this is a part of the inflation story in Moneymantra…. Well there are two things to understand – inflation hurts only in the long run. If you have an expenditure coming up in the next 2 years inflation should not be a bother. However if you are looking at the longer run – say upwards […]
If you have a financial planner with a ‘product sale’ mentality – especially who has sold loan products also in the past, there is a good chance that he would suggest leverage. Leverage means borrowing. So read on… Financial planner: Borrowing sensibly is a good way to build wealth. Do a disciplined borrowing and you […]
I recently received the annual report of a financial services company. Like all financial services company this company also has an insurance business, a financial distribution company, a mutual fund, …the works. A quick glance clearly shows that this company will NEVER make money in ANY of the abovementioned businesses during my life time. Surely […]
CSGL Account stands for Constituent Subsidiary General Ledger Account (phew!). Certain SGL holders like corporates, PF trusts, individuals, institutions, state governments, Nri, Ocbs, FIIs, – registered with Sebi/Rbi can open a CSGL account but not a SGL account. It is a second SGL account at a PDO so that they can act as a custodian […]
For most Americans, Christmas has been Hijacked. Or whatever was left of Christmas after the dreaded R word, the non-bail out of the auto giants, but the top most question is: In the fraud dictionary, Has Madoff replaced Ponzi? Every year, I watch, good, honest, hard-working people go and lose a lot of money […]
No, this is not a class on futures and options, nor equity. However long term bonds also have a put and a call option. An option that can be exercised by the issuer of the bond whereby the bond can be extinguished prior to the date of expiry is called a CALL option. An option […]
YOU may have heard of LIBOR – if you replace London by Mumbai, you will know what is MIBOR. A committee was set up for the development of debt market. According to their suggestion, NSE had developed MIBID (Mumbai Interbank Bid Rate) AND MIBOR (Mumbai Interbank Offer Rate) for the overnight market. This was launched […]