http://www.subramoney.com/book-written-by-me/
A few days ago I wrote a post saying why I sold most of my shares in a south based sugar company. It was scary when Rahul Gandhi said – some of the losses have to be borne by the mills if the farmers have to benefit. Politicians can keep prices very different from its [...]
The easiest way to protect a portfolio from inflation is to buy assets that will benefit from inflation. Below are a few of them.
Gold
Gold is seen as a classic inflation hedge. However in India over the last 30 years it has not been a good hedge against inflation. Another issue with gold is one needs [...]
A few days back there was a post saying why you should buy gold. Of course there could be enough reasons to sell gold. I could not think of many more reasons, here are a few:
1. It is a contrarian call – when every body is buying, maybe selling makes sense (oops you could have [...]
A couple of days ago I gave you a few reasons to buy gold. Here I am giving you a few more reasons. However let me warn you that I do not have any trading interest in gold, but do have an investment interest in a company called Deccan Gold which is the only gold [...]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth [...]
Well frankly I do not know whether it is a good time to invest in gold or a great time to get out of gold. But let us look at the obvious reasons to buy or sell.
Obvious reasons to buy:
1. The world is busy printing money so value of currencies will fall but gold will [...]
Gold: buy or sell?
Most mothers (in India for sure, internationally, I do not know) are telling their sons and daughters – Gold is far better than the shares that you have. In the last 1 year it has given 32% return vs. -45% in your shares, so buy gold.
To most common people this looks like [...]