Yes, the market can’t make up its mind. See the chart below. But that’s how markets are! Markets go up, they go down and in between they slaughter some investors or create a lot of wealth for others. The difference in those don’t get wiped out are They don’t panic. They work with simple rules […]
Savings, Stupidity, Stability – Confessions of an industry insider
I have worked for 17 years in the financial industry, more specifically, investments. Even more specific – Mutual Funds. I was better placed to understand the investment world. But must admit that it did not save me from committing some stupid mistakes. In fact, contrary to the popular perception, most of the people from the […]
The reality check of our mutual funds is here
If you have been following this blog for several years, you have also read the back stories for most of the popular mutual funds of the time as well as some of the non popular ones. Be it from the old biggies like HDFC MF, ICICI Pru MF, Aditya Birla SunLife MF or the smaller […]
What is the market telling now? – June 2021 Edition
Another month, another set of queries. Markets too expensive? Shouldn’t we wait before investing? If you haven’t read, the same question I tried to find an answer in May 2021 with this note. One month has passed. The Sensex 30 is up 6% since then (as of June 18, 2021) in a sort of fast […]
Why check Rolling Returns for Mutual Funds?
The top question on any investor’s mind is “what’s the return I can get?” I wasn’t surprised when recently an investor told me that his investment strategy was looking at past 3 year and 5 year returns of a fund and invest in the top ones. Now, you WILL look at past returns, there is […]
Investor and Irony
The irony of our behaviour as investors is that investing should help us prosper yet our actions leads to the opposite. We suffer because what we believe, what we say and what we do are out of sync. There is a big gap. Let me show you how. Here are some examples. First the most […]