Yesterday I saw Hawkins cookers offering 10.25% p.a. I like Hawkins – it was a company where I made a first fixed in 1975! Of course it has rewarded us as shareholders…but now I am digressing! If you are a SIP investor, you should NOT READ THIS POST. A view on the Macro is completely […]
Sebi has once again shown its penchant for micro managing. It is amazing how despite its track record of not achieving its stated objectives, Sebi does not give up micro managing. It is the job of the regulator to make rules and make sure that the rules are adhered to. For example ICC has a […]
When you are doing asset allocation, estimating time horizon is very important. Most people coming to meet me start by saying “Well, I am 54 years of age…insecure about my job and even in a regular scenario, I will retire at 58 years of age ..so I do not have a LONG time horizon”. Or […]
When is it too late to improve your financial life? 24? 34? 44? 54? Well, there is no time when you cannot improve your financial life. Normally, the financial situation is a scorecard of some good and bad financial habits that you have got over the years. So if you are a person to whom […]
Many people look for online advisory, and I know it is a big hit. However, I am too old fashioned perhaps to do it. Also too many of today’s advisers are perhaps impacted by the American websites and hence give advisory different from what I used to say. Or from what the investment Gurus say. […]
If you are/were a fund manager working in India (presumably staying in Mumbai) and did not know what was happening in ILFS, you do not deserve the salary that you get. Let me go a little further, you should be stripped off your degrees too. As a person dealing in shares, I have spoken many […]
Women need to think about money far more than men. More importantly they need to think about money far more than the men around them. Let us start at the very beginning. Girls are taught to be pretty, carry and purse and spend. Men are taught to build – Lego for boys and Barbie dolls […]