There are only two types of players in the market – Investors and speculators. Of course for many of us the line is very difficult to draw on a transaction to transaction. My investment in Hdfc clearly is as an investor, and my investment in South Indian Bank was as that of a speculator. However […]
When the father of a girl called me to ask about a boy (marriage reference), I said nice, glowing things about the boy. Fairly obviously I knew the father in a professional context, the girl in a social context and the boy was working for a company owned by a friend. I did not […]
Srikanth Meenakshi of Funds India and the new author Ranjan Verma are having a Great Debate on Mutual funds vs ULIPs, and I have read both their posts. R V is an ex LIC person so to the extent that he believes that ULIPs are better, and LIC ulips are best is a fair […]
I get this question so often…and I have written about it too in the past…but here once more. Whether to repay off a home loan or invest the money in a retirement fund is a question which is IMPOSSIBLE to answer without knowing the full facts. If a person has a home loan on a […]
However a bad year is rarely followed by a worse year (yes it has happened in the past, but I am taking a calculated call!)..which means a NEGATIVE 25% will not be followed by a negative year. So assuming that the index’s starting point is 15,500 for Jan 2012 (I am writing this on 2nd […]
I am not sure whether this is a compliment or an insult, but a CFP told me ‘what i like about your blog is you tell people what I love to tell, but cannot’. Ok let me summarize some of the shocking things that a financial planner would like to tell his/ her client, but […]
“New Year’s is a harmless annual institution, of no particular use to anybody save as a scapegoat for promiscuous drunks, and friendly calls and humbug resolutions.” – Mark Twain so just go and make your humbug resolutions….