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Stock Market & Monkeys!

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Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs. 10.

The villagers seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands of monkeys at Rs. 10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy for Rs. 20. This renewed the efforts of the villagers and they started catching monkeys again.

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Mr. Gerard Colaco’s Insights & Wisdom

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Mr. Gerard Colaco: Some time back you had sent me a consultation paper on minimum common standards for financial advisers and financial education. A committee on investor awareness and protection had been constituted by the Government of India to go into this subject. I just finished reading the paper, because I had quite a huge reading backlog.

The report is unlike the most other reports, because it is well written. But the contents of the report are nothing new and efforts in this area have been made even in the advanced countries, without much success.

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Mr. Gerard Colaco’s Insights & Wisdom

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Question: The Husband & Wife both would like to invest monthly Rs. 10,000/- each in Equity Mutual Fund Schemes through Systematic Investment Plan (SIP) investment strategy. I have advised both of them to Rs. 2,000/- per month into the following five mutual fund schemes as recommended by you. The following are the five recommended mutual fund schemes for your kind notice;

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Mr. Gerard Colaco’s Insights & Wisdom

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Question: Housing is an important step in Personal Financial Planning, and for those who can block the money for at least 10 years, real estate is a good investment. So taking into consideration of needs and returns of investors, can we expect some excellent insights about real estate from you?

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