Comments on: Worst Investment Advice ever

By: Ankit

Ankit — Mon, 08 Oct 2012 05:19:17 +0000

Very True! Specially the LIC one.

By: Jitendra n.

Jitendra n. — Wed, 03 Oct 2012 09:57:32 +0000

Sir
is investing in etf’s good idea? In current scenario please suggest some good etfs. Regards jitendra

By: Hello

Hello — Sat, 15 Sep 2012 12:56:01 +0000

When you are in to direct equity, u have to give 100% time in research…..lot of ppl out there dont understand balance sheets, DCFs etc…etc…they get scared by this many numbers…so they go to so called fund m(d)anagers….& may end up buying poor performing funds…..& go out of equity market…..

Simple way is to buy entire market vie Index….no need of analysis, no need of predictions…be happy with long term market return…….invest in collective luck of market then in luck of a single stock or fund manager…..

By: subra

subra — Sat, 15 Sep 2012 11:39:57 +0000

when warren buffet said ‘never ask..barber..’ he meant DO NOT ASK A BROKER. If you do not learn about equities, and do not invest in equities, you will NEVER amass wealth – unless you are doing your own business.

Child policies: completely avoidable nowadays.

By: Sreedhar

Sreedhar — Sat, 15 Sep 2012 08:44:39 +0000

What about child policies sir? Do they make any sense?

By: krish

krish — Sat, 15 Sep 2012 08:37:50 +0000

Let me understand what ‘equity investment can be learnt & has to be learnt’ as said in the article. Our country full of engineering grads thanks to mushrooming of colleges in every state (by the way half the seats in AP found no takers y’day, wonder how many can read & understand the balance sheet & annual report of any company.

Exposure to direct equity during training & initial 5 years of job for any youngster is a high risk game. We may then say MF route. Even this has made complicated given the several number of MFs and invariably they have to depend on someone to get the clear picture. It could be lack of understanding or no interest or any other reason, it is too difficult for most of them to grasp ‘fundamental’ analysis. Unfortunately today’s environment of investment is more of ‘herd/rumour’ mindset devoid any rational analysis.

We just have to remember the Buffet words that ‘never ask a barber whether you need a haircut’. In same line, don’t expect anything different from ‘equity gurus’.

By: Mira D

Mira D — Sat, 15 Sep 2012 06:37:25 +0000

You left out bank FD’s wisdom.

By: George

George — Sat, 15 Sep 2012 05:37:13 +0000

Good one Subra. I am a regular reader of your blog for the past couple of months. Keep writing for the good of the society.

Thanks,
George

By: vignesh

vignesh — Sat, 15 Sep 2012 04:44:59 +0000

Dear subra,

Absolutely true. Lic policies and ULIP erode half of the young savers wealth. (god! I am not the trap for that). Eventhough i tell my collegauges they are simply saying Guarantee!!!!

God s grace But i got escaped because of you.

thanks and Keep writing!!!

regards
Vignesh

By: Vidya

Vidya — Sat, 15 Sep 2012 01:41:58 +0000

While I completely agree – repaying ALL DEBT and then investing is not good .. if one gets a good windfall shouldn’t one look at reducing/eliminating debt ? Esp home debt ?