I had to speak at a Church (Parish) in Mumbai on Investing. In a religious gathering it was necessary to keep in mind what the scriptures said about investing. So the topic I chose was ‘Scriptures and investing’.
The Christian community is quite conspicuous in its absence in the financial services field – especially in the [...]
Nobody believes that tech stocks can do well in 2010, correct? This comes from 2 fears – US recovery will not be too great and that the dollar may weaken.
Let us look at the dollar – it looks like the dotcom boom – when we were all sure that the tech stocks can only go [...]
Last week I was speaking to one of the bright kids I work with. For practical purposes let us call him George Orwell. This kid was born in 1984 and has just started on a nice salary. He spends well but can put away a nice amount on a regular basis, but is not doing [...]
Darren Gough and IPL – yes you can see some connection, but can you see the connection between Darren Gough and Financial planning? Well neither could I…but here is the connection. Telegraph , UK did an interview regarding Darren’s financial habits – and it was interesting. Nothing flamboyant. His best investment he says – is [...]
Many people who read my blog ask me one question. Am I against real estate investing? The answer is NO. It is a capital NO font size 72 dark, bold, …what ever else you want.
However the common man – or most of the people whom I meet are so poorly equipped to deal with the [...]
This is not a debate on whether you will live long or not live long. It is simple and easier to assume that you will live long – pretty long if you ask me. If your grand parents are pushing 85, your father is in his 2nd innings, but still holding a job at the [...]
The cheer leaders are screaming once again – welcoming the 10,000 index. Whether it is television, print, or the internet – all of them have headlined the great reclaiming of the 10k index.
The typical middle class guy is happy, but of course skeptical. The questions he is asking are the following:
Will this market rally last?
Does [...]
Many people including family has screamed at my idea of renting instead of buying a house (rather any asset). My idea is quite simple. Whatever you use has a cost. The cost of any product is made up of materials, overheads, interest, depreciation, and manufacturer’s margin.
If you use a taxi say for 20 hours a [...]
about 10 days back did a program on Utvi on behavioural finance…here is the transcript.
http://www.utvi.com/personalfinance/financial-investment-india/15714/investing-sans-emotion.html# – is where the original is, for the others, here it is being reproduced!
Investing sans emotion
UTVi News Desk
Published on Dec 18, 2008
MUMBAI: Leaving emotions out of your financial decisions is tough. After all, it’s about your hard-earned money. [...]
Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo!
Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. Of course [...]