I know many IFAs and bank RMs follow my blog (aha!) so here are some unsolicited tips: 1. Keep it simple: not every client wants to learn all the jargon. So before you start find out how much the client reads, knows, understands before you start talking. Some clients will get intimidated and run away! […]
So Na Mo completes one year in the Corner Office. How does one look at that one year? With mixed feelings I guess. He is the first PM who did not worry about what people will think! So the call to build toilets and keep India clean was a brilliant move. It took 70 years […]
Our fund managers ALWAYS talk about SIP and will talk you into a SIP when the pe of the market is high, low, sideways, …and there are lots of nice supporting articles too. I have NEVER heard the following from any fund house EVER: 1. Yes, our fund management fees is high. 2. We run […]
If doing the first transaction is the start of an investment career, I have completed 36 years of investing. By any stretch of imagination this is a long term. This means I have the right to have some observations over this long haul. Let me enumerate some of them: Your first step towards investing is […]
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 […]