When it comes to investing in equities, it is nice to have a lot of rules. This means your full portfolio behaves to certain rules. Rules can be made for: – Stock picking, Stock review, Portfolio balancing, re-balancing, diversification, …. HOWEVER IT IS ABSOLUTELY NECESSARY TO KNOW why it was made in the first place. […]
About a year back we were all perhaps not so optimistic about the markets. Now we all are optimistic – what this means is the risk in the market has increased !! Risk is counter intuitive and it has always been like that for a long time. About a year ago when I saw the […]
Markets fell by 240 points yesterday and has fallen 230 points already today. For people like us markets means sensex! Markets are driven by 3 factors – Earnings of the companies, the future expectations (price-earning ratio) and the liquidity in the market. In the current market earnings are at their peak – the next couple […]
This article appeared in the inaugural issue of Money Mantra a new Personal Finance Magazine from New Delhi…1st Nov. 2009. Have not reproduced the table in excel. FMCG is suddenly the favorite amongst everybody! Why is this so? Well any fund which clocks 67% return in one year is bound to suddenly attract interest, is […]
If you wanted to make a career in a sport would you just watch that sport on television and hope to be a world beater? No, I guess. Similarly if you want to be a good investor watching television or the pink papers or the personal finance magazines and websites may be not the best […]
I must consider my self very, very lucky. During the Harshad Mehta Boom, I bought an office space for personal usage. When the index reached 21000 I had no reason to sell. However just luckily I decided to get out of some very high price earning stocks like Tata Power, L&T, Hdfc, and invest in […]