I must consider my self very, very lucky. During the Harshad Mehta Boom, I bought an office space for personal usage. When the index reached 21000 I had no reason to sell. However just luckily I decided to get out of some very high price earning stocks like Tata Power, L&T, Hdfc, and invest in […]
When I was talking to a regulator, he asked me “How come ULIPs (Unit linked insurance plans) charge such a high “entry” load? I told him as a distributor I can actually make more money from a customer selling mutual funds than selling ULIPs because of churn and a trail commission that is based on […]
the flow just continues… A friend called me to say he is buying a new life insurance policy. Luckily he called me before he signed the cheque. I asked him why did he have to buy a policy – his son and daughter have just completed good top class education and are in nice jobs. […]