A few days back I had written about cash as a strategic asset for businessmen. It can be an emergency asset for an individual. When Iraq decided to invade Kuwait many people (including Indians) had to leave Kuwait almost overnight and run for their lives. A friend was stuck in Kuwait – along with his […]
this appeared in the personal finance section of reuters.in under my byline Escape from Debt If all the people who talk to me are sensible, well educated people, how is it that the Human Relations Managers of many companies call me for asking questions like “Can we do a 3 hour session on how to […]
Over the last 2 days I heard a few stories. Quite stunning, I should say – either I am too old or the newer generation of people think completely differently from what I think. Let me narrate them. The first is a fine example of why the Americans are in a financial mess. There is […]
We are in the midst of an economic slowdown for sure. The west is down to growth rates of 0 and 1% per annum. Dropping oil prices will mean Sovereign Funds will have lesser monies to spend, and IT companies will also bring in lesser revenues. When the going gets tough, the tough go shopping! […]
Many things in life are better achieved slowly if you want the gain to be permanent! Does this remind you of another boring task – the process of losing weight? If so, welcome! Investing and money management is a lot like eating. So is losing debt like dieting? maybe…maybe not. Is getting out of debt […]
A senior executive from a leading private sector bank met up for lunch. One of the topics that came up was “Will gold prices go up?”. He immediately said, YES, it will shoot up if we sell more gold. Intrigued, I asked him to explain. He told me a story of one PYT that the […]
If this sounds like the title of a book, well it is! I have collected a few of my articles – they may well be available on my blog and elsewhere that i have written – which means rediff.com, moneycontrol.com, and myiris.com. This book is a part of M3 – Msigma – as iris calls […]