So here is Children’s Day – a good day for parents and children to take stock financially speaking! Most parents like to think they are helping their children by helping them financially. Especially if you are doing well – but in many cases even if you are not doing so well. Take the case of […]
If the market goes up 3 days in a row, i get emails / queries asking “Is this the end of a bear market”. UNfortunately I do not have any simple answers. First of all the market does not announce the starting of bull / bear markets. Pundits have chosen the names and almost always […]
If you have wondered what makes mutual funds less risky than direct investing is the fact that a fund manager has to construct a portfolio. However, the fund manager should not get carried away and put too much money into one company..or cause such harm. So the law has put some restrictions as follows: Minimum […]
The AMC may charge the scheme with investment management and advisory fees subject to the following limits: – @ 1.25% of the first Rs. 100 crores of weekly average net assets outstanding in the accounting year, and @ 1% of weekly average net assets in excess of Rs. 100 crores. – For no load schemes, […]
Most business people pay lip service to education and training. If you are a business man and know your business well you still need to learn about money. You need to be updated about HR. What about logistics? – really the works. Ask a group of business people if they’d be willing to attend a […]
The late Behram Contractor (far popularly known as Busybee – I used to buy Evening News, then Mid-day, then Afternoon Despatch and Courier ’cause he used to write) used to start his Saturday column with the same words – and if i remember right his column was called “Round and About”. He would say […]
Normally I do not share a client mail or a distress mail with all and sundry – however I have removed the numbers and here is an anguish from a girl who loved her late father, but realizes the financial mess that the family has got into. Since she has written well, I thought I […]