Shopkeeper: Rs. 51,500/- only.
Shopkeeper: It’s an iPhone, Ma’am.
Me: Yeah, right. (Grumpy face)
And I came out of that shop with a heavy heart knowing full well that my Dad had just spent half a lakh rupees on a phone he would use only for making and receiving calls, something he was easily doing with his Nokia 6600 (whose even scrap value is zero) all these years.
I am sure we have all felt this feeling. When we ordered double cheese lasagna (with guilt trips) at our favourite restaurant when all we needed was Daal-Roti to quench our hunger. Or when we bought the top model of a car with Bluetooth, touch screen and speakers knowing well that we wouldn’t use these features.
Already feel that pain??
Let me make your heart heavier. Continue reading “Trade Big, Pay Less! Thanks to the Discount brokers!”
I remember the day vividly. It was 2 years ago when I received my first paycheck and despite spending more money in a month than I ever spent in my entire college life, I still had a significant amount of money left in my bank account.
And it was the constant pressure of this very unused and unutilized money lying fruitlessly in my bank account that compelled me to finally ask myself the billion dollar question that every lazy and financially challenged (read: ignorant) person avoids asking himself-
“Where should I invest my savings?”
The choices, like always, were all myriad and unappealing. After all, banks had such low-interest rates, investing in fixed deposits hampered my prized liquidity and PPFs with their 15 years of lock-in period? Don’t even talk about it! What about the stock market? Come on, I was a beginner dude.
This was until I came across my saviour (Or so I thought) – our very own-Mutual funds!
No wonder they are so popular.
My money would be managed by professionals with diversified portfolios. I don’t have to care about tracking those complex and cumbersome movements of the stock market.
Continue reading “The Downside of Mutual Funds”
Decoding Investment Infrastructure Trusts and enabling investors to leverage this interesting avenue and play the infrastructure sector.
Before I begin with the core idea behind this post, let me go ahead and unequivocally mention that it is neither strange nor embarrassing to admit that it is difficult to comprehend everything mentioned in our good ole’ business dailies like ET, Business Standard, Mint etc.
Well, I may be wrong about most of my readers (and that’s a wonderful thing) but I often realize the utmost significance of drugs like Saridon because of these dailies.
Couldn’t it all be simpler? Don’t you direly wish that some of the significant concepts can be understood without taking a Saridon?.We hear you and have already acted upon it. As a first, Fintuned has already picked up a novel concept that has been doing media rounds frequently now. Our attempt is to pick up complex concepts (at least by our judgement) and try to decode them in the simplest manner possible. So, any guesses on what’s on the table today!
Continue reading “An Investment Structure For Infrastructure”