Americans do things in style. So whether it is getting into a financial debt trap, chapter 11 bankruptcy claims, or living far beyond their means, they have a term for all of that. Like subprime. Like lending $700,000 to a person earning $ 17,000 per annum. They create products like “interest only”, “balloon repayments” or […]
Today it is very easy to live beyond ones’ means. If you take any magazine you will find about 15 advertisements – of this about 14 will extol you to live beyond your means. If you can afford a Ford Ikon, they will urge you to buy a Honda City. If you can buy a […]
Which is the best channel to watch if you are an investor? Cnbc? Ndtv Profit? Zee Business? … Well what about Animal Planet? O.k. Okay…I am wrong, but please read ahead especially if you are asking me … Will watching Animal Planet help me answer the following questions? Will inflation touch 17% six months from […]
The easiest product to mis-sell in the markets for the past 2-3 years has been the SIP! Why do you ask? The answer is simple. The press has been supporting and extolling the virtues of SIP – we all are guilty of this including yours truly. However SIPs work over long periods of time – […]
Are we in a bear market? Well I do not know. But surely the index is a far cry from 21000 index that we had seen earlier this year. Is this the first time that we are going through a bear market in India? The answer is a mixed one. It is a no if […]
When it comes to saving and investing, people are obsessed with the returns they’re going to get on their money. Whether it’s debating the merits of a particular investment strategy, discussing the pros and cons of insurance, pensions and mutual funds (or increasingly unit linked plans) or simply searching for the best interest rate on […]
For many people understanding risk and preparing for the same is unheard of and non-existent. Here we are talking about a nice educated class of people who hold high positions and handle a lot of money. Like a friend says “Risk for these organisations is the quality of people they have hired to look after […]