Gold is under tremendous pressure internationally, so India may also see Rs. 25000 (just speculating, actually no clue) but Swaminathan A Aiyar says so in Economic Times. http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/gold-to-be-a-lousy-investment-in-the-next-decade/articleshow/19537567.cms I am not commenting on the price of gold at all. I do not think that to be a good investor you need to be playing the […]
It is customary for older people to talk about the loose morals of the younger generation, the increased corruption, and lamenting ‘In our times things were not as bad’. Frankly some of the horror stories that I have heard in banking channels makes me wonder, if I have no clue of the eps, why bother […]
Health insurance, more health diagnostics, more health treatment,….what we are losing out is on health! Now is the same thing happening in the Financial planning space? More financial diagnostic, more data, more analysis, more products, more variety of markets, – who is benefiting? The client who is paying or the client whose cost is going […]
I have always felt that motorists asking for more roads is like a kid telling his dad: “you have bought me too many dresses, now buy me a cupboard”. Motorists are a big drain on the municipal authorities and the state governments too. They think that the roads are built for them (they pay NOTHING […]
Terror strikes Delhi…and a young lawyer, among others is killed. His uncle says…he had to stand in a queue to go in because he had not taken his coat. Fair enough, the human mind thinks like this. However his uncle should perhaps accept ‘If he had to die on Thursday afternoon in a New Delhi […]
I have not been a great lover of the NPS for various reasons. One of the important reasons is that we do not have an index bond fund – so it is up to the Fund manager to decide what to pick. I hate that when I do not know the FM’s bond picking skills. […]
These are some wealth observations – learnt from observing, copying, reading, experiencing,….the following learnings are worth reading about: 1. High Income does not always translate to higher wealth: Unless you create income creating assets which grow at a rate greater than inflation, you cannot get wealthy. Simple Income has to be spent and then used […]