We want a swanky airport like New Delhi. We tell our friends Delhi airport is better than…..name it and it is likely to be true. However if DIAL were to levy a Rs. 350 levy on passengers, we do not wish to pay it. We want good, swanky, financial services companies – mutual funds, […]
Is this a question that has been uppermost in your minds? I have been saying ‘do a good SIP in a good fund and go to sleep’ – and I have been blunt enough to say which funds too. Now is this applicable to all the people who read this blog? No. Of course not. […]
http://in.finance.yahoo.com/news/how-much-can-you-lose-in-equity-.html Well just too many people have no rules, limits, …and have no clue on how to invest in equities. These people can, should and do lose their shirt, pants and undergarments…..and deserve it. Completely. Let us say you are a well qualified, sensible, boy or girl and wish to invest in equities. Well if […]
If you qualified in 2007..and started a SIP in 2008 in a long term equity fund, chances are your account is still in the red. Trying telling this kid ‘In the long run you will make money’. Even well qualified and older persons are finding it difficult to believe their ‘wealth creation strategy of doing […]
Will the market recover? When, not whether is the question. If my students do not ask “When will the market touch 21000 again?”, I ask them the same question. The most optimistic answer I have got is 6 months and the most pessimistic answer I have got is 2 years. Very clearly short term […]
Are we in a slowdown or in a recession? Well, nobody has an answer to this question. When we see the media hysteria we keep wondering how ‘shriller’ can the voices become? If you are in the middle portion of your life and surrounded by EMIs for your house, children’s education, car payments the […]
A few days ago I did a post saying you need Rs. 3 crores (allocated among 3 asset classes equally) – most people reacted saying ‘this is too much’. Let us take an example. If you were to go from your house to office (a journey that you undertake every working day) and you needed […]