There are many kids of today whose parents still believe: – PSU jobs are safe and the best -dealing with a government agency is good, because they will not cheat you Sure Psu jobs are the best -ask the retiree from Air India who has not been paid his dues…for the past few years. So [...]
‘The biggest risk in a portfolio is the portfolio creator’s inability to understand risk’ I have no clue whether Mark Twain, Warren Buffet, Peter Lynch, Taleb, or anybody else has made this statement…if they have not, here is a original statement from Subramoney. As originals are very rare, please remember you read it here first. [...]
‘I earn Rs. 15L CTC – and clearly I am overpaid. However I am not able to save a rupee – I have no idea where my money goes’ Can you believe this…if you are a middle class Indian? I found it a little amusing…but not difficult to believe. When I spoke to him, I [...]
One of the kids in the office said ‘I am planning to buy a house….what should I look for?’ I said house – I have no clue, but have friends in Hdfc and I can give you their numbers…and they may be able to help on the builder feed back… She said….No, no, I have [...]
I had done the following post in the 1st week of June, 2006. Except for the numbers, the story is just as fine. It originally appeared in the Personal finance section of moneycontrol.com Okay, so the market fell 1,100 points on 22 May 2006, it fell 350 points on 31 May 2006 and another 327 [...]
Last week I was travelling and therefore watched Television – and it was Utvi Bloomberg that I watched. Here the very sensible (and not so shrill) Surabhi Upadhyay was doing a program on debt reduction / consolidation. Funnily it is perhaps the only program on the borrowing side. Most other channels and ‘personal finance’ experts [...]