If you had a heart attack or a paralytic attack, what would your family do? I am assuming that I am addressing the head of the family. Now if you are NOT the head of the family, ask yourself the following questions: 1. Do you know who all to call if there was such […]
When you are doing well and have a nice surplus (and the world can see it!) there is a good chance that people come to you for help. Nothing wrong in their coming, and nothing wrong in your giving, however it is not easy. Let me give you a few examples: Mr. M an executive […]
We are in the cowboy stage of financial advisers. Let us say something like the 1970s of the stock exchange or the 1940s of the banking industry! Let me list a few: 1. If you do not understand equity markets stay away: Correct advise only if you are so damn rich that you are not […]
Gold is under tremendous pressure internationally, so India may also see Rs. 25000 (just speculating, actually no clue) but Swaminathan A Aiyar says so in Economic Times. http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/gold-to-be-a-lousy-investment-in-the-next-decade/articleshow/19537567.cms I am not commenting on the price of gold at all. I do not think that to be a good investor you need to be playing the […]
I have referred to investment risk very many times in the past. This is a really scary risk in the Indian context NOW, as the inflation rates are sky rocketing. What exactly is Inflation risk? Inflation risk is the danger that an increase in price levels (normally for a sustained period of time) will […]
You hear the words ‘financially free’ or ‘financially independent’ regularly, right? What exactly do these words mean? Well there are a few things that it means: 1. You spend significantly lesser than your income: this is difficult to describe beyond a point. Let us say you are earning Rs. 300,000 a month post tax. Your […]
How much is the government of India deficit and how much lower will it go according to PC? Well it depends on how you look at the deficits, and what bank NPA number are you willing to believe. Hmmm When some deals happen you keep wondering ‘How do such deals happen?’ . In a public […]