As a business if PMS has to sound reasonably profitable the minimum size of the portfolio should be at least Rs. 10 Million (Rupees one crore). Why am I saying this? Well if I have to meet a client 2-3 times a year, take his phone calls 12 times a year and get my staff […]
These are stories about a few friends. I have 2 friends – aged about 57 years. They were classmates and are now very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA […]
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 […]
When boys are young they are asked – When will you become a man? Sadly people think becoming a ‘Man’ is attaining a particular age. If that is so then all boys will become men. I think attaining maturity is the sign of a boy becoming a man. Here is a story of 3 young […]
Now that entry loads have been abolished the media will want to don the role of an investment advisor. Not that it is bad for the media, it is disastarous for the investor. This column will try to demolish some of the media perpetuated myths. Today let us look at the top most media myth. […]
I was recently at a conference for students – and was addressing about ‘ABC of Money’. ABC of Money is a program which is meant to introduce you to Goal setting, Quantifying Goals, Mathematics of Investing, Compounding, Annuity, Risk Profiling, Mutual Funds, Life Insurance, Retirement Planning and Record Keeping. It is a comprehensive program and […]
This is the second in a series of ‘myth busting’ articles..in all there are 6 myths. You will find a completely contrarian view in the print media! This is completely true some people think this is false! Only problem is people who think this is untrue do NOT know how to do fundamental analysis. For […]