Why does the government need so many banks? With different names, multiple branches, multiple ATM booths,….but essentially doing the same work. The metros are over banked – seeing 4-5 branches in a small road is a given. Well the reasons are simple. If there is a Rs. 10 crore fraud in a small private sector […]
Either people do not understand or do not want to apply common sense….so some investment myths continue. Let me list some of the emails that I have received recently…. 1. ‘What ever you say about Gold, NO OTHER ASSET CLASS has given the kind of return that gold has given in the last 40 […]
A few years ago I was in a small city of India and was at a party. The table where I was sitting were three men discussing something which I could not understand at all. ‘I moved from a 1:7 to 1:3’ said the first person. Oh that is really good “I am not happy […]
It is today easy for a person to get a visiting card with a qualification that sounds very good. Let us see if you can pick which one is a degree got with some effort and what is got gratis: Certified Financial Analyst, Certified Public Accountant, Chartered financial analyst, Certified Financial analyst, Certified Financial Consultant, […]