When a bank sells you more and more products what they say is “we are deepening the relationship”. Well, well. The bank sells more so that they can earn more. Should they cross sell? mis sell? Well I would like to (make it love to) ..I would love to do the home work..and grill many […]
Some of the myths..that we told you and ..well…lets see what they are: Your interest and your broker’s interests are aligned: Sorry. This used to be true when we were a few individuals who knew the customers, spoke to them, planned for them etc. Today your broker employs ‘relationship managers’ who have revenue targets, and […]
Sadly markets do not tell you in advance ‘the next 8 months are going to be a bear phase’…so whether it is a market correction or a bear market. So how do you know how to react to a bear or a bull market? Well lets say you started investing in 2015..and you got 12% […]
This is a post that should be read by all 23 year old kids. If you did not read this when you were 23, read this now. However, make sure that you get some other 23 year old also reads this….and see what works for whom…. Saving more is good. However to get rich, YOU […]
Let me warn you. This post has nothing to do with Narendra Modi, whose birthday was celebrated yesterday. It is a piece which will require you to use your a) school learning which you forgot b) Google, c) dictionary and d)Wikipedia. Read it para by para – Taleb says it takes 5 minutes to […]
Why is it that Kapil Dev or Sachin Tendulkar did not become a good captain, mentor or coach while Rahul Dravid is a truly inspirational speaker? It is not very difficult to find the reason. All 3 of them are immensely talented, have an awesome attitude, and have trained and practised like mad to reach […]
If you cannot see risk in the article tagged here….please stick to bank deposits, PPF and LiC classic endowment policies (at least let the nation benefit). http://m.thehindu.com/business/Industry/tiruvarur-surprises-uk-company-with-quick-investments/article9108106.ece I hate to admit that I have not read beyond this article…but let me tell you where is the risk… State Bank of India pays 7.5% p.a. interest […]