Hi my definition of a youngster – for this post – is those people born say 1980 and later. This post was triggered by a comment on the annuities post. Let me enumerate: 1. Most of these people started their working lives say from 2002 onwards. So from 2002 to 2007 they were told by […]
Yesterday evening a friend called up to say ..in 1995 we saw the birth of the Mutual Fund industry in 2015 will we see the end? Well to start with there is no ‘take over of a mutual fund’ as the whole world will report today. I think L&T Asset Management Company will take over […]
No clue how the market will react to this news of Fidelity being taken over by L&T Mutual Fund! I have had a couple of calls from investors in equity schemes who may pull out their money. However Fidelity has a lot of institutional debt which may not panic from this change of management. It […]
What a topic to write on…on Women’s day! Right? Hell, no. I just choose this title because I think many women will search for this line – and hey I have your attention, do I not? Well here is a list. Believe me..if I had said what MEN should know about money, the list would […]
Here is a link to the thoughts of Warren Buffet… I more than agree with most of the article…also because I believe it, you could call it affirmative bias. I know people who have made fantastic returns in property trading, gold trading etc. However I do not believe that real estate, bonds, and gold can […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]
The perennial search for quick money takes us through lot of unknown routes. It takes a lot of hard work, luck, government lobbying, team building – to create companies like Tata Steel, Hdfc, TCS, Infosys, Reliance, Honda Motors. It takes years, if not decades to create good companies too! However a few people feel (and […]