POWER OF COMPOUNDING…
HERE is a story in marathi…on the power of compounding! http://onlinenews1.lokmat.com/php/detailedsuppliment.php?id=Oxygen-57-1-21-01-2011-7228b&ndate=2011-01-21&editionname=oxygen
Category: Financial education
You deserve to be cheated?
Babar Zaidi is a soft spoken nice person who rarely hits very hard – even in extreme provocation. However he has written an article saying ‘You deserve to be cheated’ in ET Wealth…a good read. I thought writing things like ‘You deserve to be cheated’ is my prerogative…but now I have competition. In life you […]
Gautam Gambhir and IPL auction!
If you are cricket fan (even if you are not!) you would have seen Gautam Gambhir being paid Rs. 11 crores + and some other numbers like: Yusuf Pathan: 2.1 Million Dollars, Saurabh Tiwary 1.6 M $, Robin Uthappa, Kevin Peterson, Dumminy, Dravid, Brett Lee…all being paid millions of rupees, if not millions of dollars. […]
Financial services means what?
For many people doing their MBAs and CA there is always a challenge in defining financial services. Let us see what all financial services includes in India (as of now). Well it includes the following: Banking Life Insurance General Insurance Capital Market Services Mutual fund Leasing Hire Purchase Securitization Credit Rating Venture Capital Factoring Services […]
Medical care expenses…you need insurance cover!
Recently, a friend of mine wrote a cheque for Rs 14,45,000, the sum total of the hospital and care bill for his father. And this amount was spent in less than six months. At least, this friend works in a great company has a great salary, and a very, very high savings (and investment) rate. […]
Financial Learning..
Most business people pay lip service to education and training. If you are a business man and know your business well you still need to learn about money. You need to be updated about HR. What about logistics? – really the works. Ask a group of business people if they’d be willing to attend a […]
Create your financial plan like this!
Make that first investment; waiting is costing you a bomb! After every lecture on financial planning, I get many requests for information from, young people just starting out in life. Regardless of their age, people do realize that a little upfront planning and action can put them ahead of the game. Therefore, here is what […]