Her approach has garnered a lot of attention, donating directly to the recipients from her own personal wealth, rather than through a foundation in her own name. It means that while 100% of the money she gives away will go to the target organizations, the impact of this largesse is questionable—$1.7 billion makes a big splash like rocks thrown in a pond, but the ripples rapidly dissipate with little discernible change. What she is practicing is charity and patronage, not philanthropy. … [Read more...] about The best philanthropy takes the biggest risks
High return low risk investments
Physical gold: Buying jewellery and gold coins is still one of the most popular modes of investing in gold. But holding gold in physical forms comes with two main disadvantages. Apart from the additional cost incurred for safekeeping, buying physical gold also comes with purity-related concerns. Additionally, one may also face challenges in accessing physical gold stored in bank lockers or selling it during a political turmoil or natural disaster. … [Read more...] about What’s the best way to invest in gold now?
The key drivers for the market are the flood of global liquidity, near-zero interest rates and massive fiscal stimulus in the developed world. The way markets and all asset classes have moved up in the past 3 months, it is clear that markets are expecting a continuation of these policies. With such liquidity flooding markets, it gives us the luxury to look beyond the immediate future i.e. FY21 and focus beyond i.e. FY22. If the economy recovers back next year, then profit growth will be sharp and valuations based on expected FY22 earnings may be justified to some extent. … [Read more...] about DAILY VOICE: Valuations of largecaps & polarization of market into top 10-20 stocks are biggest risks, says Mihir Vora of Max Life
This had already triggered a direct trade war between the United States and China. Now, with the US emerging as the worst victim of COVID-19, and with the US presidential elections nearby, US President Donald Trump has issued a spate of executive orders slapping sanctions, new trade barriers, travel advisories and name-calling tweets leading to various knee-jerk reactions with varying possibilities. … [Read more...] about Supply Chain Resilience Initiative | There’s no escaping China’s growing centrality
"This will put more money in the hands of the borrower. The increase in LTV Ratio will help us to grow the book. While this move will help broaden the gold loan market, we will also witness an increased competition in this segment. Lenders will need to ensure that their valuation and risk management processes remain tight and robust," he added. … [Read more...] about Increase in LTV ratio negative for gold loan financing firms, but good for banks: Experts