There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth […]
If you had invested Rs. 10,000 in Wipro and kept all the shares with yourself, and spent all the dividends, your portfolio would be worth Rs. 300 crores (ok it does not matter whether it is 100, 200 or 300 crores) – it is just a gigantic figure! If you had invested in Reliance, Hdfc, […]
Parroting ‘time spent in the market is better than timing the market’ is done by many journalists especially in the financial sector. However it does not giving the following advise: “It is your money. So if you are nervous about the market move into cash” When there are dark clouds, when you are feeling sad, […]
So India was kicked out of the Twenty 20 World Cup, and a billion fans are crying about it. Correct? Let us see what we can learn from here: 1. In the T-20 format, it is far more difficult to predict than in other forms. Just as how no fund manager knew at 21000 sensex […]
Invest in an index fund – they will outperfrom the active fund managers by a mile. This is quite a normal advise by many financial advisors – especially those who charge a fee for advising rather than a commission. Of course indexing has its advantages – one of the most important being you are not […]
Many people who read my blog ask me one question. Am I against real estate investing? The answer is NO. It is a capital NO font size 72 dark, bold, …what ever else you want. However the common man – or most of the people whom I meet are so poorly equipped to deal with […]
How many of you have grudged your friends who say “My father had bought a flat in Santacruz for Rs. 200,000 in 1977, now it is worth Rs. 20,000,000” – surely you felt pangs of jealousy did you not? Did you think…if I had this I could have retired instead of suffering this boss? You […]