Who should pay for the higher education of our children? Ideally somebody else. Like a scholarship. My niece is on her way to Harvard – and is being partly funded by a scholarship which is meeting about 50% of her TOTAL COSTS – and completely covers her tution fee. However not everybody gets admission and […]
This is a touchy topic! Should parents give money to adult kids? Let us say for the following: Buying a car Buying a house Higher education Marriage For an expensive vacation (expensive because the kid cannot afford it) I do have strong views on this. Everybody should learn to live within their means. If you […]
There are no hard and fast rules in the world. None. Sachin Tendulkar did not copy Vivian Richards. Nor did he copy Don Bradman. So there are no ‘success rules’ that work for everybody. Start early – is a good rule, but Kentucky Fried Chicken was started by a man in his 60s, right? what […]
This is not a post about running, but even in the running space, this holds true… There is a very popular note by Dr. Philip Maffetone who says teaching your body to run slowly – and burn fat is more important. So in the long run (since you have more fat deposits in your body) […]
So many parents can afford to send their kids abroad today, it is not funny! And most people would have had aspirations to study in Harvard, Wharton,….the Ivy League. Today they can sign cheques of US $ 150,000 without batting an eyelid when their kid says ‘dad I want to study abroad’… In the 1960s, […]
USA has completely different problems compared to India. The local population just does not save enough. Of course many of them cannot save but just too many of them do not save, but they play lottery. So if you want to make the Americans save, you need to give them lottery tickets for opening a […]
I did not know it would be so difficult to sound simple and uncomplicated. Many people have been mailing me, smsing me, calling me with questions is “What should I do, NOW ? The operative word is NOW. If you have been a long term investor you have seen the resilience of the equity markets […]