Comments on: Deserve to lose money!

By: jay

jay — Wed, 17 Oct 2012 12:21:22 +0000

Dear Subra, POA is taken by all broking house say idbi, SMC. Does it mean they can sell my shares kept in PNB bank demat. Normally I have to online allocate the shares on hold by giving my PNB password, before selling them through SMC or idbi. Can you clarify on this please? I had this thought earlier also. In fact I thought of freezing my demat (for debit only), as such facility is there by NSDL and DP. Kindly comment on this very vital issue.

By: Sriraksha Financial Planning Services

Sriraksha Financial Planning Services — Tue, 16 Oct 2012 04:05:44 +0000

Loved reading this.Your post,though it has a comic touch is very relevant in todays times. One bad investment or an investment blunder like this is enough to wipe off the profits earned after careful planning and investing!

By: pravin

pravin — Mon, 15 Oct 2012 08:10:24 +0000

before subra asks for another regulator , i’ll go ahead and say that i agree with ashesh above. the more the number of regulators,the more is the crowding out of proper due diligence and prudence.the more the ‘public safety net’,the lesser the private investment in good and safe practices.the more the number of benevolent regulators,the more people are incentivized to be lazy about their investment affairs.

By: Ashesh Bharadwaj

Ashesh Bharadwaj — Mon, 15 Oct 2012 07:06:02 +0000

It seems blind trust is still in play in business relationships for many.

By: LuckyOye

LuckyOye — Mon, 15 Oct 2012 06:22:52 +0000

Subra…to your first case…the more an individual tries to follow up the money trail, how it is being used etc., and understands the process, the more one becomes empowered to make decisions directly rather than leave it to others.

It seems ironic, but its the same way human body adapts to exercise…the more heavy you lift, the more the muscles strengthen to make the subsequent lifts easier.