Except investing more and investing for a longer period MAN will do anything to increase his wealth. Fairly obviously the person who starts early, invests more, for a longer period WILL have more money in the corpus assuming the same… Read more
Category: Finance
What is safe leveraging?
Let us get it right, the real rich do not borrow. Never ever for personal expenses, buying assets or personal INVESTING. Borrowing and investing is a very foolish thing to do for most people. Will a Mukesh Ambani or a… Read more
Portfolio Construction: steps
What is portfolio construction? Let me start in the correct order: Setting your Goals Making your Investment Philosophy Statement Understanding Asset allocation Next step is Portfolio construction. Once you have decided to do Goal Based Investing, set your goals, made… Read more
Where to invest now?
Seriously I do not have an answer to that. I never had. I am not convinced that you NEED TO INVEST NOW. Having said that if you are doing an SIP it is time to keep investing – there is… Read more
Advantages of being wealthy
What is the main advantage of being wealthy? Simple. Some of your ancestors have understood the role of ‘n’ in the compounding formula. They also know the virtues of sitting tight in one place and not affecting the compounding process…. Read more
Must you book profits? at all?
I receive so much of advice these days on my inbox, that I would die if I read them all. So sorry I stick to a few people whom I can talk with, and reports I ignore. I do read… Read more
How people lose money!
Long ago a relative of mine came up to me and asked ‘how can this company pay 22% p.a. interest’? and I burst out laughing saying “only fools and idiots will invest in these schemes”. He turned red. He had… Read more
Will GST disrupt accounting and financial reporting?
As India gets ready for transition to GST, the key question is whether India Inc. is prepared for this transition. GST transition is not only about a tax change but a complete business, finance, accounting and reporting overhaul. As management… Read more
Being Smart about Credit!
Being smart about debt can help the average investor save a guaranteed 3% p.m. This is a serious amount of money for people living on a day-to-day basis! It is a conscious decision that could save you a decent amount… Read more
Rajiv Gandhi Equity Scheme
If you ever wanted to know how lobbying works, or how any government loots…read on: The government makes a lot of money by introducing a Security Transaction Tax – paid by all buyers and sellers of equities. This is a… Read more