i wrote this article for some website / magazine..not sure which Reuters perhaps…. You have just crossed your 24th birthday when you’ve gained the education and/or skills you need for the career you’ve chosen, and you’re earning money and learning how to handle it. Ok, ok you are not in your twenties but are in […]
In the recent past I have made some mistakes in equities…here are a few…. 1. Buying EID PARRY at 155, then averaging at 140: I still do think that sugar being decontrolled is a good thing to happen, but this investment is going to take a long time to make money for me. 3 to […]
First of all let me make a distinction between a saver and an investor. A saver puts his money in instruments which give fixed or very closed to fixed kind of returns. Examples of this are bank fixed deposits, PPF, National savings certificates, Endowment insurance policies, Retirement plans fully in debt instruments, etc. etc. These […]
One reader (SR) sent me some details like age etc. and asked me “Can I Retire, my age is 41 years”. Answers like ‘yes’ or ‘no’ is perhaps very easy to give. Completely irresponsible too. Let me explain. If I were a doctor and a 41 year old man came and said ‘this is my […]
The amount of time that this country spends on cricket is huge. I am saying this at a time when I consider cricket a complete waste of time – this after having spent hours on end watching cricket till about 1999-2000. What are my learning from cricket? 1. For those of us brought up on […]
Recently I rounded up 10 friends and asked them to gjve a hurdle rate that their investment should give. Most of them had 8% for debt instruments and an amazingly fantastic range of 12% to 40% when it came to equity. Some of them BELIEVED that real estate HAD already given about 24% return over […]
Caveat: I do not know the answer. Caveat: I do not think I need to know the answer, I am happy with a 2% real return, for many of you that would be not a happy situation, perhaps. My requirements have gone down because of the past performance. Caveat: Nobody has an answer, and far […]