Comments on: A Primer on Investing for Karachiites

By: Dee

Dee — Wed, 14 Nov 2007 14:15:05 +0000

@Ali Jafri…….> 20-30% return on mutual funds per anum?, Holy molly.I so want to invest in those mutual funds.Please do let us know little bit more.The portfolio i have its based upon my preference for medium risk and thus low rate of return as compared to other options.
Dee

By: Nouman

Nouman — Wed, 14 Nov 2007 13:32:53 +0000

Yes admittedly , being in an entirely different trade my knowledge about Business is literally zilch ….

So if this scheme by Standard Chartered is a mutual fund , it is dependent on Stock Market therefore the return is a hypthetical possibility….how can they then claim that figure will be awarded …….

20-30 % yield on mutual funds in Pakistan??????!!! is that based on information gathered by insider trading and tips from the board room?

By: Ali Jafri

Ali Jafri — Wed, 14 Nov 2007 11:29:46 +0000

For all of you who wants to invest, please read carefully the Definiton of a Busines and Businessman and pls focus on risk factor, and my friend Noum (is it a name ?) anyways whatever please grow up Karachi Stock Exhchange is not only for Memon’s and Chiniotis,its just they never thought that it was reserved for some specific cast, anyways you people can start investeing in mutal funds and let me add the information Mutual Funds are also depenedend on Stock Market but you can easily get 20% to 30% return at the end of the year.

By: Nou

Nou — Tue, 13 Nov 2007 19:05:29 +0000

Like always devil lies in the details…everythinhg about the above mentioned scheme seems very eyecatching but the last few paragraphs are very very alarming.

Basically it seems that these are glorified mutual funds and the bank wants to say…does it mean that after we are sorry we can not give that much money ….we have squamdered it our worker’s salaries.

Jagtay rahna ….., mairay aasaray main mut rahna

By: llama

llama — Tue, 13 Nov 2007 14:50:36 +0000

@Khurram:

we’re thinking of investing in standard chartered’s Taleem fund for our child. Any suggestions on it?

http://www.standardchartered.com/pk/cb/insurance/ins_taleem.html

By: Noum

Noum — Tue, 13 Nov 2007 14:08:46 +0000

No offense…..but have you EVER seen anyone ( apart from memon and dhedis) making any money out of KSE.

JP Morgan may say all that she wishes but KSE is perhaps world’s most rigged Stock Exchange. Insider Trading is the NORM ….its all a big swindle …..the odds are always in favour of teh house…….have you ever seen any Stock Exchange which manages to loose its ENTIRE trading record ( due to a computer glitch) when SCE commission came looking for people who had blood on their hands for the last years carnage on the floor.

My humble suggestion…for enterpreneurs and new comers….before deciding what to do , one MUST learn what NOT TO DO in the jungle called Karachi.

By: Ali Jafri

Ali Jafri — Tue, 13 Nov 2007 12:49:22 +0000

Try Karachi Stock Exchange, a few days ago even JP Morgan releated the report that Karachi Stock Exchange is the best place to invest, for all of those who are affraid of KSE, what i recommand is http://www.kse.com.pk from 9:45 am PST to 2:30 PM PST start observing it, focus should be on limited shares, watch CNBC and i am sure it will make you through and just to give you the idea focus on Cement Sector, Fertilizer, OiL and Gas Division and my personal Advice start monitoring Packages ltd share even if you are not interested in planning to buy just observe it for next few months and see what happens.

By: TT

TT — Tue, 13 Nov 2007 10:36:31 +0000

@jamal shamsi

“Money is safe as all properties are under State owned property management board who ensure schedule completion or else payment of delayed charges as per rental law of UAE….”

dude, who told u all this?? almost every current project is late and behind schedule and there is nothing any investor can do but to wait for it to complete as all the firms govt owned!

there is no payment for delayed charges as per UAE rental law!!!!!!!!!

who told you that??

By: TT

TT — Tue, 13 Nov 2007 10:35:14 +0000

@jamal shamsi

“Money is safe as all properties are under State owned property management board who ensure schedule completion or else payment of delayed charges as per rental law of UAE….”

dude, who told u all this?? almost every current every project is late and behind schedule and there is nothing any investor can do but to wait for it to coplete.

there is no payment for delayed charges as per UAE rental law!!!!!!!!!

who told you that??

By: IOHoihholkhkl

IOHoihholkhkl — Tue, 13 Nov 2007 10:03:39 +0000

My sympathies…I guess you too had actually believed what the media hype and accountants wanted you to believe.

If I had my way I would make advertisers and PR consultants swear on their own mothers before vouching on anything and still do the opposite.Because these two sectors would defy their existence if they ever happened to be factually correct.