If you have come into investing recently and have been subject to many experts, my sincere condolences. It is a jungle out there and there is an alphabet soup of qualifications – all most all well intentioned, presumably! first realize that life is a complete package, when you are young and drawing your first salary, […]
When you write a cheque it is either an expense (or repaying a loan for an expense already incurred), an investment or it is a sunk cost. Every rupee that we spend gives us something – happiness or experience! We need to see whether it is a sunk cost or whether it is an investment. […]
All of us must have some debt investments. At least that is what ‘asset allocation’ gurus will make you believe, so well, let us believe it. HOWEVER, when somebody comes to me and says “I live frugally and save all the money that I can and keep it in Fixed deposits, Public Provident fund, national […]
Whenever I meet people close to retirement / retired people I ask them for their best investments and their worst investment mistakes..and generally I get to hear the following: 1. Poor asset allocation: Not having any equity or not having enough equity is a huge regret. Not that these people are worried about their day […]
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 […]
Let me first tell you who is a successful Investor! Who is a successful Investor? To be a successful investor do you: 1. Have to beat the index? 2. Perform better than Warren Buffet, Rakesh Jhunjhunwala, Prashant Jain? Uh…. 3. Get better returns than your classmate, brother in law, friend…(Relative’s return?) NO. To me there […]
A bull market (I am not saying we are not in one!!) creates a happy mind set and a bear market (Ok, Ok, I am not saying we are in one) – whether for a short term or a longer term makes people anxious. Are you financially anxious? How does one deal with financial anxiety? […]