There are so many people today masquerading as financial planners, financial trainers, financial experts on media…I was amused when I heard the statement ‘Equity markets give good average returns’. If you ask me this is brilliant but useless advice! Why? Because to understand equity markets you need to understand Arithmetic Mean, Geometric Mean, Standard Deviation, […]
Whenever there is a group activity, and there are costs, pricing comes into play. The problem is NOT everybody understands costing. I would daresay that most people do not understand costing at all. Let me give you an example from a Running club. These are the costs incurred for conducting a run: Transport (Rs. 1200), […]
In the recent past I have made some mistakes in equities…here are a few…. 1. Buying EID PARRY at 155, then averaging at 140: I still do think that sugar being decontrolled is a good thing to happen, but this investment is going to take a long time to make money for me. 3 to […]
I have been wondering why some big company keen on E governance not coming up with the following services: 1. a centralized qualification database: a person should be able to convert all his qualifications, marksheets, etc into E form. 2. a centralized MEDICAL database: wherein all the medical records of a person should be nicely […]
Who should pay for the higher education of our children? Ideally somebody else. Like a scholarship. My niece is on her way to Harvard – and is being partly funded by a scholarship which is meeting about 50% of her TOTAL COSTS – and completely covers her tution fee. However not everybody gets admission and […]
How many of you sales guys out there will be able to sell a useless product to a BUSINESSMAN just because it is tax deductible? Not too many I guess…. Now let me give you 3 options. 1. Register your business as a ‘business of buying and selling shares’ and start filing IT returns. This […]
Where should an investor invest today? Equity markets? Real estate or Gold? – I am assuming that investors look only at these 3 asset classes – I do not know how to invest in horses, oil, other commodities etc. so I will stick to these 3 asset classes… Let us start with Equities. If some […]