People end up asking me some very basic debt market questions too…so here is an attempt to help them…if they do not know the basics Continuing the debt class, have you ever wondered what assets can you invest in to meet your debt requirement? Well there are many – and most of them you know […]
http://www.subramoney.com/2011/09/my-lessons-in-equity/ Please read the above-mentioned post. As well as the comments, and I will give u an update. Now an update on this post. Mr. R is known to me and I called him a few days ago. This was because I was taking a trading position in Hindalco – at about Rs. 92. I […]
Do people make serious financial mistakes? Difficult question to answer, and it also depends on whom to ask. However the question should be framed slightly differently. “Have you made any serious financial mistake? And if you are saying NO, do you understand what you are saying?’ My interaction with people of various ages shows the […]
I did not know whether to say what every graduate should know or what every doctor, mba, ca, engineer should know. It is what my view is about what every kid coming into the job market should know: 1.The Gross salary that a company offers to pay you and the net salary that you get […]
Let me start with a caveat. I do not benefit at all if you invest in equities. Or if you buy real estate. Or if you keep your money in banks or LIC. I am indifferent to what you actually do. Why should it impact me at all? Except that in a kinda roundabout way […]
I have handled this question many times, and have come out with similar answers. However here are some questions which are IRRELEVANT …. 1. How much has the house appreciated by: Many people write in to say ‘I paid Rs. 20L now it is worth Rs. 37 lakhs’…This is completely immaterial. Your house appreciating has […]
Sometime back I decided to write about something which I have been advocating for years. How will you like it if I can postpone your tax payment from the year 2014 to 2034? You will love it right? First of all it means your money compounds for 30 more years, and you are paying with […]