Borrowing is easy these days. But don’t end up borrowing stupidly. Here is a list of do’s and don’ts

I have grown up with the belief that borrowing is bad. The first major loan I took was for a house. What really scared me about it was the tenure. It was for 15 long years. Worries about being able to repay on time, the possibility of not earning enough over the loan period, etc. were alive in...

To focus on the short-term record of IPO gradings is the wrong way to use them. Here is the right perspective

Alot has been said about grading initial public offerings (IPOs). MoneyLIFE had even organised a seminar on this topic. Recently, a newspaper put out a list of IPOs with their grading and their post-listing performance. It shows an inverse correlation – the lower the IPO grade, the...

If you are buying stocks to make quick money, stay away

Of late, many phone calls from friends have been about the direction of the stock markets. Is the worst over and should one start buying, they ask. A few of them seem to have made up their minds and just want a confirmation. Based on my professional interaction with those in the industry, our stock markets seem to have bottomed out for...