I know there are too many people in the world who would like to debate the existence of God. I am not one of them. I believe it is better to bet that he does exist. Because to believe that he does not exist is not a risk free idea. In case he does exist..and […]
Ok the best offer for investing my money I have is about 12%p.a. – a transaction which gives me security, but not all of you can palette! No I am not taking the offer…because I have money for 10 years plus..and that in my mind is equity money. Am I worried about a fall in […]
Mr. Subra my name is A…K. These are some of the facts about me. Please tell me whether I am on the right track please. Facts: AK is 52 years of age, works in a semi-government company. He has a house in Mumbai (current estimated worth Rs. 85 lakhs, located at Mulund). He drives a […]
A lot of people who read my blog think I am against real estate. Far from it. I believe a lot of money can be made in real estate – surely greater than gold and debt instruments. Surely less than a nice portfolio of equities. However to make money in real estate the following conditions […]
1. the 3G scam 2. many fertilizer scams 3. food grains – procured poor quality grains at very high prices. Now rotting 4. DGCA scam 5. Can get any loan for any amount from a PSU bank scam what is common to all these scams is simple. There is one babu who has a secured […]
Taking off from the earlier post..I am not sure whether the interest rates have peaked. One look at the dynamic and income opportunity funds also proves what I say. Fund managers are also divided on whether interest rates have peaked. Frankly I do not care I do not have too much of a debt portfolio. […]
There is mis-selling in mutual funds. True or False? Frankly I do not know what is mis-selling so I cannot comment. This is what a rational person is supposed to say. But our powerful mandarins say yes, yes…we will legislate against it. Will the SEBI please stand up and come out with a white paper […]