The problem with simple steps is most people do not believe it. I remember that sometime in 1999-2000 in class somebody asked me ‘give me some simple steps to great wealth’. I said : You mean? He said: suggest 3 shares which will make me good gains over the next 10-15 years. I said: If […]
Typically, the advise given is ‘do not be sentimental about your investments’. People also ask me ‘Tell me some shares like shares in your portfolio – like Gillette, Colgate, Hero Honda, LnT, Tata Power, EiD parry,….et al which I can also buy and forget for a long period of time. Hey investing is NOT about […]
There is no ONE way of building a retirement corpus! Retirement planning is almost like a religion, there are many sects, sub sects, protestants and of course there are the atheists…. Here is one method which has worked very well for a friend. However let me add that he is a brilliant stock picker, has […]
A few fund managers are visibly making statements like ‘this is a great time to be investing in equities…because equities are low’. Not true. If you do not know which equity share to buy (or which fund manager to back) ….you may end up buying real expensive stocks which are currently booming. If you are […]
It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
Let us look at 4 of them: Reliance Power ( P/e of 81, obviously not paying dividend) or Tata Power (p/e of 20 and dividend yield of 1.35), or Ntpc (p/e of 13 and div y of 2.62) or Nhpc (p/e of 8 and div yield of 3.31). could not decide, but told myself when […]
Here is a link to the thoughts of Warren Buffet… I more than agree with most of the article…also because I believe it, you could call it affirmative bias. I know people who have made fantastic returns in property trading, gold trading etc. However I do not believe that real estate, bonds, and gold can […]