http://in.finance.yahoo.com/news/how-much-can-you-lose-in-equity-.html Well just too many people have no rules, limits, …and have no clue on how to invest in equities. These people can, should and do lose their shirt, pants and undergarments…..and deserve it. Completely. Let us say you are a well qualified, sensible, boy or girl and wish to invest in equities. Well if […]
Well Sebi says the fund industry will be able to charge 2.75% p.a. as fund expenses. Since you will bear the service tax, brokerage, etc. assuming that it will cost you about 3% p.a. is a fair call. This is charged on a weekly basis, so you need to take the impact of weekly compounding. […]
When Nanda’s grandson was involved in the famous (infamous?) BMW case, Nanda was rumored to have spent upwards of Rs. 7 crores. As a person who has seen 4-5 cases go to the supreme court, I can believe this figure. Recently I heard of a Senior Lawyer charging Rs. 25 lakhs for a 2 day […]
If statistics are to be believed about 70% of the Engineers and MBAs of the class of 2011 are still looking for a job. Now about a Million kids of 2012 will be added to this pile of ‘Qualified Job Seekers’. Well most of them will graduate and continue to depend on their parents for […]
People have been asking me…”Is Greece such a big problem…Is Eurozone crisis so difficult to handle…..” Frankly it is the government of India playing the proverbial ‘foreign hand crisis’. This allows them to do what they want, and not get blamed. Surely Greece is not to be blamed for our huge, mammoth deficit. G […]
Subra…I bought this house for Rs. 42 lakhs about 8 years ago now it is worth Rs. 80 lakhs…It has almost doubled. So Subra using your Rule of 72…I have got a 9% return..this is fantastic is it not? In the share market I could not have got this much, right? I said…not so quick […]
Suppose you have bought a policy from one of the life insurance companies (classic endowment) and wish to surrender it, what do you do? Go to the life insurance company and say “i wish to surrender this plan please”. They then follow a very complicated path and tell you how much they will pay you. […]