A lot of kids I know have 3-4-5 year old SIPs. Some in the red, some in the black. However even those which are in the black are just marginally in the black. When they see the statement it does not look good. Not good at all. What can they do? It is tough. I […]
Last week a media person asked me a very good question. I thought it deserved a detailed explanation. She said “The world has not seen such a turmoil ever. You can say keep investing in a SIP for 2-3-5 years, but where is the evidence that with so much of volatility, for equities to do […]
This is a very old story…you can attribute the wise man to be Moses, Buddha, Tenali Raman, Birbal….choice is yours. The story goes like this…. There was a man who was digging a well. He was hoping to strike water soon. One man came up to him and said ‘Arre you are digging for water […]