Many clients, students, readers and friends call back saying “This xyz person is offering me 36% returns on life insurance policies” is it possible?” Sometimes they send me a mail…and the company could be anything from A to Z… My answer has been “The fact that you are asking me shows you do not […]
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 […]
One professor of a college wrote into a leading personal finance magazine: “I do not agree with you…Equity is not a great investment. The Sensex started in 1978 at a base of 100 and in 2007 reached 20,700. This means 207%. Now this means it has given a CAGR (think compounding!) of 6.9%. We could […]
If in the year you are bombarded showing you slides that gold, real estate (would you believe it?), some commodities, and EVEN SAVINGS BANK account or a money market mutual fund have done better than equity over the past 10 (yes repeat ten) years, what would you do? Obviously you will stay away from equities, […]
Research is always interesting – especially if you are getting paid for it! As a company we do research of a few hedge funds. The discipline that they show while picking stocks is quite amazing. There are various screens which they use – from market capitalization, no. of transactions in a day, value of trading […]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth […]