If you ever wanted to know how lobbying works, or how any government loots…read on: The government makes a lot of money by introducing a Security Transaction Tax – paid by all buyers and sellers of equities. This is a fantastic tax – it collects a lot of money and the government has to collect […]

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One of the kids in our office said “I can write well”. To me that is like music! So I said, ok write an article on ‘how to select a good broker’. This is what she wrote…Please read it carefully, and read my comments below the article. Do not take it seriously, it is the […]

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People outside the financial industry may not realise the ails of the industry! Let us look at the brokerage industry. Not long ago – circa 199o even until 1999, brokerage rates were falling but still was about 2% per transactions. Then the corporate sector war started – chasing the top line to come out with […]

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