Droplet Wealth

  Knowledge is commoditized today. For anything and everything, we refer google. These are times, even when we have an ailment, we do not go to the doctor 1 st , we google 1st then go to the doctor and tell the doctor what’s our probable problem based on the symptoms we have.   So much so that a Doctor came up with a funny fee structure like below -  Is this limited only to “Others” and “Medical advice”. No, When I put myself in that scene, I am too like that. Each time I have to decide about something, Either I will discuss about it with close associates and then Google or the other way around but googling is not going away! When I think about it, I google more to vet the information I have got from others and I have never vetted the information google gave me! It seems I trust google more just like most others around me.  So the last week IPL started and I was asked to initiate Fantasy league Mails we play within our office. The game is all about predicting the w...

Gold is in a phenomenal bull run. Since the beginning of this year, its up 10% and in last year or so it has gone up by 34%, Since the Covid days its up a full 106 % and since 2014, its up almost 200% (~195%). Given these kinds of returns, it’s natural that we get excited and want to jump ship from one asset class to other or over allocate to an asset class. To make matters worse, the Equity returns over the last 18 months have tumbled, making Gold returns look all the more mightier.  So, its not really a bad time to “Stress Test” Gold and see if it’s really Glittering?  We are firm believers that any investment that we make should be looked at from a long-term view meaning starting with a minimum 5 years and then we move on to higher periods. As soon as the investment is ear marked for a long term period, its natural that the investment is made in to equity as we are again firm believers that over longer periods of time , equities outperform other asset classes.  Th...