There are so many people today masquerading as financial planners, financial trainers, financial experts on media…I was amused when I heard the statement ‘Equity markets give good average returns’. If you ask me this is brilliant but useless advice! Why? Because to understand equity markets you need to understand Arithmetic Mean, Geometric Mean, Standard Deviation, […]
http://www.subramoney.com/2011/09/my-lessons-in-equity/ Please read the above-mentioned post. As well as the comments, and I will give u an update. Now an update on this post. Mr. R is known to me and I called him a few days ago. This was because I was taking a trading position in Hindalco – at about Rs. 92. I […]
Whenever I do a program on investments or personal finance, people rush to me, and ask “Are you saying direct investment in equities is so difficult, that we should not do it ourselves?” My answer is normally yes. That is because for most of the people I meet – whether they be Relationship Managers in […]
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 appearing on television or when at a party where you do not want to be impolite what is the best advice to give? Let me first define best advice: if you hear it in 2000, 2010 or 2020 it should sound correct the regulator should not find it offensive it should not talk about […]
So many people ask me this question that I can reply without much thought….. Well to start with, 1. Do not open with a broker: I know how a broker used client A’s share to do a pay in for client B. It is a matter of relief that the shares were replaced next week, […]
So you are 22 years of age and wish to invest in equities, right? Welcome to the very many people who wish to invest in equities, but do not know where to start. First things first. If you are doing a career in medicine, or are a lawyer or any other professional, chances are you […]