I hope Dr. Khan finds this article useful…Arjuna seek your answers here: Many people have been screaming about real estate as an investment. Well I have nothing against it, except that I do not understand it. Given limited brain power, I would rather not do it, instead of making a mess of the same 🙂 […]
Recently when a kid wanted to borrow Rs. 20 lakhs, he went to a bank but got bad rates of interest. The documentation was painful, and the family was not sure whether it was the right thing to do. A rich uncle – actually his dad’s younger brother (kids chacha) offered the loan at exactly […]
Last week a media person asked me a very good question. I thought it deserved a detailed explanation. She said “The world has not seen such a turmoil ever. You can say keep investing in a SIP for 2-3-5 years, but where is the evidence that with so much of volatility, for equities to do […]
A few days back I wrote a piece on ‘Young, Glamorous, Riskless and Broke’. This was about the kids born in the 1980s. Let us take a kid born in 1987 – would have graduated in 2007-8 and finished his/her MBA in 2009. This was not a great season to graduate, but would have found […]
‘The biggest risk in a portfolio is the portfolio creator’s inability to understand risk’ I have no clue whether Mark Twain, Warren Buffet, Peter Lynch, Taleb, or anybody else has made this statement…if they have not, here is a original statement from Subramoney. As originals are very rare, please remember you read it here first. […]
In my recent travels many people asked me… 1. Should I buy more gold? Experts are telling me it will give 25% return in one year. 2. I earned 20% return on a Non Convertible debenture…should I put more money in that? 3. I am 70 years of age – should I sell ALL my […]
Most stories going around in the world are only about dishonest, misselling, cheating agents..do any of you have any idea about a few honest agents? The agency business is funny. Managers get people who are reasonably good in sales, but not too knowledgeable about the product, and make them agents.. here is a story: “I […]