http://www.subramoney.com/2011/09/my-lessons-in-equity/ Please read the above-mentioned post. As well as the comments, and I will give u an update. Now an update on this post. Mr. R is known to me and I called him a few days ago. This was because I was taking a trading position in Hindalco – at about Rs. 92. I […]
There is Gen X which believes that the next generation – Gen Y – is the ‘entitlement generation’ . I have a slightly different view. The Gen X has in many cases exploited their parents – right from looking after their children, using their services like a servant, occupying their houses – there has been […]
Today there are people who live up to the age of 95 as well as those who die at 59. Some of them have very smartly multiplied their money and some live on a hand to mouth basis. Depending on what your parents have done, and what you have done with your own life, […]
When it comes to buying any asset – I am using the word loosely there is a tendency to borrow. Borrowing actually helps you immediately by allowing you to buy beyond your means. The problem with most things we buy is that once we buy it, it ceases to hold any attraction for us. […]
Most people invest in equities, debt, real estate, …..and I guess they invest so that they are able to sell it at a premium later on, right? Well, when people speak to me they say “I bought a house for Rs. 80 Lakhs in just 10 years it is worth Rs. 1.9 crores”. Nothing wrong […]
I know I have touched a raw topic…so here are 2 versions. Rather I will give you 2 views, you can take whatever you want! Parents argument about this topic: 1. We looked after you, so you should look after us. 2. It is your duty. We looked after our parents, so you should look […]
an old article being reposted. Look at both these stories from a personal finance point of view…I believe Naushad wanted his family to go through a lot of trouble, but not confirmed…read on…. There are two news items in today’s Times of India – both related to personal finance. One is about Naushad (who knew […]