“My favorite grandson passed away……” read my sms – my neighbor of 40 years was sending it to me on Jhanmashtami. Hey Krishna what is this..was the only thing I could ask the Lord…this cannot be a birthday cruelty God..then I realised why I was at a loss of words. Orphan, Widow, Widower,…are all words […]
Whenever there is a talk about investment (greed) or insurance (fear) there are a few statements that I hear, and it does not help at all! Let me elaborate on those statements: 1. You have Colgate? I wish I had bought that share WHEN IT WAS THAT CHEAP! – you can replace Colgate with Hdfc, […]
On 3rd May, 2010 IRDA came out with an amended ULIP regulation…or whatever it is called. There is nothing special except that the reports in the media suggest that it is something new. Well the things are: No partial withdrawal from a pension plan – this will make the pension plan even more tax inefficient. […]
I have written a lot of obituaries for the Indian mutual fund industry….let us see what an American Investor pays for investing in a mutual fund. Most American investors go through a Broker-Dealer or a financial planner who acts as a B-D. Forget the myth of a fee-based financial planner – he is as difficult […]
http://www.subramoney.com/book-written-by-me/ Star Plus is perhaps the greatest cricket expert who has never played for India. Since they know everything about the game, they should be made the non playing captain of the team. Every ball bowled, every word spoken, every catch taken – and of course dropped, every injury is analysed threadbare. Conclusion: Indian bowlers […]
One participant in one of my classes asked me does ECS stand for Easy Convenient Stupid method of payment? I did not know what he meant. Here is his story. Normally people think it is convenient to use the ECS method of payment. Like always this is normally the case. This reader had used ECS […]
A couple of days ago I gave you a few reasons to buy gold. Here I am giving you a few more reasons. However let me warn you that I do not have any trading interest in gold, but do have an investment interest in a company called Deccan Gold which is the only gold […]