Uma Kannan wrote this piece on rediff.com….interesting..she called it “11 reasons not to buy ULIPs”. Easy to identify with some things she says…here it is…it appears in the Get Ahead section of the site.. I am sick and tired of writing about ‘should I buy a ‘ULIP or a MF‘ kind of articles. I know […]
When a salesman (by whatever name called – Financial Consultant, certified financial consultant, financial advisor, relationship manager, etc.) he feels he should get more commission than what he is currently getting. However, his immediate manager (from the manufacturer’s side or in his own company) feels – I helped him, so I deserve more credit. The […]
I have myself written many times about how to get rich and such other topics. Now I am myself changing it – some may even say topsy turvy. Ok if you do google you will find the steps – have a plan, make a budget, save money, invest it, put it in a mutual fund, […]
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 […]
One little boy was lost in the forest (he was the son of a sage) – his name was Ratnakara. A hunter found him and brought him up and he grew upto be a fine young man. He fulfilled his family needs by hunting and killing people – with an intention to steal. One day […]
October is a particularly dangerous month to speculate. The others are January, September, April, February, July, November, June, August, March, May, and December. or something to this effect was said by Mark Twain. One of the main reasons why people lose money in equities is people speculate instead of investing. Trading is not investing! So […]