When you went to redeem your units did you get a feeling that they were trying to stall your redemption? 3 mails which I had received made me sit up and think. Is there a pattern, I am not sure. However even when i have attempted redemption I have got the following reactions: – You […]
O M G!! You are saying good things about mutual funds?! This was the reaction of about 40 people I met last fortnight at a ‘pre-wedding’ food party at a Gujarati friends ‘so called’ party. The food was amazing and for a non 5* setting Rs. 1900 per plate was what I thought well, too […]
Markets fell by 240 points yesterday and has fallen 230 points already today. For people like us markets means sensex! Markets are driven by 3 factors – Earnings of the companies, the future expectations (price-earning ratio) and the liquidity in the market. In the current market earnings are at their peak – the next couple […]
I recently saw a post which said ‘Alert Investors already know about ULIPs’. Amazing half truth :). Once upon a time Arun Shourie said “In India what you say depends on where you sit”. This is so amazingly true – look at the Women’s Bill. BJP says it supports the bill, Congress says it wants […]
No not another ban, just another blog. Please also see ‘Sebi bans ulips’ post and the comments. Now we have another problem – the sports minister Mr. Gill has found that the DLF ad contains the word India – and that should not be allowed. Amazing how Mr. Gill has nothing to do but find […]
I have said this many times in the past – the best way to create wealth is to spend time lavishly in searching for a good ‘adviser’. Clearly he should be compensated as a %age of your NET WORTH so that you are both playing the same game. Increase in your networth. Instead of this […]
There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you […]