If you have a financial planner with a ‘product sale’ mentality – especially who has sold loan products also in the past, there is a good chance that he would suggest leverage. Leverage means borrowing. So read on… Financial planner: Borrowing sensibly is a good way to build wealth. Do a disciplined borrowing and you […]
June 6 and 7 (2009) Nehru Centre, Worli, Mumbai, India will see an unique event for the retail investor. Many fund managers – (Nilesh Shah (icici prudential mutual fund), S Nagnath(dsp mutual fund), Madhu Kela (reliance mutual fund), Prashant Jain (hdfc mutual fund), Rakesh Jhunjhunwala (Rare enterprises) – an investor, Sanjoy Bhattacharyya, are all people […]
Continuing the mutual fund tutorial, for whom is a mutual fund suitable? Well it is suitable for people who do not have ALL THE THREE : Time Lots of money Skills of stock picking, portfolio construction and fund management skills. Then you go for mutual funds. Mutual funds give you the following advantages: Portfolio diversification […]