Opportunity Cost of Investment Delay
Dear Friends, I was reading a financial magazine yesterday that carried this simple message of “Opportunity Cost of Investment Delay” which I thought I will illustrate with an example of my own. The message is not something that we are unaware, but the impact that it creates with an illustration is immense and thought provoking. Ajay and Vijay are friends of the same age and wanted to start saving for their retirement at the...
Rendezvous with Anoop Bhaskar, Rockstar Fund Manager, at ITC Grand Chola, Chennai
Dear Friends, Advance Independence day wishes and God bless India! UTI Mutual Fund, the pioneers of Mutual Fund business in India celebrated their 50th year of service excellence on the 6th Aug 2014 and I had the opportunity to be present on the occasion, courtesy Shiva, AVP- Sales and Marketing. The occasion was also used to launch UTI’s Focussed Equity Fund Series, 1100 days closed end Fund with no Market Cap Bias, Style...
SIPs and STPs Demystified
Dear Friends, Id Mubarak! I presume you would have heard the Financial Jargon “Systematic Investment Plan” of SIP. SIP refers to investing a fixed sum of money on a periodic basis over a long duration. A Bank Recurring Deposit is in a way SIP. It inculcates a regular savings habit in us. But the power of SIPs can be appreciated only when you invest in Equity where there is a fluctuation and the value...