TYPICALLY NFO’S ARE EVERY FUNDS HOUSE’S JOY RIDE. THEY MAKE MONEY AND PAY FAT BONUS TO THEIR MANAGERS ON THIS. NEVER BUY INTO AN NFO UNLESS YOU ARE TOO SURE ABOUT THE FUND MANAGER.NFO’S DEDUCT EXPENSES FROM INVESTOR WHICH THEY SEND ON ADVT, T.V COMMERCIALS, PRINT ADS, ETC… BASICALLY ALL THEIR MARKETING EXPENSES ARE AMMORTISED … Continue reading »
Posted in December 2006 …
Are Equity funds suitable for Elder People?
SHOULD YOUR GRANDFATHER INVEST IN EQUITY SCHEMES. THE ANSWER SHOULD BE A BIG NO.ELDERLY PEOPLE SHOULD TYPICALLY STAY AWAY FROM EQUITY SCHEMES SINCE THEIR RISK PROFILE SHOULD SPECIFICALLY EXCLUDE SUCH SCHEMES.
MIP A GOOD OPTION IN CURRENT MARKETS.
MIP’S(MONTHLY INCOME PLANS)HAVE LITTLE CONNECTION TO MARKETS. THEIR MAIN OBJECTIVE IS GENERATING REGULAR INCOME BY CONSERVATIVE INVESTMENTS. MIP IS A VERY GOOD SOLUTION IN CURRENT SCENARIO WHEN MARKETS ARE TOUCHING THE SKY.MIP INVEST FUNDS MOSTLY IN DEBT INSTRUMENTS OF COMPANIES(CORPORATES DEBT INSTRUMENTS WITH HIGHEST SAFETY RATINGS) AND SOME PORTION ONLY GETS INVESTED IN EQUITY MARKETS.EVEN … Continue reading »
