There is Gen X which believes that the next generation – Gen Y – is the ‘entitlement generation’ . I have a slightly different view. The Gen X has in many cases exploited their parents – right from looking after their children, using their services like a servant, occupying their houses – there has been […]
Money laundering in India is not a very difficult thing….it could be complicated yes, but not difficult. Also there are many things that you can do with the cash. You could buy tiles for your house, furniture, eat in expensive restaurants, hire a car, air travel…..but beyond an X amount of money that you need […]
A survey in the USA – the land where ‘Greed is Good’ was created and is defended – showed how people with MORE actually are NOT liking it. Just check what happens when you have more. It actually forces you to choose – whether it is shirts, pants, a big menu card, a coffee shop […]
Well Sebi says the fund industry will be able to charge 2.75% p.a. as fund expenses. Since you will bear the service tax, brokerage, etc. assuming that it will cost you about 3% p.a. is a fair call. This is charged on a weekly basis, so you need to take the impact of weekly compounding. […]
I do many of these things and keep wondering how to charge for it…However if you do have a FA he should do the following for you: 1. Do not choose that instrument: He should have the guts and knowledge to say what kind of financial instruments YOU as the client should not touch. This […]
When my friend Sameer Saurabh told me that corrupt officials houses were being confiscated and converted into schools by Nitish Kumar of Bihar….here is a news item in Times of India http://timesofindia.indiatimes.com/city/patna/Corrupt-IAS-officers-house-is-a-school-now/articleshow/9918735.cms
When Gandhiji fought for independence….he really meant people should be independent of MANY things…not just from the English: From Disease and Illness: Gandhiji is the only person in the world who said ‘you should be ashamed to say you are ill…see what YOU have done to your body that YOU became ill’. I did not […]