Most stories going around in the world are only about dishonest, misselling, cheating agents..do any of you have any idea about a few honest agents? The agency business is funny. Managers get people who are reasonably good in sales, but not too knowledgeable about the product, and make them agents.. here is a story: “I […]
Well I have a lot of presence on the web – fb, linkedin, twitter, then the obvious mails…etc. One of the websites I use is ‘moneycontrol’ – for prices and charts…funny thing is a part of my portfolio is there. I keep getting advice as follows: –Cholamandalam is the biggest loser in your portfolio..what should […]
Whenever people ask me ‘I have made this investment (life insurance policy, mutual fund, equity shares, house -does not matter) – should I keep it or should I sell it? Immediately they tell me the cost….paid Rs. 6L premium for 4 years, bought this house for 73 lakhs, …and now the value of the portfolio […]
I was so amused at a suggestion that Rs. 100 will be paid as a one time transaction cost for some select mutual fund agents, that I have no clue how to react. Yesterday 2 media companies wanted to know how it would work. I said I have no clue – will they pay Rs. […]
Sunday philosophy ka quota! When people ask me for a feedback on the work that they have done I am usually in a quandary. First of all if i have no end usage of that product, or that person is not in a reporting relationship I NEED NOT GIVE a feedback at all. However, they […]
I have been asked a few times ‘Why do you not write a book on Money – especially for women’ ? This is difficult to answer. There seems to be a stereo type image of a woman needing ‘help’ to manage their money. It may also be a hint that women do not understand finance […]
This is an old idea – many people have said it. Particularly Peter Lynch has said this many times – buy things you are familiar with, what you cannot describe in a picture is not worth buying, etc. There is of course a lot of justification to own shares like Gillette, Colgate, Hindustan Unilever, ITC, […]