A lot of kids I know have 3-4-5 year old SIPs. Some in the red, some in the black. However even those which are in the black are just marginally in the black. When they see the statement it does not look good. Not good at all. What can they do? It is tough. I […]
Yesterday the Parliament passed the Running Regulator Act, 2012. The Sports Minister said that as more than a Million people had taken to running in Mumbai city alone, and about 10 Million Indians are running all over India, there was a need to regulate the Running Movement. The Regulator will be headed by Mr. Y […]
Hindu Business Line is a good newspaper….and they normally do good stories. Here is a story based on THEIR reporting of the Rajiv Gandhi Equity Scheme. Most people have not been able to comment on the RGES because the details are sketchy. From the Hindu Business Line article, I learn that: It is a scheme […]
A few of the industries that a common man deals with are in dire need of a Regulator. One of them is Real Estate. There is no common definition of words like built up, loading, super-built-up, charging for parking, brokerage for renting, brokerage for buying and selling. A builder does not have to tell the […]
How people love a rising market! So one good day and the world wants to announce that the worst is behind us. My foot. Remember it took a long time for the world to recover from the Lehman collapse – a company who had an audited balance sheet. When it comes to countries, you […]
Happy New year! Typically all magazines, news papers….channels will happily do a column saying ‘Investment Resolutions for 2012’…make some noise. Readers will happily read it, and tell themselves …’arre this year I will stick to my resolutions’ and then promptly forget it. Very easy for me also to do the same. Frankly I have […]
Money is a Coward. When it is scared it Runs away from the place of Crisis. – Ayn Rand in one of her books where she says Money is ONLY for people who respect Freedom and Democracy. It is happening in Europe. Money will run out of Europe. Either from the main door (long lines, […]