If you do not know why a big brokerage house is doing something, copying them because they are a big house is a sure way of wealth destruction. If you cannot find an attractive idea, keep your money in the bank account. Cash does not bite. If you want to trade, think like a trader. […]
I just met a 63 year old woman who had lost her parent. Even though she had a few siblings she was looking after her widower father alone. She was in a ‘old’ peoples home with hardly any friends within a nearby location. Her siblings had to fly in from various parts of the country […]
This is perhaps the most amusing comment i have read in recent times. I also like N Vittal’s statement – ‘you only hear bali ka bakra, do you hear bali ka haathi or bali ka Sher?’. Similarly for many of today’s writers (including yours truly) the easiest thing to do is to attack the bakra. […]
Two interesting conversations with two different Independent Financial Advisors was very interesting. It is worth mentioning here! Normally the word cheated or cheating is assumed to be associated with the client being cheated, but in these cases it was the adviser who was cheated. When I started my articles for doing my Chartered Accountancy in […]
I was just hearing a dialogue between 2 kids earning about 20k a month. Needless to say they have a hand to mouth existence. However one is the son of a successful (cash rich) father (employee in a psu bank) and the other is completely on his own (father does not support him). The topic […]
Uma Kannan wrote this piece on rediff.com….interesting..she called it “11 reasons not to buy ULIPs”. Easy to identify with some things she says…here it is…it appears in the Get Ahead section of the site.. I am sick and tired of writing about ‘should I buy a ‘ULIP or a MF‘ kind of articles. I know […]
I am very excited about doing a series of articles on lying with figures. One of my students sent me a Wharton study and the following line caught my attention. I thought it should be shared. Many of you have seen the ratings done by many websites about fund performance. “We are the world’s best […]