Sir I have Rs. 100,000 to invest, what should I do? Want to invest for 7 years… Answer: In such turbulent times you should not invest in an equity scheme. So please invest this money in a clutch of balanced fund – Franklin Templeton Balanced fund, Reliance..fund (do not remember which), Hdfc Prudence fund, and […]
The technology space and certain sequence of operations in the finance space are big secrets. For example if I have developed a trading algorithm I would not like anybody to know the algo – especially if it is working well for me. Here in likes a dilemma – if somebody wants should you teach…or should […]
After the fate of IFRS in India, people are wondering will XBRL stay? Or will somebody push it to 2015 and beyond? The answer is really difficult. Let us look at what is happening to XBRL worldwide. The US’s SEC started it slowly – for the top companies – but has now mandated it. BSE […]
I was not sure whether to call these investment myths or investment myths, so decided to call them middle class myths! 1. LIC is a good investment: Most (if not all) bought LIC’s products as a method to defer or save Income tax. They did not think of life cover, returns, or anything else. In […]
With xbrl at full swing in corporates and in Chartered Accountant’s offices, many people are wondering how, what, why….of xbrl! One of the options is to buy a tool which will convert your pdf into xbrl and render it to the MCA. How to buy a tool…or rather what to look for in a tool? […]
Sir I have read your blog…I like it. Me: Thank you He: Sir, are you a Chartered Accountant? Me: Yes sir.. He: Will you file my Income tax Return? Me: No sir, i do not do that work… He: What work do you do? Me: Regarding investments.. He: Arre, will you manage my portfolio…I bought […]
Indiainfoline Investment is coming out with a debenture of 5 years duration – at an attractive rate of 11.9%p.a. The short question is ‘Should you invest in these debentures?’ Well the Shriram group (Chennai based) is coming out with a debenture at a coupon rate of 12.3% p.a. in about a weeks time. So should […]