The most important thing about a regulator is he speaks in the language of the MOST powerful player. Period. So if it is RBI he will speak in the same tone as State Bank of India. If it is Insurance, it will sound like LIC and in case of mutual funds it used to be […]
The Sundaram Mutual ad is giving reasons – ‘Why investors love our dividend policy’….3. They say to pay dividends, funds must BOOK profits. This is true, but how does the fund house know whether I need the cash today or after 5 months? Do they know that I am a 23 year old hoping to […]
Mumbai has a peculiar problem- exhorbidant real estate prices. However this does not mean economics is at work. I would know of many people who live far, far beyond their means. How does this happen? Well their parents are cash-flow poor, but asset rich. The children are asset poor, but have some cash flow. Take […]