Coal – the Biggest Fuel The recent travails of coal companies in the USA due to low natural gas prices has led many people to think that the days of coal are over. However many people are missing the fact that there are massive coal shortages in India and China. These emerging giants depend on […]
HSBC’s Wealth & Personal Banking division Closes India’s largest distributor of Mutual Funds HSBC has closed down its wealth and personal banking division due to growing customer backlash. Note Asset Management Companies in India are poor performers charging very high expense fees. They mainly depend on distributors to sell mutual funds to retail investors who […]
The world’s biggest equity market in USA continues to see massive flow of money out of traditional mutual funds into ETFs as their simplicity, low costs and ease of use has made them the favorite equity investment vehicle for investors. However in India, equity ETFS have yet to catch on despite a number of products […]
I have always said that investing in Indian mutual funds is a dumb idea given the lack of regulation , under performance, high fees and front running and fraud conducted by mutual fund managers. It is best to invest in a good ETF with low fees such as the Nifty Bees ETF which was one […]
Oil 3x ETFs are leveraged Exchange Traded Funds designed to seek daily investment results, before fees and expenses, of 300% of the performance of the benchmark index that they track. In the case of a bear fund, it is 300% of the inverse of the performance. Oil is one of the most important commodities in […]
US Coal Companies are being forced to close coal mines and reduce production because of a massive glut of cheap natural gas and emission standards . Note Coal Disadvantages are much more than that of other fossil fuels making it the dirtiest form of energy. While India and China face massive coal shortages , USA on the other hand faces a glut . Coal has been coming under increasing attact in the West with few new thermal plants being opened and many closed due to tougher pollution standards. Note Clean Coal Technolgies and CCS is being promoted to prolong the use of Coal but they are not getting much traction.