If I were to write a book on personal finance, personal fitness, diet….I would love to call the book “Take Charge” Simply because that is exactly what you need to do with your health and /or your finances. Also only when you take stock of the current situation (i.e. make your balance sheet) will […]
Real estate prices are rarely rational! It is just that there is not enough information available in a well organized manner, and people are resistant to change. Take a city like Mumbai. It is impossible to set up a barber shop, an inexpensive eatery (I mean selling dosa at Rs. 50), a general practice or […]
Many people who trade and lose a lot of money do not understand many risks..some of them are: 1. Running out of money! If you have no ability to take delivery – which means you have to cut position, your bank balance and your stomach balance both are important. If you lack either one of […]
Frankly this blog has not done enough justice to share good ways to save money while spending it! So here are a few thoughts (nothing original, I assure you). You must have heard it in some form or the other. Some ideas are so old that it is being touted as new in the USA. […]
If at a later date dictionary the word ‘inefficient’ is associated with personal finance, remember you read it here first. This post was triggered by a visit to a friend’s house last week. To be fair to him he had been calling me for a few months and I found the willingness only now. He […]
This is an amazing first hand story in the brokerage business. Once upon a time not long ago I happened to be associated with a stock broker who was the 3rd generation stock market broker. He was the Chairman of a brokerage company which we had floated to become a member of the National Stock […]