Month: January 2013
Below are all the posts archived for the month.
Should you break a fixed deposit to buy a debt mutual fund?
in Fixed Deposits
I have missed a lot of Suggest a Topic comments in the past month or so and I’m going to try and address all of them in the next few days. The first one is from Colin that talks about breaking a fixed deposit and getting into a debt mutual fund. Here is the comment
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Answers to 5 questions about the Repo and Reverse Repo Rate
in Economy
The RBI released its Quarterly Review of Monetary Policy today, and brought down the Repo and Reverse Repo rate to 7.75% and 6.75% respectively effective immediately. Monetary policy is what’s used by the central bank to influence the supply of money and rate of interest in the economy. RBI announces its monetary policy every quarter,
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CIBIL Contest Winners
in Announcements
I’m delighted to announce the CIBIL contest winners today. This contest had the most participants that we’ve ever had, and it’s great to see that there is so much awareness among readers about the need and use of a credit score. CIBIL had sent me the name of these three winners earlier today, and they
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Mutual Funds eligible for RGESS Investments
in Investments
I wrote about the SBI RGESS fund and IDBI RGESS fund some time ago, and one thing that I wasn’t clear about is whether existing funds that satisfy the RGESS criteria will make their investors eligible for deduction or if there is any condition that prevents them from being eligible. Nothing I read said they
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Hedgies argue to translate If but end up sorting socks
in Links
A quick word about the CIBIL contest before we move on to the links, I have forwarded the participant list to CIBIL and we should be in a position to announce the winners by Wednesday next week. On to the links now, CNBC US hit gold today when two billionaire hedge fund managers fought with
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5 ways to get share investing ideas
in Investments
Harinee asked me to share some thoughts on analyzing stocks, and I told her that my ideas would probably disappoint her because they are so simple but in any case, I’m writing some thoughts on the first step of investing which is akin to generating leads or just finding out which stocks should be researched
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Forum is live again
in Announcements
We used to have a forum here about a year ago and then I got rid of it because of incessant spam which got totally out of control. A lot of you have asked for the forum since then and we have put it back live again. The link can be found on the top
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Gold duty raised to 6% and plans to free gold ETF assets
in Economy
The government announced its plan to raise duty on gold from 4% to 6% today, and the worry about our current account deficit is the reason behind this increase. India imported gold worth $38 billion till December last year, and this is foreign reserve that went out of the country. By increasing the duty on gold,
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Is this the right time to enter or exit mutual funds?
in Opinion
Sanjay posted the following comment a few days ago, and I’ll try to pen down some thoughts that I have on this. Sanjay January 17, 2013 at 1:26 pm [edit] Is this the right time to enter or exit Mutual Funds? Given that the market is at a two-year high, what should be one’s approach to Mutual
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Thank you for participating in the CIBIL contest and participant list
in Announcements
Thank you for participating in the CIBIL contest which is now over. I have created this list of participants that I will give CIBIL and they will declare the winner shortly. Please go through it and let me know if you posted a comment and I missed you. If you simply emailed me then that
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