A survey in the USA – the land where ‘Greed is Good’ was created and is defended – showed how people with MORE actually are NOT liking it. Just check what happens when you have more. It actually forces you to choose – whether it is shirts, pants, a big menu card, a coffee shop […]
Most parents I know support their children through college. Fair enough. Then they pay for the ‘higher education’ – this means an MBA. Not fair, but very unIndian to say ‘go get a loan’. So it is all right. Then they support them in the ‘early’ part of their lives with a car, a down […]
It is amazing how people will not do simple things to make money! Start early, index your investments, do not interrupt the compounding process…..but will continue to do stupid things. In 1600 it was tulips, in 2012 it was Social Media! The fall in market capitalization of Groupon is about US $ 20 billion, and […]
The equity market is like a lion. When you see it take a couple of steps back, it is not to run away, but to spring with great vigor. Ok this may not sound too great, but you may not have heard it anywhere else too! You have been hearing Bill Gross saying ‘Equity […]
I have written tons on how to invest…and clearly I think reading the investment MAGAZINES and watching TV are no-no-never in my scheme of things. read selectively, switch off the tv and stay on for the long term….have been my mantras.. but here this is what Fool.com has to say http://www.fool.com/investing/general/2012/08/14/3-simple-ways-to-stay-sane-in-the-market.aspx#.UCxGGKnibxo
When you have lived too long in a very comfortable style, you tend to lose perspective. I meet extremely rich people, reasonably rich people, rich people, and middle class people. And the richer they are, more they seem to be cribbing. ‘Why pay Rs. 25 Lakhs for a parking ….’ or ‘Mumbai has no […]
I am not even getting into ‘Ulip vs Mutual funds’ – the experts know it, right? I am trying to see what are the mistakes they make when they buy Unit linked Insurance plans. This is not an exhaustive list, it is just on the basis of interactions that i have had with my readers […]