In your interest.
Online Personal Finance Magazine
No beating about the bush.
Put your money in a liquid fund and wait for the correction
The year 2006 has been a smashing year, with corporate performance exceeding analysts’ expectations by miles, thanks to supply constraints which have transferred the pricing power in favour of companies. An industry like cement, which no one wanted to touch a few years ago, is on a roll. Cement companies now expect to recover the...
Your belief in the long-term growth of India has nothing to do with what to expect in the short term
over the past three years, the Sensex has gone up 11.62%, 40% and 43%, respectively. What lies in store for 2007? A few months ago, ASSOCHAM, an industry mouthpiece, surveyed India’s CEOs, merchant bankers and fund managers about market prospects for 2007. Some 72% of them felt that “the...
Fund companies are asked to mention that past performance is no guide to the future. Just as well, shows a new study
Investors and fund professionals mainly rely on past performance in fund selection. But is this logical? If so, why do regulators insist that funds must be sold with the caveat that past performance is no guide to the future? Indeed, this caveat is a rare piece of wisdom coming...