Whenever I do a program on investments or personal finance, people rush to me, and ask “Are you saying direct investment in equities is so difficult, that we should not do it ourselves?” My answer is normally yes. That is because for most of the people I meet – whether they be Relationship Managers in [...]
In my class I am normally asked “Is the equity market like a yo-yo?”, the other question is “Is the equity market like a roller coaster?” My answer to both the questions …is NO. NO in capitals. Both the yo-yo and the roller coaster have a predictable movement. You know the yo-yo will go down [...]
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 [...]
There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you [...]
Ego and pride are not really useful elements while investing. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds a little on the shares that they buy, they think they are doing research! My research for example, is completely outsourced to [...]
One advantage or disadvantages of being connected with equity markets is you hear many stories. However if you have been in it for long, you may be part of many stories. For example a friend who wanted alpha (returns greater than the market returns), asked me what to do. Knowing his ability to trade I [...]