If all actions are reactions why are Americans hated? Well this is a finance site..so let me stick to what I know. Almost all literature we have read on equity markets is American. The great American investors have written all this literature in the past 50-100 years. This was the time when American companies (fairly [...]
It is always in retrospect that you can have fun about trends. On one fine day – March 9, 2009 that the US markets had hit their low. Check your brokerage account for transactions around that time. The S&P was below 700, the Great Goldman Sachs was predicting a Dow less than 400, Cnbc was [...]
There is one person who is rarely quoted in Financial Circles. He is George Bernard Shaw. He said “Whenever I go to my tailor, he measures me up”. I wish all of us would do it! Once we decide on a particular thing we do not let new facts change our minds. We carry prejudices [...]
Anne Frank – perhaps the most enduring voice of the World War II – would have turned 80 today. ‘Sadabishekam’ is celebrated as a thanks giving and for a healthy future. Anne Frank’s 80th birthday is worth celebrating because she can never die. Anne Frank is no longer a person. It is a spirit of [...]
This article appears in its original form in Financial planning magazine…It is an American magazine and the survey and findings are about America. Indian facts may not be very different… Americans say that despite daunting circumstances, they have developed a more practical attitude toward money and retirement since last year, according to a study. In [...]
The average American saves/ invests much lesser than his Chinese or Indian counterpart. Why does this happen? Simply because the American is sure of his ‘Social Security’ – and that his ‘rich’ country will take care of him. Whereas the average Indian or Chinese provides for his own retirement. A good environment, stability, growing income [...]