Caveat Emptor. I do not understand interest rates. To be more precise, do not understand interest rates at all. Many people in the floating rate model of interest for housing may not know that they are already paying north of 14.5% p.a. interest on their loans. Ouch. It hurts. For new buyers of big houses […]
On 9th April at 3.30 pm and on 10th April at 4.30pm Cnbc will telecast a program co-produced with NSE. This is a program on basic investing and I said the same simple things…start investing, compounding will work, gold is a commodity which has done well, real estate is a saving asset…and also answered some […]
What is being Rich and what is being Wealthy? This is a topic that I have spoken about too many times in the past….One of the steps required is to create different and various sources of income. For a beginner who is starting on a first or second job how is he/she expected to create […]
Well I have no strong views on Gold – however I have never bought any gold as an investment. I wear no gold on my body, but I guess my mother, sister, wife, and daughter do wear. However as a family also there is no interest in the gold – except to the extent that […]
Most salesmen are able to sell products at prices they decide because investors do not ask them the right questions. These questions will help you keep pesky guys off: 1. Can I sell it when I want to: I love long term investing, but it also feels good to know that almost 100% of my […]
Amazing how people who do not know anything about debt, equity, mutual funds, risk, real estate, …suddenly turn advisers. No this is not about somebody selling life insurance and mutual fund products, but inside the family ‘advisers’ ever willing to help! They just wait for some ‘helpless’ person and start giving advise. Let us look […]
Time and again I have been saying that it is easy for a regulator to go after an industry that is reasonably well organised rather than a completely new one. This is the reason why there is: no white paper on how people lose money in real estate (whom will you chase?) no white paper […]