If you are in the financial services business or in the Information Technology business, remember competition can come from anywhere. When SGX saw an opportunity in the Nifty futures, they said, lets do it. Now while NSe has to get up every morning and worry about service tax, stt, Gaar, ..and well an occasional bandh […]
i have a core portfolio – and a small trading portfolio. The amount allocated to the trading portfolio has not changed in the past 4-5 years. Take a bow, Ratan Tata, Tata Motors back to the Jewel position in your crown… In the recent past i had added Tata Motors (dvr), Cholamandalam Investment, Divis […]
In the Indian markets when one asset class is losing, other asset classes also catch up fast. So if you think you have invested in real estate, equities and debt – you may not be diversified enough. In fact if you have diversified across asset classes at all points in time, one of the asset […]
Many of us pretend to understand risk and think we are fully prepared for it. Wrong. Most of us are hoping that since our parents did not face risk, we will not face risk. Let us look at some of the risk which we pretend will not happen to us, because so far it has […]
‘My Grandson has run up a HUGE debt…fool he is, so I am going to repay it in one shot’…………….said a friend’s father. Chuckle chuckle….DO NOT REPAY the loan I said. I said again R bhai, do not repay your grandson’s debt, it is not worth it. He was really shocked – knowing my anti-debt […]
I recently met a 85 year old man who has all his investments in bank deposits and post office deposits. This is a good portfolio – and he has about Rs. 12 lakhs. As his income is below taxable level he does not pay Income tax, nor does he file his IT return. He had […]
Well this is the question a NRI is asking…sure Indians are also asking, but face it, they have no choice! Let us look at China. If I had my money there, I would be worried and pulling out. The government has too much money and it does not let the citizens spend – that is […]