this article appeared in reuters india’s personal financial page…. If my students do not ask “When will the market touch 21000 again?”, I ask them the same question. The most optimistic answer I have got is 6 months and the most pessimistic answer I have got is 2 years. Very clearly short term memory is […]
this article by Suraj of moneycontrol.com first appeared on ibnlive.com – i have reproduced it here as it contains my quote and reasonably explains what is an etf. So here it is as a part of my tutorial… Hovering at around 9,000 levels, the Sensex has shed more than 50 per cent of its value, […]
“I have invested in M/F near 2.9 lacs in various funds in various firms. Now NAV of all the funds is lower than the NFO. It is worth about Rs. 1.9 lakhs. Should i continue or exit?” In such extra-ordinary times this is a pretty normal question. All those investors who were brave in Jan […]
I would have called this a million dollar question. However, thanks to this great meltdown, let me call it the Trillion dollar question. The Optimistic view: the world loves a bull market. The world loves a winner. The world loves to see the “good” man win – that is why we pay millions of rupees […]
A few hundred calls from friends, relatives, readers….have all had the same question on their lips. “What should I do now?”, “Will the index touch 9000?”, “Should I stop my SIPs?”, “When will the market recover?” Frankly I have no answer to some of these questions. I realise that the real good fund manager (by […]
The best example that I have heard as a trainer regarding averages and standard deviation is the following: If one leg of yours is in the oven, and the other in a freezer, on an average you are comfortable. This is a big learning in statistics – the word average makes no sense […]
In every financial planning class I need to do a post lunch session. To keep them awake I ask them to do a simple exercise – calculating how much money they require for retirement. Unless they are at least 32-33 years of age, they have no clue as to how much they need for […]