Stocks (and hence mutual funds) are often sold as something that give "assured" long term returns over a period of time. While this has been true for most of the times, and all time if we consider a long enough time horizon in India's recent history but is this always true? Can it be possible that stock markets can give lesser, say 10% returns over next 10 years? Or 5 percent annual returns? Or, taking inspiration from Nicholas Taleb, a black swan event happens and your end up barely recovering 80 percent of your principal amount (i.e. 20 percent loss) - Theoretically yes. Hopefully no. I am not a predictor of future, nor are thousands others who claim to have more than 1000% percent surety of future events. So, if you are contemplating taking a personal loan @ 12% for some financial need and want to be invested in a mutual fund for "assured" 12 / 15/ 18/ 25 percent returns, maybe you need to rethink. If you want to borrow money @ 12% just to inv...
I write little bit about miscellaneous topics. Ranging from personal finance to short stories to poems to random musings!

Wow!! New look, a new book!!
ReplyDeleteWas I gone for that long? :)
Anyways, congrats on ur book. Must feel great :)
Dhanyawaad :)
ReplyDeleteHope you pick up some 8-10 copies or so :)
The (w)riter Rathi....
ReplyDeleteI am proud of you dude :)
Seems like bad days ahead for Chetan Bhagat
What the hell rathi, ye kab hua? Congrats :)
ReplyDeleteThanks Vishal & Saurabh ... Will keep posted ... Maybe, 1-2 weeks from now it will be out!
ReplyDeletethis will be a revolution in the writing industry ...and movies too :)
ReplyDelete@marathe - hopefully :)
ReplyDelete