Will the market recover? When, not whether is the question. If my students do not ask “When will the market touch 21000 again?”, I ask them the same question. The most optimistic answer I have got is 6 months and the most pessimistic answer I have got is 2 years. Very clearly short term […]
How Can You Get the Best Deal? Try creating a group or a pool if you have a friends circle / professional circle (like BNI), or any such group. Even if 3-4 of you are buying a car together there is a chance that you will get a good deal. Of course you must […]
I think it is much easier to remain healthy, but far more complicated to look after your wealth. Of course I am assuming that people do not buy every vitamin pill, curative pill, magic dye…..and make a mess. If you just eat simple food, do some exercises, sleep well,…you will normally lead a healthy life. […]
Why do men lie about money? It is simple: a) they will not admit to the world – even to the wife and kids that they are not earning enough. b) it is a community thing – some communities like to show off, some do not have the need to show off. c) men live […]
Does every business have to be profitable? To the common man, yes! Not true, not true, not true at all! Many people do businesses to: – keep themselves busy – to show to the world that they are doing a big business – hoping to make money 10 years, 20 years or 30 years later! […]
I have always held the view that you should have your own medical and life insurance – do not trust your company to cover you sensibly. Most general insurance (medical) decisions in corporate India is a finance and HR decisions. Rarely, if at all are they equipped to handle this decision. Let me give you […]
One of Taleb’s quotes is ‘never trust an employee’ – I guess it includes commission agents, also. If you are not paying negotiated fees to an adviser, you are paying a pretty high fees in some other form that you cannot see. Here are the case of 2 employees (some coincidence they share a surname). […]