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Liquid Funds + USTBs Vs. FDs

July 10, 2011 3 Comments

Here is a video laying out the pros and cons of investing in liquid and liquid plus funds vs FDs.Where you invest will depend on the guarantees you seek,the amount you wish to deposit,the interest rate scenario in future,prevailing interest rates,tax liabilities,the use you wish to put your cash to in future etc.Do watch the video before you decide either way.

Personally I have found that sometimes you get short term FDs that offer better rates for senior citizens than the mutual funds.And the most important takeaway from the video is that FDs can be used to lock in high rates in a falling interest rate scenario.

Filed under Paper Assets, Theory, Tool Kit Tagged with capital guarantee, falling interest rate scenario, FD, Interest Rate, interest rate scenario, liquid fund, liquid plus, lock in interest rates, postaday2011, RandomBlog2011, short term FDs, tax liabilities, ultra short term bond funds, video

Rakesh Jhunjhunwala on ET NOW

June 19, 2011 2 Comments

This is a video of a short interview of Rakesh Jhunjhunwala aired on ET NOW.I caught it on TV earlier this week.I thought of putting it up here for the actionable information it contains.So Gook Luck! But do remember not to be too greedy as even the legends can be wrong.

Filed under Paper Assets Tagged with bearish, bullish, Delta Corp, equities, ET NOW, Indian Markets, Inflation, interview, Investor, Lupin, Nifty, Nifty50, postaday2011, Rakesh Jhunjhunwala, RandomBlog2011, sensex, share investing, shares, stock, Titan Industries, trader, video

The Ascent of Money

June 19, 2011 1 Comment

wealthymatters.com The Ascent of Money by Niall Ferguson is a fantastic book.I was drawn to read it after watching the TV series based on the book and I have no regrets.It’s time and money well spent.

The book describes how banks, joint stock stock companies, bond markets, insurance companies, etc. originated at different places, at different points in time, in response to specific needs .While I was reading the book I had many aha moments and I heartily recommend the book to anyone who wishes to understand our modern financial world better.

Prof.Ferguson also tells the fascinating stories of how time and again with every financial innovation there have been abuses and excesses.These stories are great to remind us that neither good nor bad times last forever,that frauds and scams are par for the course and that no financial crisis is the end of the world though it might end the world as we know it. Read more of this post