Most people who talk to me are worried about 3-4 things in Retirement. Nobody seems to be worried about death – death is perhaps welcome once their ‘responsibilities’ are over. What worries them about retirement: a) Will we out live our corpus: apart from usage assets (assets that are held for usage, not appreciation or […]
Most people are generally under the impression that the Government of India (actually the party in power) misuses the psu money and that is bad. True, well almost. HOWEVER, please note that some advantages that the psu undertakings enjoy should not be ignored. For a very long time you could pay your advance tax ONLY […]
My take on why we do not manage our OWN finances well: there are many things in our lives which are in the ‘to do’ list. And largely we can classify them as follows: Habit must do: brush your teeth, make your bed, take bath, – not terribly exciting, but we do. Pain must do: […]
We all know, that we should: a) start young b) save / invest regularly c) use the power of compounding… etc. BUT we do not do it…surely not in our 20s, and maybe 30s… WHY, like your answers please! do not want to give options and ‘direct’ your thoughts…just asking an open ended question…thanks
you build up a company, then you want to sell the company. who do you go to? a big Investment / Merchant banker? For him you are small change (obviously with million dollar bonuses, if your fees is ONLY 5 million dollars..) In Indian conditions, it must be worse of course. read on how YOU […]
Is writing a cheque for an ‘n’ amount the only way to do charity? If not the only, is it the best? Actually the answer to both the questions is NO. There are many, many ways to do charity. For example it is easy for me to write a cheque to ‘Isha’ or ‘Akshayapatra’ – […]
When I say banking, I mean banking, broking, mutual funds, insurance, software companies in the BFSI space. So let us revisit the laws: 1. Golden Rule of Life: He who has the gold makes the rules. If your name is Diamond, even better. 2. Salaries are NOT decided by demand and supply: It is […]