You, and your family just spent the previous 2 weeks cleaning your house, right? What about a Diwali cleaning of your financial stuff too? Do not know where to start? Make an inventory of your financial assets: all your savings accounts, fixed deposits, mutual funds, life insurance policies, health policies, public provident fund accounts, house […]
At my age attending Investment Conferences is not of much use. Not that I do not have anything to learn, just that I do not have enough time left in life to be implement new learning. So learning is not of much use – except of course to write blogs. What did I learn from […]
Continuing the gyaan series… Risk has to be managed BEFORE starting the journey, not AFTER the event happens Whether it is sex or investing – protection has to be taken before the event 🙂 Long term wealth creation has LONG PERIODS of wealth PRESERVATION, growth can wait Risk control is more GREED control in a […]
Amazingly stupid thing to ask. Seriously amazingly stupid. Of course lumpsum IF YOU HAVE THE UNDERSTANDING AND STOMACH to take volatility. If I had Rs. 1.5 crores to invest today, I would take a bet on 3 shares, period. Rs. 5 million in each share and go to sleep. However if a school teacher with […]
There is almost NOTHING in the BFSI space meant to help you the COMMON MAN. All the tools and so called ‘useful’ things may have been created for you, but later on it became a big money making or harassing tool. Term Life Insurance – an excellent product when it was devised, but no longer. […]
When viewed as zcb (zero coupon bond with a 20 year duration) the share (including the mutual fund scheme with Growth option) looks like a bond that has a high credit quality, awesome liquidity, very low friction, a rising coupon and WE HAVE CHOSEN a very long time horizon. By saying that we will […]
This is a wrong headline, let me start by making a confession. I was doing ‘equity valuation’ – a sexy topic always for students and even budding fund managers. The purpose of doing this article was that I was suggesting to the class that valuation always starts with the bond valuation – and then you […]