It is so funny that when markets are rising, everybody asks you to buy, and when it is falling everybody asks you to sell! One commentator who unabashedly acused another big investor of “luring” the poor investor into the market (when the index was 7000), then changed his mind to predict 25000, then changed […]
Well he/ she should know life insurance and mutual funds for sure. Should know famous books and names of authors – so that they know where to turn to if they want to know behavioural finance. Or how a Random Walk works. They should also know that Nasim Taleb has written more than one book. […]
A new agent joined a private life insurance company. He took about one month to start and then started blazing all records in sales. Like they say “Din Dhugni raat Chougni” sales was happening. He was brilliant, absolutely brilliant. His immediate manager wanted to go with him on a sales call – one does not […]
It is easy for fund managers and television anchors to talk about index being at a pe of 15…but let us not fool ourselves. There are many shares at pe of 58 and 38 – L&T, Tata Power to name a few. How does one deal with these companies? Well a little differently. Why should […]
For many of us who deal with life insurance, we dread the call from the client’s nominee asking for a claim form, do we not? However, do we expect a call from a client to say “Thanks for the term life insurance that I took from you last year, I am alive, but am […]
Why are gold prices going up? There is actually only one answer – the demand for gold is greater than the supply. In fact this can be the only reason why the share price of any product goes up. Let us look at some reasons why gold prices have been going up – and I […]
Investors face all kinds of risks in the financial markets.There is credit risk – the risk that a borrower will default on an obligation. Liquidity risk – the possibility that you will not be able to convert a security into cash when you need the money. Market risk – the likelihood that the share market […]