Deals with the behavioural aspect of investing
In last few days, we heard about a new incident in which many people were duped by fraudsters. The victims include eminent personalities like Rahul Dravid (Top sportsmen duped by Vikram Investments). While investigations are still on, 260 complaints have been received and the total amount could be in the range of 400 crore (Rahul …
Those who do not learn history are doomed to repeat it – George Santayana Key takaways: Continue SIPs/STPs as timing the market is quite difficult. If you have high equity allocation (80% plus), equity allocation should be reduced by booking some long-term capital gains from equity mutual fund. If the market were to correct, this can …
“I can calculate the movement of the stars, but not the madness of men” – Sir Isaac Newton In my conversations, bitcoin comes quite frequently in my discussion these days. Whether I am talking to my friends or family, everyone asks me if I invested in bitcoin and what exactly is bitcoin. It is also …
“Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.” — Charlie Munger Having 1 crore rupee (10 million for those outside India) is a nice sum of money. It embeds a sense of security in our …
Man is born free but everywhere he is in chains – Jean-Jacques Rousseau Confucious advised to choose a job you love and then you will never have to work a day in life. Quite true! Sadly, reality is always a bit different. Most people I meet feel stuck in a job. Ideally they would like …
“Only liars manage always to be out of the market during bad times and in during good times.” -Burton Malkiel This simply means that timing the market is almost impossible to do on consistent basis. So, here we are not talking about timing the market but on asset allocation. Any one who was panicking last …
Inflation is when you pay fifteen dollars for a ten-dollar haircut that you used to get for five dollars – Sam Ewing The seeds of second world war were sown during the hyper-inflationary period in Germany (after the first world war). Inflation is indeed a big tax on savers. Well, in my family, I was …
Mutual funds are great way to create wealth. However, there is a big difference in what return mutual funds generate and what return investors get. This is an attempt to bridge the gap between mutual fund returns and your return by avoiding some common mistakes. Some mistakes commonly made are: Trying to time the market …
Most of the time people looking to invest get bogged down with what return should be expected. Instead of looking at the big picture, we waste time about timing the market (elusive dream of buying at the market bottom and selling at the peak) and high growth. The equation of effective investing is quite simple, …
There is a saying in Hindi: धीरे धीरे रे मना धीरे सब कुछ होय | माली सींचै सौ घड़ा ऋतू आये फल होय || This means that everything happens gradually and not before its time. A gardener waters the plants daily but the plants bear fruits only in the right season. In the last few …
