What are the options that a person has when he/ she chooses to invest in a debt instrument? Well the choices are: 1. Bank fixed deposits: requires very little explanation. 2. Company fixed deposits not a big range of companies available, but a good option. 3. Company Bonds: Right from Tata to Sriram and […]
This is not a post about running, but even in the running space, this holds true… There is a very popular note by Dr. Philip Maffetone who says teaching your body to run slowly – and burn fat is more important. So in the long run (since you have more fat deposits in your body) […]
I found a 78 year old man with a very strong balance sheet, but poor P&L account! What does it mean? Well he had a lot of assets – a nice big house which he was not using much, equities, bonds, and of course cash. Life long if you (and me) are brought up saying […]
Hey the US markets were booming in 2007 and it is booming again in 2013. Is there a take away? Is the 2013 boom the same as 2007? is there a learning to be had from the previous time? Well 2008 – the bad news about Europe was surely not in the price. The other […]
Not sure why the number 10. Actually these are poor habits that keep you from getting rich. These are spending sins that I plan to cover here – will cover the saving / investing ones separately. So here we go: 1. Using credit cards or debit cards: the card has become such an important part […]
I have no clue whether I am good at writing, but I am poor in excel. I have no doubt about that. So when I have a nice calculator idea I had to sit with one of the kids in our office and TEACH personal finance. Sure they have created personal finance trackers, variable […]
Read an amazing article on 10 March in a national pink daily on Term Insurance with Return of Premium. ROP as it is called. The author had argued that a Term ROP should not be bought because it is more expensive than the pure Term insurance and hence it should not be bought. This is […]