The common man who reacts to the media sharks normally misses the sharpest fall, and many a times the sharpest rise too. So typically he will read the papers today (Monday morning) and react on Monday (25th Aug) right up to say 10th Sept. So the market which came down from about 27000 to 25500 […]
Markets fell 1600 points, let us put it in perspective. If the index was at 1600, it would have been a 100% fall. End of stock market. If the index was 3200, it would have been a 50 percent fall. This too has not happened. At 30,000 it is a 5% fall. This is PAR […]
This is really a very brave post that I am attempting, caveat emptor. Buyer Beware. Clarification No. 1: the past is not a great indicator of the future. What happened in the past may / may not happen in the past, and the growth trajectories could be lower. For example the YTD on Nifty as […]
Long ago when I had many brokerage clients and we ran a business, my partner asked me “how many diwali greetings do you need” and I absent mindedly said 2000-2500. He said be specific. I looked up and he said “look we have cards of last year lying in the loft which we have not […]
You have slowly, but surely built a nice nest egg. You are looking forward to a long retired life. You have a nice mix of assets, a mix of income streams, and you are confident that age 60 to end of life is well planned. Is there ONE thing which can completely destroy your retirement […]
Aswath Damodaran – what a brilliant piece on China and valuation….read on http://aswathdamodaran.blogspot.in/2015/08/beijing-blunders-bull-in-china-shop.html
Let us look at what assets you are likely to draw upon while in retirement, and how it is taxed. By the time you retire you would have accumulated some direct equities, mutual funds – debt, equity and balanced, own provident fund, gratuity, public provident fund, Nps, bank fixed deposits, bonds, real estate, retirement plans […]