Most people invest in equities, debt, real estate, …..and I guess they invest so that they are able to sell it at a premium later on, right? Well, when people speak to me they say “I bought a house for Rs. 80 Lakhs in just 10 years it is worth Rs. 1.9 crores”. Nothing wrong […]
For most people who have seen a drop in wealth…and do not know what caused it. The most cruel impact the 2003-7 boom has had on people is they believe it can happen again. Subra, I am sure once more the market will move up 7 times in 5 years. We only do not know […]
Real estate prices are rarely rational! It is just that there is not enough information available in a well organized manner, and people are resistant to change. Take a city like Mumbai. It is impossible to set up a barber shop, an inexpensive eatery (I mean selling dosa at Rs. 50), a general practice or […]
I do not know why you are against real estate Subra! This statement is then followed by the following: 1. See over the last 30 years what fantastic returns I have got! 2. Real estate NEVER goes down unlike share markets. 3. God does not make them anymore 4. Mumbai, it suburbs, Delhi, Bengaluru, NCR, […]
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 […]