When the index is doing well….we all buy into the optimism. It may actually be a great time to review your portfolio and SELL the duds and perhaps be in an index ETF. This is a tactical strategy of getting away from the high Beta stocks to safer territory – if the market goes up, […]
When you grow up in Ghatkopar and live there for 3/4ths of your life, most friends tend to be Jains. So over the past 10 days a lot of them called me to say ‘Michhami Dukkadam’. And as is wont, I repeated it. Little did I realize that I am communicating far, far more on […]
One of the stupidest things I have seen people do while creating wealth is interrupting the compounding. When a person invests in mutual funds, unit linked policies, national savings certificate, ppf, direct equity, …et al it is fairly obvious that they will break something. Now if you suddenly need Rs. 2-3 lakhs from a portfolio […]
For regular readers of my blog this is the nth time that investors who do not have a goal find it difficult to handle volatility in the markets. If your daughter is 5 years old and you are saving for her education or wedding, how does it matter whether the markets touch 21000 or not? […]
In the year 2000 when the life insurance industry started and the BPO industry was booming there was a serious shortage of people in the financial services industry. So people were plucked from almost all other industries. Zerox, Canon, Eureka Forbes were regularly raided for sales people. FMCG companies were raided for marketing people and […]
I am not even sure whether a conversation or strategy which some of us use should be part of this blog. However as an experiment here is a trend in some of our portfolios. I have no clue whether it will work in the future, it has worked in the past – say 20 months. […]
As I know quite a few people in the BFSI space I try to solve problems at levels higher than the call center. However I have a Icici bank credit card. As long as there is no manual interference things go on fine. However this time I missed my credit card payment because their site […]