Well depends on whom you listen to! There are many options about how to invest in a mutual fund. Let us see some of the broad options: 1. Online or 2. Offline The options in offline are – a) You go to a mutual fund house branch, fill the form and rest assured that things […]
Fortunately or unfortunately most of the net wealth that I have created is by being in the markets and for long periods of time. However this did not lead to a career in Portfolio Management Services – simply because the method of compensation and the amount of compensation did not attract me at all. If […]
One of the stupidest things I have seen people do while creating wealth is interrupting the compounding. When a person invests in mutual funds, unit linked policies, national savings certificate, ppf, direct equity, …et al it is fairly obvious that they will break something. Now if you suddenly need Rs. 2-3 lakhs from a portfolio […]
If you read the articles on my blog there is malice towards all – if an investor is getting poor returns there is blame to be spread all around. Obviously there is conflict of interest, sales pressures, excessive loads, high fees, charges not being transparent, etc. However one thing the media surely does not want […]
If you are a shareholder who started an asset management company and /or a life insurance company hoping to make money, God bless you! For those of us who are shareholders with the Birla, Hdfc, Tata groups – remember we are all funding the insurance and mutual fund businesses indirectly. Kotak bank, Hdfc ltd, […]
It is quite amazing to see how far away most of the media people are regarding the reality – especially in financial planning. Yesterday while flipping channels..i saw about 2-3 minutes of a program which was ‘discussing’ giving ‘Power of Attorney’. These are the things that I heard: – be careful to whom you are […]
Not getting into too much of detail about what Ayn Rand said in Atlas Shrugged..but the dialogue is worth reading. Google and find it please. She says in many of her articles that people who are goons have no respect for money and they will take it away from you. Now one easy way of […]