My Ten Rules for 2020
Isn’t The Dawn of a new Year a Wonderful Blessing, Doesn’t it stand for Hope, giving us another start of what we call Life… I don’t quite know where my steps or path will lead me, but I sure know how to embark on the journey in this new Year. As we sit and ponder […]
Economy at a low; Markets at a high?
The two most relevant and frequent questions that we face today from investors are: Why is the market touching new highs when the Indian economy is faring so poorly and seems to be on a downward spiral ? And the next immediate question invariably is: Why is my portfolio doing so badly or underperforming when […]
Wealth Lessons from Guru Nanak Dev Ji
Five centuries after the passing of Guru Nanak Dev Ji, his words still resonate with his followers. As in all areas, his teachings related to money and wealth are also as relevant today as when he originally preached. On his 550th birth Anniversary today, lets recollect and learn from what he taught about wealth. In the […]
Prospects of Samvat 2076
We all love forecasts and making guesses. An end of a period and the start of the new Year is the most popular time to have another round of forecasts on the prospects for the year ahead. Diwali and the start of Samvat 2076- The Hindu Calendar Year- has brought with it a flood of […]
“October Effect” – Fact or Fantasy..
The stock markets have its own superstitions, sayings and lunacies.Some of them are connected with certain months, some with dates and some with specific days.Old stock market adage says “Sell in May and Go away”, “The back to school trade is always down,” and “Remember September always underperforms.”As per the Chinese calendar, August is considered […]
What is Contrarian Investing?
In the plains of the African national parks an event gets played out on a daily basis. The moment an impala or a deer senses danger and starts running; the rest of the herd also joins the run. Many in the herd will not even know what triggered the running. Similar scenes can be observed […]
Conquer your financial sins this Dussehra!
The festival of Vijay Dashami, or Dussehra, symbolises the victory of good over evil. There are four yugas widely accepted in Hinduism, Satya Yug, Treta Yug (Ramayana), Dwapara Yug (Mahabharata) and Kal Yug(Present) In Satya yug, the fight was between two worlds (Devalok & Asuralok). Asuralok being the evil was a different World. In Treta […]
Money Lessons from the Mahatma
‘Mahatma Gandhi’ and ‘finance’ or ‘ Investment’ in the same sentence somehow don’t jell. Gandhiji was the epitome of non-materialistic living and had virtually no connection with money. But contrary to popular belief, and despite the above facts, there are certain Gandhian ideas that certainly could help in your financial journey. Mahatma Gandhi’s life is […]
It’s the economy, stupid !
“It’s the economy, stupid” is a slight variation of the phrase “The economy, stupid”, which James Carville coined for Bill Clinton’s successful 1992 Presidential campaign against sitting president George Bush. Carville’s original phrase was meant for the internal audience of Clinton’s campaign workers as one of the three messages to focus on. Clinton’s campaign advantageously used the then-prevailing […]
$ 5 Trillion Maths
From the Ramparts of the Red Fort, Prime Minister Narendra Modi declared on the 15th August: “The goal to make India a $5 trillion economy by 2024 is challenging, but achievable.” By a simple CAGR calculation, The Indian Economy needs to grow at 13.11 % nominal rate to achieve the desired figure by 2024. Assuming […]