In my class I am normally asked “Is the equity market like a yo-yo?”, the other question is “Is the equity market like a roller coaster?” My answer to both the questions …is NO. NO in capitals. Both the yo-yo and the roller coaster have a predictable movement. You know the yo-yo will go down […]
When I say banking, I mean banking, broking, mutual funds, insurance, software companies in the BFSI space. So let us revisit the laws: 1. Golden Rule of Life: He who has the gold makes the rules. If your name is Diamond, even better. 2. Salaries are NOT decided by demand and supply: It is […]
Is this a question that has bothered you? or like everybody who follows the media think that you should have retirement plans well funded so that you can ‘retire’ at………….what ever age? Let us look at the Indian situation. Most Indian men will not know what to do once they retire (women readers please comment!!). […]
All the advise that you get must be saying ‘Look you jerk you do not know how to handle your money..give it to a mutual fund, life insurance company, brokerage house…and they will manage it for you’ …correct? Well most of the financial media, the people who write, the people who appear on the […]
Which is the highest rated debt paper in the world? Well it is AAA. However a country does not get its debt paper rated. When I ask my class ‘why does a country not get its debt rated?’ I normally get a wrong answer….well not normally it is always! Let us see why sovereign […]
Not sure whether I am alone in crying hoarse about the pending US default…but I always get some support from the American media! One of the biggest players in the American bonds market (perhaps the largest) is as skeptical about the bonds issued by Uncle Sam… let us take the worst case scenario of the […]
One major problem with most of the people buying life insurance is ‘not knowing what they are buying’. Now a buyer should at least know what is he buying, should he not? The whole purpose seems to be to create some confusing products and make sure that the beneficiary is either the manufacturer or the […]