There is an alphabetic soup in the financial qualifications – and there are many animals out there. Most first time investors (and some veterans too) are legitimately confused about their role so here is a lesson 101: Financial planner: supposed to know everything about you PERSONALLY so actually called ‘personal financial planner’ who helps you […]
Here is a repeat of the ECS story…there is a link I have added at the end..take a print out and show it to your banker…if they are difficult to convince…or get a copy from the RBI website and send it to your bankers. In case of psu banks you can talk to the branch, […]
How do you know when is the market in a bull phase and when in a bear phase? Well it is surely difficult to know during the phase itself – only at the end of the run do you realize whether it was a bull run or a bear run. However there are some signals […]
So SEBI has one more work for mutual funds. They are supposed to be the conscience keepers for corporate India. Good news. Next they may be asked to get a ‘good behavior’ certificate from unit holders – saying I will redeem them only for legitimate purposes. I will not use the proceeds for buying a […]
IN the last 3 weeks many people have asked me for my view on Robert Kiyosaki’s concepts. Surely there is a lot of merit in what he says, but there are many limitations too. Let me see: 1. He underestimates risk, and dramatically underestimates risk. 2. He takes one theory of investing in real estate […]
2 new teams have been inducted into the IPL. This means suddenly all the other owners know the ‘valuation’ of their franchisees. Now at a valuation in excess of Rs. 1000 crores for each one of them, they surely will be excited. Now the role of IPL in the equity markets is already felt – […]
A friend says it would be great if you could choose where to be born and as what. If you were born in 1900 you should have been born in England. If you were to be born in 1950 you should have been born in US. If you were born in 2000 you would be […]