No this story is not about greed. There was a farmer who had a hen that laid golden eggs. The farmer was a bit of a miser. He looked at the hen and thought – all the expense is because of the front side – and all the income is because of the back side. […]
Money is a Coward. When it is scared it Runs away from the place of Crisis. – Ayn Rand in one of her books where she says Money is ONLY for people who respect Freedom and Democracy. It is happening in Europe. Money will run out of Europe. Either from the main door (long lines, […]
if you have read my blog…now you can see and hear me to on Cnbc…was at Guwahati for a shoot…and here is the Train to Wealth – a program sponsored by NSE on Cnbc – Reema Tendulkar’s show… 17th Dec at 4.00 pm(Sat) and repeat on 18th Dec at 4.30 pm (Sunday)
Caveat: Do not take this post seriously. It is utter nonsense. I am just producing this to show you what kind of #$%^(&* goes around – and for somebody who thinks you can retire with US $200…God bless you. This is obviously NOT WHAT I RECOMMEND TO YOU…just to tell you to be careful… http://www.agorafinancial.com/reports/PSF/Blueprint/vp/PSF_RetirementBlueprint3959AR_vpEx1.php?code=MPSFMC00&o=547439&s=551445&u=33693951&l=346674&g=154&r=Milo […]
“Subra, I met this Financial Planner and he has offered to do my financial planning for a fee of Rs. 24,000 – I can afford it, is it worth it?” was a call that I handled this week. I said: Gee, frankly I do not know. It takes a great mind to say “I will […]
The savings bank account is a place where most of us leave a lot of balance. This is more by habit and inaction rather than any design. Traditionally all banks paid interest on the MINIMUM balance – by some stupid definition – of balance between 10th and 30th. It was difficult to calculate the correct […]
One of Taleb’s quotes is ‘never trust an employee’ – I guess it includes commission agents, also. If you are not paying negotiated fees to an adviser, you are paying a pretty high fees in some other form that you cannot see. Here are the case of 2 employees (some coincidence they share a surname). […]