I met somebody a few days back and he asked me the following questions: Why do you write a blog? What is the goal? What is India’s biggest financial planning issue? What are you doing to help the spread of financial literacy? I liked the questions, but he must have felt that my answers were […]
The year 2007 was perhaps the last year of the madness cycle – with Ninja and all kinds of excesses. However the market corrected in 2008 and recovered very fast in 2009. The sad part is that the persons responsible in Eurpoe and in USA were not even brought to book – the Banking Regulators. […]
What are the secrets of a successful insurance agent: (the insurance agent normally means the life insurance agent). These are the characteristics that the insurance company expects to see in a successful life insurance agent. His long term performance does not matter at all – there are Managing Directors who use techniques which are good […]
Insurance is about answering questions like ‘What if something were to happen to me?’. Since most of the times we do not have an answer for questions like ‘What if…i were to fall down…’…or many other ‘WHAT IF’ kind of questions – see this article on Money Mantra… http://www.moneymantra.co.in/insurance.html
If I were to define a millionaire as a dollare millionaire…that would at least make the club a little exclusive. If it is a millionaire – Rs. 1 million – i guess everybody walks into it :). Millionaire today has lost meaning. I guess the Indian equivalent should at least be ‘Crorepati’. Here are some […]
I have been inundated by brokers and issue managers alike about why the Stan C public issue of IDR (Indian Depository Receipt) is such a great product. I agree. I would love to have a big global bank with aggressive growth plans in markets like Asia, Africa, …and other parts. So inspite of the fact […]
On 3rd May, 2010 IRDA came out with an amended ULIP regulation…or whatever it is called. There is nothing special except that the reports in the media suggest that it is something new. Well the things are: No partial withdrawal from a pension plan – this will make the pension plan even more tax inefficient. […]