It must have been in 1998/9 when I heard about SIP for the first time from Suraj of Franklin Templeton – he now is the boss man in UTI. A fan of SIP me and many others like me have… Read more
Rajiv Gandhi Equity Scheme
If you ever wanted to know how lobbying works, or how any government loots…read on: The government makes a lot of money by introducing a Security Transaction Tax – paid by all buyers and sellers of equities. This is a… Read more
Choose your advisor carefully!!!
I have done this post many times in the past…here is one more attempt. When you require a PERSONAL FINANCIAL ADVISOR, you are looking for a fee only personal finance advisor. Let us see who are NOT pfas: 1. Your… Read more
Financial planner: must he be qualified?
I am an anarchist and do not believe that Rules and Regulations are very important. In fact I do think that lawyers, accountants and even doctors exaggerate their educational processes. Having said that when I meet financial planners who do… Read more
Brokers cheat, you need to be prepared!
So you lost a bunch of money in the market, right? You bought Crest Animation, K S Oil, Punj Lloyd. None of them are likely to be anywhere near your cost for the next decade or two. Or you bought… Read more
Documentation mistakes in life insurance!
Don’t take this risk with insurance – the mistake of nominating wrongly! Most people name their beneficiaries when they buy the policy, and then never give the subject another thought. That could be a mistake. Good consultants recommend that you… Read more
Four golden rules of money management
Personal finance is of important to all of us and we all need to know, understand and follow the Rules of Personal Finance to be financially successful in life. Many may feel that one could learn the rules by experimentation;… Read more
Debt and instrument
What are the debt instruments that you can invest in? As an Indian you have a lot of choice as far as debt is concerned. You should look for the following when you are looking for a debt instrument: 1…. Read more
The art of presenting a financial plan
You create a plan keeping in mind the client’s best interests. This plan is based on the information gleaned by you in your meetings with them. However, they may not be able to understand the nuances of this plan and… Read more
India had the third largest number of CFA exam takers in June 2016, globally
CFA Institute, announced that of the 137,790 candidates who sat for CFA Level I, II and III June 2016 exams globally, 12,117 were from India, the third largest number of exam takers after the United States (31,501) and China (26,758)…. Read more