When a friend called me to say he is making a donation, I got greedy. She works for a large organisation, so instead of jumping at her offer, I asked her to call for a meeting of 20 of her friends – and I would make a small 15 minute presentation on akshayapatra! I am […]
When I started blogging I found this as a good medium for writing about charitable giving. Many friends, classmates, relatives had monies coming out of their ears and seriously did not know what to do. The Audis had been bought, the beach house (a 5 BHK should be called a house or palace, I know […]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth […]
I normally do not write about politics but this are special times! There is a chance that the government will fall (this is a defeat for Anil Ambani) or the government will survive (there is enough that AS and AA can do to irritate Mukesh). However, there is a good chance that if the UPA […]
In our office we have a big team which works on a personal finance software – which failed and has been scrapped (update on 10th July, 2018) So the kids in that team keep asking what is financial freedom? My answer is simple, and here it is: 1. Largely, if you can laugh a lot […]
Many people think they (and the industry tells them) that they are eligible for a “home loan”, car loan, personal loan, credit card loan etc. Actually this is not true. You only get a loan against your Form 16, which means this is a loan against your future earning capacity. Imagine telling a lender that […]
What events trigger a market to rise and what triggers a fall? Conventional wisdom tells us “good events” should trigger a rise and “bad” events should trigger a fall. Correct? No. Wrong. The basic assumption that you can isolate “one” event to the day (or month)’s market performance is a media myth – necessary to […]