Most of us cannot estimate our expenses at retirement. Even people who are now 80 cannot say with certainty how much money they need for the remaining part of their life. I was set to think by a tweet of a senior person in the asset management industry. I quote (please pardon me for the […]

Markets – equity or otherwise – exist because prices can go up or go down. How would it be if markets could never go down? People will pay an infinite PE – there is no risk of loss= and hold permanently for the rest of their lives. Like PPF. Since there is no default risk […]

Let us go back to 1999. A fund manager – let us call him – Amit Sitaraman – was a successful guy who got you 3.8% alpha. The media ate out of his hand and he pooh pooed the index funds. He was not really competent, he was guessing, and his company did not have […]

Recently a friend lost his father. The father did not live a luxurious life, but we all knew he had money. Maybe he wanted to leave it for his children. He did exactly that – Rs. 9 crores. This is not the first story that I have heard, nor is it the last. He has […]

We in the BFSI space have made it look good to call yourself an Investor and crass and crude if you claim to be a trader. So even people who trade about 40% of their portfolio regularly will not admit to being a trader. They are more likely to tell you that “I am an […]

Misconceptions of Early retirement https://edelweissfintalk.podbean.com/e/edelweiss-fintalk-episode-22-roadmap-for-millennial-to-retire-early/

Many people ask a simple question : “I am a retired person, I want returns of about 10% on my corpus, but I do not want to take ANY risk whatsoever”. In a country where the most successful banks pay about 8% p.a. to a senior citizen, why do you think you DESERVE to get […]