Well, well, since I run a blog and not interested in your business, let me be blunt. No. Never. Nyet. Simply because for me the cut off for investing in equities is 10 years. So at 10 years at least I will consider a 90% equity portfolio. However I will start re-balancing from the 12th […]
Read it here only. Our venerable financial media is sure and convinced that a) all ulips are terrible and bad and b) SIP is the new Amrut. Even an excess cannot be bad c) SIP is the solution to every problem in life. Let me now tell you when SIP will NOT WORK: In the […]
I was surprised at the number of doctors who had lent money to their friends and relatives and lost both the loan and that friend! At least in the Indian context it is common to find friends and relatives wanting to borrow money from you. How can you – whether you are a doctor or […]
When you are part of a Conference call with other ANALysts it is easy to see the ‘favorite’ analysts being praised by the management, and the reverse too. Some companies (mostly Mumbai based and privileged) can make it so obvious that it is easy to predict how many times the words ‘great’, ‘very good Quarter’ […]
I have been a big proponent of investing in mutual funds – and I do believe that asset allocation is the MOST important thing. So if a person is wanting to put say Rs. 5000 per month in non debt funds (read balanced and equity) out of Rs. 80,000 investible funds, he should not spend […]
sadly BFSI finds no money to do research on Indians financial behavior. Our regulators are busy building their fiefdoms and cash kitty. So we have to see what the Americans do…and hope that Indians do the same thing See if you can pass this test… http://www.marketwatch.com/story/most-americans-failed-this-eight-question-retirement-quiz-2017-03-23
I was wondering whether I should single out lawyers or doctors for a post like this. Then I realized that all of us – MOST IMPORTANTLY CHARTERED ACCOUNTANTS TOO – need to know some financial does and do nots…so here it is… As soon as you start your practice (even if you get a job) […]