http://www.subramoney.com/2011/09/my-lessons-in-equity/ Please read the above-mentioned post. As well as the comments, and I will give u an update. Now an update on this post. Mr. R is known to me and I called him a few days ago. This was because I was taking a trading position in Hindalco – at about Rs. 92. I […]
Either I am beginning to attract what I like, or the world is also seeking a simpler lifestyle. Not sure which is true does not matter….but yes many people are trying to live a simpler life. One of the important things that the ‘economy’ wants you to do is spend. So time pass for most […]
A few days ago I posted some money management rules which had changed…so here are a few more: Most of the rules are what you have heard…or will hear. 1. A. Stay away from equity. 1.B. New Rule: Staying away from equity will ensure that your portfolio is well short of meeting your retirement requirements! […]
This article appeared in MoneyControl….a few MONTHS ago… 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 was 20000 […]
A few days ago I did a post saying you need Rs. 3 crores (allocated among 3 asset classes equally) – most people reacted saying ‘this is too much’. Let us take an example. If you were to go from your house to office (a journey that you undertake every working day) and you needed […]
A few days ago one of the persons I know called to say: “Do you know that 5 CEOs have resigned in the last month in the financial services industry!”. I said hmmmmm and did you know AT LEAST 5 financial services companies are in the market trying to ‘sell’ from one owner to another? […]
a few days ago I had done a lament about the quality of data available in India. It is almost impossible to do stories like: Are most people from Mumbai investing? Are more women investing in 2012 than 2002? or Are IFA assets more sticky than Bank brought assets? or Why are the assets under […]