So Sushil Kumar has just won himself Rs. 5 crores – and obviously the first question topmost in his mind should be: How should I invest this huge amount? Well let us assume that he gets Rs. 3.5 crores after all taxes are deducted. The following steps are very important: 1. Invest the whole amount […]
Let us consider 2 investors A and B (I thought a long time before choosing A and B was wondering whether to use real names, then thought it does not matter!). They both have the same income, went to the same school, married similar girls, have similar risk tolerance levels…well they are almost twins. A […]
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 […]
I do not always respond to emails and comments on my blog. Some are too obvious and some queries are portfolio management queries. Typically like ‘I have invested in……..’ is it a good investment? Is it a good time to average? is it a good time to sell?…. frankly the answer to all this is […]
Which is the worst investment advice that you have ever received? Back in my 20s – when I did not know that I knew nothing about investing (trading I still do not know) I had clients who would seek my advice. Now this advice is kinda addicting. When people ask you give some advice and […]
When I ask people what they expect from their investments, their first answer is ‘profits’. So I now have to be more accurate in my questioning… One of the questions is ‘What returns do you expect on a realistic basis from your investments?’ Obviously in nsc and ppf they know the answer…but when it comes […]
There are a few Golden Rules of investing…apart from the most important one..’The Man who has the Gold, makes the rules’ …apart from that the other rules are: 1. Do not abdicate financial understanding: “I trust my adviser” is not always a statement of faith. In many cases I know, it is a matter of […]