this appeared last week in MoneyControl…. Investment in turbulent times! The market has gone nowhere in the past 4 years. When your financial planner / relationship manager / advisor told you that equities are for the long run he/she also said ‘long run’ means more than one year, correct? Well you invested when the index […]
I have no views, and I have no position in gold. I do not understand bullion or most of the commodities. This is a caveat. However, I know one thing – price is determined by demand and supply. This is universally true. And has always been true. Now one story I keep hearing is that […]
Some people call it sensible spending or Conscious spending…well this is not a new concept, but a new way of looking at things. See how we spend money – normally it is on a reflex. Like ordering tea in a hotel – it is assumed all the people will have it. Tea may be a […]
I had done the following post in the 1st week of June, 2006. Except for the numbers, the story is just as fine. It originally appeared in the Personal finance section of moneycontrol.com Okay, so the market fell 1,100 points on 22 May 2006, it fell 350 points on 31 May 2006 and another 327 […]
I had done this post long ago..sometime in July, 2009, when I met Prakash Mundhra for a Television discussion with Prakash Mundhra..about his investments. Today I am repeating this post…’cause it is worth reading about 🙂 Normally the MBAs I meet are the ones who start looking for a job by the time they are […]
As a financial planner I do spend a lot of time with 16 year olds working in call centers, media companies, banks and so on. When I am with them and discussing their problems, the one question that often comes to my mind is, “If these guys cannot make their monthly salary stretch one month, […]
My heart goes out to people who run television channels, magazines and websites – the constant search for news is not easy. Let us take the RBI rate hike which happened. A 0.25% increase in the Repo rate is actually not such a big news, but if you have to write about, it, well, you […]