I regularly get calls from people wanting to invest in Real Estate. Some of these callers are perfectly good investors, understand IRR, risks, returns, etc. HOWEVER they ALSO get blinded when they hear something. So how does this conversation go (normally) is as follows: ‘Subra I wish to buy a house in XXXXXXXXX . Me: […]
It was in the month of May 2013 that debt funds looked good! From June onwards there has been a lot of turmoil, and in July and August all of us have seen a lot of turbulence in debt funds. For those who invested in Gilt funds, my condolences. The people who invested in Corporate […]
We are amazingly smart people and remember all that we did, right? No. Wrong. Let us criticize the MI management for a minute. They gave up Dinesh Kartik, Maxwell, Jhonson , but kept Harbhajan, zaheer khan The question is what made them choose the latter and give up the former? Well I assume that a […]
What does the country want from Na Mo? Frankly Judicial reforms, Police reforms and generally good governance. However what can one expect from Na Mo (Wishlist?) from NaMo: 1. Quickly get rid of the politicians from the PSU boards and get rid of the rent seekers. 2. Ntpc, Nhpc, Bhel, Coal India, Sbi, Ongc – […]
‘Money is a Man thing, and Cooking is a Woman thing’ – most people are brought up with this stupid belief. It is not as though they are told explicitly, but by behavior. The son is taught banking in class 9, the girl is taught how to buy vegetables. Such stereotyping may be bad, but […]
Most people who have no borrowings (visibly) think they do not pay any interest as an expense. Well, they may not be paying interest knowingly, but there could be other forms of interest. What if you are paying rent? What about a car taken on hire? So if you have your own house, own car, […]
It is easy for some of us to write an article saying ’10 questions for which you do not have an answer’ – what such an article does is it creates panic. Let us say your wife reads an article saying ’10 retirement Qs which you do not understand’…these are actually leads to push / […]