It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
If you are an investor how many fund schemes do you need to know / track / understand? Well if you are like me 3 a maximum of 5. However if you are a person who thinks that all problems in life can be solved by mutual funds, maybe 10. Normally people save for […]
Most economists you meet or read tell you that the US problem is worse – much worse- than the Euro problem. Many of us think that the Americans have pushed the dollar too far and it has to fail. The American debt, the American bank’s date and the NINJA credit cards, NINJA educational loans, […]
A lot of qualified planners have given the following advice to a few people who have written in to me..let me summarize a few of them for you: 1. Equity is risky, it has no place in your portfolio. I write so much about equity, I am sure my readers know how stupid this line […]
So Sushil Kumar has just won himself Rs. 5 crores – and obviously the first question topmost in his mind should be: How should I invest this huge amount? Well let us assume that he gets Rs. 3.5 crores after all taxes are deducted. The following steps are very important: 1. Invest the whole amount […]
It is very difficult for freedom loving people with full stomachs to understand why the North Koreans do not revolt? The assumption is if you are normal person, you love your freedom. Right? No. Not so. Your first priority HAS to be HUNGER. If you are hungry, you cannot think of anything else. It is […]
Yesterday a few people were screaming on Times Now….volume was down – I was watching cricket – so just saw a glimpse. I recognised Kiran Bedi..none of the others. It looks like Indians are losing patience with the government – and the government is not bothered. Be it the arrogance of Kapi Sibal, Pranab Mukherjee, […]