I have a few friends, cousins, etc. who ask me BEFORE THEY INVEST…here is an email that got forwarded to me saying…sounds too good to be true, want you to say my decision of saying NO is correct… I have reproduced the mail here..was sent by a National Level Distributor (not a bank) …clearly violating […]
SIP creates wealth in the long run, however it gives no immediate gratification. Equity trading (what the common man thinks is investing) gives immediate gratification and does not create wealth for the client. The broker wants him to trade so that broker’s wealth goes up. So what is the solution? Sell SIP in equities as […]
I read the Kiyosaki book about 10 years ago if not earlier..and could identify with him…except for the ‘Amway’ type of selling. Not that I have anything against Amway, but it was not my style. Many people pushed me Amway as a training opportunity, etc…but it did not cut. However, now identifying with RK is […]
Again for a Saturday……to quote Busybee…here is a nice story… The biggest problem for people with small amounts of capital is that they may not be liquid long enough to hold on to their conviction. If for example you feel the salaries of the unorganised sector, the organised sector and the financial services sector should […]