I know it is difficult for many readers to accept that they are poor because they call themselves poor! Have we wondered loud enough about is India poor? I regularly see articles and advertisement for houses costing Rs. 15 crores (2.5 million US $) – and many of the houses being sold out. Are they […]
A bull market (I am not saying we are not in one!!) creates a happy mind set and a bear market (Ok, Ok, I am not saying we are in one) – whether for a short term or a longer term makes people anxious. Are you financially anxious? How does one deal with financial anxiety? […]
I had done a post long ago about Debt funds vs Bank fixed deposits, with the conclusion that your Debt funds are an amazingly good thing to have. Obviously this is from the tax point of view. Many people asked me ‘does it mean we should not have any bonds in our portfolio’. Fair enough […]
In life we buy many things. Most of the products we do not understand the cost or the benefits, so we just go along and buy them. List it down. Toothpaste. Vegetables. Fruits. Clothes. Electricity. Soap. Timeshare. White goods. House. Travel. Car. Doctor’s services. …..let us assume that the list runs to about 100 items. […]
Sir John Templeton said that the four most dangerous words in investments are “It is different this time”. I am sure we have heard this a million times! “India is growing at 9%”, “There is no alternative for international funds” FIIs are looking for growth. At this growth rate, India is cheap! Correct. But please […]
As a rule I do not like to write political blog posts. It is not that I have not done it, but I do not like it… In 2014 when we voted Na Mo to power we surely expected to see some changes..let us see what state are we in today. Enough time has passed […]
When it comes to buying any asset – I am using it loosely there is a tendency to borrow. Borrowing actually helps you immediately by allowing you to buy beyond your means. The problem with most things we buy is that once we buy it, it ceases to hold any attraction for us. That is […]