In the Indian markets when one asset class is losing, other asset classes also catch up fast. So if you think you have invested in real estate, equities and debt – you may not be diversified enough. In fact if you have diversified across asset classes at all points in time, one of the asset […]
As usual, I do not have an answer. However I can lead you to the definition of “Irrational Exuberance”…I hope at least some of you know its association with Alan Greenspan! Well this is what it means: When all people believe that: • The reward will outweigh the risk • This time it will be […]
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 […]
Either people do not understand or do not want to apply common sense….so some investment myths continue. Let me list some of the emails that I have received recently…. 1. ‘What ever you say about Gold, NO OTHER ASSET CLASS has given the kind of return that gold has given in the last 40 […]
This is a sequel to the story of a girl who said ‘If I have 10 crores I will be rich’ story. This is a girl who got featured in Lokmat (Marathi newspaper) in a translated story. Here is the sequel. I had asked what could go wrong in the whole process. Well the following […]
However is a good list of resolutions that you can make – it is really useful if you made it already, just reiterate it, and follow it! So here it goes 1. I will write down my financial goals – NOW, IMMEDIATELY. 2. I will convert a big portion of my savings into investments – […]
Many people send me their portfolio and ask me to review it. These are the tell tale signs of a losing portfolio: 1. People who brag about their ‘success’ : One person who was so proud of his investment in one particular scheme. He said it had given him a 32% CAGR over the past […]