Investing, Trading, Speculating, and Gambling. If you cannot distinguish between these words, you need to be doing a SIP in a mutual fund and not bother about direct equity at all. Gambling is exciting, Gambling is fun, Gambling can make you very rich – well that is what you think. This is of course wrong […]
You just lost your watch. An expensive one. Or your cycle. Or worse, your lens which you had bought for 450US $. What is your immediate reaction? Anger? grief? ‘why me’? – it is natural. Have you tried ‘Gratitude’ as a reaction? Sounds funny? It sounded funny to me also till about a few years […]
People who are planning their retirement (that means all of us including those who are retired) must ask themselves a few questions…let me enumerate a few: Is your retirement by choice or by force? If you are an employee the chances are that you will be forced to retire at the retirement age – which […]
As usual let me start with a caveat. To join a media house and do financial journalism there is no great qualification barrier. There is no training that is necessary. If you took the trouble to learn and get trained, great luck. So our financial journalists do not use very clear terminology, but here is […]
There are a few Investment myths which are so prevalent that I do not make too much of an attempt to break it in private conversations! When I am in a crowd or a group people do step up and ask ‘what do you think the market will do’. I actually do not have to […]
Over the past 2 years there have been many bond issues by the PSU bodies and all of them were fully subscribed. IN fact even the Green Shoe option was filled up. However when I spoke to a few people they were worried about the liquidity of the bonds. Sure the markets are not too […]
One young girl called me to say that she is going to change her adviser because he lost money for her. Great I said. She sent me the details..yes of course she had lost money in the past 7 months. About 1.8Lakhs. Not a small amount at all..on an investment of about Rs. 15 lakhs. […]