When an insurance advisor approaches us, we are normally not in too much of a mood to buy life insurance!
So when you are short of money, or if you (or your spouse) have lost your job the first casualty is the life insurance premium!
You have just joined the 500,000 people who have lost their jobs [...]
I have a brilliant friend who has worked for many big and important media houses. He told me once – when he was heading a magazine – “I have made up my mind, please do not confuse me with the facts!”. This was when he was doing a story on mutual funds and unit linked [...]
It is amazing that strategies which looked very smart in a bull market can make you look very foolish in a bear market. One ‘house marketing’ company based in the suburbs of Mumbai had a big team to sell ’second homes’. Obviously the team included marketing people, branding, sales, call centre…etc. These were people who [...]
CSGL Account stands for Constituent Subsidiary General Ledger Account (phew!). Certain SGL holders like corporates, PF trusts, individuals, institutions, state governments, Nri, Ocbs, FIIs, – registered with Sebi/Rbi can open a CSGL account but not a SGL account.
It is a second SGL account at a PDO so that they can act as a custodian on [...]
Retirement Planning – sounds very intimidating to many people. However, like all long journeys it begins with a small step. First of all you need to accept that you will retire, and like all events in life the person who is better prepared will face it better. So retirement planning can be made to look [...]
I am sure you have been shocked by the headline! I find just too many people who think they can beat the index every year for a long period of time. In case you see the history of equity markets there are only a few people who have beaten the index returns consistently over long [...]
Thank God I am not an expert on debt. Or of debt repayments for that matter!
The caveat first – I hate debt. I hate debt. I hate leverage. I rarely do an Options trade, nor do I ever buy a share in a Futures trade. All assets have been paid and bought.
Now let me ask [...]
No I am not reproducing the letter here. This is just some of the side lights from that letter. If the worlds richest man hires you, keeps you for 23 years that is proof that you are good.
Just see what he says “When Ajit Jain joined us..we knew we had acquired a great talent. So [...]
Once upon a time there was a frog in a pond. Obviously like the porverbial frog in the pond, it did not know too much about the world outside.
One day the frog got a Rs. 5 coin (when my Grandmom told me the story it was a 0.50 Re coin, but lets adjust for inflation!). [...]
What are the advantages of investing in Government Securities? are there any at all?
Yes. Let us look at some of them:
1. No TDS – immaterial of amount there is no TDS / no witholding tax on the principal. Very useful if you are a big company but have no tax liability because of brought forward [...]