The Sun rises in the East. E = Mc Squared. Force = Mass * Acceleration. These are the eternal truths. It does not matter who measures mass and who measures acceleration, the answer remains the same. Now let us look at Equity market truth Equities give better returns than debt: Normally true, especially over long […]
When the Brits ruled India they created a huge mechanism of govt bodies to keep the people busy. If people had to fill up forms to buy a house, build a house, cut a tree, plant a tree, adopt a child, adopt a pet…..it means they got less time to think of how to get […]
well you find many wealth studies – some say yes, some say no. Let us look at the numbers…here is a calculator, but for those of us who are too lazy to use the cal..here are the numbers: If you go back to 1896 and had invested in DJIA – Dow Jones- and invested US […]
The biggest problem in Financial Learning or Financial Teaching is that the budget for training : budget for sales ratio is something like 1: 50 billion. Yes the sales budget for financial products is about 50 billion times the training budget for financial products. Suddenly there is a surge among Life insurance companies to sell […]
I got all this shit on YouTube….so not naming the channels…look for personal finance, mutual funds, life insurance, term plans…I will not name friends 🙂 If you can invest for 10 years…ULIP is a product better than mutual funds My take: I have ulips where I have made money. However I bought it long ago […]
I remember during my analyst days (omg how being a CA helped!) I would cross check figures form different senior executives / promoters and I would get different numbers. It always set me thinking about the CEO – was he really incompetent or was he just fibbing about the numbers, or had he just removed […]
I have been attending the MOST wealth study meets on and off. This was the first time I was attending in their brilliant atrium. I had seen the atrium of course, but had not attended any session there. The talk was good, the discussion even better. I will hopefully being writing more about the study, […]