Loan against your biggest asset….

Ask any person what is their biggest asset? Well it sets them thinking….and then the facts… Most people do not know what is their biggest asset. They then say – it is ‘ my house’ , ‘my equity portfolio’, my car, etc. However then I lead them to the next question: Have you borrowed for […]

some mistakes in equities…

In the recent past I have made some mistakes in equities…here are a few…. 1. Buying EID PARRY at 155, then averaging at 140: I still do think that sugar being decontrolled is a good thing to happen, but this investment is going to take a long time to make money for me. 3 to […]

Real estate, equities or gold?

Where should an investor invest today? Equity markets? Real estate or Gold? – I am assuming that investors look only at these 3 asset classes – I do not know how to invest in horses, oil, other commodities etc. so I will stick to these 3 asset classes… Let us start with Equities. If some […]

Why people borrow…..

There is no research in India done on topics like why people borrow, or how people invest…but here is an attempt at guessing…. 1. People borrow to buy assets : buying a car, a motorcycle, a house…..etc. requires sums of money that a person may not have, so borrowing becomes a must. 2. To pay […]

Inflation Indexed bonds….how TIPS works

The government keeps talking about Inflation Indexed bonds – we are not clear when it will come. We have no clue as to how it will be structured in India. However this is how it should work if they do a cut and paste from the US – TIPS is the US product. Principally this […]

money laundering chain…..

Money laundering in India is not a very difficult thing….it could be complicated yes, but not difficult. Also there are many things that you can do with the cash. You could buy tiles for your house, furniture, eat in expensive restaurants, hire a car, air travel…..but beyond an X amount of money that you need […]

Why the govt is called a Rogue promoter….

I have referred to the low p/e of psu companies many times in my past posts. For many people who do not have any exposure to the government’s way of working, this may sound surprising. Let me also clarify that calling the government a rogue does not mean I am saying that the private sector […]