Posts

Showing posts from 2016

How not to lose money in the Indian stock market?

Let me begin by saying I'm not a financial advisor. However, these are some tips that worked for me and I see no reason why it will not work for you. The first rule is to invest money that you will not need in the short term i.e., at a minimum within the next one year. Instead of investing in individual shares, please invest in an equity mutual fund. Depending upon your risk propensity, you can go for a large cap fund (lower risk - lower returns), multi cap fund or a mid /small cap fund(higher risk - higher returns). The top performing funds in each of these categories are listed in websites such as moneycontrol and valueresearch. Investing in a mutual fund diversifies the risk as your investment is spread across shares of a number of companies. Also, the mutual fund is managed by a professional fund manager. Never time the market. A systematic way of creating wealth is to invest systematically on a periodical basis preferably monthly. This is commonly known as Systematic In...

Broadway Musical - Matilda

My wife and I had been talking about this for the last few months but somehow were not able to visit one. Every time we thought about it something else took precedence. We finally decided to put an end to this dilly dallying and what better occasion to visit a musical than my wife's birthday. We decided to go for Matilda as we thought it would be appropriate for our daughter as well ( not really!!). The show was at 7 pm on a weekday. It was a brisk 15 minute walk from the New York Penn Station to the Schubert theatre.  We grabbed some grub on the way. Did not want to take a chance with my daughter 's hunger pangs in the middle of the show(as you might have guessed these things tend to kick in at the most inconvenient of times). We had booked the balcony ticket- seemed the most reasonable at 50 bucks a seat. However must warn you that it is not the place for anyone suffering from vertigo. This was the most optimum utilisation of space that I had ever seen. There was so little ...