It is said that in economics, there are no free lunches. And where better to apply that aphorism than the recent spending spree of the US government. Warren Buffett too has made numerous grim warnings that efforts such as the Treasury’s US$ 700 bn Troubled Asset Relief Program and the US$ 787 bn fiscal stimulus plan [...]
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Opinions expressed here are entirely my own and do not reflect the position of my employer or any other entity. The views and opinions expressed by visitors to this blog are theirs and do not necessarily reflect mine.
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PLIFS published en excellent post yesterday about how to survive a Stock market Correction. I finished reading it a few minutes ago wishing I had penned it I would rearrange some of the points though. Stop listening to analysts – Correct. Numero Uno. No arguments there Sundaram BNP Paribas Mutual has put up a new web page for online transactions. In it they promise to provide a Direct Payment Gateway for online Mutual Fund Purchases, thereby enabling investors to avail the new No Load option given to direct purchases from the AMC. A welcome move! I look forward to using the service when [...] ICICI Prudential Mutual Fund is one of India’s leading AMCs. They manage a lot of money (AUM) and are innovative in their product offerings. They also have a good track record of technology use. Their web site was one of the first to offer direct purchase of Mutual Fund units as well as portfolio tracking. The PruTracker [...] See the screen shot below for my most eagerly awaited Mutual Fund Account Statement Notice the NAV & the Price in INR columns. The last transaction dated 14/1/2008 is the sweetest. No Entry Load! I have already canceled most of my ICICIDirect SIPs. So far I have been able to take care of only a part of [...] |
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