Now that we are in March and have forgotten our January resolutions, let us look at some resolutions which are easy to stick to: 1. I will have my breakfast regularly – every day – too many people have already told you the reasons, right? I will skip the reasons. 2. I will snack: Yes, […]
This is a true conversation which happened to a friend RM: Hello Sir Am I speaking to Mr. M C ? MC: Yes RM: Sir I am your RM from M….brokerage firm MC: Yes RM: Sir I see you have some Gold in your portfolio…Gold is not going to do well…s..blah…blah…blah… MC: Please see properly […]
Funnily if you go from thinking about your own wealth to world well being you may have guilt pangs. Take my portfolio. The companies which have made money for me in the long run have not REALLY done anything useful for the world. Let me list: Coromandel International (Chemical fertilisers, now making neem fertilizer too), […]
Amazing how people can do WRONG things, just because it is convenient. Had been to a friend’s house and his wife told me that they had redeemed some mutual funds to pay an EMI. I was quite perplexed because he had not told me about the new asset acquired – a Rs. 2.4 crore house […]
Getting rich and wealthy is something which everybody wants, but they spend half their lives (sometimes whole lives) trying to find short cuts. Sir Issac Newton, Mark Twain, Scott Adams – all have long tales of losing money. Luckily all of them did not lose their learning! Here are a few steps. Short and sure, […]
I have got umpteen calls from SBI Cards for giving me a Credit card. They took my details TWICE and I have not heard anything from them. No clue what’s up….but I still get calls. Now I hear that there is a phishing fraud from Morocco – and I have not seen any ads from […]
I recently read an article in a magazine saying that equity investments are easy to handle. It said you should invest in equities – and sell when you reach your level of expected return, then wait for the next bear market. I think it is an amazing idea, but misses the point completely. Let us […]