what do you do when you get such comments / emails…? ‘Do not believe what these experts tell you. See the returns in the equity markets in the past 10 months even on an SIP basis is NEGATIVE. Do not invest in equity markets. Keep all your money in banks ONLY…at least your money will […]
It would be so nice if Mr. Market had a blog where he could come and say ‘From today till Nov. 2014 I am going to be a bear’. Since there is no such blog or tweet we keep guessing whether we are in a bull market or a bear market…as outsiders mind you! It […]
One of the girls who read my book….has sent this note….I have masked her name….obviously do not want her name to show up in a Google search!! Name: hidden Age: 23 (born 1987) Profession: Service / Banker 1. At what age do you plan to retire? Have you started saving for retirement? I plan […]
I can choose the headline first and then fit the story! Confirmatory bias we call it. If i decide to do the following stories, I can : 1. Sell Infrastructure funds, they have underperformed 2. Buy Infrastructure funds, they have underperformed, but now they will start performing 3. We need infrastructure so buy infra stocks […]
I have said this many times in the past….the easiest person who can be blamed is the distributor..so blame him! A couple of months ago Moneylife carried an article by Mr. Balakrishnan as to why investors should use the services of a bank, and not that of an individual distributor. I found it amusing, but […]
Two hobbies of mine are running (long distance like the 10k and the half marathon) and cycling. Now long distance running and cycling are both endurance testing rather than speed and strength testing. However, I need to increase my speed – so that I can finish in decent time if I enter a competitive race. […]
Not sure whether I have written about this friend of mine who does a very different type of SIP… He started his SIPs some time in 1998-9 and is now a ‘bhakt’ of the SIP concept. Let me explain how he went about investing. Let us say he started with a SIP of Rs. 2500 […]