Many things in life are better achieved slowly if you want the gain to be permanent! Does this remind you of another boring task – the process of losing weight? If so, welcome!
Investing and money management is a lot like eating. So is losing debt like dieting? maybe…maybe not. Is getting out of debt a [...]
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What is a repo transaction? Every MBA student knows the word ‘Repo’ – however if you drill down and ask for its full form or what it means…you are in trouble!
So here is what an MBA student (Finance major) can say when confronted with the question – What is a repo transaction?
RE PO stands for [...]
It is customary for people to give sane advice- if you have a kid, the kid should have a PPF account. This advice makes very little sense. First of all most of the people I meet today invest far, far more in a year than the max possible amount of Rs. 70,000 in a PPF [...]
Banks lending in rural India is a great thing to have happened. Most people who borrow are genuine -but there are some politically supported borrowers too.
The main reason why a person in India (or in any part of the world too!) repays the loan is ‘because it is the right thing to do’. This is [...]
It is so funny to see politicians and some fund managers say India’s interest rates are very high in real terms (if inflation is 3% and interest rates are 10% reeal rate of interest is 7%). So interest rates should come down. Also if the $ is now at 52 or 53 to a rupee, [...]
CSGL Account stands for Constituent Subsidiary General Ledger Account (phew!). Certain SGL holders like corporates, PF trusts, individuals, institutions, state governments, Nri, Ocbs, FIIs, – registered with Sebi/Rbi can open a CSGL account but not a SGL account.
It is a second SGL account at a PDO so that they can act as a custodian on [...]
Thank God I am not an expert on debt. Or of debt repayments for that matter!
The caveat first – I hate debt. I hate debt. I hate leverage. I rarely do an Options trade, nor do I ever buy a share in a Futures trade. All assets have been paid and bought.
Now let me ask [...]
What are the advantages of investing in Government Securities? are there any at all?
Yes. Let us look at some of them:
1. No TDS – immaterial of amount there is no TDS / no witholding tax on the principal. Very useful if you are a big company but have no tax liability because of brought forward [...]
A few days ago India’s largest bank dropped its interest rates on home loans to 8%. This is nothing short of sensational – considering that at the same time one of the top Indian groups (let us say Bluest of Blue) are willing to borrow in the same market at 12% per annum!
However, I have [...]
The easiest way to define ‘liquidity risk’ is risk that arises from the difficulty of selling an asset.
An investment may sometimes need to be sold quickly. The reasons can be different for individuals and different for an investment manager.
Unfortunately, an insufficient secondary market may prevent the liquidation or limit the funds that can be generated [...]