Well there is a document on the Sebi website saying a lot of good things…however if you remove a simple TRANSPARENT and quantifiable charge like entry load (1% of the amount invested – i think it is clearly visible, right?) and replacing it with a RECURRING regular charge (including on EXISTING ASSETS I PRESUME) …IS […]
Here is a fictitious conversation between an asset-manager and an asset manager’s regulator. Asset Management Association: Good Morning, Mrs. Regulator. R: Good Morning, please take a seat. AMA: Sir, our business is not profitable at all, we need some help. Regulator: Oh yes, the Sarkar was also telling me that we need to help you. […]
Most people who talk to me are worried about 3-4 things in Retirement. Nobody seems to be worried about death – death is perhaps welcome once their ‘responsibilities’ are over. What worries them about retirement: a) Will we out live our corpus: apart from usage assets (assets that are held for usage, not appreciation or […]
At what age should one retire? How much money should a person have for retirement? Is retirement an age or a sum of money? Are there any great activities that I love to do which is PULLING me towards retirement or is the calendar PUSHING me towards retirement? These are questions that an individual […]
You have heard this many times…right? The rich get richer..why do you think this happens? Well it is because whenever we buy something we pay a price, right? Well let us say you go to a hotel where a ‘masala dosa’ is sold to you for Rs. 75. Immediately your mind goes to the costing […]
These are some of the queries that I receive – most of them asking me ‘Should I invest in equities’ or EVEN ‘Why do YOU say I should invest in equities’. Let me first list the questions: 1. Will the next 20 years be the same as the 20 years that have gone by? 2. […]
– Markets are in a turmoil, you should be investing in ‘safe’ assets that give guaranteed returns like ppf, nsc, bank fixed deposits. – Do not sell all your equities, but do put some money in debt instruments, it is safe – Do not worry about sector specific investments, but the sectors to be avoided […]