Thanks to the media most people know about SIP – Systematic Investment Planning. Of course the basis of SIP is rupee cost averaging (or dollar cost averaging as an international website would call it). Rupee cost averaging is a series of equal rupee investments made at regular intervals. It sounds simple to do so most […]
this appeared in reuters.in in their personal finance section in my byline.. Once in a while a man comes along and takes people for a ride. What is amazing about Madoff’s scheme (how funny that he should call it a Ponzi scheme!) Ponzi scheme was actually much smaller. I think it should now be called […]
I do not like to watch television too much. My mom at 70 does not watch too much tv. Nor does my Dad. My daughter watches cartoon (I will hate the day she watches Saas…instead of Tom and Jerry!). However yesterday I watched some television and decided to catch some ads too. The news channel […]
Some amusing incidents… A friend who heads wealth in a big branded organisation was sitting in his office…and I was one of the persons in the room when this happened. We were having coffee when his immediate assisstant came asking him to come along for a meet. My friend said all the right words..You must […]
George Mathew & Swarup Chakraborty of Indian Express Mumbai have done the following story: At a time when banks are slashing home loan and other lending rates, they are quietly hiking the interest rates on credit card outstandings. Since October 2008 banks have raised interest rates on credit cards, some by over 4 per cent […]
The cheer leaders are screaming once again – welcoming the 10,000 index. Whether it is television, print, or the internet – all of them have headlined the great reclaiming of the 10k index. The typical middle class guy is happy, but of course skeptical. The questions he is asking are the following: Will this market […]
Many people think only Obama has to deal with Toxic assets. Not true. Not true at all. Many people could have a Toxic asset at home. It could be a toxic wife. What is a toxic wife? Well this is a recent term and describes a breed of women who are gold diggers and constantly […]