 4th and 5th Feb 2008 Please Reply to Email :pvsubramanyam@irisindia.net About the Programme The two day compact finance workshop aims to raise the level of financial awareness of the participants and enable them to use […]
“Never a borrower nor a lender be” because a loan normally loses itself and the friend. This is an old adage right? Surely Nehru, Gandhi, Rajaji did not have a credit card but their great grand children would all be carrying a credit card, maybe a housing loan (or home mortgage as yankees say it), […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination (to take time off from your family to do this) and expertise in accounting (to file your tax returns), investments, taxation, insurance, and estate planning, you can do this process on your own. However, avoiding personal bias is […]
What should you do in a falling market? So, what’s a stock market investor’s best response to dropping stock prices? First, forget about rationalizing and explaining (or listening to other people explain) why stocks are falling. It’s a pointless exercise at best, and misleading at worst. Second, file the painful experience away as a […]