First let me clarify there is nothing called a Rs. 1 crore house in Mumbai anymore. If you buy a Rs. 1.5 crore house, it actually works out as follows: Technical cost of the house (today) is really immaterial…your cash flows are as follows: Down payment              Rs. 30 lakhs […]

I have said this many times in my blog and many people may be wondering what it means. Let me explain what is a Rich attitude with some characteristics of a person with Rich attitude: 1. They are ‘Santhust’ or ‘Satiated’ with what they have. 2. Being satisfied with what they have does not mean […]

First of all we all need to understand that the main stream media (msm) only carries advertisements. Some of it you recognise as ads, some which you do not. This Saraswati Pooja let us learn and just not fall to their sales gimmicks. Yesterday / Today / Tomorrow you will receive Real Estate specials – […]

In the Long Run we are all dead or a new CEO will kill us. – Just modifying Lord Keynes’s words. This is likely to be a little long and boring post, so please bear with me. How many of us have been saddled with a bad / terrible life insurance product masquerading as an […]

There are 3 statements of Mahatma Gandhi – which are so unique and really awesome. Sadly not enough has been written about these 3 statements. Choosing your problems  – a brilliant concept and I had written about it earlier – here it is http://www.subramoney.com/2011/02/choosing-your-problems/ I am Rich by the things that I can live without! […]

Hindu Mythology associates all learning with Goddess Saaraswati….read on… Many people know that Saraswathi (Saraswati) is the Goddess of Learning. Learning of course is important. On google you will find a lot of articles which say “what i learnt from Warren Buffet”, “what I learnt from Peter Lynch” or what I learnt from Rakesh Jhunjhunwala” […]

Wealth creation is a much bigger and broader goal than say ‘children’s education funding’ or ‘retirement planning’ – those are sub goals – of course. So every big goal is met by doing a lot of small steps – here are some of those steps. Not saying they are ENOUGH, but saying that it is […]