“If you are a girl take up a government or psu bank jobs, you can work less, have a nice time and you will get a pension”. If this is the advice you got or are getting from your Mom, ask her to use the refresh button. Not once, but many times over. Things […]

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Some debt market basics….largely meant for the MBA (finance) students: What is a Negotiated Market? deals that have been done by negotiation, executed -but REPORTED on the trading system – for approval of the exchange is called a negotiated market deal. What is a when-issued market? it refers to the security being permitted for trading […]

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A friend called me with a surprising question. Let us call him M.D. He bought a house in Navi Mumbai for about Rs. 80 Lakhs, – of this about Rs. 55 lakhs was funded by a loan from the State Bank of India. Over the last 4 years he had paid a lot of interest, […]

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Not very long ago people believed you finished your education, got a good job and relaxed. This is no longer true. Welcome to the next 20-30-50 years: 1. Taxes in all forms will GO UP: Frankly there is no attempt by any government anywhere in the world to become more efficient – this will force […]

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The mutual fund industry is cribbing about there being no investments. Of course there are no investments. The industry has spent all its time pampering, requesting, cajoling the distributor. They have no direct communication with the investor. Do the fund houses need the distributor? Yes. What a tight situation, is it not? Has any fund […]

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what do you do when you get such comments / emails…? ‘Do not believe what these experts tell you. See the returns in the equity markets in the past 10 months even on an SIP basis is NEGATIVE. Do not invest in equity markets. Keep all your money in banks ONLY…at least your money will […]

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Well, well. State Bank of India got a new Chairman and he wanted to start on a clean slate. Well the new broom cleans well…and it did. He decided to provide for the pensions as well as clean up the NPA requirement. This is a very bad reflection on O P Bhatt who had hidden […]

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