This question has been asked so many times that I have lost count…. “Should my self occupied house be a part of my net-worth for investments”. My answer is NO. A capital No. Take a case of a young individual – say 30 years of age. If he has just bought a house for Rs. […]
Sebi has made a statement that they are planning to come down heavily on Mis-selling of mutual funds. I am really impressed. Just wondering how. Reminds me of the ‘Retail Real Estate Mutual Fund’. The Guidelines were announced long ago….still waiting for the first launch. I remember seeing the guidelines and saying ‘how will it […]
SBI life insurance has come out with an ad which says – here is a list of 10 most important things that you should see before you buy life insurance. I am not getting into whether it is the correct 10 or there could be a better 10. My take is – this is a […]
Funnily getting rich is about being skilled and being lucky – not either or. How rich you are at the end of your life is a function of a few things: a. How much you earn b. How much you save / invest c. How well your investment performs – and how well you let […]
General Circular number 39/2012 dated 12.12.2012 As per General Circular number 39/2012 dated 12.12.2012, time limit to file financial statements in XBRL mode (for the financial year commencing on or after 01.04.2011) without any additional fee has been extended upto 15th January´2013 or within 30 days of AGM of the company , which ever is […]
Let us look at a retiree in the US or Europe who has bought an annuity for life at his age of 60 years. He will get an annuity today paying Gilt rate MINUS costs. The Indian annuities are priced at about 7% – so there is a good chance that the annuity in the […]
Missed this one… What happens in a marriage where the husband is unable to provide the basic comforts – when the father was providing super comforts? Well i have seen cases where the girl herself loses respect for the husband. She finds some excuse to stay with the parents rather than stay with her husband! […]