When you are young you are forced to do some things which you may or may not like. Like mugging up Kabir, mathematical tables, prayers, and of course all the English authors too. You are too young to understand the import – but you mug it nevertheless. As you age you realize the meaning, and […]
Let us call it the #1 Investor mistake that destroys returns. This is called HEADLINE investing. When the headlines of a newspaper encourage you to invest. The worst thing is this is worse compounded by CONTINUING the same. Let me explain. The day the government announces A very big solar project and tells you that […]
How will the markets be? He thought for a little while and said “It will be Volatile” – this answer is at least 100 years old. It was given by J P Morgan. And this answer is true today, and will always be true. After all prices are a function of exchange rate, demand, supply, […]
No. This article is not about how Ram started saving when he was 21 and Ravan started saving at the age of 34. Then go on to say how Ram saved much less for a lesser period, and still has more money than Ravan. I am saying much simpler things. Ask anybody who is above […]
Why are we not able to learn from our own mistakes? Why is it so tempting to push all our difficult task to a virtuous tomorrow but indulge ourselves just for today? Why we do not understand the power of small numbers? Cognitive Dissonance. Heard this before? Well there can be examples to answer this. […]
Here a summary of why I think a comprehensive financial planning session is FINANCIALLY justified by a company. Very few of large employers are offering broad financial education that includes emphasis on personal budgeting and credit management (Fee-based education should be favored, let the employee realize that there is no free lunch – lesson number […]
Seth Klarman, a living legend in the Investment world, said in one of his newsletters, early this year: Someday, financial markets will again decline. Someday, rising stock and bond markets will no longer be government policy – maybe not today or tomorrow, but someday. Someday, QE will end and money won’t be free. Someday, corporate […]