This is a very broad question and the answer is not easy to give. First of all let us clear some myths about what the retail investor thinks a regulator should do and what the regulator actually does. 1. The regulator is here to protect the small investor: Very very very broadly yes, in real […]
There are many kids of today whose parents still believe: – PSU jobs are safe and the best -dealing with a government agency is good, because they will not cheat you Sure Psu jobs are the best -ask the retiree from Air India who has not been paid his dues…for the past few years. So […]
I am not sure about the social media and investment advice, but am worried about the people who talk about risk in the media! Let us see some comments: 1. At this point if you are afraid of the markets you should shift to a RISKLESS portfolio of debt funds, FMP and bank deposits. Yuck, […]
‘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. […]
A friend called me with a surprising question. Let us call him M.D. He bought a house in Navi Mumbai for about Rs. 80 Lakhs, – of this about Rs. 55 lakhs was funded by a loan from the State Bank of India. Over the last 4 years he had paid a lot of interest, […]
When I say retired people I mean people who do not have any earned income. That means they are dependent on: pension interest and dividends children Well these people have some really tough decisions to make: 1. Where to stay? : I have stayed all my life in Mumbai, now I have a house in […]
Thanks to my style of writing many people ask me ‘What should be the strategy of investing for a small investor’ – the answer is simple. However we are Indians and we do not like simple things. If you have a brilliant mind, and think you can make money in your profession, and managing money […]