In your interest.
Online Personal Finance Magazine
No beating about the bush.
Refer to “The IPL Circus” (MoneyLIFE, 22nd May). First the Bollywood stars slapped Indian cricket by auction of cricketers and now Harbhajan slapped Sreesanth - so there is nothing new! Yes, the mega opening of the IPL match at Bangaluru by parading half-nude girls as cheer-leaders during a match has made a tamasha of serious cricket. A sport is not only about entertainment but also involves...
In our issue of 29 March 2007, we had pointed out the attractiveness of bank fixed deposits (FDs) against fixed maturity plans (FMPs) of mutual funds. The gradual rise in interest rates put the shine back in debt instruments, especially for risk-averse investors. Banks offer anywhere between 9%-10% on FD schemes and the average FMP earned about 5% when we did our analysis. The change in the...
In the market, history often repeats itself. Maybe in slightly different forms, because market structures change and new instruments crop up. The stupidity of Long-Term Capital Management is no different from what happened during the subprime crisis. One of the most extraordinary events in market history is ‘Tulipmania’ of 1630-37 when the price of certain tulip bulbs in Holland was more than...