One of the best sales men I know told me “You must watch Rocket Singh” – to me this is not a great advise – my movie watching is very, very little if at all. However I did watch Rocket Singh. I now feel all my ‘friends’ who are not in the sales profession – [...]
Voluntary Retirement Offer – Evaluation:
For whatever reasons – voluntary retirement offers are now quite common and most people do not have a choice. However, if you do have a choice, see how to make the best of it. If you are given a VRS offer at age 45 and you have a transferable skill you [...]
One amazing rule of investments is called the ‘Golden Rule of Investing’. The Golden Rule says “he who has the Gold, makes the rules of investing”. If this post gets you nostalgic, you must have been born in the 1960s!
Once upon a time there used to be a ‘ring’ in The Stock Exchange (you dummy [...]
A couple of weeks back I had written a post about how the slow down will hurt some industries. Fairly clearly those companies (industries) which have a high cash burn ratio – and who cannot reduce fixed costs will bleed first. Financial services industry – life insurance, broking retail, general retail – are all vulnerable.
If [...]
Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo!
Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. Of course [...]
To provide liquidity to the markets, the FED, the European authorities, along with their Asian counterparts have decided to swamp the banks with money. However, this is likely to come with strings (ropes?) attached.
No money comes free – immaterial of whether it is called Debt or Equity. The authorities have put a lot of conditions [...]
a variant of this appeared in www.moneycontrol.com
Normally people invest to get returns. No doubt, everyone invests for returns. That magic figure governs the fate of all investment products. The logic in people’s minds is simple: The better the returns, the more money you will end up with.
But it’s not that simple in reality. Returns are [...]
Most of us earn a living, and we work to earn a living. So salary is also a big help in the process. However creating wealth is not just a function of our salary. It is a function of mindset. In case we decide that in the long term we want to create wealth we [...]