In the 1960s if you wanted to buy a house, it was considered almost impossible to get a home loan. It was only in 1980 that Hdfc started giving home loans – and that too sensible amounts. That explains why Hdfc is so popular – people love the guys who gave them the HOME. Especially […]
A few days ago I did a sarcastic article on ‘how real estate prices cannot fall at all’….now I am contradicting myself! Two different stories about real estate deals: One person bought in a upcoming luxury project in year a 4bhk house for Rs. 112 Lakhs in dec 2006. In 4 years time, a self […]
“Subra, I met this Financial Planner and he has offered to do my financial planning for a fee of Rs. 24,000 – I can afford it, is it worth it?” was a call that I handled this week. I said: Gee, frankly I do not know. It takes a great mind to say “I will […]
Most of the ‘average’ students today do an MBA and get a degree. Now this could be from a great college, a good college, a bad college or a downright stupid college. Let me tell you the salaries that were being offered for these graduates. It is really appalling. For example I remember that there […]
http://www.subramoney.com/book-written-by-me/ Taleb’s latest book is a simple book – with a lot of one liners. Debashis Basu told me at about 3pm on a Saturday evening about this book. So by 3.01 the decision to buy the book was taken. After some work I managed to reach Twistntales – a cosy book shop in Aundh […]
I had done this piece for rediff in 2006. It is relevant today also 🙂 read on… The most important animal in the markets is the pig. It gets slaughtered whether the bulls have a party or the bears have a party. That pig is your lay investor. I am not a doomsday specialist or […]
NPS – New pension scheme or National pension scheme….does attract a lot of attention from many investors. However the jury is still out on whether one should invest in it nor not invest. One major (I mean MAJOR) DRAWBACK is you have no clue what will happen once you finish the accumulation stage and go […]