It is now fashionable for people in the media to write about SIP. I remember in 1998-9 when some of us went around talking about SIP people would look at us in disbelief. Suraj Kaeley who was then with Templeton would go around meeting investors and talking about SIP. We would call him “SIP Suraj”. […]
The best thing that life insurance business has done in India is it has eliminated mis-selling in mutual funds! How is this possible? Simple the rewards for mis-selling in life insurance plans is far, far greater than mis-selling in mutual funds, so many of the players have shifted games. That brings us to the question […]
Well he/ she should know life insurance and mutual funds for sure. Should know famous books and names of authors – so that they know where to turn to if they want to know behavioural finance. Or how a Random Walk works. They should also know that Nasim Taleb has written more than one book. […]
Clients regularly ask for “How much will my investment become in 22 years?” Really, I have no answer…so this is how I have decided to react. Do you want a policy illustration or a knock on the head? Now that I have to show you an illustration, I will. However that will have to be […]
You have just crossed your 23rd birthday, when you’ve gained the education and/or skills you need for the career you’ve chosen, and you’re earning money and learning how to handle it. Ok, ok you are not in your twenties but are in your thirties and have started looking at financial planning. Fine, this article will […]
What is a Systematic Investment Plan (SIP)? An SIP is simply; a method of investing a fixed sum, regularly, in a mutual fund. It is very similar to regular saving schemes like a recurring deposit. An SIP allows you to buy units on a given date each month, so you can implement an investment / […]
It is easy for the common investor to get carried away by the agent telling him about the “best performing fund”. The question to ask is “How will the fund manager maintain the same rate or a similar track”. The answer is we cannot. Check out the article on risk and performance. See the amount […]