“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 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 have learned that the capacity to endure boredom without looking for excitement is one of the foremost requirements to succeed in investing,” said my broker friend Jigneshbhai as we sipped our coffee last weekend. We were meeting after a long time and my broker friend was reading from a speech he had heard in … Read more
“Expect a Surprise” said my broker friend Jigneshbhai as we ordered a fresh new flavoured cold coffee this time, when we met over the last weekend. “Is it a surprise or should I expect it?” asked a confused Swami. “If I expect it, it is no longer a surprise, and if it is a surprise, … Read more
“Thank God for the Supreme Court – now the government has to catch all the black money holders with Swiss Bank accounts” exclaimed my friend Swami while we were having our coffee this week. My broker friend Jigneshbhai was unmoved and kept sipping his coffee waiting for Swami to continue. As usual, nothing irritates Swami … Read more
“Yeh PSPO nahi jaanta!” Remember that old ad for – I think – Orient fans? In which a customer gets mocked for not knowing what is PSPO? That was the kind of look my broker friend Jigneshbhai got from Swami when he said, ‘No Idea!’ in response to Swami’s question on ‘where are the markets … Read more