“The more that you read, the more things you will know. The more that you learn the more places you’ll go.” Dr. Seuss We have often come across a number of ‘Must Read’ books about investing. But, at the end of the day (& month), how many of us really manage to read through these gigantic reams of paper? A common complaint, we all have, is that they are too theoretical & indecipherable unless one has profound knowledge of economics, statistics, psychology & similar esoteric subjects. This book, “More Than You Know” by Michael J Mauboussin, decodes the indecipherable by tapping into a wide variety of knowledge from unconventional sources. Ever thought, what ants could teach us about the importance of diversity in efficient markets? What bees could reveal about the behaviour of crowds? This book will surprise you with such bizarre, yet immensely profitable insights that will change the […]Read more
Indian Bank is a mid-sized public sector bank with major presence in South India. In fact it derives 42% of its growth from just one state, Tamil Nadu. It has been a consistent performer for the past ten years and can boast of ratios higher than industry averages.
However, the last one year has seen the NPA increasing from 0.53% to 1.33%.
Will the increasing NPA and focus on the southern region hamper its growth?Read more
When we come across stocks whose prices have gone up by more than 30-40% in a span of 1-3 months, we are tempted to invest in it. The expectation/hope is that the stock will continue its upward momentum and rake in big moolah for us.
Take for example the stock of Unitech. Stock price of Unitech was Rs. 18.60 on 10th Sep 2012 and as we write the article the stock is trading at Rs. 23.80, an increase of about 30% in a matter of less than 10 trading sessions. Faced with this situation, we am sure you would have pondered whether there is more upside to the stock or is it overbought?
What should you do in such a situation? Should you chase such momentum stocks or stay away?Read more
Choosing the right stocks to invest your savings in is always the most difficult decision for any investor. This might give you sleepless nights wondering- Is this the right company to invest in? Will this company perform in the future? Will the prices move up or go downhill from here? Will I finally get good returns or bear losses? Finding the answers to these questions and taking the right decision is the key to investing successfully.
And to help you do this, MoneyWorks4me brings to you, the Power of 2 – an experience that will help you make right stock investing decisions with unbelievable ease and speed! Let’s find out how…Read more
The Banking sector in India remains an investment favourite for most of us. This is but natural, given its excellent performance in the past decade. But, when it comes to understanding the structure, we find it too complicated! Most of us even shy away from it.
MoneyWorks4me thus brings to you a simple analysis of the Indian Banking Industry in two parts.
This first article will help you learn the structure of the Banking Industry and what is its business model?Read more