Retire Rich: Invest Rs. 40 a day is a book written for the young population in the accumulation phase. Now it has completed MORE THAN 5 years in the print format and thanks to all of you has sold about 50k copies. Asking people here….what is missing in that book? I mean if I were […]
Housing is really expensive in Mumbai, and most people cannot afford to buy a house, right? However everybody aspires to buy a house – and this is also undeniable. So how do people go about dreaming about buying a house, and how do they buy a house. Or, do they? What are the obstacles / […]
As a person who has now spent more than 5 decades on the planet and of which 30 years at least thinking, earning, talking, writing, teaching about money, this post is not original. Yes of course it is from what I have read and spoken about money across age groups. The older people feel that […]
Sure Real estate is an awesome investment, and Indians love it. I am sure they are buying tons of property and having a great time. And if the builder is big like Kolte Patil you feel safe. Great….but things can go wrong…like it did for these people… this was made into a nice blog post […]
‘Do not tell a lie to the man whose face you see while shaving’ – is an old English saying. Well, we do. We tell a lot of lies to ourselves, and many of them are likely to impact our finances. Let us see the lies: Retirement is an old age thing, I will worry […]
Of course there is no Real Estate bubble in India. This is what the builders, the govt of India, RBI, the Chairman of the biggest housing finance company / bank all of them tell us. Why do they tell us? Because if suppose property prices fall 40% in Mumbai….what happens to the balance sheets of […]
It was in the year 200x that you took a Rs. 40,00,000 housing loan. Now 5 years later you are very comfortable with the Rs. 40,000 per month EMI that you are paying. You and your wife find that you can easily increase the EMI to Rs. 50,000 without a sweat. Should you increase the […]