So you want to buy a house? I had done such a post long ago. Here is a formula which I have arrived after a long time as a finance professional. Most of these rules were part of the mortgage business in the 1980s and even 1990s. However as the greed of the lender (and […]

If you switch on any YouTube video, or channel or even a blog by a financial service professional you get “Retirement advice”. Let us separate the wheat from the chaff. To start planning for Retirement you need to know how much money one needs for Retirement: Absolutely foolish advice. Most people in their 50s are […]

Are you worried about Liquidity Risk on your portfolio? Have you been spoilt by a market which did not crash much even though the pandemic is taking its toll on the economy? On Thursday of last week, the Canadian authorities published guidance directed toward investment fund managers on how to maintain an effective liquidity risk […]

First of all it is amusing to see FINANCIAL JOURNALISTS writing about options. FnO is tough to understand for practitioners, so expecting FJ to understand it is not right. Be that as it may, they do write about how options are to be exercised. So that was amusing. Also amusing was expecting the auditor to […]

More and More share buy-backs will now be visible! TCS has announced a buy-back, Wipro is about to announce, and many more will follow. This is obvious – the arbitrage between a 43% tax vs a 10% capital gains! One more arbitrage that is likely to happen is that some smaller Amc will launch AIF […]

If you are 22 years of age and have been smart enough to open an NPS, HONESTLY, ,, you should not read this article. However, if you are 50 and thinking of opening an NPS account, you should. If you have 38 years to worry about taxation, do not bother. It will change at LEAST […]

Here is a note sent by Mr. Sanjay Sapre of Franklin Templeton…I have edited it partially, that is all…. Here is a factual update on the latest developments related to the six fixed income schemes under winding-up. You may have also read with some concern, media reports pertaining to a First Information Report (FIR) filed […]