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 do many of these things and keep wondering how to charge for it…However if you do have a FA he should do the following for you: 1. Do not choose that instrument: He should have the guts and knowledge to say what kind of financial instruments YOU as the client should not touch. This […]
Is writing a cheque for an ‘n’ amount the only way to do charity? If not the only, is it the best? Actually the answer to both the questions is NO. There are many, many ways to do charity. For example it is easy for me to write a cheque to ‘Isha’ or ‘Akshayapatra’ – […]
Happened to watch Star Vijay Tv at about 6am today. One ad was for real estate – and one of the ‘idiots’ of 3 idiots was selling real estate. Did not pay much attention, but thought to myself ‘why the …..should these guys sell products that they do not understand’. Then i reconciled myself saying […]
Post Inflation (which is saying Real returns) in the US market was a NEGATIVE 3.4% P.A. from the period 2000-9. Is this the first time that it is happened? No. 3rd time since 1820…. Moral of the story? when you meet an adviser ask him…NOW WHAT……you told me 1 year is long term…even in 10 […]
Here are some questions: i have already answered them in earlier posts, hence just connecting..sadly wordpress is not working well…and I am not able to link it..please cut and paste the links on the browser and it should work… 1. Subra I agree that short term predicting of markets is difficult, but some of these […]
Attended a gyan session by a fund manager who said why we should be buying equities NOW. Of course I have never heard any fund manager say ‘do not invest now, markets are overheated and over priced’. Never. NOR do I hope to. After all in an aum based rewarding system even vegetarian fund managers […]