Normally the Avenues for Retirement Planning for the Indian population would be the following: PPF , PF, EPFO , Mutual Fund Pension Schemes, Retirement Planning products from Insurance Companies, bank fixed deposits and post office schemes. A very small part of the population created its own customized Individual Products. This could be a couple of […]
One very important media advise is “If the fund has been a poor performer for X quarters, sell it off“. This looks so stunningly correct an advise that few people will be able to shrug it off. Take for example in the current down turn of the Indian equity markets the performance of ‘balanced’ funds. […]
So, What are the Ten Roads? More importantly, what will work for you? 1. Start a successful business—the richest road! Sure you can become a Bill Gates or a Azim Premji. However even if you do not become so successful you may still be able to make a couple of crores – not bad. This […]
If you are a reasonably well off individual living in India’s metros, at some stage a “relationship manager” or a “wealth manager” would have approached you with an offer to “manage” your wealth. You may have recoiled in horror, or been pleased that somebody thinks you are now in the “wealth” category. However, do not […]
I have had at least 13 calls asking me a simple question: “Should i sell my units in Dsp Merill Lynch?” and “Should I surrender my TATA AIG policy”. Surprisingly the answers to both the questions are a little different. A mutual fund has 2 distinct parts. One is a Trust – which has all […]
Continuing the mutual fund tutorial, for whom is a mutual fund suitable? Well it is suitable for people who do not have ALL THE THREE : Time Lots of money Skills of stock picking, portfolio construction and fund management skills. Then you go for mutual funds. Mutual funds give you the following advantages: Portfolio diversification […]
this article has been written by a friend who is a little shy of writing so he writes nuggets and sends it to me for asking whether it is good. Since he does not use it, i am using it in my blog…. Leveraging Real Estate –to your benefit With the Equity markets touching new […]