Category : Finance

How To Check If Your PAN card is Active or Not

You must have recently read in the news that the more than 11 lakh (1.1 million) PAN cards were cancelled because of evidence that people were holding multiple PAN numbers. It is illegal for any person to hold multiple PAN numbers and anyone doing the same can be fined Rs 10000 under section 272B of

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Losing the Losers Game – PFP Wealth Management

“The  first  panacea  for  a  mismanaged  nation  is  inflation  of  the  currency;  the  second  is  war.  Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” – Ernest Hemingway. “Recovery in sight, says departing Bank of England governor Mervyn King..” – The Daily Telegraph. In

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Why We Think We’re Better Investors Than We Are

From their earliest days, the loosely confederated research efforts that came to be known as behavioral economics spawned a large quantity of studies centered on securities investment. This was not because the field’s pioneers were especially interested in stocks and bonds, nor was the early research commonly underwritten by financial services firms. Rather, the hive

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Show Me The Money – Bill Gross

“School days” inexorably continue at the Gross household, not just because of grandchildren, but because of the necessity to teach my own kids the complexities and pitfalls of investing. As I get older, I fear I may unduly introduce them to a 1930s Will Rogers warning about losing money: “I’m not so much concerned about

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Six Impossible Things Before Breakfast – GMO White Paper

I believe the markets are behaving like the White Queen. In order to make sense of today’s pricing, you need to believe in six impossible (okay, I’ll admit some of them are just very improbable as opposed to impossible) things. 1. Secular stagnation is permanent and rates will stay low forever. As we have argued

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Blood on the street

Finally after a lot of dithering, the global markets caught the sub-prime flu and what a crash it was. India was the worst performing market today. Almost 1400 points (7%) down in a single day. None of the stocks were spared. Every sector was in the red. Now is the time for bargain hunting. Whoopie.

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