So sad we do not have a Dalbar (an US based research firm that compares returns of stock and bond markets with those of individual investors) research on Indian investor returns! Just released in the US it has 2 startling facts: Over the last 20 year period the Standard& Poor Index returned an annualized gain […]
One of the kids in our office said “I can write well”. To me that is like music! So I said, ok write an article on ‘how to select a good broker’. This is what she wrote…Please read it carefully, and read my comments below the article. Do not take it seriously, it is the […]
SIP creates wealth in the long run, however it gives no immediate gratification. Equity trading (what the common man thinks is investing) gives immediate gratification and does not create wealth for the client. The broker wants him to trade so that broker’s wealth goes up. So what is the solution? Sell SIP in equities as […]