Fiat money is about trust. You trust your government, hence you keep all your money in currency form, right? Take the case of a common man…and his conversation with a acidic Subra of Subramoney.com: Client: Hi Subra, I wish to discuss my financial life with you…May I? Subra: Sure Client: I have bought …..xyz […]
Today’s Economic Times carries an article about SEBI wanting to create a committee to view/ review the qualifications by the auditor. Sounds good? Let us see what a sister organization MCA (Ministry of Corporate Affairs) is doing. They get the significant Indian companies to file their Annual Returns in XBRL format. In the XBRL […]
The word reverse split is used in 2 contexts – one in the running parlance and one in the stock exchange / equity market parlance. In the running parlance it means running the second portion of the race FASTER than the FIRST portion. For example if you run 6 km in the first half an […]
Here is a quick list on what I will not write on: -Taxation esp personal tax. There are more than enough people doing this. -Stock specific tips etc. I may do it once in a while, but not as a regular thing, and not something that is useful. I mean I will not do updates […]
I am not writing one more word on should you buy a UL or a MF product. Enough has been written in the world about this, right. I was just trying to see how both the regulators are looking at the products. 1. ULIP sellers can make a policy illustration: It is mandatory that the […]
When the economy is not doing well or when a company is not doing well, there is tremendous pressure to reduce costs. The accountants are normally the worst persons to come up with suggestions to reduce costs. They will find simple, stupid costs and act like they have done something great. The normal suggestions are: […]
I am a direct equities guy – and most people reading my blog know that. So it is natural for them to expect that I would give tips on my blog. No, I do not. That you know by now. Also my tips are completely useless because most of my purchases are dated ‘Forever’ so […]