Your daughter earns Rs. 44,612 per month as take home salary. You were initially very happy and proud about this. Then 3 months passed, you got her passbook updated, and noticed that she had a balance of 29, 643. You thought it was about Rs. 100,000 short 🙂 What happened? Well there was a phone, […]
‘Subra you did a post on do not trust an employee…can we trust a big branded financial company?’ asked a reader. Of course you can trust a big financial company as long as you can remember that: MF Global misplaced US $ 633 Million (or was it Billion or Trillion – when it comes to […]
Let me start with the caveats. I am a shareholder of L&T, and have been a shareholder for a very long period. I did my articles in Sharp and Tannan, which means I have done the audit of L&T. It was a great audit to be in – you got good food, good work, lot […]
What is a Systematic Investment Plan (SIP)? An SIP is simply; a method of investing a fixed sum, regularly, in a mutual fund. It is very similar to regular saving schemes like a recurring deposit. An SIP allows you to buy units on a given date each month, so you can implement an investment / […]
this article has been written by a friend who is a little shy of writing so he writes nuggets and sends it to me for asking whether it is good. Since he does not use it, i am using it in my blog…. Leveraging Real Estate –to your benefit With the Equity markets touching new […]