The word ‘guaranteed’ has a strange aura to it and it can suspend all our logical senses to consider and even buy. Dr Sharma has been approached by an insurance agent with a guaranteed income plan. Dr Sharma is 48 years old and has sufficient cash flows to take care of his expenses. He doesn’t […]
Losing money and the mind
The show, Man vs Wild, runs on Discovery Channel and is apparently quite popular. The general format of each episode is the premise that Grylls (the show’s host) is left stranded in a region with his film crew. The episode documents his efforts to survive and find a way back to civilization, usually requiring an […]
The Investor’s Worst Enemy
“The investor’s chief problem – even his worst enemy – is likely to be himself”, said Benjamin Graham, decades ago. Has anything changed since then? Nothing. Here is proof. #1 Rakesh Garg bought a health insurance policy for himself (52 age), wife (50) and son (20) as a single floater policy. The premium is a […]
Sovereign Gold Bonds 2019 – All you need to know before you invest
The Government of India has announced a monthly series of the Sovereign Gold Bonds 2019. They are available for subscription every month from June 2019 to September 2019. Here is a link with all the details that you need to know about these Bonds. The issue calendar as available on RBI’s website is as below. […]
Should you hedge investment portfolio against a market fall?
“Is there something like hedging investment portfolio of MFs?” A client sent this message this morning. My mind was thinking. Why would she ask that? Someone else has done it and told her? She has read about it somewhere and is curious? Is she scared about the current market scenario and how it will unfold […]