The Financial Literacy program should start at the Finance Ministry. The FM says ‘Insurance Industry suffers …because of mis-selling’. Bang on. If LIC does not mis-sell and collect huge premia on endowment plans (by the way ULIPs are just a form of endowment plans), who will bail out the PSU companies coming out with IPOs, […]
Sir I have Rs. 100,000 to invest, what should I do? Want to invest for 7 years… Answer: In such turbulent times you should not invest in an equity scheme. So please invest this money in a clutch of balanced fund – Franklin Templeton Balanced fund, Reliance..fund (do not remember which), Hdfc Prudence fund, and […]
Awright, I have posted enough book reviews of ‘Retire Rich Invest Rs. 40 a day’, but here are some comments: ‘I was surprised that there was no book on Retirement in India till you wrote one’ – one doctor. My answer: Not true. There have surely been attempts earlier, but you may not have been […]