Mis-selling by the agent or mis-buying by the client?
I have just asked this question in Money Today… read http://moneytoday.intoday.in/index.php?option=com_content&task=view&issueid=81&id=6253&Itemid=1§ionid=106
Month: July 2010
One more sales call….
Caller: Hello Mr. Subra…may I come to see you? Me: Sure..what is it regarding Caller: a mutual fund NFO Me: You know my stand…why are you even THINKING of coming…? Caller: No sir need a favor… The caller is a small time mutual fund and other financial products distributor who does some general insurance, life […]
3 unconnected stories – all important!
1st news item: Pawar hints at sugar decontrol. Sugar stocks go up. Amazing news item! Sugar decontrol is as difficult as fuel prices decontrol but the government will go ahead and do it. However all this thought will only be when sugar is in SURPLUS. When sugar is in surplus, many (if not most) sugar […]
Financial Mistakes: why people make them?
As a person who has spent upwards of 3 decades in Money related activities, it is fairly obvious that I have seen many financial mistakes. If I ridiculed a person and said ‘Idiot this is not the way to handle money’ he would have felt bad and just disappeared. So financial mistakes have to be […]
Icici Direct Website down…
Icicidirect.com website was down for a substantial part of Thursday and Friday. Simple you could not trade. Suppose you had an open position in a particular share and wanted to square it off, or you wanted to take a fresh position, you could not. If you had an open position and your house computer was […]
How to react?
This is an email from a friend / reader …. His name: Rajendra Shah: Hi Subra, A few years ago when I asked you where to invest you suggested Hdfc Prudence fund. To be precise this was in the year 2005. Now 5 years later again you are telling me to invest in Hdfc Prudence […]
Cognitive Dissonance..or will I be lynched?
There are some deep beliefs that you cannot question. Let us say the scientists in the world believed that the world is flat. It means many years of research including greats like Aristotle who had not said anything to the contrary. So if I were a scientist in that era and a few guys like […]