A hotelier who puts a board saying “The owner eats here” is supposed to be a good hotelier. He eats his own cooking. However should an IFA (Independent Financial Adviser) or a bank RM, or a Life Insurance agent have his own Adviser? Or should he do his own financial planning? I do not know […]
Now that we know that the Fed did not change interest rates in Sep 2015, we can peacefully worry about RR’s next move. I was amazed to see 2 smart women discuss what will happen in the market… Lets face it, the equity markets depend on: Earnings of all the companies in the market / […]
What is the PE ratio? Ask a Fundamental Analysts and he goes gaga over PE and how it is the best way to decide whether to buy or sell. Great. However when a FA comes on Television he also uses words like “but the share has been heavily oversold”. The anchor in all earnestness goes […]
By now everybody knows that JP Morgan bought a lemon from Axis Bank. Name of the lemon was Amtek Auto. Well it does not matter. Name of the Fund: JP Morgan India Treasury Fund. What should a Treasury fund contain: Government bonds. (look up Wikipedia please). Who is to ensure that a Treasury fund should […]
When a friend had a job offer from a very good company he could not move. The reason? He said (almost his words) “Subra I have been with these brothers (not mentioning the business too much of a give away) for 14 years, they have been good to me, and I know that I am […]
Many a times people ask me for a ‘one pager on financial advice’ that one can give to a 23 year old. So here it is: Success in life comes from investing. So first invest in a good education. There is nothing to beat a good education – a good institute, a good library, some […]
Ask yourself one very important question: Are you happy with what you are doing or are you a slave? the definition of a sudra was a person who was always told what to do..or he was like a slave. Consider this – if you have a lifestyle you do not like (I am moving from […]