Enrolling in the National Pension Scheme (NPS) is very simple. You will go to the nearest point of presence (PoP) and do the necessary documentation. Keeping in mind the banking KYC this will involve carrying proof of residence, pan card, 2-3 passport size photograph, etc. and fill up the prescribed form with the required documents. […]
India now has a pension scheme which is open to all its citizens, has an element of equity, and is expected to work wonders for all of us. Let us see some of the features….. Any Indian citizen between 18 and 55 years can join the National Pension scheme launched by the Government of India […]
Many people close to retirement and some people in retirement are calling up – and their portfolios suck! Portfolios have the classic mistake of either being too aggressive or being too defensive with a lot of long term debt. In most cases I find a slew of mutual funds – opportunities funds, foreign investments, small […]
Many people who read my blog ask me one question. Am I against real estate investing? The answer is NO. It is a capital NO font size 72 dark, bold, …what ever else you want. However the common man – or most of the people whom I meet are so poorly equipped to deal with […]
June 6 and 7 (2009) Nehru Centre, Worli, Mumbai, India will see an unique event for the retail investor. Many fund managers – (Nilesh Shah (icici prudential mutual fund), S Nagnath(dsp mutual fund), Madhu Kela (reliance mutual fund), Prashant Jain (hdfc mutual fund), Rakesh Jhunjhunwala (Rare enterprises) – an investor, Sanjoy Bhattacharyya, are all people […]
This is not a debate on whether you will live long or not live long. It is simple and easier to assume that you will live long – pretty long if you ask me. If your grand parents are pushing 85, your father is in his 2nd innings, but still holding a job at the […]
Many people underestimate the hurt that taxation causes to their investment. Let us take an example. If you invested Rs. 100,000 in a RBI bond which pays 8% p.a. before taxes, you will get Rs. 8000 as interest and assume you pay 30% tax you will be left with Rs. 5600 at the end of […]