As a part of my personal financial planning seminars, I come across thousands of customers who are looking for advisors. As a part of my training sessions, I come across millions of agents who are looking for customers. However, for me it is not just picking up a telephone number and passing it on. This [...]
February 21st, 2010 | Posted in Personal Finance | No Comments
Jim Rogers (famous for: Biker and Quantum fund) in a free wheeling interview to MoneyMorning.com says some fearful things. Jim is too famous and has some
Indeed, the U.S. financial debacle is now so ingrained – and a so-called “Super Crash” so likely – that most Americans alive today won’t be around by the time the [...]
August 25th, 2008 | Posted in Uncategorized | 5 Comments
Economist is too respected a magazine to ignore. It also takes a balanced view of things. Many times they are right, sometimes of course, they could be wrong. Here I am reproducing a part of an article where they have spoken about India. Here, the quote starts, the highlighting is mine.
“This year foreign capital has [...]
August 8th, 2008 | Posted in India | No Comments
For many people understanding risk and preparing for the same is unheard of and non-existent. Here we are talking about a nice educated class of people who hold high positions and handle a lot of money.
Like a friend says “Risk for these organisations is the quality of people they have hired to look [...]
July 16th, 2008 | Posted in Uncategorized | 2 Comments
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth [...]
July 11th, 2008 | Posted in Uncategorized | 2 Comments
It is customary for people to say “I do not take any risk in equity markets” all my money is in PPF. Let us look at what are the risks involved in investing in PPF.
First of all most of the people I meet today invest far, far more in a year than the max possible [...]
June 26th, 2008 | Posted in Uncategorized | 2 Comments
Women surely have some peculiar financial planning needs. We will not do too much in detail here – but suffice to say that some requirements are unique. Though most adult women I meet are married, I guess most of them will die alone – widowed, divorced, or not married at all. So at some stage [...]
June 21st, 2008 | Posted in Uncategorized | 1 Comment
Here is a very, very old idea. Whenever people ask me how to reduce losses in day trading, futures, options, or once upon a time the old fashioned badla, I always used to be stumped.
My logic was – if you do not know the downside, any business is too risky, is it not?
The most important [...]
June 18th, 2008 | Posted in Uncategorized | No Comments
This is the time that most retail investors lose patience, panic and hit the sell button. If you did that, you may not be wrong. But then you may not be right either.
Remember the best money managers (no not a businessman like Warren Buffet) have done well by protecting the downside in their clients portfolios.
I [...]
June 13th, 2008 | Posted in Uncategorized | No Comments
Many experts in the market now have a view on the market. This is of course only to be expected is it not? It is like when you thrust a mike in front of a person, suddenly he becomes a wise man (person?).
Mr. Ken Fisher who is himself a great fund manager and the son [...]
June 13th, 2008 | Posted in Uncategorized | No Comments