The Golden Rule of Investing is that the Man with the Gold Makes the Rules of Investing. You have to remember this rule – because this article is about REBATING. Rebating is illegal in India – it means if I ask you to invest in a life insurance policy, general insurance policy or a mutual […]
There are a lot of people who do not conform. The sometimes do not do well academically in school, office, either marry late or marry badly, some marry ‘outside’ the community,….there are many non-conformist. To me the non-conformist is an enigma. Dr. Balamurali Krishna (he has all the awards other than the Bharat Ratna) is […]
USA has completely different problems compared to India. The local population just does not save enough. Of course many of them cannot save but just too many of them do not save, but they play lottery. So if you want to make the Americans save, you need to give them lottery tickets for opening a […]
this article on moneycontrol got a lot of good response…almost nobody criticising it. Funnily I feel like what Bheeshma Pithamaha would have felt…everybody comes, takes advise and then does what they want to do… L OL http://wealth.moneycontrol.com/columns/financial-planning/a-letter-to-my-grandson-/14352/0 see all nice comments 🙂 not sure if you guys agree…but rediff.com seems to get the worst people […]
here is an article to support some of us who like to cycle our way around. It is difficult in Mumbai, agreed, but many examples like Mulund -Andheri, Andheri-Powai …are difficult places – but people are doing it. http://getahead.rediff.com/report/2010/jun/09/bicycling-a-new-lifestyle-choice-for-young-successful-indians.htm
Here is one more story on attitude towards money. A few days ago I attended a function – a sangeet function for a friend’s daughter’s wedding. Here was a gathering of rich people…some rich and showing off, some rich and not showing off. Met an old friend who introduced me to another old friend (Europe […]
Long ago when a good friend of mine was learning the basics of astrology, his father (and teacher) gave him a horoscope and asked him for his opinion. He said “it is a lousy horoscope” – this guy has no marriage, he will never own a house, he will not amass wealth, ….”. His father […]