Fund Managers need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where a PMS can step in. However I would recommend […]
A few people have asked me…’should I increase my SIP in gold’. Frankly for me the answer is ‘I do not know’. However I realise that many of them are sitting on small losses or a very poor return if they have invested in the last 10-12 months. The Rupee not long ago was 40 […]
No people do not ask me this question, they tell me. “I am sure you will agree…during such times one should sit on cash”. I almost wince. I do know that oil is floundering, the US $ is rising. Yes there will be a Greek vote, yes the Euro is clueless. Japanese currency’s strength is […]
Ethics and Morality have been the first casualties in this era…so ‘respect’ sounds alien, does it not? Rajat Gupta was not trying to be anything different from a small revenue department clerk – trying to make an extra buck. People like Rajat KNOW what they are doing is wrong. Make no mistake. They are too […]
For people who have not done Economics – at any level, there is a good chance that they may not know the meaning of ‘Rent’ – in economics, here is the explanation. When you have got used to a certain annuity – generally undeservedly – the rent is threatened. Now if a shop is located […]
Here are some excuses that normally people give – I have a simple job for you: Please find the questions for which people give these excuses: 1. I have no time at all: ‘Subra you do not understand. I have a job, it has some stunning deadlines, I travel a lot. I…..’I just do not […]
Mostly people tell you ‘I bought a house for Rs. 50 lakhs’. Great. A house is rarely just the cost that the broker told you when you bought the house. Have you seen what are the associated costs? Cost of the house is Rs. 50 lakhs. Assuming you did not have any money for down […]