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MPD05
Senior Member
Joined: 31/Oct/2007
Location: United States
Online Status: Offline
Posts: 140
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 Posted: 03/Dec/2007 at 7:34am |
Smartcatjee,
You are right, age is one important variable. As one ages and shoulders more responsibility along the way, ones risk preferences and the ability to bear risk invariably changes. This typically manifests itself in the form of differences in asset allocation across different classes such as FD, Insurance, Real Estate, Equities, etc.
Since we do not know what % of each respondent's net worth is in stocks, it is hazardous to draw any inference regarding net worth just by looking at these numbers. For all we know, some people may have shifted from equity into the red hot real estate since 2003. I know a couple of friends who did that in Bangalore in 2003 and, believe me, they are laughing all the way to the bank!!
MPD05
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 03/Dec/2007 at 10:38am |
they are laughing all the way to the bank!! |
That's probably because your friends own the land and leased the building to the bank!
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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 Posted: 04/Dec/2007 at 8:44pm |
All those active and loyal TEDdies who have not voted in yet, please do so now!!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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xbox
Senior Member
Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
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 Posted: 04/Dec/2007 at 4:51am |
Originally posted by omshivaya
All those active and loyal TEDdies who have not voted in yet, please do so now!!  |
Om jee, Aap to aise likhte ho kee ki jaise kee next week times of india me article bhejne wale ho!!.
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Don't bet on pig after all bull & bear in circle.
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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 Posted: 04/Dec/2007 at 10:01am |
Hahaha!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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 Posted: 07/Dec/2007 at 8:46pm |
All those active and loyal TEDdies who have not voted in yet, do so now!!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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 Posted: 27/Dec/2007 at 11:06am |
This POLL is NOW CLOSED TO EVERYONE! Basant sir, kindly do the needful! Thank you for your very valuable time, all ACTive and LOyal TEDdies.
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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IP Logged |
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