I have referred to investment risk very many times in the past. This is a really scary risk in the Indian context NOW, as the inflation rates are sky rocketing. What exactly is Inflation risk? Inflation risk is the danger that an increase in price levels (normally for a sustained period of time) will […]
There is not enough literature or education of how to handle your portfolio during your withdrawing phase. This is obvious – there is no money to be made withdrawing from your portfolio. There is a lot of money to be made while you accumulate it, but NIL when you are withdrawing it. Fair enough, right. […]
Let us get it right, the real rich do not borrow. Never ever for personal expenses, buying assets or personal INVESTING. Borrowing and investing is a very foolish thing to do for most people. Will a Mukesh Ambani or a Kumar Birla take a personal loan to buy shares? Tough to answer this question? No. […]
Every cheque that you write is either an expense, savings or investments. Sadly not everybody knows the difference between the three. In fact todays plan includes telling you that there are 2 types of investment too! OOPS, right? Ok..when you go to a hotel and pay for the food, it is an expense. This […]
Subramoney was the only blog which did not have a view on the most important media event of the day at 11am. So I decided to write my views (at 8 pm Wednesday) on PC’s budget to be presented on Thursday…here it is. It is the only post (I challenge you) to have such a […]
When you do a business, the Laws of Economics apply to that also. You buy things add your overheads, add profit and sell the product. Or you sell a product and from that you deduct all your costs and what gets left is profits. In the retail business – especially the book business – about […]
If your biggest buyer buys 80% of your production, he can control price. Economics 101. So Mr. P Chidambaram, the single biggest borrower wants to reduce borrowing costs. Nothing funny or odd about this, right? Well he borrows in many, many forms – and Indians (like many people around the world) LOVE ‘government guaranteed’ kinda […]