Tag: Stupid Question

8

What is the government up to?

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If you were a big businessman would you create COMPETITION for yourself? Kind of a stupid question right? Let us see what the Government of India does! In the life insurance business it already OWNS India’s most valuable player viz LIC. However it creates SBI, Star Union Daichi, Canara Hsbc Insurance, Idbi Fortis, ….and I […]

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2

How safe are government securities?

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Stupid question? Well let us attempt an answer first…then decide whether the question is stupid…. The full repayment of principal and interest is guaranteed by the government, so there is no way how you will get less than what you paid for. So in a way it is safe. However if you have a 8% […]

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