Saving A/C

Don't put money in your saving a/c. Saving a/c earns interest of only 3.5% per annum. Rather go for some flexi account which put the extra money in Fixed Deposit which fetch you higher interest. Moreover, the money is automatically credited to your account whenever your account is running short of money. No pain only gain. So go for it.

How investment banks work?

Theory says that markets are efficient but Investment banker says that they are not. It is strange that in US, market index has beaten the analyst on average, I wonder why still people invest with fund managers.