Seth Klarman On Value Investing
August 2, 2017 Leave a comment
Rakesh Jhunjhunwala On Gains Of GST
August 2, 2017 Leave a comment
The effect of GST is going to be far deeper than the tax itself, because first it will lead to digitisation.Anybody who has a business with a turnover of more than Rs 20 lakh will have to digitalise their business and that is going to bring in tremendous efficiency in the way we work.
Second, it is going to lead to big logistical gains because companies had to maintain warehouses in each state as they did not want to pay the central sales tax, and lorries were stopped in .
-Rakesh Jhunjhunwala
Thoughts On Bajaj Allianz Life Future Wealth Gain
August 2, 2017 Leave a comment
Bajaj Allianz Life Insurance ,via their ULIPs offers you a total choice of 8 funds and their combinations.
The newly launched Future Wealth Gain ULIP and its variant Wealth Plus Care , offers you the chance to invest in 8 different funds, including the newly launched fund- Pure Stock Fund II.
Of all these funds which ones do I find attractive ?
-The Bond Fund to hold the money in and the Accelerator Mid Cap Fund II to invest the money in.
And the reasons ? Read more of this post
UPI Payments: Why You Should Check Them Out
July 26, 2017 2 Comments
Yours truly loves a great deal. And there was a time when I cherry-picked between various banks for top quality services. So, it was credit-cards from some banks, high interest rate FDs from others,some others to hold and manage cash, a fourth to buy bonds,etc. etc. And all this was obviously not just a one-sided deal, as all these banks were happy to upgrade my account and chase me with better offers in their respective areas of strength.
Unfortunately, a couple of years back, service standards started falling and after demonetization, retail banking relationships really nose-dived. A whole lot of banks no longer felt it necessary to serve customers to make a profit but felt they could corral depositor’s money in accounts and discourage withdrawals by means of fees, limits on cash disbursed at ATMs, limits on number of free withdrawals, permanently out-of-order ATMs, increased average quarterly balances etc. Read more of this post
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