There was an amazing news item now. Mr. D Swaroop said Rs. 15,000 crores was paid as commission to the insurance distributors, so they have decided to eliminate commissions. Fantastic idea, should be immediately implemented! Vow! So the investors save Rs. 15,000 crores. A quick calculation showed that the insurance companies paid Rs. 22,000 crores […]
Frankly this is not a ‘how to sell life insurance or mutual fund’ tutorial but just a note on how desperate the industry is to sell! ALL the life insurance companies – Aviva, Hdfc Standard Life, Icici Prudential, Tata AIG, Birla Sunlife, Max New York Life, Reliance, Kotak, – have called me at least 10 […]
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 […]
Over the last many years after interacting with people I still cannot understand human behaviour. I can only say that I tried doing something! Over the past 3 days we did an event called the “India investment show”. Fund managers, analysts, company managements, come and make presentations – and the common man can walk in […]
Enrolling in the National Pension Scheme (NPS) is very simple. You will go to the nearest point of presence (PoP) and do the necessary documentation. Keeping in mind the banking KYC this will involve carrying proof of residence, pan card, 2-3 passport size photograph, etc. and fill up the prescribed form with the required documents. […]
Continuing the debt class, have you ever wondered what assets can you invest in to meet your debt requirement? Well there are many – and most of them you know about. Let us just enumerate them. We will see them in detail in a later class. The list is as follows: a. Savings Bank account […]
One question on the top of everybody’s mind is of course “When will the markets recover?”. That is not just a difficult question to answer, but at best is a wild guess. However, the fun of prediction is to occasionally get it right! The market is a cruel barometer of corporate performance. In the preceding […]