I have said this many times in the past….the easiest person who can be blamed is the distributor..so blame him! A couple of months ago Moneylife carried an article by Mr. Balakrishnan as to why investors should use the services of a bank, and not that of an individual distributor. I found it amusing, but […]
Property is seen as a safe asset. Most people have the following arguments for investing in property: – price can never go down – see prices in the last 10 years, my brother’s property has gone up 3 times !! Vow!! – God does not make more of it anymore, so prices can only go […]
Yesterday a friend showed me the working of Reliance Mutual fund – he does not want to share the work publicly though. He took a very (perhaps not practical) view that an investor does a Rs. 1000 SIP in each and every equity fund of reliance mutual fund right from the date of launch of […]
English is a very beautiful language. And unlike excel allows you to be as unprecise as you wish. Imagine running an advertisement driven business. You need everybody to advertise. So if you choose one scheme – you are antagonising 54 other schemes in that category. SO if you are serious, you should not run a […]
If you have a financial planner with a ‘product sale’ mentality – especially who has sold loan products also in the past, there is a good chance that he would suggest leverage. Leverage means borrowing. So read on… Financial planner: Borrowing sensibly is a good way to build wealth. Do a disciplined borrowing and you […]