9 lessons for both traders and  investors after the recent crash

In the past few years, we have gone through occasions when stocks fell like nine pins over just a few days. At such times, I would get calls from panicky investors. There also used to be tearful phone calls from day-traders who saw their entire gains of six months to a year wiped out in a day or two. This time, it was different....

UTI Mutual Fund terminates Senior Citizens’ Unit Plan

For 25 years, the erstwhile Unit Trust of India (UTI) was synonymous with security of investment. But, since 1998,
there seems to be no end to bad news for those who invested in its many fanciful schemes. On 18 February 2008, UTI Mutual Fund (UTIMF), which inherited the Senior Citizens’ Unit Plan (SCUP), will unilaterally terminate the...