Here is an interesting website…you may not have the patience to read all the 110 comments..but do try to read a few good ones….   http://meowlife.blogspot.in/2006/10/hdfc-bank-totally-sucks.html

Let me enumerate the list of amazingly stupid / amusing statements that I have heard: 1. My expenses will fall once I retire. 2. I am pulling out of the market at 29k. I will enter again at 24k. I know when the next correction is coming. 3. I want to be fearful when the […]

which gives a better return? Obviously it has to be equity used to buy RE…correct? well look at Hdfc..it captures the middle class dream does it not? if India gets prosperous people will buy homes…bigger homes…bigger loans…so who benefits? Hdfc. Who knows this? Hdfc Many people in the top have a significant portfolio but no […]

Sadly there is no Dalbar in India to do Economic Surveys, so we have to do a copy paste of the American Investment Behavior and hope that after all Indians are also humans!! Let us consider that people could have started saving / investing for their retirement…at various points in time. Say 1980, 1985, 1990, […]

Most salesmen and many trainers tell you this: “When you are in the Accumulation phase you should do a SIP and accumulate money, and when you are in the Distribution Phase you should do a SWP (Systematic Withdrawal Plan)” This is only partially correct. When you are in the accumulation phase a fall in the […]

This sounded like a panic call from a friend…a few moons elder to me. I had no clue on what…so I did go and meet him alone. He has a ‘major’ problem. He and his wife. They have 2 children – aged 35 and 28 the elder one being a son and younger a daughter. […]

NOT ORIGINAL….GOT FROM THE INTERNET, AUTHOR UNKNOWN… Brilliant Minds Some years ago, there was a Mensa convention in San Francisco. Mensa, is an international organization for people who have an IQ of 140 or higher. Several of the Mensa members went out for lunch at a local cafe. When they sat down, one of them […]