Sorry Mr. Tagore I have taken some liberty with your poem…. Where the mind is without fear and the head is held high Mumbai and perhaps whole of Maharashtra will be closed on Sun and Monday because one Ex head of a local political party died. Where knowledge is free Knowledge is free, degrees are […]

  I have posted a similar piece long ago…and thought it worth repeating…with some minor alterations… Some time ago I got a mail saying “Insurance is a waste of money. I am 62 and never needed it”. It is such an amazingly stupid statement I could not believe it. ‘I’ have not needed it does […]

TO MAKE MONEY it is necessary that there be a gap between perception and reality. If everybody thinks that a particular event will happen and that event does not happen – the minority makes money. Similarly if everybody thinks (knows!!) that real estate and gold are the best assets, AND if this turns out to […]

When people invest their money they are more or less forced to do an asset allocation. This could have been historical, deliberate or accidental. I see people with one house (in which they are living), some equity investments, some mutual funds, and some fixed deposits. The thing is the whole ‘asset allocation’ is just a […]

  So you quickly repaid a big part of your home loan because the interest rates went up did you? Welcome to the world of fluctuating interest rates! Interest rates play an important role in your personal finances. The RBI tries to raise or lower key interest rates that trickle down and affects everything – […]

Subra Sir what you are saying is true, but I need the car now, AND i can afford it. Said a 26 year old girl. I was actually delighted. Coming to think of it, a debtor BUYS a Indica, borrowing money from Hdfc bank, and paying the installments – she is doing ME  a favor. […]

  As we rush through life we have two types of problems – we do not pay attention to the beauties in the day to day activity and we think something has value only if it has a price – so that the snob value kicks in! In Washington, DC, at a Metro Station, on […]