Tweets on 2007-11-01

by Vinaya HS on November 1, 2007

in Finance

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  • Simplicity — in a world full of unwanted complexity — is a theme I have been exploring from the past couple of months. Trent, over at The Simple Dollar, makes a great statement with respect to investment philosophy:

    The simpler you make your investments, the better.

    What do you think? Anyone bought into ULIPs (Unit Linked Insurance Plans) lately? If yes, do you understand its fundamentals? In my opinion, ULIPs are right up there with sub-prime mortgage-backed CDOs (collateralized debt obligations) as Investments of Mass Destruction!

  • The DNC initiative seems to be a serious one if it requires this notification from RBI.

    Incidentally, TRAI has advised us that the pace of registration of DSAs/DMAs engaged by banks with DoT is very slow. Banks are therefore advised to ensure that all DSAs/DMAs engaged by them register themselves with DoT as telemarketers at the earliest.




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