Sorry the title is a little misleading..but there is the text. In life we buy many products – food, clothes, entertainment, investments, …etc. etc. Let us assume that we buy about 100 items. Out of this we understand the price of about 5 items. These are simple items which we can make at home. Say […]
What an amazing question. Give me enough data and time, I can torture the data enough to tell you how you can lose money in SIP as well as how SIP can make you a millionaire, OTHER CONDITIONS REMAINING SAME. If you had sold at every peak (weekly) and bought at every bottom (obviously weekly) […]
The Mutual fund industry is governed by SEBI. Great, So SEBI governs who can manage money. He should not have committed too many crimes (especially in the finance kind) and they get a license. Some famous names: Sahara, CRB, Peerless, Shriram, well what more to say? Some which refuse to grow up: Escorts, […]
Since the regulator wants to micro manage the mutual fund industry, here are some suggestions: No amc shall have an office in Mumbai / Delhi as the rents are too high. The managing director’s salary shall not exceed .001% of the Aum with an upper limit of Rs. 90,00,000 per annum, There shall be no […]
The mutual fund industry owes me some thanks for pushing a lot of people into investing! Surely the investors are happy and benefiting and hence enjoying the process. However when I speak to them I realize that there are too many mis-conceptions, let me clear some of them at least: 1. ‘Are mutual funds not […]
I am not sure whether many people over the age of 70 read my blog but here is an article dedicated to them. What are the 2 risks in a Retiree portfolio? – running out of money during your last few years – or living too frugally and leaving back just too much for your […]
A brilliant move by Sebi to remove the upfront commission in the mutual fund industry. Awesome. What is the implication of this? 1. Will the Investor get a better NAV? NO. he was anyway not paying any load. 2. Will the big distributor be hit? I mean somebody who has say Rs. 50 crores Aum […]