First of all let us be happy about one thing – we have enough money that we are reading about creating wealth. I can start a class by saying “by the end of this class you will all be wealthier” – all I have to do is distribute Rs. 100 at the end of the […]

I am a Na Mo supporter and a big beneficiary of his becoming the PM of India. When the elections were announced, I bought PSU shares (normally not a part of my portfolio) and I sold it as soon as Na Mo was sworn in. The logic? I knew it would take some time for […]

We are not a very equity oriented nation – and I am not blaming anybody – just stating the facts. I know there are many reasons, but that is for the regulator and the Government of the country to worry about, not this blog. What happens if say you are 28 years of age, earning […]

How the hell am I supposed to answer this question? This is a little old story..no names but the figures are more or less accurate. A young couple was meeting me for the first time perhaps and we were discussing their finances, how much they had invested, how it had grown, etc. etc. and I […]

According to Mark Galasiewski, editor of Elliott Wave International’s Asian Financial Forecast – Sensex will hit 100000 by 2024.   His report identifies India as one of the “baby bulls” along with Taiwan, New Zealand and Korea. I am not getting into whether it is possible or not. Frankly my wealth (or lack of it) is […]

we all need a home, yes. Some of the women can make a home to a house. Maybe not all can, but most can. So if you think RE is a good investment, you may be a little wrong. Or maybe right. What you cannot escape in India is the RISK associated with the biggest […]

The market is seen a lot of panic selling and the MSM is screaming “markets back to pre Modi levels” and other stuff. There is a very good chance that you will panic and sell. The same paper will scream and say “if you had done a sip in Reliance Growth scheme over 10 years…your […]