Personal Finance

If you want to see/ read about wealth and value destruction, one company to read about is GE. This set me thinking about the 'lucky' millionaires. Lucky in the sense that they did their CA or MBA and were looking for a job. Then they found it in Hdfc, Hdfc bank, Hdfc asset management company,…
April 24, 2018, 10:46 p.m.
Author : subramoney | Publisher: subramoney.com

There is a meme out there saying that "Amazon makes no money." This is false: Amazon's cash flow is f***ing enormous.
April 24, 2018, midnight
Publisher: thereformedbroker.com

No one is perfect; we all make mistakes in our lives. However, some mistakes can have bigger consequences than the others. The credit mistakes are one of them.
April 23, 2018, 4:34 p.m.
Author : Credit Sudhaar | Publisher: blog.creditsudhaar.com

Retirement doesn’t come easy. The key to comfortable old age is appropriate planning and preparation. However, a new study depicts contradicting results – people do not squirrel away adequate amounts, and they realise this a little too late.
April 23, 2018, 8:01 a.m.
Author : Tomorrow Makers | Publisher: tomorrowmakers.com

We cannot predict what is going to happen, but we absolutely can gain a good sense of how we'd respond to different outcomes.
April 23, 2018, midnight
Publisher: thereformedbroker.com

When Sachin Tendulkar and Rahul Dravid met for the first time - about 30 years ago - do you think they asked each other 'what is your batting average'? I doubt it. I doubt whether any batsman in the world worried about his batting average on a day to day basis.
April 22, 2018, 10:12 p.m.
Author : subramoney | Publisher: subramoney.com

There are some people who call me and ask me to review their portfolios. I no longer do that - I used to do it in the past. It is a thankless work with no reward for doing a good job. However here are some characteristics: Mostly these are inherited portfolios where the kid/ younger brother knows nothing about why a share was bought or sold.
April 22, 2018, 8:51 a.m.
Author : subramoney | Publisher: subramoney.com

The Indian income tax regulations allow for certain deductions or exemptions for all classes of taxpayers (i.e. salaried Individuals, professionals, businessman etc.)
April 22, 2018, 2:04 a.m.
Publisher: indiainfoline.com

"Success is a lousy teacher. It seduces smart people into thinking they cannot lose" - Bill Gates "It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so" - Mark Twain
April 21, 2018, 3:29 p.m.
Publisher: theinvestingjournal.in

I have been speaking to market intermediaries as well as investors. Frankly whether it is a Colonel in the army, a DSP of police, a practicing surgeon in Lucknow - most of them are players in the market. The IFA is a player in the market.
April 20, 2018, 10:48 p.m.
Author : subramoney | Publisher: subramoney.com