When interest rates go up, you know one thing for sure – it will come down also. Now inflation figures are likely to be a little lower (base effect), and there will be pressure on RBI to cut rates. In the informal market (ask the builders!) interest rates are still hovering around the 25%p.a. + […]
Do you want to know the real secret to successful investing? It’s a deceptively simple little thing called an investment policy statement, or IPS. An IPS spells out an investor’s investment philosophy, asset-allocation targets, and expected results. It also lays out a plan for how the investor will monitor his or her portfolio. We will […]