The equity market is like a lion. When you see it take a couple of steps back, it is not to run away, but to spring with great vigor. Ok this may not sound too great, but you may not have heard it anywhere else too! You have been hearing Bill Gross saying ‘Equity […]

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I am not even getting into ‘Ulip vs Mutual funds’ – the experts know it, right? I am trying to see what are the mistakes they make when they buy Unit linked Insurance plans. This is not an exhaustive list, it is just on the basis of interactions that i have had with my readers […]

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  Will the market recover? When, not whether is the question. If my students do not ask “When will the market touch 21000 again?”, I ask them the same question. The most optimistic answer I have got is 6 months and the most pessimistic answer I have got is 2 years. Very clearly short term […]

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When a banker aged 58 buys a UNIT LINKED PLAN…do you feel sorry for him or say ‘well all your life you did to your clients did you not?’. A banker spends all his life dealing with legal documents, he knows the value of the signature that he puts on the paper, correct? He is […]

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When a person joins a company (actually any job – bank, government, army, private sector….) he/she gets an appointment letter. This letter has a ‘Gross Cost to Company’ figure…which looks good and impressive…say Rs. 600,000. Now the kid who gets this letter thinks he is going to get a cheque of Rs. 50,000 every month. […]

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Mostly people tell you ‘I bought a house for Rs. 50 lakhs’. Great. A house is rarely just the cost that the broker told you when you bought the house. Have you seen what are the associated costs? Cost of the house is Rs. 50 lakhs. Assuming you did not have any money for down […]

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You may have read it earlier. Elsewhere or here itself. It may have had a different title, but the principles remain the same. Let me tell you the MOST important investment steps: 1. Learn, know and Understand YOURSELF: This is not so simple. Just too many people I know will say ‘I have to make […]

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