Regulators have a terrific ability to speak the language of the most dominant player. Have you observed that? When Hdfc Standard Life Insurance came out with ‘riders’ – fairly obviously some riders were priced more than the death main clause (will not go into the reasons here). This meant you could take a ‘Term life […]
My Gym trainer is also my client for advisory services and this is the dialogue that we have had: My Gym trainer: I have been coming to you for the past 4 years and I do not feel rich Me: Are you earning as much as you said you are? GT: Yes of course – […]
Most of the portfolios that I look at have crossed their previous highs and by a mile. What has happened is over the past 2 years some shares like P&G, Colgate, Page, Coromandel Fertilisers, Cholamandalam Investments, etc. have gone up and gone up fast. So people who ask me (or pretend to ask me)have these […]
I do not know whether this is being cynical or this is how life is supposed to be. In the year 2000 when I started doing training as a full time profession, mutual funds were the first port of call. This was not by design but in 2001 the AMFI exam was introduced (it was […]
I have a gym trainer and here is a dialogue between us: Me: I have been coming to you for the past 4 years, and my weight remains the same! There is no use coming to the Gym. Trainer: Do you come to the gym regularly? Me: Of course I do! Regularly at least 5 […]
One expense businessmen love to avoid is the life insurance premium. I did an article for Money Mantra…on why they need life insurance…read http://www.moneymantra.co.in/insurance_o.html
The NSDL (the unregulated capital market player?) proudly claims that there are 1 crore demat accounts in the country. Funnily once upon a time (to avoid TDS) it made sense to create multiple folios (also if you wanted coupons for buying dhotis – Century, watches – Titan, ..) etc. So in one house with 4-5 […]