Most salesmen are able to sell products at prices they decide because investors do not ask them the right questions. These questions will help you keep pesky guys off: 1. Can I sell it when I want to: I love long term investing, but it also feels good to know that almost 100% of my […]
this post is partially repeated…there is a link at the bottom which is not a repeat… I am sure all of you know the cap seller and the monkey story. So why am I telling you the same story again? No this is not the same story, it has a twist. A capseller was looking […]
The MBA must be a very good degree – there is so much demand and so many colleges are creating them! I am sure all of you MBAs who are reading this will agree I have never spoken about the degree…well, there is always a first time! There are some brilliant solutions that I have […]
One professor of a college wrote into a leading personal finance magazine: “I do not agree with you…Equity is not a great investment. The Sensex started in 1978 at a base of 100 and in 2007 reached 20,700. This means 207%. Now this means it has given a CAGR (think compounding!) of 6.9%. We could […]
If in the year you are bombarded showing you slides that gold, real estate (would you believe it?), some commodities, and EVEN SAVINGS BANK account or a money market mutual fund have done better than equity over the past 10 (yes repeat ten) years, what would you do? Obviously you will stay away from equities, […]
The advantage of running a blog and doing some training is you meet people of various types, shapes and sizes. I meet people who have made immense amount of money in equity markets (upwards of Rs. 20 crores), people who are die-hard market timers (some have done well so somewhat debunking the theory that no […]
For a new person is it worth being an IFA? – Independent Financial Advisor for those who do not know what is an IFA. My take is if you are professionally qualified and can get a decent job in the outside world, it is not worth being an Ifa. We recruit Chartered Accountants at Rs. […]