Many people close to retirement and some people in retirement are calling up – and their portfolios suck! Portfolios have the classic mistake of either being too aggressive or being too defensive with a lot of long term debt. In most cases I find a slew of mutual funds – opportunities funds, foreign investments, small […]
Continuing the debt class, have you ever wondered what assets can you invest in to meet your debt requirement? Well there are many – and most of them you know about. Let us just enumerate them. We will see them in detail in a later class. The list is as follows: a. Savings Bank account […]
Now that the Pay commission recommendation has been accepted, inflation gets a nice leg up :). Now you can see inflation at 12.5% this week and perhaps at 13% the next week. This will increase the interest expectation of the people and therefore the reluctance of people to participate in RBI auctions. Thus if you […]