State of the market address…..

Subra, is this the best time to enter the market? Boys, girls, fathers, journos, readers everybody asks me this question, almost every day. Many want to see if I change from what I said the previous week, some to go home and laugh saying – see the market has come down ‘this guy knows nothing’, […]

Borrowing is NEGATIVE compounding….

  Most writers of personal finance have spent half their lives talking about the virtues of compounding, well, at least I have. So not compounding your money is bad. That is done and dusted. What can be worse? Borrowing. Borrowing is worse than not compounding your money – it is a case of NEGATIVE compounding. […]

Markets are in a bull run?

Let us face it, when the market was at 15000 most media stories were how: a) people had lost lots of money in the equity markets, b) how fixed deposits and PPF had given better returns over 3 years c) why people should be scared of the equity markets. One good thing about the media […]

Caveat Emptor….

Caveat Emptor ….is of course Buyer Beware…for the readers of this blog… Subramoney.com is a blog run by P V Subramanyam a graduate of Mumbai University. That is the only qualification he has…of course he has passed a few exams on accounting, cost accounting and secretarial functions. He is also trained as a lawyer. This […]

The poor American Investor/Saver

This is not restricted to US or India, it is a world wide phenomenon, but let us take a hypothetical case of a nice honest, hardworking lower – middle class American. He started life long ago and lived in the usual American style. Let us say he took a huge mortgage and bought a big […]

Investment lesson 101…

If you are wondering why I keep repeating some of these things, it is simple. I keep meeting people who make such basic, basic, basic mistakes in investing, that it is painful. I met a person earning Rs. 400,000 a MONTH being asked to take a Rs. 700,000 loan, BECAUSE the interest is tax deductible. […]

After MBA degree what?

Many kids or most kids should I say aspire to do their MBA. Sadly the MBA degree in India has too damn high a standard deviation. From the top range IIMs to the ones at the bottom, the gap is too much. The question is – if you are doing your MBA or have done […]