Stock picking is a great profession and a very expensive hobby. However stock picking as a hobby will NEVER cease to attract men, women, boys and girls! They will just keep going at it, and it can hurt. Some important lessons: Stock picking is hard work. Real hard work. You need to read balance sheets […]
If you are not in the right books your life is doomed. No this statement has nothing to do with the Sahara life case, but let us look at what the press said about the Sahara Life business being would up and being given to Icici prudential life insurance. There are 3 stated reasons: Chairman […]
Let me tell you things that I have heard from Journalists.. Subra…. A retired person does not need life insurance Agents should be blacklisted for lapsed policies If disclosures are better people will buy more sensibly People do realise that they have bought a bad plan Term plans are 4% of the total insurance in […]
It is not easy to decide what to do with your assets as you get older. Here is a problem..feel free to write in your suggestions.. Let us say a person is 80 years of age and is dependant on his ‘interest’ income which is dwindling. He has a house worth Rs. 2 crores and […]
Those asking ‘when will the market boom’ need to be asked ‘what have you been smoking’? Look at the world markets and see around…I can see the following…can you? World wide boom except Russia and maybe a couple of others Most markets are near their top – say within 10% of its ALL TIME HIGHS […]
Continuing the gyaan series… Risk has to be managed BEFORE starting the journey, not AFTER the event happens Whether it is sex or investing – protection has to be taken before the event 🙂 Long term wealth creation has LONG PERIODS of wealth PRESERVATION, growth can wait Risk control is more GREED control in a […]
At the celebrations of the CA institute PM NaMo was the Chief guest and he said many nice things about the institute. He also said some unpleasant things about the institute. The worst thing is every Tom, Dick and Harry is using this and now saying ‘CAs are bad’. Now let us take Dhirendra Kumar […]