So, What are the Ten Roads? More importantly, what will work for you? 1. Start a successful business—the richest road! Sure you can become a Bill Gates or a Azim Premji. However even if you do not become so successful you may still be able to make a couple of crores – not bad. This […]
this article by Suraj of moneycontrol.com first appeared on ibnlive.com – i have reproduced it here as it contains my quote and reasonably explains what is an etf. So here it is as a part of my tutorial… Hovering at around 9,000 levels, the Sensex has shed more than 50 per cent of its value, […]
This appeared under my byline in reuters india in their personal finance section I have a difficult time explaining to editors in their 20s why there is a gap between what I say in my columns, what I do and what others do. The origins of this article can be traced to a meet with […]
The last 30 hours have been overwhelming. Sitting in Navi Mumbai, I feel safe at having escaped this dastardly attack. It soon struck me that I am safe but only until the next attack. I was wondering whether we have got so indifferent to pain that we might end up saying “Oh, the terrorists have […]
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 […]
Costing is a difficult subject. It is difficult not only when you are a student (ask anybody who has passed CA in the ’80s) but also in real life. However it can at least be attempted. However benefits are far more difficult to quantify. When people ask me what is the cost of term life […]
With interest rates stagnant – and perhaps moving south bonds may become an interesting option for some investors. Though I am not a great lover of bonds, I do hold some in my Dad’s portfolio. If you are investing in bonds, look out for the following: 1. Are there call and put options – if […]