Each day when I open my Excel file and input the current price of my stocks I just hope the end formula result gives me a greener picture :)
Yes, i've been bitten by the Trading bug too....and I continue to keep my fingers crossed!!!
Friday, December 19, 2008
Friday, December 5, 2008
Random : 4th Dec
When it rains it pours...but today was like a cloud burst ...just that the clouds were everywhere...at work , at home , on the road....
but I remember my sister telling me...even the most difficult day ends somewhere..and then...it doesnt seem that bad afterall...
but I remember my sister telling me...even the most difficult day ends somewhere..and then...it doesnt seem that bad afterall...
Sunday, November 16, 2008
Im back too!
I'll take the easy route and blame the company IT policies for not keeping this space updated...since everyone's been writing about all the action in the meantime...i reckon I should do so too...
I've been blessed with a new Four wheeler ---I missed my dear Alto..while I am happy with my new Santro...
Sold my two wheeler...but all the fond memories remain...
Cut my hair really short....something i've been wanting to do since ages.
Inducted a New member into the family...friend turned Co sister...
Lost a member in the family...
Buzo's all grown up into a handsome young boy...although the transition from a pup to a good dog...ive turned myself from mummy to foster mom...all thanks to my mom for stepping in saving all the trouble ...( as always )...
Watched some phaltu / good movies in the meanwhile...
Missed a holiday....
Trying to get into an workout regime...
Completed a Medidation course...
To top it all....completed one year of married life!
So long!!!! Will try to keep this space filled with the happenings....
I've been blessed with a new Four wheeler ---I missed my dear Alto..while I am happy with my new Santro...
Sold my two wheeler...but all the fond memories remain...
Cut my hair really short....something i've been wanting to do since ages.
Inducted a New member into the family...friend turned Co sister...
Lost a member in the family...
Buzo's all grown up into a handsome young boy...although the transition from a pup to a good dog...ive turned myself from mummy to foster mom...all thanks to my mom for stepping in saving all the trouble ...( as always )...
Watched some phaltu / good movies in the meanwhile...
Missed a holiday....
Trying to get into an workout regime...
Completed a Medidation course...
To top it all....completed one year of married life!
So long!!!! Will try to keep this space filled with the happenings....
Saturday, July 19, 2008
I ticked two things off my list
My recent trip to AU was extremely eventful. Some for good and soe=me for bad.
But few things I can tick from my list...
Chopper ride over one of the most beautiful places ...12 apostles
Tried my luck with Gambling amd made 50 dollars as well
Some snaps
Thursday, April 17, 2008
A simple analogy:Subprime crisis Demystified
A simple story to understand the "asset build-up" leading to the subprime crisis in the US.
Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollar as there were only two pieces of 1 dollar coins circulating around.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, A and C now each own 1 dollar while B owned a piece of land that is worth 1 dollar.
The net asset of the country = 3 dollar.
3) C thought that since there is only one piece of land in the country and land is non produceable asset, its value must definitely go up. So, he borrowed 1 dollar from A and together with his own 1 dollar, he bought the land from B for 2 dollar.
A has a loan to C of 1 dollar, so his net asset is 1 dollar.
B sold his land and got 2 dollar, so his net asset is 2 dollar.
C owned the piece of land worth 2 dollar but with his 1 dollar debt to A, his net asset is 1 dollar.
The net asset of the country = 4 dollar.
4) A saw that the land he once owned has risen in value. He regretted selling it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollar from B and and acquired the land back from C for 3 dollar. The payment is by
2 dollar cash (which he borrowed) and cancellation of the 1 dollar loan to C.
As a result, A now owned a piece of land that is worth 3 dollar. But since he owed B 2 dollar, his net asset is 1 dollar.
B loaned 2 dollar to A. So his net asset is 2 dollar.
C now has the 2 coins. His net asset is also 2 dollar.
The net asset of the country = 5 dollar. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollar. The payment is by borrowing
2 dollar from C and cancellation of his 2 dollar loan to A.
As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollar.
B owned a piece of land that is worth 4 dollar but since he has a debt of 2 dollar with C, his net Asset is 2 dollar.
C loaned 2 dollar to B, so his net asset is 2 dollar.
The net asset of the country = 6 dollar. Even though, the country has only one piece of land and 2 Dollar in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blowed. An evil thought came to C's mind. "Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollar in circulation, I think after all the land that B owns is worth at most 1 dollar only."
A also thought the same.
(8) Nobody wanted to buy land anymore. In the end, A owns the 2 dollar coins, his net asset is 2 dollar. B owed C 2 dollar and the land he owned which he thought worth 4 dollar is now 1 dollar. His net asset become -1 dollar.
