If you are cricket fan (even if you are not!) you would have seen Gautam Gambhir being paid Rs. 11 crores + and some other numbers like: Yusuf Pathan: 2.1 Million Dollars, Saurabh Tiwary 1.6 M $, Robin Uthappa, Kevin Peterson, Dumminy, Dravid, Brett Lee…all being paid millions of rupees, if not millions of dollars. […]
It is very difficult to understand product pricing in Mumbai. One doctor in a Mumbai suburb recently sold off his practice – well he actually sold off his shop. It is not a very big shop…and now an ice-cream parlor has been set up there. Got chatting….with a couple of friends and found that the […]
Hey Doctor Get Rich…was the original title of a book that I was writing for doctors. However ‘getting rich’ is normally not a good ‘professional goal’. For most doctors, lawyers, chartered accountants, even actors, – though money making is important, it is not all encompassing. For example a doctor working in the slums of an […]
For all those people who love eating out, and eating proceesed foods, there is a website to visit! Funny how we think of healthy living – and believe doctors (and the process food industry) who tell us that wheat bread, wheat pasta, …are all good for us. Why they even tell us that coconut oil […]
Doctors normally start their practice and the money starts coming in – first in trickles and then as a flood. Over enthusiastic accountants and ignorant doctors are a dangerous combination – they keep the doctor’s income low so that lesser tax can be paid. Suddenly if the doctor wants to set up a bigger practice, […]
If your financial planner told you “The longer your time horizon, the more stocks you should own”. You need to tell him “Time isn’t everything. You must also consider I am a broker in the life insurance business!” It’s one of the basic rules of thumb: The more years you have to recoup losses, the […]
The greatest wealth in the world has not been created by inheritance – but by investing! It is only this generation that can make this comment. We are lucky to be living in times when we can make this statement. Let us take examples of Warren Buffet, Bill Gates, L N Mittal, Azim Premji, Ambani, […]