Today it is very easy to live beyond ones’ means. If you take any magazine you will find about 15 advertisements – of this about 14 will extol you to live beyond your means. If you can afford a Ford Ikon, they will urge you to buy a Honda City. If you can buy […]
When you go to a doctor you get a feeling that you have gone to a person who is completely ‘loyal’ to one school of thought. So you have a allopathy slave, a homeopathy slave, a unani slave…… NO DOCTOR has the patient’s good at heart? Not sure if it is too sweeping, but why […]
See if you are doing these things or at least some of these things to destroy your financial health….. 1. Postpone starting to save / invest: Forget that there is a tomorrow. Let us look at the reasons that people use: a) I am too young to save / invest b) I am too old […]
Let us look at some things which were heralded as a fantastic solution for a problem. Then we will see how these have NOW become problems and not a solution as it should have been. Insurance, Home loan, car loan, educational loan, derivatives, leverage, credit cards, ………….. Look at business Insurance. It is a brilliant […]
A few days ago I did a post about risk….here are some solutions.. 1. If husband and wife are working in the same industry or worse in the same company, try to change the situation, NOW. 2. Take a stand alone or a floater MEDICAL INSURANCE policy for say Rs. 3 lakhs for self and […]
Most economists you meet or read tell you that the US problem is worse – much worse- than the Euro problem. Many of us think that the Americans have pushed the dollar too far and it has to fail. The American debt, the American bank’s date and the NINJA credit cards, NINJA educational loans, […]
Thanks to my style of writing many people ask me ‘What should be the strategy of investing for a small investor’ – the answer is simple. However we are Indians and we do not like simple things. If you have a brilliant mind, and think you can make money in your profession, and managing money […]