So many people tell me, write to me…..saying ‘I agree we should do something about our retirement’ but rarely follow up on their words! So many people in their late 20s and early 30s KNOW that they have to save, invest, etc for their own lives and their children’s lives. They read up good websites, […]
Today investing in equities is great fun, and interesting. So people go and read a lot of websites, books, magazines, articles – and find themselves nicely entangled in a web. Great. Then they read about the greats. So Warren Buffett tells them ‘Only those who do not understand what they are doing diversify’. Fantastic. Till […]
the title to this post is from The Economist – one of the fine magazines that I make an attempt to read. I normally read it online but a smart lady next to me piles a few copies on her desk, so occasionally I do flick a few issues for a relaxed read. Diversification […]
Well there is a document on the Sebi website saying a lot of good things…however if you remove a simple TRANSPARENT and quantifiable charge like entry load (1% of the amount invested – i think it is clearly visible, right?) and replacing it with a RECURRING regular charge (including on EXISTING ASSETS I PRESUME) …IS […]
There is a big problem all distributors face. When the product becomes good and has a successful track record, the distribution margins reduce. So it is a catch 22 situation. You work hard, collect money for a fund house, they employ a good fund manager who delivers good results…so the scheme does well. Then […]
Sunday ka philosophy quota….by the time you read this I would have finished running (people are so cruel, they call it walking when they see me!) the Standard Chartered Mumbai (half) Marthon, 2011…hopefully in good time… There is always an opportunity to help others – and you have no clue from where it can come. […]
My heart goes out to people who run television channels, magazines and websites – the constant search for news is not easy. Let us take the RBI rate hike which happened. A 0.25% increase in the Repo rate is actually not such a big news, but if you have to write about, it, well, you […]