Mutual funds are an excellent route to create wealth for yourself. However, they do not come cheap. They have some charges. Some visible, some invisible. You need to be aware of the charges, that is all. Let us look at some of the charges: 1. Entry load: this is charged to pay the distributor for […]
When you visit a mutual fund website or a research website you see fund comparison table. This is all the more possible if you buy a personal finance magazine. Then you read them and get confused. One senior journalist told me “If I look at the returns that I have got on my funds are […]
The easiest product to mis-sell in the markets for the past 2-3 years has been the SIP! Why do you ask? The answer is simple. The press has been supporting and extolling the virtues of SIP – we all are guilty of this including yours truly. However SIPs work over long periods of time – […]
When it comes to saving and investing, people are obsessed with the returns they’re going to get on their money. Whether it’s debating the merits of a particular investment strategy, discussing the pros and cons of insurance, pensions and mutual funds (or increasingly unit linked plans) or simply searching for the best interest rate on […]
Yesterday I had many reasons why you should buy and keep gold. Today I will start by giving some more reasons why you should have gold in your portfolio. There are equally compelling reasons for NOT having gold in your portfolio! Further reasons for HAVING GOLD IN YOUR PORTFOLIO: 1. Gold is gaining popularity: funnily, […]
Mutual fund ranking is another media creation. Media needs to create stories daily. So it helps to have quarterly results. If you have 200 companies 4 quarterly results and 200 final results ensure that 1000 stories are ready. Similarly, if you 250 schemes and you have monthly rankings (thank God it is only monthly and […]
When my uncle called me in the morning and asked me a simple question, it set me thinking, talking, smsing “Is the increasing yield in FMP coming from increased risk” i.e. is the quality of assets falling. And this small note was born. The retail investor, tired of falling equity markets was (is?) looking for […]