The savings bank account is a place where most of us leave a lot of balance. This is more by habit and inaction rather than any design. Traditionally all banks paid interest on the MINIMUM balance – by some stupid definition – of balance between 10th and 30th. It was difficult to calculate the correct [...]
I met a well to do Financial Advisor, or rather should I say almost Ex-Financial advisor. He is in the business of mutual fund distribution, given up life insurance and general insurance distribution, does not entertain clients any more for direct equity, and does financial hand-holding for SMEs. He tried his hand at fee based [...]
Here is what I mean by personal finance blogs: – does not include tips giving blogs (what share to buy, when to buy, etc.) – searched and have found only 4-5 blogs so far – will not cover blogs with basic errors – the effort to enumerate mistakes is too much, so will just say [...]
One senior journalist has asked me for my views on India’s financial blogs. I normally do not do such things ….frankly I do not see the purpose. However, succumbing to pressure (or a vicarious pleasure of doing something like this?)…I said yes. Now I have 2 questions to ask all you readers: 1. Which are [...]
i wrote this article for some website / magazine..not sure which Reuters perhaps…. You have just crossed your 24th birthday, when you’ve gained the education and/or skills you need for the career you’ve chosen, and you’re earning money and learning how to handle it. Ok, ok you are not in your twenties but are in [...]
Many people ask me- will I be able to do financial planning myself? My answer is sure, but if you are a student of financial planning or the head of research in a pharmaceutical company trying to do your own financial planning, you need to know the following things before you start. Just check [...]