These are some wealth observations – learnt from observing, copying, reading, experiencing,….the following learnings are worth reading about: 1. High Income does not always translate to higher wealth: Unless you create income creating assets which grow at a rate greater than inflation, you cannot get wealthy. Simple Income has to be spent and then used […]
Iceland is a remarkable success story – by going against the advise of some ‘smart’ bankers like the American bankers. There is a brilliant article in Bloomberg (so those who have access to Bloomberg please read ‘Iceland Resurfaces, by Yalman Onaran) -it is there in the printed version also with a brilliant photograph by Tom […]
Helping is a topic with which I have struggled at a philosophical level. It is easy to ‘help’ and say ‘I do not expect anything in return, but somewhere it hurts’ – a friend recently told me. Difficult to agree and difficult to disagree! If you do help somebody be clear why you are doing […]
So! You have a student loan, do you? So many kids – aged 23-26 today have a serious problem on their hands -they have a degree which is not bankable, they have a loan taken to get that degree, and they have no place to stay in a Metro! Vow! Welcome to the American lifestyle. […]
‘Get a good degree, get a job in a government organisation, the government itself or in a psu bank.’ Universally brilliant advise to all girls from mothers. Alas, no longer accurate or correct. Thanks to my friends, colleagues, family…I do not know too many people in the government, psus, etc. I know only 4-5 with […]
When you speak to a CXO level of person there are somethings you do not want to hear: – You know our systems, na….this is how it works! – Oh! this is just a small error – it is not symptomatic. – I know it is wrong…but everybody in our industry is doing it. Yuck. […]
there are many lessons for the retail investor from the budget: 1. It is a very important event if you are running a blog, website, channel, magazine, newspaper. It allows you to have a lot of chance for creating content. 2. No impact on the common man from an investing or tax planning point of […]