I have been accused of the following: Keeping gold prices low. People losing out chance to buy gold/ land / real estate because of my writing. Hilarious because I have rarely taken a stand for or against. I do not consider it for my portfolio – SHOULD mean nothing for you. I have consumed about […]
Let us look at a fictitious conversation between a ‘Super Senior Vice President – Strategy and Execution’ and an IFA: Sir my client, Subra, has invested in our company’s ULIP with the least fund management charges…but it is doing very badly…what should I do? Sir my client is not a greedy or a crazy guy, […]
sorry, the service provider that I am using has some major crisis at his end i think…i could not change the date of the post that I did in 2011…it is a good post, so I thought I should just re-produce it here..take a lil trouble and click on the following please…of course i could […]
Maybe because I am in finance or for whatever reason many people tell me stories of financial fraud. The most dangerous are the ones involving finance and Senior Citizens. Story No. 1: One senior citizen without too much knowledge of banking processes and documentation asked his close relative to withdraw money from the bank. […]
Nirmal Jain of Indiainfoline is a sensible businessman who needs to and will do business in India. If you seriously look at his business model, it is the funding operations which is really making money. In the financial services industry, broking, mutual funds, life insurance – NOTHING is profitable. One HFC told me – we […]
Here is a completely different perspective on real estate costs!! For a typical middle class person – say earning Rs. 6 lakhs at age 43..obviously houses look damn expensive in Mumbai. However when you look at the salaries in the BFSI space – banks, mutual funds, life and gen insurance companies, brokerage….it is common […]
Sorry, but recently the complete NON understanding of statistics by the media has happened too many times… When Mary Kom was playing her opponent the commentators kept saying ‘Mary Kom has not lost to the same opponent twice’. On Sunday, 26th August, 2012, when India played Australia in the Under 19 World cup, the commentators […]