On 28th August 2013, the Sensex closed below 18000 and the Nifty at 5285. Headlines in popular media went something like this: – Sensex recovers after morning crash, ends 28 points higher, The Hindu – Sensex drops over 500 points, Nifty slips below 5,150, The Economic Times As always, when markets are down, most of […]
Category: Investing & money
Free Reminder! If not now, when?
All the “learned” market analysts, brokers, media is telling us not to invest in equity now! If not now, when? “The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.” – John Templeton “The most common cause of low prices is pessimism. […]
Prosperous New Fiscal Year 2010-11
There is a reason to be happy this new fiscal year, 2010-11. All of us (with a savings account) will earn more. Although the savings account deposit interest rate remains unchanged at 3.5%, your bank will pay you more than what it did for so many years. (In other words, banks did not pay what […]
Anil Kumble’s Wide Angle Sixer
Anil Kumble launched a book couple of days back. It is titled Wide Angle: Candid Moments From My Playing Days with a foreword written by none other than little master, Sachin Tendulkar. The book is a compilation of his photographs spanning his career of 2 decades. Nice. Interesting. I may not have bought it for […]
Budgets of the past – The opening lines
Did you know all budget presented by various finance ministers since independence is available in pdf format at Indian Government’s budget website – indiabudget.nic.in. (The webcast of this year’s budget to be presented tomorrow, 26th Feb will also be available on the same site.) I happened to look at few of the budget archives and […]
Wall Street Meets 70mm again
In June 2008, CNBC-TV18 in association with Enlighten Film Society organised a film festival titled “Wall Street Meets 70mm” in Mumbai, showcasing 4 movies- Rogue Trader, Wall Street, Boiler Room & Barbarians of the Gate. I blogged late November, when I managed to watch 3 of the 4 “financial thrillers”. The 5th just got added. […]
Money Matters
Physics, History, English…. We learn them in school. Why don’t we learn finance? Of course, we did from our parents and grandparents. As one grows from a dependent to independent to having-dependents, managing finance is such a key aspect that makes a significant difference in life. Managing finance isn’t just about making the ends meet […]