The trust that we all have on big organisations is dwindling if not reduced to zero. I have shares in 2 groups where I have some contacts with the promoters, top executives, mid level executives and some operational people. The reaction of each of these people to the slow down and the recovery process is […]
Thanks to the media most people know about SIP – Systematic Investment Planning. Of course the basis of SIP is rupee cost averaging (or dollar cost averaging as an international website would call it). Rupee cost averaging is a series of equal rupee investments made at regular intervals. It sounds simple to do so most […]
I have 2 friends – aged about 57 years. They were classmates and are very close to retirement. Their investing philosophies are so different that I could not believe that the accumulated amounts could be so far away from each other. One of them did his MBA and joined ITC – and stayed there for […]
this appeared in reuters.in in their personal finance section in my byline.. Once in a while a man comes along and takes people for a ride. What is amazing about Madoff’s scheme (how funny that he should call it a Ponzi scheme!) Ponzi scheme was actually much smaller. I think it should now be called […]
I do not like to watch television too much. My mom at 70 does not watch too much tv. Nor does my Dad. My daughter watches cartoon (I will hate the day she watches Saas…instead of Tom and Jerry!). However yesterday I watched some television and decided to catch some ads too. The news channel […]
Some amusing incidents… A friend who heads wealth in a big branded organisation was sitting in his office…and I was one of the persons in the room when this happened. We were having coffee when his immediate assisstant came asking him to come along for a meet. My friend said all the right words..You must […]
George Mathew & Swarup Chakraborty of Indian Express Mumbai have done the following story: At a time when banks are slashing home loan and other lending rates, they are quietly hiking the interest rates on credit card outstandings. Since October 2008 banks have raised interest rates on credit cards, some by over 4 per cent […]