Honest to God, this conversation is not an exaggeration. Please read it, and tell me how useful this advise was: Anchor: Sir, when buying insurance should you buy insurance or an investment too. Expert: Well you should look at all the features. Normally people buy life insurance to get the 80C benefit. Which means in […]
Too much is made out of entry load, exit load, ulip, cost of fund management etc. Most of the loss (leakage) in personal finance can be attributed to the inefficiency of execution. Even good advice is lost to poor execution! Let me enumerate (Ripley’s should not use it in their Believe it or Not, please) […]
Somebody asked me…’Why cannot you be more sympathetic towards the media?’ Why indeed? When I heard about the Norway bombing I also ASSUMED it was ‘islamic terrorism’ well it was not. When I interacted with the police, I realised that not all terror attacks are by islamic terrorists. I realised that there are people who […]
If you are a reasonably big company you need to file your Annual Returns with the RoC (Registrar of companies) in the eXtensible Business Reporting Language. Annual Returns include your Directors Report Auditors Report Profit and Loss Account Balance sheet Notes on accounts Management Discussion Analysis…etc. A company has to file its AR in xbrl […]
There is some advise that you keep getting from the media. You have heard it so many times that you know that it is correct (or the person who is giving, the journal, the channel, all of them believe)…but most people do not know how to use it. So I call it brilliant, but completely […]
Well if you think your broker hid something from you….well you are partially hide! Also when your broker did not tell you that dealing in derivatives will lead to a quick death…well that is also partially true! The problem is Death Derivatives are something new – and both the above statements are not true for […]
One major problem with most of the people buying life insurance is ‘not knowing what they are buying’. Now a buyer should at least know what is he buying, should he not? The whole purpose seems to be to create some confusing products and make sure that the beneficiary is either the manufacturer or the […]