In your interest.
Online Personal Finance Magazine
No beating about the bush.
“There was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.” – Paul Samuelson, Economist
In the US, a typical mutual fund churns over its entire portfolio at least once every year and owns 160 stocks. In India, the size of an average portfolio is smaller but churning is more...
Prices of all things are up except stocks; it is good for long-term investors
I am sure those of you who are in the stock market must be worried like hell. But look again. The market is giving you another opportunity to get in and participate in the growth of Indian enterprises. Just about six months ago, everything looked expensive and most believed that it would get more expensive....
Just when I thought my woes in opening demat accounts would end, I have encountered a new and bigger problem. Until now, there was a process of ‘in-person’ verification of an applicant wanting to open a demat account. The applicant’s documents are verified with the originals and the address is verified personally (although hardly anyone follows this requirement...