It is easy for me to say ‘you should not take personal loans, because I have not taken’. It is so foolish too say do not borrow. Most people are borrowing out of compulsion, not love for the bank!! Nobody borrows if they can live without that expense. However people do borrow, and when I […]
The average return on equity investments (without reinvestment of dividends) is about 18% over the past 31 years. Does it mean that every year you got 19%? The answer is no. Such ‘zero standard deviation return’ is possible only in CERTAIN debt instruments. In equity investments there have been years of +242% as well […]
Though all of us love money, we are equal in our hatred for accounts! So we want the money, but not the headache of maintaining accounts, correct? Well if you wish to measure your success and are still using money as the medium to measure it, think again. What your kids think of you, what […]
REPOSTING FROM LAST YEAR…. Immaterial of your age..just go back and see who are the people whom you remember fondly? It is the people who taught you something – a teacher. This teacher could have taken any form. My mother who made me read Ramayana in 3rd standard (in an till then alien language […]
People keep asking me ‘Have the markets bottomed out?’ To me the answer is NO. I am not saying that you should wait for the bottom – I have my shopping list and have already bought some shares, but no we may not be at the bottom. Friday was a shopping day..and I did buy.. […]
was just wondering whether to write about other things in life like running, cooking, eating, reducing weight, increasing weight… when suddenly on FB I got a notification from a friend Venkat…saying ‘hey I have posted about my Leh crewing trip… remember he took leave, did not get paid for doing it….just got excited and did […]
One of the kids in the office said ‘I am planning to buy a house….what should I look for?’ I said house – I have no clue, but have friends in Hdfc and I can give you their numbers…and they may be able to help on the builder feed back… She said….No, no, I have […]