One of the kids in the office said ‘I am planning to buy a house….what should I look for?’ I said house – I have no clue, but have friends in Hdfc and I can give you their numbers…and they may be able to help on the builder feed back… She said….No, no, I have […]
Indiainfoline Investment is coming out with a debenture of 5 years duration – at an attractive rate of 11.9%p.a. The short question is ‘Should you invest in these debentures?’ Well the Shriram group (Chennai based) is coming out with a debenture at a coupon rate of 12.3% p.a. in about a weeks time. So should […]
Did Shriram Transport Finance start advertising on television yesterday? I got many calls seeking advice on ‘Should I invest in…..’ At 11.5% p.a. the returns are not bad for sure. And to think that they are a well managed Nbfc this interest rate does look attractive does it not? Well Shriram has raised a lot […]
There is only ONE reason why people get into debt. Living beyond their means. Make no mistake there is just one reason. However when people get into debt, and when they come to me, they justify on various grounds…I have very little sympathy -Satyam is never Sundaram, but always SHIVAM!! What are the main reasons […]
I love contradicting myself..but this is not contradicting the earlier post…. When a 38 year old says…’My wife is tired of working…and she is quitting her job. She is getting Rs. 32 lakhs as Provident fund, …etc. should I use this amount to pay down my (our) housing loan of Rs. 44 lakhs..my answer is […]
As I know quite a few people in the BFSI space I try to solve problems at levels higher than the call center. However I have a Icici bank credit card. As long as there is no manual interference things go on fine. However this time I missed my credit card payment because their site […]
All financial transactions assume that both sides will speak the full truth. However in real life this rarely happens. The company which wants to loot you does not tell you the whole truth – and the guy who wants to cheat the company, also does not tell the whole truth. It is customary for websites, […]