The blurring lines between what is media and who is selling a product is really painful for the end user. Let us say I was running a website (and my income came from the number of people coming to my site, a.k.a. advertising) I have to say certain things.Imagine a website which says nasty things […]
There are many comments and emails asking me why I am against gold and against real estate. Well I am not against gold, and neither against real estate. However what do you call a market which is completely dependent on new investors bringing their fresh money. Well some people call it a Ponzi scheme. I […]
One thing the unit linked plan vs. mutual fund (I have no clue why there should be such a debate – owners, executives, salesmen, clients – I find are fungible between the 2 businesses!!) argument has done is created a consensus: “Fee based advisory is the cure for all evil”. This brings us to the […]
Let us call this basic economics lessons or Economics 101. This is something that all of us who are pretending to be understanding (ok, making an attempt to understand)…should know. Have not read a more humorous column about economics ever http://www.fool.com/investing/general/2010/05/28/economics-explained-in-90-seconds.aspx?source=ifesitlnk0000001&lidx=1
Normally advising is a boring, not very paying business. However, when a friend lost a cousin, he called me….and after some efforts the claim got settled. Then I received this letter (surely not drafted by her – her English was not good) but I guess she took the trouble to get this letter drafted…. what […]
There have been some emails and questions that people ask. Since many people ask me similar or same questions, I thought a post would be appropriate: 1. Why do you not do a review of the personal finance programs that appear on television? Answer: Am incompetent to do so. I have no clue what is […]
there will always be a set of believers and a set of non believers. So there will always be some myths. As a blogger it is nice to keep clearing them…because too many people are creating myths very fast. Let me attack 3 myths today (I was told by somebody that people get confused if […]