Blessed with Baby Girl

Easiest Job in India

How much Rs.500/- can buy you these days? Sure, we all know, not even the grocery for a week. But surprisingly you can start a well-reputed business, with that.

Unbelievable. Isn't it?

Yes. Only with Rs.500/- and without any knowledge, you can become ‘AMFI Certified Mutual Fund Agent’. All you have to do is fill up a form with couple of photos and give a very simplistic exam (that too objective). The questions asked in this exam are ridiculously simple. Anybody who knows how to read/write English can pass it after going through its preparation book.
So now, you are all set to advise people, where and how to invest their hard earned money. On top of it you’ll receive very attractive commission. And the best part is, no liability or risk will be passed to you. Scary!!! Isn’t it? Doctor, Engineers, CAs almost everybody needs be graduated from relevant stream. But the people from most important stream, ‘financial management’, can advice anybody recklessly without any knowledge of the subject matter.

He will definitely hide from you:

• How expensive is this fund?
• What is the brokerage cost?
• What is the expense ratio?
  

Try to ask him questions like:

• What is the profile of the fund manager and what’s his track record?
• What is the performance record of the fund?
• Compare that with the equivalent overall market and sector’s performance.
• What are the risks associated with this fund? How are they different from other funds?
• What is the fund size?
• What is the fund’s cash management strategy? (i.e. how much % of funds they hold in cash?)

And if you think he is taking you for ride, switch him off.

Personally, I prefer, to see fund ratings from http://www.valueresearchonline.com/ and then decide where to invest.

So, be careful, the next time you ask for any advice to your mutual fund agent. And till next post, "Happy Investing" with Dilbert :-)

अंदमान ट्रिप च्या टिप्स

तर सगळ्यात महत्वाचं म्हणजे तुमच्याकडे जर फिरायला 6 किंवा जास्त दिवस असतील तरच अंदमान ला जा

इतर टिप्स

• अंदमान पर्यन्त आणी परतीचा प्रवास फक्त विमानानच करा
• overnight travel झाला असला तर पूर्ण आराम करुन मगच site seeing साठी जा
• डासांपासून जपा
• local site seeing साठी अंदमान मधल्या tour agency ची मदत घ्या. आम्ही Paradise tour agency कडून site seeing केलं होतं.
• अंदमान ला sunrise आणी sunset एक दिड तास लवकरच होतो, त्या प्रमाणे site seeing plan होतं।
• हेव्लोक, नील, बारा टांग ही बेटं नक्की बघा. तिथे भरपूर आणी सुंदर beaches आहेत. त्यासाठी ह्या ठिकाणी राहीलात तर सर्व व्यवस्थीत पहाता येइल ।
• बरेचसे doctors आणि hospitals ६ वाजेपर्यंतच उपलब्ध असतात .

Andaman

This is my first blog। I spent long time thinking on which should be my first article. Azure, SDS, VS 2010, Migrations to SharePoint. But then I thought, lets start it with the most interesting topic of mine. Travelling ... :-)

Last month I travelled to Andaman on my Diwali Vacation. That's one of the most awesome place in India. Even today, I close my eyes and just imagine that I'm at that Neel island or elephant beach; far away from crowd, relaxing on the golden sand and taking a look the crystal clear water. Even those memories refreshes me entirely.
Andaman is one of the, "must see before you die" places. Will cover more on what to see and how to make best of your trip in next blog.