These are stories about a few friends. I have 2 friends – aged about 57 years. They were classmates and are now 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 […]
In a mutual fund when the great regulator SEBI says that there will be ZERO commission it translates to ZERO load. Which means if you invest Rs. 100 in a mutual fund the full Rs. 100 will get you units and there will be no charges. However in a life insurance policy let us say […]
A rookie fund analyst called his senior to discuss their portfolio. Of course the CIO does not know about this conversation. Rookie: Sir I think we should sell of our AbC Ltd. shares. Senior: Why? I thought at a lower price earning ratio this share was a good buy, maybe we should try averaging. Rookie: […]
One participant in one of my classes asked me does ECS stand for Easy Convenient Stupid method of payment? I did not know what he meant. Here is his story. Normally people think it is convenient to use the ECS method of payment. Like always this is normally the case. This reader had used ECS […]
Financial inclusion, Financial Advisory, Financial planning, Financial planner, Financial literacy….vow these are the catch words today is it not? And all the financial product manufacturers, bankers, websites, etc. are now getting into all of these in some form or the other. It is politically a great sales pitch. However it reminds me of an English […]
A few days back there was a post saying why you should buy gold. Of course there could be enough reasons to sell gold. I could not think of many more reasons, here are a few: 1. It is a contrarian call – when every body is buying, maybe selling makes sense (oops you could […]
One reader called this column “Malice towards one and all” . Sorry Kushwant Singh, you are not alone. I have also done a ‘Round and About’ and started in on a Saturday by saying…”All this is my own work…..”Sorry Busybee, sorry Late Beheram Contractor. Let us check out some history of investor protection. It is […]