In your interest.
Online Personal Finance Magazine
No beating about the bush.
How many of us have worried that the bottle of mineral water we have picked up at railway stands may have little to do with its sales pitch of being pure or mineral rich? A scene in the true-to-life movie Slumdog Millionaire has its two child protagonists fill bottles of mineral water from a tap and then carefully seal the lids with a simple candle. Don’t you wonder how many big brands and...
Big investors have a hollow feeling of watching the train pulling away
In our previous issue, I had said that there are chances of heading for a serious market decline. But if the Sensex continued to rally, it would hit 13,000. What happened was truly amazing. On Friday 15th May, before the counting of election results began, the Sensex closed at 12,173. Over the weekend, it became clear...
Many funds were sitting on loads of cash before the big rally
One of the key tenets of mutual fund management is to stay fully invested – or almost fully invested – at all times. This idea is in turn derived from another belief of the fund management business. Fund managers argue that you simply cannot time the market – entering and exiting what you think are opportune times. The market will...