this was written in 2007-8 and appeared in an abridged form in moneycontrol …. Hello, Congrats on the nice job you have got! With a degree from an Ivy League school this was a nice job to land. I know you have majored in Finance and are hoping to make money by the tons. […]
I have been hearing from friends about good real estate deals in US and UK. Not that real estate there is a good deal or a bad deal, but when you compare it to Indian prices, it surely looks attractive. It may also be some kind of a protection for people investing only in India. […]
Warren Buffet is a great investor, and a great CEO for Berkshire Hathaway. He regularly makes very profound investment statements regarding the investment world…and the other managers. One of the statements attributed to WB is: ‘When all you have is a hammer, the world looks like a nail‘. This is easy to interpret. Take […]
The slowdown in the economy, SEBI and IRDA never ending and ever changing regulations, falling margins, better opportunities elsewhere….are all reasons why the agents seem to be consolidating. Many wealth oriented people are hoping that the clients will understand the need for Medical and Life cover insurance. Typically my suggestion is for people to buy […]
Here is a cut paste from the SEBI circular of what happened at their meet today: In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would be allowed to charge Rs. 100 as transaction charge per subscription. No charge can be made for investments below Rs. 10,000. An additional […]
If you hear I have been killed in a road accident, please ask for a CBI probe. The amount of immoral things that corporate India is doing (I am convinced it was not so bad earlier) is unbelievable. The sheer enormity hits you. I have been inundated with mind boggling stories. Many of them involve […]
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 […]