You have heard a lot about Money – and from this blog too! Money brings happiness, Money does not bring happiness, Happiness is a state of mind, …etc. You have also heard from many sources that ‘Money is like salt – it is necessary, but too much and you will puke! Funnily to comment about [...]
at various levels the common man has been told lies. The common man being the common man, he believes the newspapers, the television channels, the experts who come on television, the advisers, the media experts…..and everybody and everyone. Let us see some more of the lies that he/ she believe: 1. India is a socialistic [...]
I love contradicting myself..but this is not contradicting the earlier post…. When a 38 year old says…’My wife is tired of working…and she is quitting her job. She is getting Rs. 32 lakhs as Provident fund, …etc. should I use this amount to pay down my (our) housing loan of Rs. 44 lakhs..my answer is [...]
Thank God I am not an expert on debt. Or of debt repayments for that matter! The caveat first – I hate debt. I hate debt. I hate leverage. I rarely do an Options trade, nor do I ever buy a share in a Futures trade. All assets have been paid and bought. Now let [...]
What do you do if people disagree with you? Get angry, resign to fate, fight, ignore them…well look up the Cognitive disonance….but first read on.. There are some deep beliefs that you cannot question. Let us say the scientists in the world believed that the world is flat. It means many years of research including [...]
If you do not understand the basics of a subject..statistics do not help you. So if you do not understand investing..it becomes easy for the salesman to tell you a story..with numbers.. If you understand cricket you will appreciate the examples: Inzamam Ul haq.. has a better batting average than Sachin Tendulkar in New Zealand. [...]