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 […]
Some of the kids I know are going to HATE me for this article…sorry guys n gals but you have really inspired me to write this. Honestly this is dedicated to you. Here it goes! 1. Your cheques bounce: Oh not regularly but 4 times in a year. This could be because your salary came […]
Some things are basic to life…like: – it is better to be a LENDER than to be a BORROWER. – pay off the MORE expensive loans first – if you MUST have debt, it is better to have a tax deductible debt – your credit rating determines your interest payment – the more number of […]
There is only ONE reason why people get into debt. Living beyond their means. Make no mistake there is just one reason. However when people get into debt, and when they come to me, they justify on various grounds…I have very little sympathy -Satyam is never Sundaram, but always SHIVAM!! What are the main reasons […]
For many people doing their MBAs and CA there is always a challenge in defining financial services. Let us see what all financial services includes in India (as of now). Well it includes the following: Banking Life Insurance General Insurance Capital Market Services Mutual fund Leasing Hire Purchase Securitization Credit Rating Venture Capital Factoring Services […]
I was wondering whether the title should have a ‘?’ after the word status, then decided against it ! Any other country in the world with the same statistics as USA would have been down graded..a few notches. However all the credit rating companies (you have to smirk when you talk about them) are based […]
With interest rates stagnant – and perhaps moving south bonds may become an interesting option for some investors. Though I am not a great lover of bonds, I do hold some in my Dad’s portfolio. If you are investing in bonds, look out for the following: 1. Are there call and put options – if […]