So here we are on 17th June, 2013….wondering what to do in the markets? Well, well God yesterday was father’s day, help me God!! So, what’s a stock market investor’s best response to dropping stock prices? First, forget about rationalizing and explaining (or listening to other people explain) why stocks are falling. It’s a […]
Many things in life are better achieved slowly if you want the gain to be permanent! Does this remind you of another boring task – the process of losing weight? If so, welcome! Investing and money management is a lot like eating. So is losing debt like dieting? maybe…maybe not. Is getting out of […]
I am not into celebrating any particular day as father’s day, but it does give a chance to sit and think about a particular person or event. What has been my Father’s contribution to my Financial awareness? Well nothing if you ask him. Truly, he has never sat down and said ‘this is money…this is […]
This is not MY original article, but a cut paste from Steve Siebold’s book How Rich People think. However the dark portion is his, the other text is not his, it is just some edited commentary including by yours truly… 21 Ways Rich People Think Differently Than Average People World’s richest woman Gina Rinehart is […]
The economists of the world make on amazingly stupid assumption: “Man is a rational animal” and this leads them to a belief ‘therefore he will do things which are best for him’. This means he will: a) choose the most profitable options – financially rational b) he will take a long term view of things […]
Yesterday I got 2 mails / comments one said a. your blog is too simple and the second b. your blog is too complicated. I could not agree more. This is like being asked to speak to school – and all the kids from class 1 to class X being the audience. It is really […]
‘Hello Subra sir where is the market headed’ Me: I do not know. Inv Aspirant: Come on sir, you have been so long in the markets you will surely know. Me: to know where the market (I am assuming you mean Sensex, which is a derivative of the top 30 stocks in the Indian stock […]