C has a loan of 2 dollar to B. But it is a bad debt. Although his net asset is still 2 dollar, his Heart is palpitating.
The net asset of the country = 3 dollar again.
Who has stolen the 3 dollar from the country ?
Of course, before the bubble burst B thought his land worth 4 dollar.
Actually, right before the collapse, the net asset of the country was 6 dollar in paper.
The net asset of the country = 3 dollar again.
(9) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollar bad debt to B but in return he acquired the land which is worth 1 dollar now.
A owns the 2 coins, his net asset is 2 dollar. B is bankrupt, his net asset is 0 dollar. ( B lost everything ) C got no choice but end up with a land worth only 1 dollar (C lost one dollar) The net asset of the country = 3 dollar. There is however a redistribution of wealth. A is the winner, B is the loser, C is lucky that he is spared.
Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollar as there were only two pieces of 1 dollar coins circulating around.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, A and C now each own 1 dollar while B owned a piece of land that is worth 1 dollar.
The net asset of the country = 3 dollar.
3) C thought that since there is only one piece of land in the country and land is non produceable asset, its value must definitely go up. So, he borrowed 1 dollar from A and together with his own 1 dollar, he bought the land from B for 2 dollar.
A has a loan to C of 1 dollar, so his net asset is 1 dollar.
B sold his land and got 2 dollar, so his net asset is 2 dollar.
C owned the piece of land worth 2 dollar but with his 1 dollar debt to A, his net asset is 1 dollar.
The net asset of the country = 4 dollar.
4) A saw that the land he once owned has risen in value. He regretted selling it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollar from B and and acquired the land back from C for 3 dollar. The payment is by
2 dollar cash (which he borrowed) and cancellation of the 1 dollar loan to C.
As a result, A now owned a piece of land that is worth 3 dollar. But since he owed B 2 dollar, his net asset is 1 dollar.
B loaned 2 dollar to A. So his net asset is 2 dollar.
C now has the 2 coins. His net asset is also 2 dollar.
The net asset of the country = 5 dollar. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollar. The payment is by borrowing
2 dollar from C and cancellation of his 2 dollar loan to A.
As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollar.
B owned a piece of land that is worth 4 dollar but since he has a debt of 2 dollar with C, his net Asset is 2 dollar.
C loaned 2 dollar to B, so his net asset is 2 dollar.
The net asset of the country = 6 dollar. Even though, the country has only one piece of land and 2 Dollar in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blowed. An evil thought came to C's mind. "Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollar in circulation, I think after all the land that B owns is worth at most 1 dollar only."
A also thought the same.
(8) Nobody wanted to buy land anymore. In the end, A owns the 2 dollar coins, his net asset is 2 dollar. B owed C 2 dollar and the land he owned which he thought worth 4 dollar is now 1 dollar. His net asset become -1 dollar.
C has a loan of 2 dollar to B. But it is a bad debt. Although his net asset is still 2 dollar, his Heart is palpitating.
The net asset of the country = 3 dollar again.
Who has stolen the 3 dollar from the country ?
Of course, before the bubble burst B thought his land worth 4 dollar.
Actually, right before the collapse, the net asset of the country was 6 dollar in paper.
The net asset of the country = 3 dollar again.
(9) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollar bad debt to B but in return he acquired the land which is worth 1 dollar now.
A owns the 2 coins, his net asset is 2 dollar. B is bankrupt, his net asset is 0 dollar. ( B lost everything ) C got no choice but end up with a land worth only 1 dollar (C lost one dollar) The net asset of the country = 3 dollar. There is however a redistribution of wealth. A is the winner, B is the loser, C is lucky that he is spared.
Monday, April 7, 2008
Its the journey that matters!
My trip to Ooty was completely unplanned and a pleasant one.
Probably the best weather during a holiday..Heavy rain and landslides didnt hamper any of the plans.
For people who wish to go there...driving via Bandipur is the best experience...it's extremely scenic , not to mention if you are lucky you can spot couple of deers , peacocks and some wild birds , boars etc
It's ideal to drive slow there....you can be rest assured that's the kind of fresh air you wont find anywhere in the City.
Here are some snaps of the journey
Probably the best weather during a holiday..Heavy rain and landslides didnt hamper any of the plans.
For people who wish to go there...driving via Bandipur is the best experience...it's extremely scenic , not to mention if you are lucky you can spot couple of deers , peacocks and some wild birds , boars etc
It's ideal to drive slow there....you can be rest assured that's the kind of fresh air you wont find anywhere in the City.
Here are some snaps of the journey
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