This is not a debate on whether you will live long or not live long. It is simple and easier to assume that you will live long – pretty long if you ask me. If your grand parents are pushing 85, your father is in his 2nd innings, but still holding a job at the [...]
Myth: Time in the market is more important that timing the market.
This says that the longer you stay invested, the more chances of you making money. Again, only partly true. Good investors know that timing is all. While no one can call market peaks or troughs correctly all the time, we all can figure out [...]
If you have seen the Sprite ad, you will appreciate this for sure! Mutual funds have a compulsion to raise money continuously – and this they can do only if their sales team is able to sell.
However, in a very funny way, ‘what sells is what gets sold’ – so they need to come out [...]
Here is a story …said in a very spiritual context. It is just as applicable to us as ‘fund managers’, ‘relationship managers’, ‘ifas’ or…what have you. When the markets do well, we keep saying ” I got the client 43% returns” if you are such a genius why is your portfolio in the Red this [...]
If you have been following my blog, you may have seen more articles about ‘renting vs. buying’ here is the next instalment.
“If I buy a house, I get a tax break.”
Business men also get tax breaks when they make losses or incur expenses! As do share buyers, – all are bad deals! The interest on [...]
I live in Navi Mumbai (New Bombay) where the rules of the game are different for day to day living. I may sound a little like Raj Thakrey if I said this place has a more North Indian culture than a ‘amchi’ Mumbai culture (where I lived for 42 years before shifting to NM). Mumbai [...]