Staying Illiterate
R Balakrishnan on saving  and  investing prudently 15 December 2009

Have the government, regulators and financial services providers become willing partners in keeping the masses financially illiterate?

Invest 12,000 every year for three years. After five years, get 72,000. Get gold coin free. Please contact 98xxxxxxxx.” I still keep getting such spam messages. This one was from an insurance agent selling unit-linked insurance plans (ULIPs). In the above...

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