It was about 10 years ago that I suggested an asset replacement fund for a friend. He and his wife were just starting life and wanted to save/ invest in a scheme which would gather enough money to buy assets. Assets in this case were actually expenses (but we cheat ourselves by calling them assets). [...]
Education should improve one’s attitude, prepare you for a great life ahead, and generally equip you for a career. If this is what a good MBA degree should do for you, question the degree real hard. If you are planning to get an Engineering degree or a Management degree ask yourself why do you want [...]
If you were a big businessman would you create COMPETITION for yourself? Kind of a stupid question right? Let us see what the Government of India does! In the life insurance business it already OWNS India’s most valuable player viz LIC. However it creates SBI, Star Union Daichi, Canara Hsbc Insurance, Idbi Fortis, ….and I [...]
I have a friend who is a brilliant technical analyst. Make no mistake, I have seen tons of Tech analyst, he is among the very top. I do not like Tech Analysis, esp because I rarely take SIGNIFICANT trading position. Even though there are many companies which I KNOW are terribly over-rated, I do not [...]
a few days ago I had done a lament about the quality of data available in India. It is almost impossible to do stories like: Are most people from Mumbai investing? Are more women investing in 2012 than 2002? or Are IFA assets more sticky than Bank brought assets? or Why are the assets under [...]
A few reader queries and their answers: 1) Do you think pension policies from insurance companies make up for a good investment for availing pension? Why or why not? Answer: No. They do not. First of all thanks to some Quixotic regulations no life insurance company is selling a pension plan, so this question [...]