If you ever wanted to know how lobbying works, or how any government loots…read on: The government makes a lot of money by introducing a Security Transaction Tax – paid by all buyers and sellers of equities. This is a fantastic tax – it collects a lot of money and the government has to collect […]
Recently heard of 2 frauds in companies lending against gold…. One of the biggest risk in a single commodity lending is the risk of that asset falling so badly that it creates a lot of NPA in your books. Now the lovers of gold will argue till the cow comes home that this cannot happen. […]
here is a letter that I received..if it were true, I could have paid a dollar for everybody clicking on my site…alas, i think it is one more junk mail..but it makes interesting reading, does it not? read on: How are you today? I must say that I have enormous respect for you considering […]
I hope Dr. Khan finds this article useful…Arjuna seek your answers here: Many people have been screaming about real estate as an investment. Well I have nothing against it, except that I do not understand it. Given limited brain power, I would rather not do it, instead of making a mess of the same 🙂 […]
“My husband does not lose money in equity markets – you know we doubled our money in the Maruti IPO’ vow I said…and as usually probed …. she said “Oh my husband only applies in an IPO, so he says we cannot lose money”…vow! There are 2 routes to the equity market. One is called […]
Today sadly, there is no pension plan which meets all your requirements. For example Templeton and UTI (both asset management companies) have a pension plan – and it is a one size fits all type of a plan. Typically a pension plan should have various options at the ACCUMULATION stage – when a person is […]
Look at some of the excuses that people give for not making a will: – I have a lot of money, but so do my kids. They will not fight for Rs. 50 lakhs. So true. I heard of a family which fought for Rs. 50, 000 crores, I am sure you did to! – […]