When I meet older people aged say 45 or more ..they have amazing things to say…why they do not have money…as a younger person I may have passed value judgments…but now I am just enumerating them… Subra I earned less: a very common refrain from qualified as well as unqualified people! A qualified person who […]

Let’s say you have a stomach ache. You go to a doctor..and he says “loosen your belt..go for a walk around the block…and comeback”. You do that. He says “Good, my fees is Rs. X”. You pay the fees and go away. Let’s now say you have a stomach ache. You go to a chemist […]

Apart from his house he has a liquid net worth or Rs. 67 lakhs. This has to pull him through 2 daughter’s education, their weddings and his old age. He has one house in the South – where his parents are staying – and his father is only 78..and hence, theoretically he can stay for […]

A friend called me with a surprising question. Let us call him M.D. He bought a house in Navi Mumbai for about Rs. 180 Lakhs, – of this about Rs. 95 lakhs was funded by a loan from the State Bank of India. Over the last 4 years he had paid a lot of interest, […]

‘Subra you may be skeptical but I am sure that equity will give 19% p.a. return over the next 25 years” ‘Why should my client invest in equities if he cannot EVEN GET 18% p.a. returns over the next 20-30 years” ‘Why are you saying that what has happened over the 40 years will NOT […]

Having spent a real long time in the equity markets here are a few obvious things. However, some of it was not so obvious to me when I started out, and even now there are many people who do not think it is so obvious: It is ONLY the equity market that will protect small […]

What makes an investor happy, unhappy or plain miserable…I have often wondered about this..and here are some common characteristics…of miserable investors: They Pay too much attention to detail: They are new in the field, they join a few groups, read all magazines, news papers and can throw a lot of jargon. It does not matter […]