My editor friends do not like the titles of my posts. My SEO friends are indifferent. I am worried that my headlines are too broad! Improving as an investor is a life long process and we all will go towards our goal, will we not? So when I get calls like these – I have […]
I am not sure if these are the biggest investment blunders…but here is my take: Not understanding portfolio risk: ‘Equity’ is risky. ‘Mutual funds means equity’. ‘You have benefited from equity, does not mean we will. ‘Sip does not always work’. These are statements I hear regularly. To me all this comes from not being […]
If you are young and investing for a goal a couple of decades away, you should be praying for a CRASH, not for a bull market. Do I need to show you your returns if you had invested in 2007 vs post crash in 2008. However, it is not easy to invest when the market […]
Every body has their own strategies, and so should you. This is the essence of investing. What worked for Rakesh Jhunjhunwala may not have worked for Ramesh Damani. Investing is not a race or a competition. You follow your strategy and be happy with that. Just like religion. If I were a religious leader, I […]
This is how I started a speech to kids… But what is an investment, shorn of all its jargon? It is a sum of money that you outlay hoping to get a higher amount back. This can take two forms: 1. Investment like a lender 2. Investment like an owner 1. Investment like a lender […]
Investments are simple. However you either know it or do not know it. Let me tell you what worries me when I talk to young investment professional. Just finished one such interaction…of future fund managers..my advice: If you do not know how the ‘Value’ is going to be ‘Discovered’ you cannot be a Value Investor. […]
What is portfolio construction? Let me start in the correct order: Setting your Goals Making your Investment Philosophy Statement Understanding Asset allocation Next step is Portfolio construction. Once you have decided to do Goal Based Investing, set your goals, made your Investment philosophy statement and understood the need for asset allocation, you are ready for […]