So you lost a bunch of money in the market, right? You bought Crest Animation, K S Oil, Punj Lloyd. None of them are likely to be anywhere near your cost for the next decade or two. Or you bought Kingfisher shares because somebody came on Television and told you it is a great buy. […]
Here is a Master Class of Investment Lessons…..I did this as a lecture for a few managers who communicate with HNI customers… Not necessarily in any particular order…you choose that yourself: 1. Write down an Investment Philosophy Statement like this: http://www.subramoney.com/2008/02/secret-of-successful-investing-philosophy-statement/ 2. Be clear about your financial goals – and understand that a market fall […]
Caveat: I do not know the answer. Caveat: I do not think I need to know the answer, I am happy with a 2% real return, for many of you that would be not a happy situation, perhaps. My requirements have gone down because of the past performance. Caveat: Nobody has an answer, and far […]
When I speak to well informed and educated investors (and advisers) the biggest retirement income worries seem to be the following: Market volatility, Regulatory changes, Medical expenses not covered by their medical insurance, Inability to maintain a complex portfolio beyond a particular age, Inflation and poor financial understanding. All these fears seem to be valid, […]
I am really surprised when people ask me ‘Are we in a bull run?’ Why ask – Of course we are in a bull run. Collapse of a few economies in the world – in the middle east. The European crises – Portugal, Spain, Greece, UK…well not in that order, but you get the drift […]
How do you know when is the market in a bull phase and when in a bear phase? Well it is surely difficult to know during the phase itself – only at the end of the run do you realize whether it was a bull run or a bear run. However there are some signals […]
The average American saves/ invests much lesser than his Chinese or Indian counterpart. Why does this happen? Simply because the American is sure of his ‘Social Security’ – and that his ‘rich’ country will take care of him. Whereas the average Indian or Chinese provides for his own retirement. A good environment, stability, growing income […]