Our education should help us think. I keep wondering, does it? Or does it get more biased? Do we get trapped into ‘socialism’ or ‘capitalism’ that we think that the other one will NOT, EVER, WORK? Do we think that big fund managers can do no wrong, speak no wrong and are somehow free of […]
I do equity advising for a few people – frankly just 5 people other than immediate family. And being able to do it for a fee is far far more difficult than what people think. I wonder how so many big companies do PMS for piddly amounts. To me it is not worth the time, […]
I get lots of requests from people for equity / mutual fund / investment related answers. Here is a post saying why it is very very very difficult to handle them. The typical queries are: 1. I have invested in IDFC Premier Equity fund. Should I book profits now? 2. I have a demat account […]
One of the fun things in life is to BREAK THE RULES. Please read this very carefully, I have said Break the Rules, not Break the Law. So first go and make some sold Investment Rules and make money by adhering to them. Then when you understand how the rules were made, and how was […]
Markets are up and your portfolio is doing well (presumably) and you are euphoric. You just started a new SIP and also put a lump sum into one of the funds in which you are doing a SIP. Or you just ended up buying some more shares of a company whose shares you already have. […]
I keep talking about having an Investment Philosophy Statement. What exactly is this? Well for an individual it should have the following: Objective, Constraints, Fears, Investing target, Asset allocation target, rebalancing strategy, Reasons or basis for change in strategy, Monitoring methodology. The Objective / Goal statement can be as simple as: Accumulating Rs. 10 crores […]
When you want to invest money, or even when you do not want to invest money it is your banker who knows about it. Right? In most cases yes. So you go to a bank and are wondering what to do…and there appears a Relationship manager. He comes and tells you the following: It is […]