Recently I have been inundated by mails, sms, calls asking for the head of a person who had done a story on how FD returns were better than equity returns over a 20 year period. Now doing data driven stories in India is JUST NOT POSSIBLE. Not possible at all. Why this sweeping statement? Simply […]
Hi my definition of a youngster – for this post – is those people born say 1980 and later. This post was triggered by a comment on the annuities post. Let me enumerate: 1. Most of these people started their working lives say from 2002 onwards. So from 2002 to 2007 they were told by […]
There are a few words which when a financial planner says looks cool. If my planner said them to me, I would look for a new planner! What are the words? 1. I will give clear, and UNBIASED advice! After 30 years in the trenches of the financial services industry I have not been able […]
I had a long, funny and sometimes heated discussion with an equity analyst. Not that he is a great analyst – nor is he a bad one. However like most fund managers he believes ‘equity returns are a function of timing’. He says…’see if you had invested Rs. 100 in the index in 1980, it […]