Nice to see many many many articles, blogs, even legislation which are meant to ‘help’ the uninformed, poor investor. Let us look at the assumption of what these intellectuals and bureaucrats think about the behavior of the end investor: 1. The investor is rational: Fair assumption based on the Economics that they have been taught […]
Ok if you are reading this, it means you are young! Not sure how young, but let me assume that you are really young. It means you are still wondering who will pay for your higher education. You have just graduated and are wondering whether your parents can / should pay for your higher education. […]
When I say parents put kids in EMI traps, I mean the guys (like me) born in the 1950s, 60s whose children have started earning….and sadly turn to their parents for advise. Well it happens like this… A guy born in the late ’70s or early ’80s starts earning. He first goes and buys […]
Hi my definition of a youngster – for this post – is those people born say 1980 and later. This post was triggered by a comment on the annuities post. Let me enumerate: 1. Most of these people started their working lives say from 2002 onwards. So from 2002 to 2007 they were told by […]
When I see today’s youngsters – I of course find them restless. Yes, young and restless you have heard…but why young and so called ‘riskless’ ? Well for those who took up a job in 2007/8 (means born in 1985 or later) markets have not been a great – at best it has been lukewarm. […]
‘The biggest risk in a portfolio is the portfolio creator’s inability to understand risk’ I have no clue whether Mark Twain, Warren Buffet, Peter Lynch, Taleb, or anybody else has made this statement…if they have not, here is a original statement from Subramoney. As originals are very rare, please remember you read it here first. […]
All insurance plans will become taxable – this is terrible news for life insurance policy holders. How capital gains will be calculated will be a major issue. The cap gains calculation will have to be done by the life insurance company – after all they know all the transactions. So software guys enjoy..all life insurance […]