Consumers should always check out their contractor prior to hiring. He/she maybe an agent in disguise for the real gamblers - builders, owners, brokers, Stock/MF traders, bankers, manipulators of Dalal Street or Wall Street, etc. Keep aside the financial jargons; stock investments are no more than a glorified version of traditional gambling. Chances are, when you think about investing in Kochi real estate or
Apartments Kochi or stock the first thing that comes to mind is to ask an investment expert or realty professionals, overriding your OWN common sense. Also keep watching the BSE Realty Index and other similar trends. Reading the recent global market crashes and considering how manipulative the markets are, in general, the long-term success is not so rosy anymore for small investors. Many will surely take it otherwise, but that cannot change the ground realities.
Taking clues from today's proliferated media to make important decisions can be a disaster, be logical. They are notorious for changing opinions as quick as the status of markets. Forget what the Kotaks, Investment Magazines, Experts, Magic Bricks, NDTVs, 99Acres, Bankers, CNBCs, 2letservices, Consultants, RealEstateTimes, Yahoos, Google’s etc are suggesting to look at the local market conditions. There are no monarchies in today's digital world, but the basics of what Canakya or Kautilya said in Arthasastra cannot be mutated by few opportunists forever. Historical returns are of little value in formulating return expectations, standard deviations and correlations: When past performance of stocks/bond or housing investments are used as inputs, the outputs of the analysis are portfolios which performed particularly well in the past. When beliefs of investment experts are used as inputs, we get the output as better or worse portfolios. Good and reliable advisory add value by constantly evaluating the investment planning implications of alternative economic scenarios, investment solutions and lifestyle choices, managing costs, and counseling a margin of safety in saving and investing your money. Anything less is bad practice.