DhritimanM

                                                     Variable rate vs fixed rate   Just a thought    This variable rate concept in everything is just everywhere, I think few decades ago, as business was slow, I think hotels were used to be fixed rate, customer comes books room and stays in fixed rate, Now a days in this online world as demand increases, hotels extract more and more money from clients specially during holiday season. and everyday price keeps changing to increasing according to demand. Same with Airline industry. Luckily it is not the case with most restaurants, still some restaurants do come up with holiday menu only- with increase combined process with 2-3 course items.  some keep a la carte menu,some don't or not willing to give. like wise due to huge size of home loan, and interest rate , banks have variable and fixed interest rate , its depends on customers knowledge as per the interest rate cycle going up or down to take the variable rate or fixed rate, again

                                                                    AUM vs MUM   Just a thought  Mutual fund industry charges expenses fees 2-3% to 0.05-0.50% for AUM -Asset under management, Industry should name it as fees for Money under management, to go to the exact details of the fees for a lay man/ client. As in general a customer don't know how the how is invested, where it is invested, which sector it is invested what is small cap/ large cap/midcap , what is paper gold/silver, what is commodity sector/ energy sector, what is junk bond or gilt bond, term , maturity, A lay man is doing their hard work-day job and give money to expert manager to invest only to get higher amount of money in future. So it is just money in and money out. why to understand what asset what liability. if it becomes MUM, it will be easy to understand and simple to understand, how much money -in minus fees and return higher money after 1-2-3 decades.