The word reverse split is used in 2 contexts – one in the running parlance and one in the stock exchange / equity market parlance. In the running parlance it means running the second portion of the race FASTER than the FIRST portion. For example if you run 6 km in the first half an […]
A thing looks expensive or inexpensive, healthy or unhealthy, good or bad – depends on the lens through which you look. Just change the lens from short term to long term lens, clarity comes on its own. Take a sweet for example. For the short term (30 seconds on the lips/tongue) it looks great, but […]
if you opened a bank account and the bank said ‘you have to keep an average quarterly balance of Rs. 5000’ please ask them what it means. In many banks this AQB means all your balances across savings, current, fixed deposits,…are all considered while this amount is calculated. Recently one senior citizen who had opened […]
I did a lot of trainings for a big PSU bank. Entering a training room was no great pleasure, but it was work! In a class of 50 people, about 42 would be present. On the second day about 37 would be present. However this 37 would include 8 who were not there on […]
From all my posts if you have come to the conclusion that I am against PSU companies, you may not be very wrong. Are the employees in these companies to be blamed for their plight? Yes and No. I have known extremely committed and well meaning PSU employees. I used to know a person in […]
When I say ‘Retire’ just too many people think it means old age. Sorry wrong understanding. Retirement, let us redefine. Retirement is when you can do what you WANT, not what you MUST. You do not HAVE to earn to pay off the EMI. Or for paying for the kid’s education or marriage. Thus retirement […]
Many of my posts have been saying why one should not buy LiC policies, let me tell you the exact / specific reasons why, and I have these views for the past umpteen years, even pre 2001, when you had NO CHOICE: 1) LiC policies like classic endowment are opaque (this is actually true for […]