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In the days of the old when Stock Broking was carried out in a ring with people shouting at one another, brokerage as a percentage made eminent sense. Buying 100 shares was far easier than buying 10,000 shares for example. A percentage fee made sense since a higher effort was required to buy such huge quantities while at the same...
The other day I received an email from someone who is currently a student but wishes to pursue a line of work that one day will lead to him becoming a fund manager. While everyone of us have their own reasons as to why to become a fund manager and take the trouble of not only having to manage our...
I grew up on a diet of reading about Successful Entrepreneurs. I was young and naive at that time (and old and naive these days) and the one common thing I saw among these successful Entrepreneurs was that they all started off from a Garage. I always wanted to be my own boss and would you believe, my Grandmother even...
Unless you have been sleeping under a rock, you know the story of Vendanta that has been splashed all over in recent days. Promoter wishes to buy the company back from its public shareholders. He proposes a price he thinks is a fair price to start discussions with, the biggest shareholder baulks and says the price he is willing to...
Twitter is a place where you meet Strangers. Some become friends for life, some acquaintances but most just some one whose tweet you once read and either agreed or disagreed. While Twitter is known for its Trolls and abusive behaviors thanks to the cover of Anonymity, there are people who are kind beyond what you feel you yourself deserve. For...
On Twitter, there is a raging debate on whether you should buy stocks for their dividends. On one side are those who argue that buying dividend paying stocks is the best way to ensure a cash flow without having to liquidate investments to generate a regular income and on the other side we have those who argue that is simply...
I spent the last few days at my Sister’s place and returned home today. On the way, I picked up a packet of milk. Between where I picked up my milk and my home, I seem to have inadvertently dropped my purse containing a couple of thousand bucks in addition to other Cards and miscellaneous items that keep my purse...
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