I have a few friends, cousins, etc. who ask me BEFORE THEY INVEST…here is an email that got forwarded to me saying…sounds too good to be true, want you to say my decision of saying NO is correct… I have reproduced the mail here..was sent by a National Level Distributor (not a bank) …clearly violating […]
Well nothing new in this post..we all know that Indians are good savers (hear hear…why banks in India are so profitable that even PSU banks make a profit)…well here is a study which was has been reported by Wharton…about India and China..nothing new, but presented in good style by Wharton’s magazine.. http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4578
Many (most) people think that IFA as a community look at the commission and then decide where the funds of a client have to be invested. Not wrong most of us would think this is fair – after all it is in ‘his or her’ self interest that they should act. However many smart agents […]
What is a Systematic Investment Plan (SIP)? An SIP is simply; a method of investing a fixed sum, regularly, in a mutual fund. It is very similar to regular saving schemes like a recurring deposit. An SIP allows you to buy units on a given date each month, so you can implement an investment / […]
Here are some responses: “I wish I had read this book 20 years ago” “The book lies on a table beside my bed…and it is exactly there..above my head” “Subra Sir..read 2 chapters not sure it is written for the common man…people like my parents will not understand it” – a 23 year old MBA […]
If porn is expected to excite you – emotionally well financial news papers do it just as well as the television media! I decided to be as free of emotion (:)). So I decided to pick a news item which read like this: ” …the firm in its report ..said also pointed to continued EROSION […]
Let us see…getting rich is easy is it not? Get a good degree ——> It will lead to a great job—-> You will earn a lot of money —-> You have got rich. This is one route. Well there are some issues – every body cannot get a good degree..so the scheme is torpedoed at […]