Question: I’m a 56-year-old teacher and my husband recently passed away. I own the home in which I live, but do not have a pension or any investments. All my monies are in public provident funds, national savings certificates, and bank deposits. However, I will receive Rs. 20 lakhs from my husband’s life insurance policy. […]
One very important characteristic of high achievers is their ATTITUDE towards the field in which they are. Roger Federer immediately said yes to WADA testing. Nadal cribbed but then accepted it. Indian players backed by the Board will initially say no, but may say yes under pressure. A decent chance of getting T-20 into the […]
There are many signals which are likely to confuse you about bear markets and bull markets. Unfortunately the market does not ‘pre-announce’ the start and stop of ‘bull’ and ‘bear’ markets. You need to look at signals – monetary, philosophical, psychology, and physiological! You could look at how people behave, what they say and what […]
This is an amazing first hand story in the brokerage business. Once upon a time not long ago I happened to be associated with a stock broker who was the 3rd generation stock market broker. He was the Chairman of a brokerage company which we had floated to become a member of the National Stock […]
Banks lending in rural India is a great thing to have happened. Most people who borrow are genuine -but there are some politically supported borrowers too. The main reason why a person in India (or in any part of the world too!) repays the loan is ‘because it is the right thing to do’. This […]
There is one person who is rarely quoted in Financial Circles. He is George Bernard Shaw. He said “Whenever I go to my tailor, he measures me up”. I wish all of us would do it! Once we decide on a particular thing we do not let new facts change our minds. We carry prejudices […]
Recently Mr. Sunil M Gavaskar celebrated his 60th birthday. Nothing great about it. His parents were around to bless him – this is a new phenomenon. Many people who are celebrating their 60th birthday are celebrating it with their parents around them. Many of these parents are pushing 80 – some are close to 90 […]