The normal question you expect to find in a personal finance website is ‘Decide on how to fund your car’..but let us go one step behind! In the last 6 months I have seen 3 kids getting a Nano to go to college. Luxury or Necessity? No comments. Reality. I have seen a person […]
For all those people who feel that the regulator is not doing a good job, well, see what happens even when they do! Peerless, Sahara, and the likes are great Indian companies. No regulator, or government can ever say that they are doing anything wrong, but nobody is sure also. They can get a license […]
The number of school teachers in the country is quite a large number – surely runs into tens of millions. Is it surprising that there are no websites or books meant for teaching investing to school teachers? No. Actually it is not. School teachers in India (on an average) are paid pretty badly and do […]
“Mutual funds are no longer profitable”; “It is not worth being in the life insurance business” – you have heard this and variants of this from the ad driven media, right? Well the truth is not very close to this. Let us take the case of Hdfc Mutual fund. Given the huge AUM already under […]
What are the signals of knowing an adviser is good or bad? Sadly even though one can write many points to know who is a good adviser…the need is for spotting the WRONG guy which is more important! If he says the following things, keep your antenna up and please pick up the signals: 1. […]
Suppose you have bought a policy from one of the life insurance companies (classic endowment) and wish to surrender it, what do you do? Go to the life insurance company and say “i wish to surrender this plan please”. They then follow a very complicated path and tell you how much they will pay you. […]
When a banker aged 58 buys a UNIT LINKED PLAN…do you feel sorry for him or say ‘well all your life you did to your clients did you not?’. A banker spends all his life dealing with legal documents, he knows the value of the signature that he puts on the paper, correct? He is […]