Let us start at the beginning….what is Libertarian Paternalism? Well it is a subtle way of making people towards rational choices. For example when a person joins for employment the employment form includes an AUTO sign up for an index fund. Say NPS to the extent of 3% of basic salary. The employer also contributes […]
This is a result of being in the 4th decade of my investing life. Not all the lessons were personally learnt – some where learnt from the reading, teaching, talking, dreaming, writing, commenting about investing. So if you see some points from other authors, writers, commentators do not feel outraged. We both may have […]
A few fund managers are visibly making statements like ‘this is a great time to be investing in equities…because equities are low’. Not true. If you do not know which equity share to buy (or which fund manager to back) ….you may end up buying real expensive stocks which are currently booming. If you are […]
A few days ago I did a post about risk….here are some solutions.. 1. If husband and wife are working in the same industry or worse in the same company, try to change the situation, NOW. 2. Take a stand alone or a floater MEDICAL INSURANCE policy for say Rs. 3 lakhs for self and […]
Was wondering what are the few sentences that a person should be taught to be in the financial media business. Here are a few: As we had said earlier, the market is now decoupled. Even though the markets went down yesterday in US Indian markets have gone up. Indian markets have gone down, in keeping […]
A few days ago I had done ..a post called Investment lies that you have been told. Was not sure whether I could find enough..but here is a second set..I think it can go on for a few days. Would love it if people told me WHY I think it is a lie..some of them […]
XBRL stands for eXtensible Business Reporting Language. It has become and is fast becoming THE reporting language internationally. It makes sense to all those people who use accounting information. Extensible means the application can be extended adding machine and human readable tags. Applications: a) for financial statements b) for taxes c) accounting and business reporting […]