Here is a completely different perspective on real estate costs!! For a typical middle class person – say earning Rs. 6 lakhs at age 43..obviously houses look damn expensive in Mumbai. However when you look at the salaries in the BFSI space – banks, mutual funds, life and gen insurance companies, brokerage….it is common […]

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Leveraging (like derivatives) is neither good nor bad. Huge wealth has been created by leveraging (Reliance, Tata, Uday Kotak (net worth Rs. 30 lakhs to market cap Rs. 26,000 crores in 25 years) – and also ALL bankruptcies have been caused by bad management of debt. There are many advantages of gearing or borrowing: a.   […]

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