Which is a good product to take? Mutual fund + term insurance or unit linked insurance plans? Well it depends on the knowledge level of the buyer, and the smartness of the salesman (in India calling people who sell also financial planner is a regrettable fashion statement). Well, let us take a case of you […]
Does Citi have a capital crisis? Some analysts think Citigroup needs to take strong medicine – like a dividend cut – or risk further stock erosion. Fortune’s Peter Eavis looks at the books. By Peter Eavis, Fortune senior writer November 7 2007: 2:16 PM EST http://money.cnn.com/2007/11/07/magazines/fortune/eavis_citicapital.fortune/index.htm do read this article, if you are in doubt! […]
If you have read Investment Fables by Damodaran, you realise how for every situation (as it exists) a story is created. For e.g we have heard the following – have we not? Most of the world’s major oil deposits have already been discovered. China and India are consuming far too much of energy – far […]
Ben Bernanke, Alan Greenspan, P Chidambaram – all three are men with above average intelligence, and reasonably competent in their jobs. However, one thing common to all 3 of them is all of them are trying to play with the rules of economics. They do not let market forces play to the fullest extent. Alan […]
As is fashionable and necessary there is a discussion on a leading channel about how the market will behave. Of course to quote Taleb “Sensible sound bytes is an oxymoron”. So please listen to all the noise and come to your own conclusion. There is Shankar sharma who is predicting that the market might see […]
What is wealth? And what is having a wealthy mindset? I could have easily adopted the text book method of defining wealth – and there are many available. Instead let us look at mindsets. It starts from the basic question of “Why do we borrow?” Most of us will today not need to borrow to […]
SIP creates wealth in the long run, however it gives no immediate gratification. Equity trading (what the common man thinks is investing) gives immediate gratification and does not create wealth for the client. The broker wants him to trade so that broker’s wealth goes up. So what is the solution? Sell SIP in equities as […]