Ego and pride are not really useful elements any where. So even while investing ego, pride, etc. have to be packed away in a box and tightly secured in a box. Many investors I know have made money because of luck or research done by some other person. However when they apply their minds […]
Who should pay for the higher education of our children? Ideally somebody else. Like a scholarship. My niece is on her way to Harvard – and is being partly funded by a scholarship which is meeting about 50% of her TOTAL COSTS – and completely covers her tution fee. However not everybody gets admission and […]
There is Gen X which believes that the next generation – Gen Y – is the ‘entitlement generation’ . I have a slightly different view. The Gen X has in many cases exploited their parents – right from looking after their children, using their services like a servant, occupying their houses – there has been […]
Typically, the advise given is ‘do not be sentimental about your investments’. People also ask me ‘Tell me some shares like shares in your portfolio – like Gillette, Colgate, Hero Honda, LnT, Tata Power, EiD parry,….et al which I can also buy and forget for a long period of time. Hey investing is NOT about […]
Let me tell you a story….and like Valmiki assume I can go across time from 1990 to 2050. Please remember time is the 4th dimension and at some point in human civilisation we will be able to do that. Year 1990: You have graduated / settled and just got married. Did you think of life […]
When I wrote in 2006 ‘you should take a term life insurance of Rs. 1 crore’ many people wrote to me saying: – he must be a life insurance agent – this is not for the middle class…how can we pay thousands of rupees premium? – if we put all our INVESTMENTS in life insurance, […]
If you have visited the MCA website you will find prices ranging from a few thousands to millions of Rupees! Why should there be such a variance and what are the factors which decide the price? Well clearly it is a case of how much effort goes into the creation of a xbrl document. In […]