The IIFL NCD (non-convertible debenture) issue has opened already on 5 September 2012. I have written about it in an earlier article. Shriram City Union Finance NCD opens on 12 September 2012. Religare Finvest NCD and Muthoot Finance NCD are expected to open for subscription soon. All of them are NCDs issued by NBFCs (non-banking […]
Are you an investor or a speculator – Benjamin Graham
Investment operation and speculation Benjamin Graham one of the gurus of investing famously said: “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” Many of us say we “invest” in the stock market. Or we have “invested” in a NCD […]