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Showing posts from January, 2023

Consumption “Assets” and Net Worth

Whether value of your primary home or the car you drive be counted in your net worth? Or in Indian context, the value of jewellery you possess? For a long time, I was on the other side of the fence – any consumption stuff should not be considered in net worth working. Now, my views have changed – the stuff which give you and your family “status” and let the world know that you have “arrived” are definitely worthy of being counted in your net worth. Ok, don’t roger me for being so subjective despite of running a blog obsessed with numbers. But even in numbers context, anything which can be liquidated for money maybe be considered in “Net Worth”, or more simply wealth status. I say “maybe” and not “should” because for consumption stuff, which serves only a particular need, it is upto an individual of what he / she plans to do with the money realised after liquidating the stuff. For example, I scrapped my 15 plus year old motorcycle and got nearly 10% of purchase outlay as cash value....

Facts Vs Opinions – Comparing Indian Equity Markets And US Equity Market Performance

Do you believe that Indian Equity markets are doing better than US equity markets? As far as I get the drift from the “news”, it seems Indian markets are on the roll, while global equity market, especially the US is doing bad. Let’s see if the numbers support this opinion!!! Here’s what the numbers say***: 1 Year calendar year (CY) performance, basis Total Return Index (TRI): -           NIFTY 500:           4.25%   -           S&P 500:              -18.11      Indeed, Indian markets have held up better. And hence all the noise about being an oasis in the desert!!! What does 5 year horizon hold? -           NIFTY 500:           11.52%  ...