When people like Sucheta Dalal and Debashis Basu keep talking of falling investor population, it is scary. Frankly not only in India, but all over the world there seems to be a shrinking interest in equities. Look at the world picture – the older people in Europe and US who have their money in Pension […]
for all those people who think India is in great shape, here is an article worth reading. It is a longish kinda article and many of you will get bored reading it. But do read it. It is worthwhile. And after you read it, send this link to people you know. Then […]
Almost every second ad today urges you to trade. Equities, Debt, Money Market, Forex, Commodities, why even Real Estate flipping! Fairly obvious to these invites there are risks involved – and obviously only jokers like me look at risk! Here are a few things that your broker forgot to tell you: 1. Leverage is […]
The greatest amount of depreciation in a car is in the first month perhaps. The fall is about 30-40%! Technically this means you should buy a 12-15 month old car and use it for say 8 years. That would be a sensible decision, and a financially prudent one too! It makes a lot of sense […]
When you deal with many companies, there is a tendency to compare their attitudes. Let me narrate how 2 mutual funds react to the same problem. I will obviously not name them. At one level both have good fund managers – and this allows the back end (operations) team to be arrogant (i still do […]
There are some very important things that you should know if you are a decent investor…even semi decent is fine….by the way….. 1. Leverage: borrowing money to do a deal. You have no clue of the time frame for which you are doing the deal, but hope to make a killing. Normally the deal, the […]
In the Indian context the mutual fund is structured as a limited company (called the fund house). The sponsor of the fund (for example Hdfc Ltd. and Standard life in the case of Hdfc mutual fund) creates a TRUST to OWN (legally) the money and supervise the managers. This job is specifically handed over to […]