Is there a correct sequence of investing that a person should follow? Or rather is there a correct sequence of financial assets that a person should buy? I do think there is. Assume a boy/girl is from a rich family, there is a good chance that he already may have a savings bank account, maybe […]
We develop bad finance habits and poor food habits along the way. We may not be born with the same bad habits. However, for some reasons our parents, friends, etc. shape our health and finance habits. Should we take it for granted that we have the habits and we CAN DO NOTHING for ourselves? I […]
To create wealth you have to invest in good stocks, guard it like a hawk, and sit tight over it foour long times. In the meanwhile you will be teased, scoffed, scared, ridiculed, critisised, …… It is akin to Devi Sita surrounded by the Rakshasis constantly goading her to marry Ravana. They were PAID to […]
Do I really need an adviser, can’t I just invest in a set of equity funds by myself………asked a doctor. I said…. Sure doc finding some good mutual funds to invest is something you can easily do on your own, and you can invest However, let me tell you that ‘choosing funds’ is about 5% […]
But Subra you were a Naren fan even before his funds performed….said Prem Khatri of Cafe Mutual…. Yes, that is right. He is an awesome stock picker and I go back 19 years of knowing him. I have had many conversations with him and I can stand up for him and say the following: a. […]
So Icici securities comes out with an IPO with a price band, right? What is the price band? Well, that is purely academic, it was not a worry at all. The issue was expected to be fully subscribed at the upper end price of Rs. 520. From where did they get this confidence? From the […]
I wrote about this earlier, now repeating it after SEBI has cracked the whip. Rarely do I say nice things about the regulator, let today be one of those days. Icici Pru Amc in its wisdom thought that Icici securities OFS was a good investment opportunity. This is funny. I can imagine Ms. Chanda Kochhar […]