‘This time its different’ – is used so often, but rarely believed!! See the run up in banks? History may not repeat, but it does rhyme, and hey IT COULD REPEAT!! Saving, Speculating, Trading and Investing have different meanings in English language please! Risk and Return – manage risk and return follows. Chase returns, risk […]
A few reader queries and their answers: 1) Do you think pension policies from insurance companies make up for a good investment for availing pension? Why or why not? Answer: No. They do not. First of all thanks to some Quixotic regulations no life insurance company is selling a pension plan, so this question […]
What are the things that hurt a speculator, trader and an investor? Different things…but let us see… Leverage: Reckless leverage especially when you are dealing with client money or own friends, sibling, parents…money, Leverage can and does KILL. Using leverage is the equivalent of stepping off of a car and jumping onto an old 2 wheeler […]
Thanks to Retire Rich – Invest Rs. 40 a day still selling and long past the 150,000 copies that it has sold..I am now considered an expert on retirement. These are some of the calls that I get: Is there a good Senior Citizens home in Navi Mumbai? How much does it really cost living […]
Cheating! This title was just to get you here. The best investments in your life too have been made in school, college, home, ….you invested in education, health, relationships, NOT MONEY. When Azim Premji or Bill Gates look back they too must be realizing that their biggest investments or their best was in people, relationships, […]
As a person moves from age 22 to age 62…his portfolio too keeps changing. He/she gets some knowledge, some IFA advice, some Citibank’s help, some help from Motilal Oswal, some Hdfc bank RM, some broker, some classmate, blogs…and suddenly thrusts a ‘portfolio’ which he has created over time. Now if he has earned well, his […]
I know why Economics is called a dismal science – because economists and economic writers an see only the bleak part of life. They first demonised demonetisation. Then they took all deaths all over and converted that to a gau rakshak based lynching. Now they are saying GST can only create huge inflation and burn […]