Pessimism about the markets? Well no. Not really, but can see some dark clouds: – the government’s inability to control inflation – MMS acting like a rubber stamp for the Lady in White – Commodity prices – including crude of course -Interest rates HAVE TO GO UP to compensate for inflation. Sadly Indian population not […]
If you hear words like crashed, crumbled, fallen, broken the precarious levels of 5300, Telecom shares crashed on the arrest of…, Reacted downwards sharply, All indices are in the red, … you can be sure that the market fell by 240 points. Is 240 a big number when the index is 18000? hell, no. However […]
Many people deal with kids in a way that they think they do not understand money…This is very funny and sad. Let us run a checklist on what your kids are learning: – Do your kids realize that everything costs money? The domestic servant, the driver, electricity, using a house (rent), banking, investing – NOTHING […]
No this is not an appropriate title…just a controversial one…. I was wondering what to title this article….decided on this one. Well in the ‘electronic age’ there seems to be a disconnect between the body of the article and the title. Let me explain. Vidya Bala is a very sharp journalist who works with Hindu […]
Lot of young adults ask me “How to get Rich?” – and like I have always said..under their breath they utter “quickly”. Like one of the persons said ‘Sir when I say rich or wealthy..I see myself roaming the world in J class and skiing in the Alps, not sipping coffee in Switzerland when I […]
if you are an investment adviser…or a coach..there are 2-3 topics which get close to one’s heart 1. the most efficient use of one’s money and 2. start early and the power of compounding today’s Indian Express carries an article on Rent vs. Buy – funnily no Indian website carries a rent vs. buy calculator […]
I have always asked myself this question: Why do people work? Money, Fame, Success, Recognition…? – frankly all this is just an outward manifestation, is it not? We work to feel good about ourselves.Simple feel good factor. We have to like the place, the people, the atmosphere, ….in short we have to be happy at […]