REMEMBER INFLATION IS NEGATIVE COMPOUNDING!! The power of compounding – inflation is negative compounding! Over a long period of time all things get expensive. Remember the first time your mom sent you alone to buy bread? What was the price of bread? Re.1? Rs. 4? – well today it is Rs. 30. That is inflation. […]
At the beginning of your career you tend to be a little scared of failure. So there is a tendency to grab every client who comes your way..so in about 10-12 years time you have a large range of clients – different professions, different geographies, different personalities…It is time to now make a ‘list of […]
I got 3 messages from friends…’what to do ..markets have lost 400 points’… I had a word with my broker..and decided to buy a few shares WHICH WE WERE ANYWAY PLANNING to buy. We had decided to buy them today as it was the last trading day – for FnO – last Thursday of the […]
Investing in the share market is nice. However just investing a small amount and getting excited about the ups and downs is what most people end up doing. INVESTING REASONABLE CHUNKS and creating wealth in the share market is a skill – and very much doable. The question is how many people really end up […]
I have met 4 people who have lost large amounts of money in the share market (relative to their net worth). Let me talk about them today – One doctor’s son lost Rs. 4 crores about 5 years ago. One Sub-broker lost about 3 crores about 4-5 years ago, and two housewives lot about Rs. […]
This is purely fictional. Caveat: Any inaccuracies please excuse theknow author …. Client: Mr. X I wish to buy Bournvita Shop keeper: Sir you could try Chocolate Horlicks too – it tastes and costs similar… Client: No. Gimme Bournvita Shop keeper: Sir I am sure you know how to use it…!! Client: I can read […]
If you just commissioned or enlisted or joined indthe Indian army (navy, air-force) . here are a few things you should do in the first 6 months of your new job. If you do these things you’ll be ahead of many of peers and you’ll thank yourself immensely down the road when you’ve set yourself […]