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 [...]
A couple of days ago I gave you a few reasons to buy gold. Here I am giving you a few more reasons. However let me warn you that I do not have any trading interest in gold, but do have an investment interest in a company called Deccan Gold which is the only gold [...]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth [...]
Real estate broker: Your house is the best asset that you can expect to create in your life. You can expect it to appreciate well over the long run.
What to do: Your home will not appreciate. It is not a wealth creating asset. It will not make you rich. Remember it is an important savings [...]
Most financial planners and personal portfolio managers are questioning their basic assumption of asset allocation. In the year 2008 asset allocation failed. This of course is their conclusion based on a set of data. Data is accurate but the conclusion seems to be a little flawed.
In the years from 2002 to 2007 (when Mr. Risk [...]
Gallup had done a poll in US to find out the attitude towards retirement. Here is what they have to report:
“A majority of non-retired Americans now doubt they will have enough money to live comfortably once they retire, representing an 18-point drop from just five years ago.
According to the Gallup’s annual Economy and Personal Finance [...]
It is so funny to see politicians and some fund managers say India’s interest rates are very high in real terms (if inflation is 3% and interest rates are 10% reeal rate of interest is 7%). So interest rates should come down. Also if the $ is now at 52 or 53 to a rupee, [...]
I have answered this question millions of times in my training and teaching sessions. And there are no clear answers. However students who ask this question need to understand that being ethical may be an end in itself. If something is an end in itself, how does it matter whether it should be done or [...]
The markets – capital markets especially is a great teacher. However, the characteristics of this teacher are unique:
1. Takes the fee upfront
2. Lessons are taught the hard way, but students do not remember it long enough
3. Never negotiates fees – the dumber the student the higher the fee, and no mercy is shown!
There are some [...]
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 [...]