The problem with risk is it is generally not visible. In most cases we wish to avoid it by PRETENDING that it is not there, or ignoring our inner voice which keeps telling us that there is risk. The worst thing is Risk is counter intuitive. Let me explain. In 2007 end and perhaps the […]
Well Sebi says the fund industry will be able to charge 2.75% p.a. as fund expenses. Since you will bear the service tax, brokerage, etc. assuming that it will cost you about 3% p.a. is a fair call. This is charged on a weekly basis, so you need to take the impact of weekly compounding. […]
I liked the 3 farmers who came on Satyameva Jayate and said “for my family I grow vegetables and fruits separately. For commercial farming I use pesticides. Products look good, but have a lot of pesticides. Like the CxO of a life insurance company said: “I cannot be investing in Unit Linked Plans’” I […]
A few days ago one of the persons I know called to say: “Do you know that 5 CEOs have resigned in the last month in the financial services industry!”. I said hmmmmm and did you know AT LEAST 5 financial services companies are in the market trying to ‘sell’ from one owner to another? […]
Every day I get one mail at least asking for the following: 1. Will you give personal advise on equity trading? 2. Is it a time to be buying gold? 3. Do you do PMS? Will you do it for me? 4. Why do you not suggest MF schemes to buy? 5. Why do […]
Vaibhav has suggested that I take readers views: happy to do that Please suggest what topics to write on…However here is a NEGATIVE list, on which I will not write: – which share to buy – top best 5 shares to buy / mf schemes to invest – anything specific about a company or a […]
I am not writing one more word on should you buy a UL or a MF product. Enough has been written in the world about this, right. I was just trying to see how both the regulators are looking at the products. 1. ULIP sellers can make a policy illustration: It is mandatory that the […]