It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
Suppose you have bought a policy from one of the life insurance companies (classic endowment) and wish to surrender it, what do you do? Go to the life insurance company and say “i wish to surrender this plan please”. They then follow a very complicated path and tell you how much they will pay you. […]
Well none of us know what next…but let us look at the crystal ball: – we are at 16,200 on the sensex as I write this post. Do not rule out a 25% jump in about 12 months time – which is more than 3 years yield in the debt market. – we all knew […]
Thanks to my historic interest in equities, I have some strong views on equity…like the following: a. a small broker cannot make money in broking alone b. a big broker can make money by MONEY lending to traders c. equity is a good investment in the long run d. short term trading is NOT investing […]
Recently when a friend asked me what are the risks in unit linked plans…I said Well Max New York Life has started a campaign saying “Our agents are different”..well I wish they say this to the client BEFORE the client signs up: Sir the following risks exist in a Unit linked Plan: 1. Buying […]
A thing looks expensive or inexpensive, healthy or unhealthy, good or bad – depends on the lens through which you look. Just change the lens from short term to long term lens, clarity comes on its own. Take a sweet for example. For the short term (30 seconds on the lips/tongue) it looks great, but […]
You may have read it earlier. Elsewhere or here itself. It may have had a different title, but the principles remain the same. Let me tell you the MOST important investment steps: 1. Learn, know and Understand YOURSELF: This is not so simple. Just too many people I know will say ‘I have to make […]