In the pre Sebi and pre NSE days, the BSE (actually it used to be called The Stock Exchange, Mumbai) used to do its settlement once in 15 days. Then it came down to once a week… This meant a lot of weak players would do transactions for a much longer period than what they […]
Army / Military personnel (this includes navy, airforce, border security forces, etc.) guard our country. However do they undergo any training in personal finance? The answer, is obviously, no. In an interaction with a few young army / ex army people, I have come to the following conclusion: 1. Like the rest of the population, […]
what do you do when you get such comments / emails…? ‘Do not believe what these experts tell you. See the returns in the equity markets in the past 10 months even on an SIP basis is NEGATIVE. Do not invest in equity markets. Keep all your money in banks ONLY…at least your money will […]
Well there are (were?) many ways of selling life insurance. The more important ones are agency, bancassurance, brokers, and of course the great Multi Level Marketing. The agency model is the toughest to build and even those companies which claim to have a big agency models are seeing the productivity go down. It is much […]
This is a pure humor column…figures are completely wrong, but I guess the trend is correct…. 150,000 people selling mutual funds (read as UTI), post office products, etc…. Exam introduced by SEBI (people wrongly call it the Amfi exam) 10,000 people selling UTI products Exam introduced in Hindi 85,000 people have passed the exam…now it […]
Pessimism about the markets? Well no. Not really, but can see some dark clouds: – the government’s inability to control inflation – MMS acting like a rubber stamp for the Lady in White – Commodity prices – including crude of course -Interest rates HAVE TO GO UP to compensate for inflation. Sadly Indian population not […]
I got a few calls in the morning (late last evening perhaps) saying ‘OMG I missed the SBI bonds issue…now I will get a much smaller allotment than what I had thought’. Let me correct you Ma’am. You will NOT GET ANYTHING if you applied on Tuesday, because the issue was fully subscribed on Monday […]