Gold is increasingly coming under attack from politicians and central banks. Recent statements are disturbing. As is normal, politicians and central banks like to create imaginary devils to distract citizens from root causes. To explain our high current account deficit, gold is the new devil. Chidambaram talks about the need to curb gold imports “Demand […]
HDFC Crest ULIP – Discontinue or Continue?
In this article, I will explain how you can easily decide whether to discontinue or hold your HDFC Crest ULIP (Unit-linked insurance plan). There are certain points about HDFC Crest ULIP that are important to know. These have been covered in an excellent article by Deepak Shenoy at Capital Mind. He has explained why the […]
Diamonds as an investment – does it make sense?
Today I will share my views on diamonds as an investment. I will share a few great articles that explain the diamond business, the monopoly of De-Beers over the last century and artificial diamonds. Source: Wikipedia At the outset, if you are buying diamonds for yourself or for your spouse for ornamental reasons, it is […]
Gold Poll
It is gold poll time! Recently gold has risen to record levels of higher than Rs. 32,000/- I already wrote about gold and gold investment options earlier. I shared my inclination about gold. You might think differently. Or you might agree with me. It is always interesting to see what readers are thinking with respect […]
Are you an investor or a speculator – Benjamin Graham
Investment operation and speculation Benjamin Graham one of the gurus of investing famously said: “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” Many of us say we “invest” in the stock market. Or we have “invested” in a NCD […]