Awesome news item saying that IRDA is cleaning up. Great. The way the financial services sector is structured, it should not be difficult to do it. There is only one downside. 38 mutual funds and 16 life insurance companies will close down. So the media being supported by them will shut down. No more sponsors, […]
If you are an investor how many fund schemes do you need to know / track / understand? Well if you are like me 3 a maximum of 5. However if you are a person who thinks that all problems in life can be solved by mutual funds, maybe 10. Normally people save for […]
I have a few friends, cousins, etc. who ask me BEFORE THEY INVEST…here is an email that got forwarded to me saying…sounds too good to be true, want you to say my decision of saying NO is correct… I have reproduced the mail here..was sent by a National Level Distributor (not a bank) …clearly violating […]
The problem with personal finance is there is nothing new happening that is worth writing about! If I do not write about an IPO, a NFO, some new insurance plan launched,…or ‘tips’ on what to buy TODAY! ,….or these kind of articles, really there is nothing to write. Also I am an old fashioned guy […]
If you read the articles on my blog there is malice towards all – if an investor is getting poor returns there is blame to be spread all around. Obviously there is conflict of interest, sales pressures, excessive loads, high fees, charges not being transparent, etc. However one thing the media surely does not want […]
Caller: Hello Mr. Subra…may I come to see you? Me: Sure..what is it regarding Caller: a mutual fund NFO Me: You know my stand…why are you even THINKING of coming…? Caller: No sir need a favor… The caller is a small time mutual fund and other financial products distributor who does some general insurance, life […]
The blurring lines between what is media and who is selling a product is really painful for the end user. Let us say I was running a website (and my income came from the number of people coming to my site, a.k.a. advertising) I have to say certain things.Imagine a website which says nasty things […]