Well frankly I do not know whether it is a good time to invest in gold or a great time to get out of gold. But let us look at the obvious reasons to buy or sell. Obvious reasons to buy: 1. The world is busy printing money so value of currencies will fall but […]
Shariah Investments in my portfolio, no thanks! Benchmark Mutual fund announced a Shariah compliant fund recently. Of course many mutual funds (Reliance, UTI, to name 2) are all in the process of launching and managing a Shariah compliant fund. What is a Shariah compliant fund? And what does it do? Shariah, the religious law of […]
If you have recently travelled in India you find private taxies – they are far more predicatble and well behaved. If you travel into Mumbai you will be greeted by a long line – normally 40 people in the Q and sometimes 60 people! It is amazing that Meru taxi, Gold Cab and Mega taxi […]
It is stunning how being a senior citizen is made difficult – in India as much as in US of A. One senior citizen who is hard of hearing (age 83) was approached by a very nice man who said “You seem to be hard of hearing, I can take you to a person who […]
this article appeared somewhere… Don’t take this risk with insurance Insurance is a risk cover – don’t risk the nomination part. Most people name their beneficiaries when they buy the policy, and then never give the subject another thought. That could be a mistake. Good consultants recommend that you take the time to review your […]
Should I buy real estate now – now that the market is down or wait for it to get lower? This is a question that everybody seems to be asking. Frankly I do not know. A classmate (Prakash) and I have been having a disagreement about the direction of the housing market. He calls real […]
Invest in an index fund – they will outperfrom the active fund managers by a mile. This is quite a normal advise by many financial advisors – especially those who charge a fee for advising rather than a commission. Of course indexing has its advantages – one of the most important being you are not […]