Recent content by milind

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    Rs 500 and 1000 Currency Notes Abolished

    Demonitization can happen again after 3/4 years...post 2019 elections...it is not so difficult ..you only need "guts" to do it..since you are hurting all "criminals" "naxals" .."rich and elite" et etc...and also may be party funding.... yeah 2000 note can be duplicated after some time...
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    Rs 500 and 1000 Currency Notes Abolished

    Well there may be that multple accounts in a family but only 1 card (say husband,wife, and son daughter are working and have accounts but onlly husband/head has card for withdrawals) When they start getting salaries even "dehadi" (daily) earnings into account..they will have to use it...just...
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    Rs 500 and 1000 Currency Notes Abolished

    Raghu Exit in Sept now more clear I think there was at least 5% mistrust about Raghu (leaning towards Cong and foreign bankers etc) ,,,and to keep such a mamoth "demonitisation" program a secret...they let him go..before execution of the program and brought in Urjit Patel.
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    Rs 500 and 1000 Currency Notes Abolished

    Illeterate & irresponsible comments All Jan Dhan account holders get free RUPAY debit cards. It took USA more than 3 years to get Swiss account details of those funding terror....well India will take less time.... If there is a will there is always a way.....before Nov 8 if anyone had told...
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    Rs 500 and 1000 Currency Notes Abolished

    Surgery the only solution..amputation!! P-notes and penny stocks surgery is coming very very soon.... Nationalization of Benami properties ..already announced.today.. Gold Sales monitoring ..max 2L only... These will be an attack on Tier II and Tier III corrupt people...at least 40%... What...
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    Rs 500 and 1000 Currency Notes Abolished

    More Excuses..... Most people want to continue handling cash solely to avoid "taxes"...... Maids are illeterate...even with thumb impressions you can open the account.... ,,,most maids in urban area are on whatsapp Senior Citizens dont know how to use debit cards or dont have them or dont use...
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    Rs 500 and 1000 Currency Notes Abolished

    Excuses ,,,Negative Attitute.. Most people criticizing the move just don't want the old corrupt systems to go. Excuses small traders/rural folks have to do cash transactions...BIG EXCUSE - Penetration of mobiles in rural is more that 70%.. - Anyone can open Jan dhan account - so what you need...
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    Rs 500 and 1000 Currency Notes Abolished

    Great step.......RESET, Reboot button pressed to the persistent hanging of the economy....!!! No way out for money changers also....all deposit above 2L will be checked for corresponding income...else 200% penalty..+ TAX....plus constant monitoring the end of life of the person by IT dept...
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    PNB Housing Finance IPO

    PNB...the worst choice PNB should be last option ever to invest and that too in IPO, it will be better to invest in other NBFCs PNB- worst customer service ..and brand building -Never ever seen their advertisement in paper or tv in last 10 years - Did an FD...they still use plastic tape on...
  10. M

    Investing for Next 9 Years

    Still need more clarifications: 1. Which studies you are planning ..what are the current fees... add inflation of at least 10% per year till the year when your son will take admission.. If the exact studies is not planned what is the target amount you plan after 9 years,,the balance can be...
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    Trade Stocks for Free

    I opened account in zerodha couple of months back.... It is good with nice user interface...absolutely no brokerage on delivery based..and rs 20 per lot for options... The only drawback I found is that to withdraw money it takes 1/2 days i.e it is not as seamless as say icici direct.. I am...
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    ICICI Prudential Life Insurance Company IPO

    Expert Analysis === "Paid Analysis" .....like doctors are paid by pharma companies to recommend their medicines....the so called analysts are "paid in many forms (3W),,,to recommend" No wonder many people call media as "presstitutes" !!
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    Dewan Housing Finance Corporation- NCD Issue - August 2016

    Interest will remain the same all throughout the period..that's fine.... But, anyone who applied during the issue launch has lost money... For e,g : Case 1 :IPO time ,,,face value is 1000/- date 1st August 2016. Case 2: Now the same ncd bought from secondary market is available at Rs 980/-...
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    Fixed Income Investment for Very Old Parents

    Risks for all fixed income investments level 1 Late/Delay payment of interest - level 2 Less payment of interest/less returns (Debt MF) level 3 Default in payment of interest. level 4 Default in payment of principal....company goes kaput...mostly happens in corporate FD/NCD For Senior...
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    Dewan Housing Finance Corporation- NCD Issue - August 2016

    Most series of this (heavily advertised!! ) issue are being quoted below issue price in secondary market...so technically speaking people who applied when the issue was launched have lost money...!! Moral: One can lose money even in Fixed Income even of "AAA" rated issues.
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