By the time you read this you will know who is India’s next prime minister. However I am writing this at 8 am on 16th May. CNN IBN is not a channel of first choice – especially when there is an election. However while flipping channels I came across this channel where Rajdeep Sardesai was […]
Do numbers lie? Or is it that liars use numbers to lie? Mutual funds are assessed on the basis of their past performance. So the best fund in the last 3 years is likely to be the best fund in the next 3 years – after all we know history repeats itself! Let us take […]
Many people have been asking me this question. I thought I will wear the hat of an investment advisor in US and look at the world markets and see what to do. So here it is. Not too useful I am sure, but here it is: 1. All Central Banks are printing notes – so […]
When an insurance advisor approaches us, we are normally not in too much of a mood to buy life insurance! So when you are short of money, or if you (or your spouse) have lost your job the first casualty is the life insurance premium! You have just joined the 500,000 people who have lost […]
Gold: buy or sell? Most mothers (in India for sure, internationally, I do not know) are telling their sons and daughters – Gold is far better than the shares that you have. In the last 1 year it has given 32% return vs. -45% in your shares, so buy gold. To most common people this […]
When the 3 auto majors seeking publice money came to washington – they obviously came by their own private jets. It seems true that the senior executives of companies have forgotten to fly commercial. Of course it can also be justified that they travelled with their entourage of secretary, assistant, …etc. and it was cheaper […]
I normally do not put such quotes on my blog. But Marc Faber’s comment about the bailout was just too good. So here it is: “Dr Marc Faber, the investment guru commented on the American Economy as “The federal government is sending us a $600 rebate. If we spend that money at Walmart, that money […]