Fund Managers need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where a PMS can step in. However I would recommend […]
Completely unconnected to the downgrade of USA by S&P, Mr. Deven Sharma stepped down as President of the rating company… Of course, USA is a meritocracy so it is not possible that White House would have made that fatal call..for the end of the tenure of Mr. Sharma… USA is not India…it is a free […]
Well Anna Hazare is a tough nut to crack…and we have seen that: Manish the great spokesperson of Congress says: Anna should stand for an election if he wants to do something for democracy, OR HE IS ANTI democracy. I will let my brilliant readers decide between Manish, Kapil Sibal, PC and Amika Soni on […]
We will now have a smear campaign against Anna and that will not be difficult. Let us see what all the Congress will say about him: 1. Anna eats non veg – this is not Gandhian. 2. Anna does not dare to create a team 3. Anna does not believe in democracy, he is a […]
Once in a while a man comes along willing to offer you his everything. Including his life. It is not easy, not many of us can do it. If I give somebody a book out of my super overflowing library, I keep track to get it back. I have no clue when I gave something […]
In almost all trainings – whether it is a relationship managers training or a independent financial analyst’s training, one complaint comes through very loudly. It goes like this: “I have a client who invests 5 a month in a mutual fund regularly. However I am under tremendous pressure to sell him a unit linked plan […]
Now imagine the stress this puts on the government (remember government pays indexed salaries and indexed pensions) finances. Low real returns has a very bad impact on the investments that people make – and the asset allocation has an impact on the credit market also. So the government has to tackle inflation – in a […]