A bull market creates a happy mind set and a bear market (Ok, Ok, I am not saying we are in one) – whether for a short term or a longer term makes people anxious. Are you financially anxious? How does one deal with financial anxiety? Well there are many things to do. Your life […]
Living in a “socialist” country and having heard slogans like “garibi hatao”, nationalisation, etc. there was some chance that RBI governor does not believe in market economics. But USA? Aw, come on Ben has to believe in free markets, or so we thought. No. He does not. He comes up with aspirin for patients who […]
7 money lessons to teach your kids Tell your kids, ‘Money is the root cause of all good!’ Of course, the line is from Ayn Rand. We are in the grip of an exam fever with all parents busy with an ‘open day’ in school before the examination. Then, there will be a vacation – […]
By PV Subramanyam So, what’s a stock market investor’s best response to dropping stock prices? First, forget about rationalising and explaining (or listening to other people explain) why stocks are falling. It’s a pointless exercise at best, and misleading at worst. Second, file the painful experience away as a worthwhile reminder […]
It is so funny that when markets are rising, everybody asks you to buy, and when it is falling everybody asks you to sell! One commentator who unabashedly acused another big investor of “luring” the poor investor into the market (when the index was 7000), then changed his mind to predict 25000, then changed […]
Well he/ she should know life insurance and mutual funds for sure. Should know famous books and names of authors – so that they know where to turn to if they want to know behavioural finance. Or how a Random Walk works. They should also know that Nasim Taleb has written more than one book. […]
A new agent joined a private life insurance company. He took about one month to start and then started blazing all records in sales. Like they say “Din Dhugni raat Chougni” sales was happening. He was brilliant, absolutely brilliant. His immediate manager wanted to go with him on a sales call – one does not […]