I hope to God no underwriter or actuary is reading this article. It is just a collection of the channels through which life insurance is sold these days. If some retired people cannot recognize some of the channels, please stop shaking your heads! Let us look at the channels:
1. The life insurance agent: the old, [...]
“The investor with a portfolio of sound stocks [...]
A Very good Poker joke is “Look around the table. If you are not able to find who is to be had that evening, it is you”. Similarly when you are with a professional and you do not bother to find out how he is compensated, frankly, I do not think it is the advisor’s [...]
There are too many reasons why “investors” lose money in equities. Here I am trying to enumerate some of them. Keep visiting this post because as I get more points I will add them here rather than create a new post.
1. Confusing between trading and investing: Traders and investors both make money if done professionally. [...]
Some businesses are franchises. They have high walls and deep moats around them. Such businesses usually do well in the long run. Some of course create an addiction – ITC is a case in point.
Other companies which come to mind are say Wriggley’s gum. When you are spending say Rs. 5 (or Rs. 20) on [...]
I had done this piece for SENSEX – a magazine run by the BSE (the mumbai stock exchange or bombay stock exchange)
Reminiscences of a Stock Operator (Wiley Investment Classics)
by Edwin Lefèvre
Once upon a time, quite long ago – the US was a highly unregulated market.
Very briefly, Jesse Livermore’s life as a stock and [...]
I did not want to call this also Warren Buffets’ lessons, but it is one! WB says Short term forecasts are useless. He says “the forecast tells you more about the forecaster than the subject matter of the forecast”
Cahrlie Munger and WB concur on one thing “market forecasts are like poison” it should be kept [...]
A bull market creates a happy mind set and a bear market (Ok, Ok, I am not saying we are in one) – whether for a short term or a longer term makes people anxious. Are you financially anxious? How does one deal with financial anxiety?
Well there are many things to do. Your life is [...]
Well he/ she should know life insurance and mutual funds for sure. Should know famous books and names of authors – so that they know where to turn to if they want to know behavioural finance. Or how a Random Walk works. They should also know that Nasim Taleb has written more than one book.
They [...]
Do I Need Personal Financial Planning?
Planning for a secure financial future is a must! It can be done, and is not easy.
Maybe you’re saving to buy your first home.
Perhaps starting your own business is a dream.
The costs of a college education have spiraled and you may wonder how you will pay [...]