Retirement mathematics is a very complex one…and who knows that better than me! I have refined my calculators a million times and sought help from Pattabiraman (of Freefincal fame)…regarding volatility. However instead of doing a PhD in mathematics, let us look at some short cuts…. 1. The American belief is ‘you need to provide for […]
If you thought Madoff scandal would serve as a reminder against buying shit financial services you thought wrong. Simply wrong. Ego of the successful man is far easier to cater to…he/ she will fall for it much much faster. Sadly I know some of these ‘event managers’ , wealth managers, brokerage houses…and others who organize […]
There are a lot of things to learn form the Ramayana. I have done many posts in the past on such learning, here is one more: Look at Ravana, and see what are his assets: First of all by any standards the man was rich. Translate it to today’s terms – he could be an […]
Do we really know how much of life insurance do we need? Do we need a Financial Planner to tell us that? Why do all articles push financial PLANNERS so hard on us? Is there a big paid media move to make us go to a ‘planner’ a new found profession? People like me […]
So you lost a bunch of money in the market, right? You bought Crest Animation, K S Oil, Punj Lloyd. None of them are likely to be anywhere near your cost for the next decade or two. Or you bought Kingfisher shares because somebody came on Television and told you it is a great buy. […]
Over the last few months, I think I have underperformed the market. No clue simply because I do not remember ALL the transactions that are worth comparing. Let me clarify. I do trade on the portfolio that I hold. So if say I have 5000 Cummins and I feel it is over priced at 535, […]
Myth: Time in the market is more important that timing the market. This says that the longer you stay invested, the more chances of you making money. Again, only partly true. Good investors know that timing is all. While no one can call market peaks or troughs correctly all the time, we all can figure […]