Why has the Sensex gone up in the past one month? Why has Reliance and Bharti gone up in the past one month? Welcome to Economics Class 101. Simply because there has been more demand for the share than there was supply available at a lower price. The buyer was willing to pay a higher […]
Many people keep wondering why the ‘poor’ retail investor does not come to the equity markets. Well there are many reasons, but here are some of the reasons that I have heard. Some from people with over Rs. 150 crores networth and some from people who think equity markets are gambling dens. 1. Poor corporate […]
Not sure if it is a coincidence that the number of investors in equities and equity mutual funds is falling. Most of these people are presumably buying property all over the country. You see a big jump in RE prices even in smaller towns like Kolhapur, Salem, Rajkot, Madurai and of course a runaway boom […]
Ask anyone about his financial goals and you will probably encounter a blank face and hear the wheels cranking noisily in his head. Most people have never given financial goal-setting a thought. Forget specifying actionable goals, they have not even seriously considered what things they desire. They may fantasize vaguely that a family vacation […]
This article appeared in Moneycontrol in 2007…(i have not changed any of the numbers!!) Every call on a financial planning client is a huge learning experience. No two situations are alike. Smart husbands, irresponsible wives. Super wives, bum husbands. Husband and wife brilliant communicators, cannot talk to each other. Been there, done it all. So […]
Reverse Mortgage has been made tax free! this is an amazingly good gift to senior citizens who are balance sheet rich and cash flow poor! Long long ago – to be precise in 2007 I wrote a few articles on Reverse Mortgage. Personally when I spoke to a few people in the mortgage business I […]
When many women ask their husbands -‘ how are our monies invested?’ men say ‘Oh do not worry about it, I am handling it well’. Either this could be true or false. More false than true I recently found out…so these are the questions that a wife should ask her husband: 1. Why are you […]