Today it is very easy to live beyond ones’ means. If you take any magazine you will find about 15 advertisements – of this about 14 will extol you to live beyond your means. If you can afford a Ford Ikon, they will urge you to buy a Honda City. If you can buy […]
Your daughter earns Rs. 44,612 per month as take home salary. You were initially very happy and proud about this. Then 3 months passed, you got her passbook updated, and noticed that she had a balance of 29, 643. You thought it was about Rs. 100,000 short 🙂 What happened? Well there was a phone, […]
When it comes to saving and investing, people are obsessed with the returns they’re going to get on their money. Whether it’s debating the merits of a particular investment strategy, discussing the pros and cons of insurance, pensions and mutual funds (or increasingly unit linked plans) or simply searching for the best interest rate on […]
People end up asking me some very basic debt market questions too…so here is an attempt to help them…if they do not know the basics Continuing the debt class, have you ever wondered what assets can you invest in to meet your debt requirement? Well there are many – and most of them you know […]
I have always been of the firm opinion that it is easier to understand stats or maths applications than to understand business. Or did I contradict myself? Well, well, if you did not understand cricket BUT understood statistics you will come to 2 WRONG conclusions based on YOUR understanding of maths and stats. 1. Inzamam […]
So here we are on 17th June, 2013….wondering what to do in the markets? Well, well God yesterday was father’s day, help me God!! So, what’s a stock market investor’s best response to dropping stock prices? First, forget about rationalizing and explaining (or listening to other people explain) why stocks are falling. It’s a […]
Many things in life are better achieved slowly if you want the gain to be permanent! Does this remind you of another boring task – the process of losing weight? If so, welcome! Investing and money management is a lot like eating. So is losing debt like dieting? maybe…maybe not. Is getting out of […]