There is no research in India done on topics like why people borrow, or how people invest…but here is an attempt at guessing…. 1. People borrow to buy assets : buying a car, a motorcycle, a house…..etc. requires sums of money that a person may not have, so borrowing becomes a must. 2. To pay […]
For those (like me) who are always bullish on equities, it is nice to read the equities history. The Russian Stock exchange got wiped out. In Austria from 1900 to 2012 – you would have been ripped apart with 97 years of losses In the US the returns from bonds has been BETTER THAN equities […]
Assuming a diary is a place where you will write down your darkest, best, …..an investment diary is a must. These 5 things MUST, MUST, MUST go into a diary if you really want to improve as a stock picker: a) log all ideas – history tells you which were good and which bad. A […]
“Let us get the basics right, Subra, if you want to be safe, you should invest in gilt. Equities, equity mutual funds, etc. are for the rich people who read your blog NOT FOR middle class people like me. I am a bank manager and I have all my money in bank fixed deposits. […]
Hindu Business Line carried an article by Aarti by the same title. She starts by saying it is blasphemous to even ask this question. I agree that it is the way the media has ‘asked’ people to think. However, I belong to an old school of thought. It is easy to say ‘costs are everything’. […]
Post Inflation (which is saying Real returns) in the US market was a NEGATIVE 3.4% P.A. from the period 2000-9. Is this the first time that it is happened? No. 3rd time since 1820…. Moral of the story? when you meet an adviser ask him…NOW WHAT……you told me 1 year is long term…even in 10 […]
Subra, my money is safe, I bank with a mnc bank. They have fantastic internal systems, audit, well paid and well trained people to look after my money. They have a fantastic ……. Really? And I have dealt with banks, insurance companies, mutual funds, IFAs, ….and I know this is a wishful statement, not true. […]