Once upon a time there was a king and he had a faithful slave. His slave would do everything for him and would go everywhere where the king went. He had so to say no own life – he was like the king’s shadow. The king loved him….and was also completely dependent on him. One […]

Read More →

This is a very, very old story and posted earlier, Now reposted, sorry! Kachua is an old client of mine – filled up SIP forms and keeps doing the SIP – now for almost 10 years. Kharghoshs were referred to me post 2008, in tears and in Red. Not sure how long they will last […]

Read More →

Most people I know pay taxes and also file tax returns. However to say that they file taxes honestly is a little difficult to say. As a social psychologist if you do analyze why people do not pay taxes, the following seem to be the reasons: a. Does not seem reasonable: Why should I pay […]

Read More →

Why is Navi Mumbai real estate so expensive? Or is it correctly priced? Well answers are difficult to get. A decent 2 bedroom apartment costs upward of @Rs One crore. Even for a professional who has a nice starting salary of say Rs. 500,000 gross income (per annum) the cost of a flat is about […]

Read More →

The number of posts that I have written about my investing blunders keeps me wondering how or what kept me going at all! This blunder is perhaps the biggest of them all. A quick recap of my life and timelines is necessary for this. In 1986 I qualified as a CA and got into practise. […]

Read More →

The Kharghoshs were leading a comfortable, lifestyle. Typical Alpha male knew everything about investing by reading brokerage websites! He knew that equity gives best returns, so he had a leveraged life style! His house, car, vacations, were all from borrowings. He had ALWAYS earned far greater than the interest rates that he was paying. He […]

Read More →