When Interest rates go down, bond prices go up. Almost all MBA students will tell you this. However many of them will be parrotting this without understanding what this means. Let us see what actually happens. When Interest rates go up, ASSET prices go down. This is the originally correct statement. Why and how does […]
Congratulations! You are now in the second year of MBA and one year away from a job in corporate India. This is a good time to prepare financially for the financial life ahead. Let us see what are good things to do for a financially responsible start of your life! a. Get a clear hang […]
So many kids – aged 23-26 today have a serious problem on their hands – they have a degree which is not bankable, they have a loan taken to get that degree, and they have no place to stay in a Metro! Vow! Welcome to the American lifestyle. Kids who have left their houses to […]
Not sure whether I have written about this friend of mine who does a very different type of SIP… He started his SIPs some time in 1998-9 and is now a ‘bhakt’ of the SIP concept. Let me explain how he went about investing. Let us say he started with a SIP of Rs. 2500 […]
So! You have a student loan, do you? So many kids – aged 23-26 today have a serious problem on their hands -they have a degree which is not bankable, they have a loan taken to get that degree, and they have no place to stay in a Metro! Vow! Welcome to the American lifestyle. […]