Most Hindu kings – or the Kings of Indian origin – acted as a trustee when they managed the kingdom’s money. Even though they were the owners, and theoretically they could do whatever they wanted to do with the money, they managed as though they were to be there permanently. This is easy to believe […]
Well this is not an article on Exchange Traded funds, but there is a link at the bottom which will take you an ETF article. The financial services industry (like all other industries) is very smart. Highly qualified people – from CPAs, CAs. CFAs, engineers, PhDs…..have to be kept intellectually occupied and financially happy. To […]
There is a bunch of investors with whom I am friends with. Some of them are real rich and some of them are super rich. Let us say apart from a nice house with a value of about a Million US $, they would have a net-worth ranging from a Million US $ to 10 […]
So now the mutual fund industry can sell its units abroad…and the limit is US $ 10 billion. Fairly obviously the media is excited (they need to do ONE story a day you see). 3 Journos tracking the industry wanted to know ‘what impact will the inflow of US $ 10 billion have on the […]
If you are a reasonably big company you need to file your Annual Returns with the RoC (Registrar of companies) in the eXtensible Business Reporting Language. Annual Returns include your Directors Report Auditors Report Profit and Loss Account Balance sheet Notes on accounts Management Discussion Analysis…etc. A company has to file its AR in xbrl […]
People ask me what should a financial planner do? Well if I were to write a book on financial planning, I could write a few chapters on this topic. One thing however he MUST do is ask you a lot of questions – some painful. For example when I talk to a new, unknown person […]
I do not always respond to emails and comments on my blog. Some are too obvious and some queries are portfolio management queries. Typically like ‘I have invested in……..’ is it a good investment? Is it a good time to average? is it a good time to sell?…. frankly the answer to all this is […]