You visit any public forum and there are a few thousand people offering FREE FINANCIAL ADVICE. From which credit card to buy, which ulip to buy, which mutual fund to do a SIP, whether compounding works, whether compounding works only for debt instruments – today everybody has a view on everything. Great. Only that most […]
A couple of days ago I got a mail saying “Insurance is a waste of money. I am 72 and never needed it”. It is such an amazingly stupid statement I could not believe it. ‘I’ have not needed it does not mean ‘nobody’ needs it. So it is foolish to talk like this. It […]
Long ago Money Today had asked me to do a book review of El-Erian’s book on risk. I have always liked his views which have been a little off beat, and willing to go the extra mile. He is also on the advisory panel of Obama’s Economic council..and here are some of the things that […]
So many young girls in their 20s and early 30s are faced with this question about 6 months into their pregnancy. It is not an easy question to answer, but answer they must!! Should I be a stay at home mom? should I be a housewife? Should I give up my Rs. 1 million job? […]
Many a times I have been asked what to look for in a company before you decide to buy a share. Let me tell you what I was asked to do by an FII running an International Blue chip fund. Their definition of blue chip did change from market to market and the markets that […]
When I started buying direct equity (largely driven by one brokerage house) we used to use words like value investing. For me dividend yield was a huge attraction. So Pressure Cooker Alliances (Hawkins!), Tata Power (dull boring power company with 7% dividend yield), VIP Industries (etc. etc.) were good shares to buy. Later on I […]
this morning I posted saying ‘mutual funds are risky’ – some of the things that I know are unprintable, so I will not write about this. However Mr. Kaul has written an article about debt…read this here https://www.equitymaster.com/dailyreckoning/detail.asp?date=10%2F27%2F2015&story=4&title=What-bankrupt-Indian-business-groups-can-learn-from-Genghis-Khan while reading this…note down the names of the companies…and then see how many mutual funds are holding […]