A Few weeks ago I had done a post on how to look at your personal finances like a corporate would. The suggestions were to learn what is burn rate, savings rate, take charge of financial goals etc. However many people have written in to say all this is too complicated. So I decided to [...]
A few days ago I had done a post saying from whom you should not buy a life insurance policy, here is the sequel to that Having said what CANNOT be the reasons NOT to buy from a set of people, lets look at what you can do to protect / save yourself from trouble: [...]
A senior official in the corporate affairs ministry told ET that “Icici Ventures wants a probe covering the entire working of Subhiksha to uncover possible mismanagement”. This is amazing. Icici ventures has also said that the accounts for June 2008 has not been presented to the Board of directors. And yet in Oct, 2008 they [...]
I wrote this article a few days ago. However the tense is the only thing that has gone wrong…so here it is… Soon a budget will be announced and the media will be all excited. There will be discussions, articles, chats, views on the budget. One such program was on air a few days ago [...]
The easiest way to define ‘liquidity risk’ is risk that arises from the difficulty of selling an asset. An investment may sometimes need to be sold quickly. The reasons can be different for individuals and different for an investment manager. Unfortunately, an insufficient secondary market may prevent the liquidation or limit the funds that can [...]
How safe are government securities? Is this a question bothering you? Welcome. Many people have asked me this question, and I have struggled to explain the answer. Central Government securities are 100% safe. These are what are called ‘Soverign Paper’ and is guaranteed by Pratibha Patil – the Government of India! Interest rate payments, principal, [...]