Make a portfolio of the top 10 shares that you would like to own for Rs. 1 million (total portfolio)…the upper limit is 10. You can choose to be more concentrated – minimum is 3, max is 10… I am not making my list – no need to bias you…
Your financial life is a function of 4 important steps that you should (or your financial planner should do along with you) – Examine (collect all your financial papers), Diagnose (educated examination), Prescribe (suggest suitable action), Do it, and Monitor. Doctors who can understand these steps in their profession – should realize that all actions […]
If you do not write down your Investment Philosophy, and you do not know what you are investing, where, and what is the goal, chances are that you have got your AA wrong. When it comes to asset allocation, whether you are a fresh out of college kid, a 34 year old father of 2 […]
The Sun rises in the East. E = Mc Squared. Force = Mass * Acceleration. These are the eternal truths. It does not matter who measures mass and who measures acceleration, the answer remains the same. Now let us look at Equity market truth Equities give better returns than debt: Normally true, especially over long […]
When the Brits ruled India they created a huge mechanism of govt bodies to keep the people busy. If people had to fill up forms to buy a house, build a house, cut a tree, plant a tree, adopt a child, adopt a pet…..it means they got less time to think of how to get […]
well you find many wealth studies – some say yes, some say no. Let us look at the numbers…here is a calculator, but for those of us who are too lazy to use the cal..here are the numbers: If you go back to 1896 and had invested in DJIA – Dow Jones- and invested US […]
The biggest problem in Financial Learning or Financial Teaching is that the budget for training : budget for sales ratio is something like 1: 50 billion. Yes the sales budget for financial products is about 50 billion times the training budget for financial products. Suddenly there is a surge among Life insurance companies to sell […]