Too much is made out of entry load, exit load, ulip, cost of fund management etc. Most of the loss (leakage) in personal finance can be attributed to the inefficiency of execution. Even good advice is lost to poor execution! Let me enumerate (Ripley’s should not use it in their Believe it or Not, please) [...]
One of the best sales men I know told me “You must watch Rocket Singh” – to me this is not a great advise – my movie watching is very, very little if at all. However I did watch Rocket Singh. I now feel all my ‘friends’ who are not in the sales profession [...]
Voluntary Retirement Offer – Evaluation: For whatever reasons – voluntary retirement offers are now quite common and most people do not have a choice. However, if you do have a choice, see how to make the best of it. If you are given a VRS offer at age 45 and you have a transferable skill [...]
One amazing rule of investments is called the ‘Golden Rule of Investing’. The Golden Rule says “he who has the Gold, makes the rules of investing”. If this post gets you nostalgic, you must have been born in the 1960s! Once upon a time there used to be a ‘ring’ in The Stock Exchange (you [...]
A couple of weeks back I had written a post about how the slow down will hurt some industries. Fairly clearly those companies (industries) which have a high cash burn ratio – and who cannot reduce fixed costs will bleed first. Financial services industry – life insurance, broking retail, general retail – are all vulnerable. [...]
Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo! Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. [...]