In the recent past I have made some mistakes in equities…here are a few…. 1. Buying EID PARRY at 155, then averaging at 140: I still do think that sugar being decontrolled is a good thing to happen, but this investment is going to take a long time to make money for me. 3 to […]
First of all let me make a distinction between a saver and an investor. A saver puts his money in instruments which give fixed or very closed to fixed kind of returns. Examples of this are bank fixed deposits, PPF, National savings certificates, Endowment insurance policies, Retirement plans fully in debt instruments, etc. etc. These […]
Hypothetical conversation between a GOOD INVESTMENT adviser and a potential client…. Circa 2007 end: Client: Mr. Adviser I have some shares in my portfolio can you please tell me whether I will make some money on them! Ad: Sure client, tell me which are the shares that you are talking about please? C: The shares […]
Books, music, etc. are priced differently for different countries. This has been the norm for a very long time. Text books which are very expensive in the US or UK are available in India at eye catching prices. So can you buy in India and sell in the US? technically the answer is yes. Amazon […]
I started off as a fan of Meru cabs – largely using it for airport trips initially. In fact at one point Meru became an addiction especially in Delhi and Bengaluru. In other cities Meru became very useful especially because I had no clue about distances and the geography. Then Meru started looking more and […]
http://in.finance.yahoo.com/news/how-much-can-you-lose-in-equity-.html Well just too many people have no rules, limits, …and have no clue on how to invest in equities. These people can, should and do lose their shirt, pants and undergarments…..and deserve it. Completely. Let us say you are a well qualified, sensible, boy or girl and wish to invest in equities. Well if […]
Most people are generally under the impression that the Government of India (actually the party in power) misuses the psu money and that is bad. True, well almost. HOWEVER, please note that some advantages that the psu undertakings enjoy should not be ignored. For a very long time you could pay your advance tax ONLY […]