The US government is pouring out AID this week to a number of financial companies under several of its recently instituted ‘support’ programs. Citigroup, Goldman Sachs Group, JPMorgan Chase & Co., Wells Fargo, and GE Capital are now in various stages of selling bonds backed by the government, thus lowering the rates they would have […]

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Thanks to the fact that I do a lot of training, I do meet a lot of people. Right from the lowest end sales person (who could be a banker or an IFA) to the fund manager. In my personal finance class I meet a greater variety of people – from simple students to retired […]

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I have no clue as to how many of the readers of this blog are from India. However, Bihar has had a major calamity – and I am sure most of the readers of this blog are sensitive – one reader has pledged Rs. 1.25 Lakhs to akshayapatra (www.akshayapatra.org). So here is another appeal:   […]

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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 […]

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Buy Morgan Stanley growth fund. Yes the same close ended mutual fund that people choose to hate. Let us look at the logic. MSGF a fund by Morgan stanley fund house is a good well rounded large cap fund. Whenever a fund house launches itself it starts with a large cap fund. So this close ended fund […]

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