In almost all trainings – whether it is a relationship managers training or a independent financial analyst’s training, one complaint comes through very loudly. It goes like this: “I have a client who invests 5 a month in a mutual fund regularly. However I am under tremendous pressure to sell him a unit linked plan […]
One big fascination for me is ‘Charity’ – right from who does it, how, why, etc. Even at the philosophical level I keep asking people whether giving away something that you do not need is charity or not a charity! One friend uses all his points in his credit card usage (and that includes a […]
Many people have heard or read about diversification but may not be aware of what it really means. Here is an attempt. One girl came up to me and said I need to invest in ELSS (equity linked saving scheme) for saving some Income tax what should I do. I suggested Hdfc Tax Saver and […]
If you are an Indian there is a lot to read even if you stick to just philosophy as a subject. To say one religion is good or bad you need to read about Hinduism, Mahaveera, Buddhism, Jainism, Christianity, Islam….before you can say it is good or bad. Now it is possible to read some […]
Suppose you are hungry while roaming around in a mall (or a road), what do you do? Largely you eat at the nearest attractive joint. Correct? Well if you had a ‘food planner’ he would advise you – See your Goal statement. You are hoping to lose weight, so curb the hunger. This hunger is […]
Lord Yama was taking a big noose…and about 10,000 people. Narad Muni mil gaye. He asked “Arre, it ne saare log ek saath?” Yama said: Kya karoon…31st March ka pressure hai. So do not blame your insurance, mutual fund agent – some are even called ‘managers’….LOL. Happy fools day 🙂
Cholamandalam Investment and Finance Co. Ltd. (CIFCO) has done a great deal from the shareholders point of view. They had brought in DBS as a partner by issuing fresh shares to them at Rs. 140 a share. Now DBS has exited at Rs. 90 per share. It looks unfair on DBS but the relationship was […]