“So finally this is the happy ending we were looking for!” said Swami, in an especially exuberant mood today, as we met for coffee this weekend. Swami’s smile knew no bounds today. “I wonder what took them so long!” he exclaimed. My broker friend, Jigneshbhai, obviously realized that the reason for Swami’s impish glee was … Read more
“It’s a bit like Karma. Every entry on the debit side has an entry on the credit side. There cannot be a single absolute good or bad” said the old man in the sprawling bungalow sitting next to our table while Jigneshbhai, Swami and I were enjoying our coffee. Today while we were silent, the … Read more
“Indians have a love hate relationship with stock markets” said the CEO of the Bombay Stock Exchange a few months back. And he goes on to add “We have a market that is not safe for investors to a large extent.” Further he adds “Only 2% of India i.e. 20-25 Million people invest in shares … Read more
“What’s up? Where have you been?” asked Swami, when we finally met after a long gap over coffee last weekend. It was indeed a long time since we had met our broker friend Jigneshbhai. “So many things have happened, and you have disappeared!” Swami repeated while sipping his coffee. Our broker friend had a sly … Read more
“What should we do now?” asked Swami, as my broker friend Jigneshbhai sipped his coffee when we had our first meet of the New Year this weekend. “Now that markets are back to their levels before our PM Modi came in, all my long-term investment plans seem to be back to square one. So, what’s … Read more
“As if all the fixed deposits and mutual funds and shares and gold funds weren’t enough, I also have to think about this gold deposits now” complained Swami, as we met this weekend over our customary cup of coffee. He looked at my broker friend Jigneshbhai, and asked “So should I invest in this new … Read more
It has been a while that I have posted to the blog, and one of the reasons has been editing my past writings in preparation for my book being published. So it is heartening to share on the auspicious occasion of Diwali that my book is published and is now available. The title is ‘Path … Read more
It was a long, long time after which my friend Swami and I met my broker friend Jigneshbhai over coffee yesterday. Like always, it was Swami who started while Jigneshbhai and I were sipping our coffee. “This Modi Sarkar is useless. It only talks. Nothing has changed on the ground.” I looked at Jigneshbhai to … Read more
I had the opportunity to read two books over the past two weeks. The First One was ‘The Lazy Person’s Guide to Investing’ by Dr Paul Ferrell, a former investment banker with Morgan Stanley and a columnist later, with some really useful and simple advice for the individual investor. Here are some excerpts: “Investing really is very … Read more