Many people with reasonably well off parents and double incomes (however shaky one’s job is) think of themselves as rich. Well if not rich, upper middle class, but make rich choices. At times this can be funny, if it were not so serious. This actually comes from not understanding future uncertainties, return on investments, inflation, […]
There are some very difficult questions that an IFA has to ask a new prospect. Asking an existing client is also very useful, but asking a new prospect is vital. By the time you are through with this list you will realize why it is very difficult to be a DIY investor. 1. I am […]
When you see people make great noises about the equity market, you can only chuckle. All the learning leads you to only one thing. IT IS IMPOSSIBLE TO PREDICT MARKET DIRECTION in the short run. repeat IT IS IMPOSSIBLE TO PREDICT MARKET DIRECTION, SPEED OF MOVEMENT, ETC. IN THE SHORT RUN. having said that twice […]
here i am contradicting… read the ambit groups’ view…. http://reports.ambitcapital.com/reports/Ambit_Economy_Thematic_RealEstate_14Jul2015.pdf
One very important thing while investing is to know why you are making an investment. Can you make your philosophy as short as possible? Can you say when you are making an investment why you are making the same? Or how much do you expect? or…. Can you make a statement like this for all […]
booming real estate in Mumbai. Prices can NEVER EVER crash in RE. Sadly some of the commentators talk about a falling market http://www.dailyo.in/business/real-estate-rbi-ambit-capital-saurabh-mukherjea-sumit-shekhar-assocham-property-prices-nsso-capex/story/1/5047.html
Many writers including Vivek Kaul have a strong view that the existence of black money is what is pushing up the real estate prices. I have a different take. If the EXCESS SUPPLY of black money is what is holding the RE prices high, is it not the excess of BANKING money that is holding […]