On 3rd May, 2010 IRDA came out with an amended ULIP regulation…or whatever it is called. There is nothing special except that the reports in the media suggest that it is something new. Well the things are: No partial withdrawal from a pension plan – this will make the pension plan even more tax inefficient. […]
English is a very beautiful language. And unlike excel allows you to be as unprecise as you wish. Imagine running an advertisement driven business. You need everybody to advertise. So if you choose one scheme – you are antagonising 54 other schemes in that category. SO if you are serious, you should not run a […]
Here is an article which many people liked..on Moneycontrol. Read the comments…there is a general feeling of ‘how do I save money’ kind of an attitude.. Read on… http://wealth.moneycontrol.com/columns/financial-planning/18-ways-to-cut-costs-/12212/0
This article has been repeated…to say that inspite of the so called markets being down this still holds…and the last line is a new addition – a link to Deepak’s site… Over the last 7-10 years you could have heard the following comments: 1. Only banks can give home loans and make money: After all […]
Germany decided to bail out Greece – or rather joined the bandwagon of ‘Greece bailout helpers’. In its heart perhaps the Germans know (knew) that this is not a great deal after all. Of course the market had to tell the German government what it thought. So the market started selling Government bonds. The Government […]
So should you invest directly in equities? Well here are some risks that I can see in the market today. Thought I should share it with you: Risk No. 1: No fund manager is talking about interest rates going up. Ben Bernanke who thinks all problems can be solved by keeping interest low will have […]
I have seen this industry since its inception in the private sector. Should I say second birth? Perhaps yes. So here is some nostalgia…..Who are the stakeholders and what are their views: Employees: The employees should be divided into two classes – those who joined in 2001 and those who joined in 2008 and later. […]