Lord Yama was taking a big noose…and about 10,000 people. Narad Muni mil gaye. He asked “Arre, it ne saare log ek saath?” Yama said: Kya karoon…31st March ka pressure hai. So do not blame your insurance, mutual fund agent – some are even called ‘managers’….LOL. Happy fools day 🙂
Cholamandalam Investment and Finance Co. Ltd. (CIFCO) has done a great deal from the shareholders point of view. They had brought in DBS as a partner by issuing fresh shares to them at Rs. 140 a share. Now DBS has exited at Rs. 90 per share. It looks unfair on DBS but the relationship was […]
There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you […]
Here is a repeat of the ECS story…there is a link I have added at the end..take a print out and show it to your banker…if they are difficult to convince…or get a copy from the RBI website and send it to your bankers. In case of psu banks you can talk to the branch, […]
How do you know when is the market in a bull phase and when in a bear phase? Well it is surely difficult to know during the phase itself – only at the end of the run do you realize whether it was a bull run or a bear run. However there are some signals […]
So SEBI has one more work for mutual funds. They are supposed to be the conscience keepers for corporate India. Good news. Next they may be asked to get a ‘good behavior’ certificate from unit holders – saying I will redeem them only for legitimate purposes. I will not use the proceeds for buying a […]
IN the last 3 weeks many people have asked me for my view on Robert Kiyosaki’s concepts. Surely there is a lot of merit in what he says, but there are many limitations too. Let me see: 1. He underestimates risk, and dramatically underestimates risk. 2. He takes one theory of investing in real estate […]