http://www.subramoney.com/book-written-by-me/ Star Plus is perhaps the greatest cricket expert who has never played for India. Since they know everything about the game, they should be made the non playing captain of the team. Every ball bowled, every word spoken, every catch taken – and of course dropped, every injury is analysed threadbare. Conclusion: Indian bowlers […]
A rookie fund analyst called his senior to discuss their portfolio. Of course the CIO does not know about this conversation. Rookie: Sir I think we should sell of our AbC Ltd. shares. Senior: Why? I thought at a lower price earning ratio this share was a good buy, maybe we should try averaging. Rookie: […]
How does a financial planner answer this question? or change it to “market is rising, what should I do?” It is really difficult, right? Ok let me try. If he is an equity buff he is likely to say “Keep investing, in the long run equities are the best asset class and you will get […]
I do a lot of training for IFAs – here are somethings that they wish they could tell their clients: – If you can find all the answers on the net, please ask that website to get you a printout of your portfolio when you want, why should I call the fund house? – It […]
Authentic customer statement. Of course I would not have been surprised or shocked if my driver or maid servant had made this statement. It was made by a bureaucrat – obviously by now you know in which ministry! Do not wish to talk about this person, but it is really amazing how the people who […]
If you have seen the Sprite ad, you will appreciate this for sure! Mutual funds have a compulsion to raise money continuously – and this they can do only if their sales team is able to sell. However, in a very funny way, ‘what sells is what gets sold’ – so they need to come […]
The long awaited Mutual fund guidelines are here at last. However it is still very sketchy and full details are awaited and will come hopefully in the coming week. Even at this stage it is a welcome move and good first step for the end customer. Existing MFs can launch the REMF schemes, provided “they […]