There is a very reassuring word in Fixed Income Market which is “Sovereign Backing” meaning that the security or the Bond is backed by the government, hence has the least possibility of default. These are called Government Securities or Gsecs by market participants. But you know there was no viable means to buy these securitiesRead More
Can NRI invest in NPS (National Pension Scheme)
There are a lot of NRIs who are out of India at present but wish to return back to India in later years and settle. Can NRI invest in NPS for their retirement? Can NRI invest in NPS to take benefit of low cost? Can NRI invest in NPS to take benefit of taxation? Till nowRead More
Social Media Reactions When Market Falls – Humor
When the market falls it worries a lot of stakeholders… except the RIGHT PLANNERS. Those who know markets will fall and provide them the opportunity do not care. But, the majority still worry. And, in this internet age, falling markets also catch social media’s eye. The sellers of equity (direct or through MF) and investorsRead More
Simplifying the Rule of 72
I am sure you know the thumb rule of 72. We all use it to know when we can double the money or what rate of returns we ought to earn to double our money. But do you know why 72 is used and not other numbers like 71 or 72? Well, it dependsRead More
Negative People Know Nothing About Money
I usually refrain from writing about negative things, but the negative people around, who just complain and complain about money are really intolerable. They have given up to the fact that they cannot do much about the financial mess that they have created, so they just keep avoiding a real pep talk or a person whoRead More
Angelina Jolie & Household Budget
Won’t say Angelina Jolie is expert at budget, especially after hearing that her marriage ceremony with Brad Pitt cost millions, but this caught my eye when she said this in an interview with CNN in 2005- “Save one-third, live on one-third, and give away one-third.” – Angelina Jolie Now, I am a huge fan ofRead More