Recently heard of 2 frauds in companies lending against gold…. One of the biggest risk in a single commodity lending is the risk of that asset falling so badly that it creates a lot of NPA in your books. Now the lovers of gold will argue till the cow comes home that this cannot happen. […]
I remember a few incidents very clearly. A friend was admitted in hospital for a heart ailment – and he was young at 32 years of age. The doc saw the patient and said ‘Oh it is a weight problem’ …then he saw the parents of the friend and said ‘Oh weight is a family […]
here is what I said on Cnbc TV…about investing in Mutual Funds…. there were 3 people asking questions…and clearly they were investing nice amounts for long periods of time. I think all 3 did not understand the POWER of compounding. the first caller was investing Rs. 15000 pm for a period of 20 years..and wanted […]
The most important requirement for a start up is not just PROFITABILITY, but also the availability of CASH. Cash flow is not the same as profitability – and many businessmen do not realize this. If you are a supplier of material which is not critical for a business, chances are your payment will be […]
Hi will be answering some Personal finance questions – with Latha Venkatesh on Cnbc Tv 18…. TODAY, FRIDAY, 17TH…AROUND 12.10PM i will be in the studio..may be starting around 12.20…live…
Here is a link to the thoughts of Warren Buffet… I more than agree with most of the article…also because I believe it, you could call it affirmative bias. I know people who have made fantastic returns in property trading, gold trading etc. However I do not believe that real estate, bonds, and gold can […]
It is the time of the year when HR and accounts people chase you for your ‘investing’ proof. So people ask me the following questions: – should I invest in equities? -should I invest in ELSS? or should I invest in bank deposits, nsc or ppf? And worse, some people think they are doing ME […]