Some general observations or Axioms: 1. Generally money brings happiness, but only up to a point. You need to choose that point for yourself. IN the US this point to be considered to be about US $ 550,000. In India people will be satiated at a lesser number I guess (apart from a stupidly inflated […]
I know it is difficult for many readers to accept that they are poor because they call themselves poor! Have we wondered loud enough about is India poor? I regularly see articles and advertisement for houses costing Rs. 15 crores (2.5 million US $) – and many of the houses being sold out. Are they […]
A bull market (I am not saying we are not in one!!) creates a happy mind set and a bear market (Ok, Ok, I am not saying we are in one) – whether for a short term or a longer term makes people anxious. Are you financially anxious? How does one deal with financial anxiety? […]
I had done a post long ago about Debt funds vs Bank fixed deposits, with the conclusion that your Debt funds are an amazingly good thing to have. Obviously this is from the tax point of view. Many people asked me ‘does it mean we should not have any bonds in our portfolio’. Fair enough […]
In life we buy many things. Most of the products we do not understand the cost or the benefits, so we just go along and buy them. List it down. Toothpaste. Vegetables. Fruits. Clothes. Electricity. Soap. Timeshare. White goods. House. Travel. Car. Doctor’s services. …..let us assume that the list runs to about 100 items. […]
Sir John Templeton said that the four most dangerous words in investments are “It is different this time”. I am sure we have heard this a million times! “India is growing at 9%”, “There is no alternative for international funds” FIIs are looking for growth. At this growth rate, India is cheap! Correct. But please […]
As a rule I do not like to write political blog posts. It is not that I have not done it, but I do not like it… In 2014 when we voted Na Mo to power we surely expected to see some changes..let us see what state are we in today. Enough time has passed […]