“Let us get the basics right, Subra, if you want to be safe, you should invest in gilt. Equities, equity mutual funds, etc. are for the rich people who read your blog NOT FOR middle class people like me. I am a bank manager and I have all my money in bank fixed deposits. […]
Many people tell me they want to build a risk free portfolio. I tell them I hope you understand what is risk. They say yes. Here, these are the words that they need to know: Currency risk, inflation risk, systematic risk, principal risk, country risk, economic risk, mortgage risk, liquidity risk, volatility as risk, risk […]
How safe are government securities? Is this a question bothering you? Welcome. Many people have asked me this question, and I have struggled to explain the answer. Central Government securities are 100% safe. These are what are called ‘Soverign Paper’ and is guaranteed by Pratibha Patil – the Government of India! Interest rate payments, principal, […]