Monthly Archives: December 2013

DEVYANI KHOBRAGADE AND MUCH ADO ABOUT NOTHING

We Indians are emotional people. We see a young pretty government official being humiliated by the super power USA and we are up in arms. We devote reams of paper, TV time and sound bytes on reacting to an issue … Continue reading

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INFLATION INDEXED BONDS 2013

The Government of India, is issuing Inflation Indexed National Savings Securities- Cumulative, 2013 or Bonds  with effect from December 23, 2013 to December 31, 2013. The salient features of those bonds are as listed below:-

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ARE TAX FREE BONDS WORTH INVESTING?

In the last few days, there has been a flurry of Tax Free Bonds issued by various Institutions. A number of people have queried about them.  They are a useless investment option. You might as well put your money in DSOPF/PPF/Provident … Continue reading

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THE INTELLIGENT INVESTOR

If there was only one book which I had to recommend to anyone desirous of investing in stock markets to read, it would be Benjamin Graham’s famous book Intelligent Investor. The book was first published in 1949. But has remained contemporary till … Continue reading

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ELECTION RESULTS AND A JUMP IN INDIAN STOCKS

Election results to four states of India have been announced yesterday. The pleasant surprise for Indians in general and me in particular is the success of Aam Aadmi Party(AAP). I just happened to give a “white” donation to them towards … Continue reading

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The Sad Truth about IPOs

Benjamin Graham, the father of value investing, writes in ‘The Intelligent Investor’… “In every case, investors have burned themselves on IPOs, have stayed away for at least two years, but have always returned for another scalding. For as long as stock … Continue reading

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POWERGRID IPO

Do not subscribe to any IPOs and therefore not to PowerGrid IPO either. Why? Because all IPOs are meant to benefit the company, the merchant bankers of the issue and brokers. Everyone else except the shareholder. So, as a matter … Continue reading

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