Debashis Basu: Managing or destroying wealth?
On March 14, a day before World Consumer Rights Day, the Hongkong and Shanghai Banking Corporation (HSBC) settled one of the most celebrated cases of gross mis-selling in recent times, involving singer and actress Suchitra Krishnamoorthi. Ms Krishnamoorthi was HSBC's...
read moreUS NRIs-only 5% Penalty for overseas undeclared income and assets
Dear Friends, Good wishes. The Internal Revenue Service (IRS) had taken the initiatives for declaration of overseas undisclosed income and financial assets of US tax residents by introducing Offshore-Voluntary Disclosure Initiatives (OVDI) in the year 2009 and 2011...
read moreThe Excellent Investment Advisor
An Extract from THE EXCELLENT INVESTMENT ADVISOR by NICK MURRAY 1) I believe that the fundamental investment risk is not losing one's money, but outliving it. Risk has changed because life has changed. People are looking at upwards of 30 Years of retirement and in 30...
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