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
Way from Rich to Wealthy!
What is being Rich and what is being Wealthy? This is a topic that I have spoken about too many times in the past….One of the steps required is to create different and various sources of income. For a beginner who is starting on a first or second job how is he/she expected to create […]
Retirement calculator
I am asked this question everyday…. “how much money do I need as a corpus if I have to retire today?” well if you think you will live 30 years in retirement…you need about 40 times your annual expenses (at retirement age). So if your monthly expenses are about Rs. 75,000 per month when you […]
The Regulator and the beneficiaries…
True or False: Regulators are appointed to: a) protect the customers b) protect the manufacturers c) regulate and develop the industry d) to speak the language of the strongest manufacturer and help the well established ones. Zero marks to people who chose a, b or c. Let us take the Insurance Regulator’s role. EXAMPLE ONE […]
Resolution breakers
So by the end of January we have made our resolutions, promised to keep them, and have now broken them, have we not? Well what are the major ways a person breaks / destroys resolutions? Not sure about the other resolutions – but financial resolutions are destroyed by the following people behaviour: 1. Missing out […]
Cho Ramaswamy
A couple of days back (Monday 8th to be precise) I was at my parents house. Suddenly my dad switched on Jaya TV – and I watched the ‘Thuglaq’ annual show – which he does for the Pongal festival. Two great speakers – one was Gurumurthy and the other speaker was Cho Ramaswamy himself. Amazing […]
Mutual fund schemes
Are there too many schemes in the mutual fund industry? Well it can be argued till the cows come home. Value fund, growth fund, large cap, mid cap, mid and small cap, large cap value, mid cap value, large cap growth, opportunities fund, special situations, price-earning ratio fund, equity biased balanced fund, debt heavy balanced […]