For Whom Wealth Matters
May 6, 2012 3 Comments
Stock timing can help us eek out a little something more from our investments.The following insights with respect to a few popular Indian stocks should help us time our entries/exits better.I have culled them from here:http://economictimes.indiatimes.com/markets/stocks/market-news/traders-bet-on-price-patterns-to-earn-big-bucks/articleshow/12973643.cms Read more of this post
April 7, 2012 Leave a comment
Let me share a joke a friend of mine sent me.There is a great deal of truth in it.Have a hearty laugh! Read more of this post
April 5, 2012 Leave a comment
 I have long been interested in knowing more about the historic Rupee Dollar exchange rates and the story of the devaluation of the Indian Rupee.I previously posted some data I had gathered on the subject here:https://wealthymatters.com/2011/09/25/the-rupee-dollar-exchange-rate/ .This post contains some more data I came across today here http://www.mises.ca/posts/blog/are-weddings-in-india-really-driving-gold-prices/ :
In early controlled exchange rate regime, the rupee exchange rate hovered around Rs 4 in the 1950s, Rs 5 in the 60s, Rs 7 in the 70s, and Rs 8 in the 80s. The liberalized era of 90s was different, the rupee moved in the Rs 20s (the rupee was also partly decontrolled in early 90s) and Rs 40 in the decade of 2000. Read more of this post
April 5, 2012 1 Comment
Gold is generally believed to be a hedge against inflation.However there has been a spate of articles disputing this belief.I found this nice article here that analysis the relevant data for India http://sachasingh.blogspot.in/2010/01/is-gold-good-hedge.html . The graphs and table below are extracts from this post.
The graph below shows the movement in WPI and average prices of 10 gms gold in Mumbai from 1970-71 to 2008-09.
wealthymatters 