Hey do not see..we are changing! Well the NSE and the BSE have decided to change the timings for the market operations from 4th Jan, 2010. Who benefits? Really do not know..but let us see the stakeholders… The Stock Exchange, Mumbai, was started as an association – non profit making company – and was supposed […]
Third in this sad saga of a lousy salesman. “Subra I wish to pay Rs. 60,00,000 as premium for a life cover of Rs. 6 crores – Rs. 4 crores for me and Rs. 2 crores for my wife. The beneficiary should be my kids. Me: Noble thought – glad to meet you regarding life […]
‘Subra we need to buy life insurance..I am willing to pay Rs. 30, 000 per month and so can my wife. How much life insurance can we get?’ ..asked my friend SS. He speaks at a speed that it is difficult to understand what he says…by the time he ended saying this, I was breathless. […]
It is always difficult to sell and do business, especially if you think that the ‘other’ profession you do is teaching. Let me tell you about a friend who came to me enthusiastically to buy life insurance (3 stories actually) One was a good friend – he said he wants to pay Rs. 20 lakhs […]
If you do not know why a big brokerage house is doing something, copying them because they are a big house is a sure way of wealth destruction. If you cannot find an attractive idea, keep your money in the bank account. Cash does not bite. If you want to trade, think like a trader. […]
I just met a 63 year old woman who had lost her parent. Even though she had a few siblings she was looking after her widower father alone. She was in a ‘old’ peoples home with hardly any friends within a nearby location. Her siblings had to fly in from various parts of the country […]
Depending on your point of view you can decide what is ‘B’. Let us take the word as BRIGHT. How can this happen? Well brokers can get excited about earning some money so they drop brokerage charges to 0.5% per transaction (which is what they charge on equity shares) and do the transaction. The greatest […]