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Month: January 2010

Mutual Fund NAVs – Ignore Them!

Mutual Fund NAVs – Ignore Them!

Mutual Fund NAVs are often confused by new as well as old investors. Mutual Fund Agent to Client: “The New Fund Offer (NFO) is priced at Rs. 10/-. It is Cheap! Buy! Buy! Buy!” Mutual Fund Investor: “Is it advisable to buy mutual funds with a high NAV?” “Mutual Fund ABC has a high NAV of around Rs 423. Is it a better option? How much more can this go up?” “What is the maximum value to which a NAV…

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SMS SPAM Manager

SMS SPAM Manager

I receive a ton of SPAM via SMS. It reached a stage where I cringed whenever I heard the new message tone play. I had to clean up my SMS Inbox on daily, deleting anything between 10 to 20 SPAM message every day. I finally decided to do something about it. A Google search threw up a couple of possibilities and I finally selected SMS SPAM Manager by Melon Mobile. I use a Sony Ericsson P1i running Symbian UIQ3. Ah!…

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Web Site for Steel & Mines Complex

Web Site for Steel & Mines Complex

I am now an Associate Member of the Steel & Mines Employees Complex Welfare Association. This body looks after the Steel & Mines Complex where I stay. I don’t own a flat in the complex but have lived there since July 1998. As a tenant I cannot hold any other office in the association’s Executive Committee for which elections were held in late December 2009. Anyway, I attended my first meeting of the executive committee on Saturday, Jan 2, 2010,…

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