I must consider my self very, very lucky. During the Harshad Mehta Boom, I bought an office space for personal usage. When the index reached 21000 I had no reason to sell. However just luckily I decided to get out of some very high price earning stocks like Tata Power, L&T, Hdfc, and invest in […]
The equity markets will improve in 3 months, 7 months, 9 months…..you have heard them all, have you not? Let us see what is likely to happen in 3 months. The global auto market will not improve, we cannot see any great recovery in the US auto – so the Indian suppliers will not benefit. […]
this appeared in the personal finance section of reuters.in under my byline Escape from Debt If all the people who talk to me are sensible, well educated people, how is it that the Human Relations Managers of many companies call me for asking questions like “Can we do a 3 hour session on how to […]
These days it has become fashionable to do articles on “investment myth busting”. Since I cannot claim to have started this myth, I need not end it either. Let us examine them slowly (One is what we can handle in one day) Myth 1: Stock market investments will always outperform bonds and fixed-return avenues in […]
About 4 years ago I was offerred the job of an Internal Auditor in a leading life insurance company. I did not seriously consider that option because I realised that the role would be that of a faithful dog. You had to stand in front of the Board and say things are just fine. It […]
A few days back I had posted some financial resolutions. I had promised to do a follow up on the same. Here is the first part of the promise. The resolution no. 1 was: I will write down my financial goals. I am sure, you are thinking Oh My God, this is boring. Sure. Success […]
As the equity markets have fallen 50% in this calendar year, 2009 markets have to be up! How appealing – and could it be wrong? You bet it can be. I am a little cramped for data – I have the March ending indices and just ran through it. It is not true at all […]