Many people ask me for the best investment advice ever… This obviously has to be a very small post: 1. Write down your financial goals: Clearly, SMARTLY, ….write. And see what each goal will do for you, say it out loudly, believe in it. Make sure YOU want it. Not your mom, wife, child, ….YOU, […]
In the pipeline is a book for the young. …by young I mean the 23-40 year old. If I am writing it, it obviously is regarding wealth. Though I will be putting in a couple of chapters on controlling expenditure, how to borrow, it will of course concentrate on CREATING wealth. Specifically WHAT DO YOU […]
When any asset class goes up and keeps going up…people start finding reasons for the same. Normally you cannot find a reason. When you cannot find a reason, you have to say ‘Buyers are more than Sellers, so prices are going up’. Hey, this is just not sexy enough for our media. Imagine me going […]
Adam Scott’s secret nine point formula is here and many people have said it deserves the Nobel prize. Ha simplicity is in. However all the people who want simplicity in THEORY actually LOVE to make their lives more COMPLEX. Given a choice between Idli and Aloo Parathan if you choose A.P, remember you are choosing […]
Many articles in the media sound like PR handouts of the BFSI space, and it makes for amusing reading. Let us take articles saying ‘an income fund or a liquid fund is better than a bank deposit because it is tax efficient….etc. I do agree with that logic, and I do think that income funds […]
If we have a debt (or a bill) we normally pay it on time, right? Hey no. Not always do we like to pay our debt or bills. We pay our bills only on the following conditions: 1. We acknowledge it as a debt: I borrow money from friend A and lend to the business […]
When you do a business, the Laws of Economics apply to that also. You buy things add your overheads, add profit and sell the product. Or you sell a product and from that you deduct all your costs and what gets left is profits. In the retail business – especially the book business – about […]