Well none of us know what next…but let us look at the crystal ball: – we are at 16,200 on the sensex as I write this post. Do not rule out a 25% jump in about 12 months time – which is more than 3 years yield in the debt market. – we all knew […]
There are a few words which when a financial planner says looks cool. If my planner said them to me, I would look for a new planner! What are the words? 1. I will give clear, and UNBIASED advice! After 30 years in the trenches of the financial services industry I have not been able […]
Some debt market basics….largely meant for the MBA (finance) students: What is a Negotiated Market? deals that have been done by negotiation, executed -but REPORTED on the trading system – for approval of the exchange is called a negotiated market deal. What is a when-issued market? it refers to the security being permitted for trading […]
1. Suddenly many jobs are being lost: Remember slowing down, closing down are not words that happen only to somebody else! It happens to the best. Only your salary is certain, the variable salary is really variable. I now know of several people who are EARNING about 60% of their claimed CTC. The variable […]
Greece is in financial trouble – and by now all of us know it. The trouble is a result of years of mismanaging the economy. All you have to do is read Michael Lewis’s article about this in Vanity Fair – and it had appeared long back. How different are other countries? Well not very […]
I recently wrote a piece on ‘Make your own financial plan’ – this appeared on yahoo finance and some of you may have read it. What is amazing is the response that I have got for the same. Largely saying the following: – future is uncertain, SO DO NOT PLAN. – equity markets are too […]
Financial markets do what all markets do – price discovery. Fish markets find the price of fish, gold markets the price of gold, job markets determine your salary. The price of money means the financial markets mobilize savings into investments – and channel them for various uses. It determines the prices of bonds, equities, warrants, […]