Here’s the link and it’s good only for the next 20-hours or so. http://bit.ly/iwtypi I recommend that you take an hour off your schedule and watch it. I’m doing that right now.
So, finally, ICICI Bank enables downloading of fixed deposit certificates opened online through net banking, but my delight immediately turns to dejection because I download and open the PDF only to see this — Artificial Intelligence! Seriously!
One of the key takeaways for me from the Art of Non-Conformity was to identify, to the extent possible, the motivation and agenda behind everyday transactions and especially so in virtual ones (such as what’s my motivation and agenda when you read what I write over here). I gave this some introspection and then thought […]
So, here’s some of the “expert” unactionable advise I’ve read of late (in a personal finance magazine) — Markets are receding, but it’s not the time to go bottom fishing. There will be enough opportunities and some! Which opportunities? When? How much? Are you willing to place a bet on your own advice? And I […]
I’ve no idea when I signed-up for earning them, but my debit card is somehow linked to earning Payback-points. Out of the blue, one fine morning, I saw an email that said I had 6,800+ points linked to my Payback-account. Wow! I don’t know for how long the points had accumulated but I must have […]
Here’s an ad that I saw from the “bank that claims to know it all” — Tell me this — would your parents be proud/happy knowing that you’ve taken a personal loan to pay for their vacation? I’m also quite sure that they aren’t going to say “We’re so so proud of you my dear […]
Quietly tucked away at the bottom of my credit card statement was this Cash Back offer from HDFC Bank on their credit cards. I opted for the 1.5% cash back on Apparel and Department Store purchases. Having read the terms and conditions, I think this cash back in on top of any reward points earned […]
Read elsewhere — Risk is typically measured as the variability of returns. Thus, a bank fixed deposit with sure shot 10 percent returns versus a mid-cap stock that could return 30 percent or lose 10 percent have very different risk-return profiles. I also happened to read an interview with the CEO of a life insurance […]
The hidden message being — We managed to fool you all these years under the guile of “Premium Allocation Charges.” No one in this industry knows why there has to be a special charge just to allocate your premium (premium = your hard-earned money). And no one in this industry even wants to know why […]
AMB CHRG INCL ST & CESS FOR JAN 2012. That’s the cryptic transaction wording seen in my HDFC Bank Savings Account for a debit of Rs 386.05. I think I know what this sneaky charge is for — for non-maintenance of some minimum average cash balance in my savings account. HDFC Bank has levied this […]
Travel, travel, and more travel. To California and then to Mumbai. That’s been the theme over the past month. All on official work. Capital Advisor was on auto-pilot for some time and then once the scheduled posts ran out things went a bit quiet since I couldn’t find the time to write. Over the next […]
If you’re following me on facebook or twitter, then you’ve already had a head-start on everybody else on winning the January Book Giveaway. If not, now’s probably a great time to subscribe to Capital Advisor on facebook or twitter. You’ll still have a bit of a head-start.
An excerpt from an interview published in a recent issue of Outlook Money: The biggest challenge for my company [Star Union Dai-ichi] is how to sell Ulips and give good returns to our intermediaries who are our corporate agents. At present, big banks that are giving us distribution business includes Bank of India and seven […]
Mutual funds today provide helpful tools like systematic transfer plans that can help the investors achieve the derisking objective with ease and convenience. Read in the December 14, 2011 issue of Outlook Money. I wonder why they even consider publishing such expert commentary. As an investor, have you ever had a “Derisking objective that you […]
Rs 44,500! Seriously. WTF? If I actually had 44,500 to spare, what I’d do is somehow find another 5,500 and round it up to 50,000. I’d then put this 50,000 in a Fixed Deposit or a Fixed Maturity Plan. At 08% — 10%, that would add another 4,000 — 5,000 each year to my ERE-kitty. […]
Found this really interesting analogy between flying and personal finance on Morningstar (emphasis mine): Let me tell you a story about when I used to be an airline pilot back and in another life. Before 9/11, we could get up and wander back in the cabin and talk to passengers and stretch our legs and […]
Whenever I travel abroad on work, I make it a point to activate International Roaming on my Airtel Postpaid connection. D and I effectively use “missed calls” as a communication mechanism without incurring those exorbitant roaming charges. Before my recent trip to NYC, upon activation, Airtel sent an email that had a couple of key […]
[Follow Capital Advisor on Google+ @ http://gplus.to/vinayahs for short personal finance commentary that you won’t read here.] Look what I found in my email: Greetings from Club Mahindra! We are pleased to inform you that Club Mahindra is offering you an exclusive membership package that includes: 1-week of International Holiday through Dial-an-Exchange 7-days holiday for […]
It’s really not a good sign when you ask for your Amazon.com packages at the front desk and they point you to the luggage cart and ask you to lug it to your room by yourself. I’m well on the road to becoming bankrupt. Thankfully, I’m flying out on Thursday night. Then there’s still that […]