I was not sure whether to call these investment myths or investment myths, so decided to call them middle class myths! 1. LIC is a good investment: Most (if not all) bought LIC’s products as a method to defer or save Income tax. They did not think of life cover, returns, or anything else. In […]
Yesterday a few people were screaming on Times Now….volume was down – I was watching cricket – so just saw a glimpse. I recognised Kiran Bedi..none of the others. It looks like Indians are losing patience with the government – and the government is not bothered. Be it the arrogance of Kapi Sibal, Pranab Mukherjee, […]
A few days ago I did a post sayings ‘Indians are under-insured’. It was so good that Dr. Khan came and commented (!).. However some of the comments were really saddening! When a person died (and his son died with him) – his wife got more money on the child’s policy than what she got […]
Let us take a typical Punjabi wedding in north India….there are many people who carry guns and fire in the air. Why the do it does not matter, but they do it. Or let us take the case of a kid who is asking his mother permission to go to a friend’s house – and […]
Well nothing new in this post..we all know that Indians are good savers (hear hear…why banks in India are so profitable that even PSU banks make a profit)…well here is a study which was has been reported by Wharton…about India and China..nothing new, but presented in good style by Wharton’s magazine.. http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4578
Well way back in the year 2001, we were a group of people who attended a mutual fund training program. Here we were taught some very important things. One of them was “Who can invest in a mutual fund” ….Uma Shashikant gave us this answer: Now let us see who all can invest in […]
This is a pure humor column…figures are completely wrong, but I guess the trend is correct…. 150,000 people selling mutual funds (read as UTI), post office products, etc…. Exam introduced by SEBI (people wrongly call it the Amfi exam) 10,000 people selling UTI products Exam introduced in Hindi 85,000 people have passed the exam…now it […]