What Warren Buffet says about basic investing, spending, savings are so true, that MOST of us know it. However too many of us do not live it. So it is useful if once in a while somebody can just rejig the memory. If it does make a change in your life, thank HIM (I [...]
The problem with risk is it is generally not visible. In most cases we wish to avoid it by PRETENDING that it is not there, or ignoring our inner voice which keeps telling us that there is risk. The worst thing is Risk is counter intuitive. Let me explain. In 2007 end and perhaps the [...]
Fund Managers need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where a PMS can step in. However I would recommend [...]
Not sure how many of you have heard about the book ‘Investment Fables’ – it is a book by Damodaran, and an easy read for the layman. It is not a typical alpha, beta kind of valuation book. This title may not be exactly appropriate, but it is actually a response to many many [...]
So when you are worried about the ‘growth’ shares you should invest in dividend oriented shares or in dividend yield funds. Right? Wrong, well at least partially wrong. If you think you will get rid of your bank fixed deposit yielding 9%p.a. and invest in an equity share that yields 6% p.a. (and hoping [...]
If I did not know how the government works (no even now I do not, but some readers may think I know), I would have believed that the brokers association has done a good lobbying job. That does not seem to be the case. However the RGESS (Rajiv Gandhi Equity Saving Scheme) is likely [...]