There are some very important things that you should know if you are a decent investor…even semi decent is fine….by the way….. 1. Leverage: borrowing money to do a deal. You have no clue of the time frame for which you are doing the deal, but hope to make a killing. Normally the deal, the […]
There are many people who ask me “is this a good time to be investing”. I counter this by saying “Anytime is a good time to start a SIP”. Let us see what happens to people who want to pick up stocks / shares and keep it for a long time. Should long term investors […]
Thanks to Rich Dad Poor Dad (then bankrupt Dad too!) many people know what are assets and what are liabilities…I am making ONE more distinction…. Assets: are those assets which increase your REAL NETWORTH (NW) Assets: that increase your nominal NETWORTH Assets: that are essential for your living and usage Assets (liabilities!): that are not […]
Fiat money is about trust. You trust your government, hence you keep all your money in currency form, right? Take the case of a common man…and his conversation with a acidic Subra of Subramoney.com: Client: Hi Subra, I wish to discuss my financial life with you…May I? Subra: Sure Client: I have bought …..xyz […]
The simple art of writing an astrology column or appearing on television is to write in a way that you say nothing. Let us take some typical lines (in astrology): -those who are single will find somebody attractive to spend your life with. – business travel could be difficult, take care of your health. – […]
Reader: Sir is Hindalco a good company? Subramoney: Yes, of course. R: Good i bought it at Rs. 240. S: Hmm good. What is the price of the share now? R: Such a good company sir, I thought you would know the price! It is Rs. 174 now…(not sure about the date – a few […]
It is now compulsory for many companies to file their Annual Returns in XBRL format. Let us look at the process involved in doing this: You convince a company that you are capable of converting their pdf / other formats into xbrl format. Then the company sends you the annual return. Assuming it is in […]