Not sure how many people saw the news item of AIG wanting to sue the New York Fed for ‘bailing’ it out of the fiscal mess. Well it is not AIG, but its ex CEO Mr. Hank Greenberg who controls Starr International who is keen on the suit filing. If you are an American tax […]
For all those who think that ‘Buy and Hold’ is an easy investment strategy, welcome to this post. This is one of the toughest strategjes to implement. If you think you can buy some shares that are currently being touted on Cnbc everyday and like Rip Van winkle wake up after 20 years, you are […]
Continuing the Fundamental Analysis series…here is another post. What really is a Balance sheet? It is a summary of the assets that a company owns and the money that is owes to outsiders. Remember as far as the company is concerned, you the shareholder, is an outsider too. Remember – it has its own existence? […]
A few days ago I posted some money management rules which had changed…so here are a few more: Most of the rules are what you have heard…or will hear. 1. A. Stay away from equity. 1.B. New Rule: Staying away from equity will ensure that your portfolio is well short of meeting your retirement requirements! […]
The financial services industry is supposedly well regulated. What with Rbi, Sebi, Irda, …the alphabet soup in place, does it help the retail investor. Sorry, is it supposed to help the retail investor? These are the regulators, what happens with the so called ‘shareholders appointed auditor’? Let us take the case of mutual funds. Most […]
I presume all of you have heard of Motleyfool.com – an internationally renowned website. I have some association with them…so to that extent i could be biased, but yes, it is a great site. Here is a mail I received from their Mutual fund division..and I do not think I will ever receive from an […]
When I say banking, I mean banking, broking, mutual funds, insurance, software companies in the BFSI space. So let us revisit the laws: 1. Golden Rule of Life: He who has the gold makes the rules. If your name is Diamond, even better. 2. Salaries are NOT decided by demand and supply: It is […]