There is a big hoopla about XBRL – and all people talk about ‘data integrity’. Well what is data integrity? Well if you are a user of data in India (no clue how it is abroad) you spend half the time wondering whether the data you are using is correct or not.And for those of […]
Thanks to the media everybody now knows about the NPS. At the end of training sessions people do ask…’Is the NPS suitable for me?”. Well that is a difficult question to answer. Let me tell you for whom NPS is not suitable at all! If you are young: If you are below the age of […]
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 should one look for in an advisor-distributor or what the Americans call broker-dealer? Well let us look at what one should be careful if a distributor is a person whom you do not know? 1. Do some kind of a back ground check if he approaches you. 2. If he has been recommended by […]
Hi Mr. Subramanyam, I am regular reader of ur blogs under Subramoney.com and they are really impressive and knowledge enhancer. However I am always of the opinion that in our country small investors are being always taken for a ride by these so called ‘SHARKS”. We always end up saying that one should have ‘Good […]
Long ago – in 2008 SEBI said that you could lend your stocks – made a lot of sense. If you are a promoter or a long only retail investor you could give your shares on ‘rent’ and earn some money. As usual the path to hell is paved with good intentions and SEBI did […]
October is a particularly dangerous month to speculate. The others are January, September, April, February, July, November, June, August, March, May, and December. or something to this effect was said by Mark Twain. One of the main reasons why people lose money in equities is people speculate instead of investing. Trading is not investing! So […]