Try being a senior citizen in this country! Just day to day living is made tough by the service provider. Make no mistake when I saw the ARPU for airtel going up, I was happy – I am a shareholder and my latest buy was at 276! So in this bad market it is making […]
Many people have been asking me this question…’You say all this…but where do you invest?’. Well very clearly I invest only in equities. Other than a small amount in debt (which should be say next 4-5 years household expenses) + some money in PPF and planning to open a Senior Citizen Yojana a/c for my […]
On 3rd May, 2010 IRDA came out with an amended ULIP regulation…or whatever it is called. There is nothing special except that the reports in the media suggest that it is something new. Well the things are: No partial withdrawal from a pension plan – this will make the pension plan even more tax inefficient. […]
When you see news items like IPO subscribed 40 times, or 200 times do you wonder how? Or when L&T finance debentures at 8.5% p.a. gets subscribed, do you wonder why? The answer is very simple. Merchant bankers are a nice small clique who also run PMS schemes. So when the ‘Investment Bank’ goes to […]
NPS – New pension scheme or National pension scheme….does attract a lot of attention from many investors. However the jury is still out on whether one should invest in it nor not invest. One major (I mean MAJOR) DRAWBACK is you have no clue what will happen once you finish the accumulation stage and go […]
Advantages of PMS 1.Personalised asset allocation. The portfolio should be based on your personal investment goals. It would not be just a general strategy like “growth” or “income.” Thus the money that you need in 6 days would be in a savings bank account, money that you require in 6 months in a floater account, […]
Recently Mr. Sunil M Gavaskar celebrated his 60th birthday. Nothing great about it. His parents were around to bless him – this is a new phenomenon. Many people who are celebrating their 60th birthday are celebrating it with their parents around them. Many of these parents are pushing 80 – some are close to 90 […]