If you are not earning too well, well, you are not earning too well, dammit! Learn to live within your budget. Stop asking how will pay for my luxuries! Hey sending a kid ABROAD is not a necessity, but a super luxury. I know of about 30 kids who have gone to the UK for […]
The market economy cannot do many things. They cannot reach education to the poor. They cannot reach medical care to the poorest. They cannot feed those who cannot buy food. However it can do many things…and if you read this article you will be somewhat convinced that they need the stock market…so here it is […]
A few days ago one of the persons I know called to say: “Do you know that 5 CEOs have resigned in the last month in the financial services industry!”. I said hmmmmm and did you know AT LEAST 5 financial services companies are in the market trying to ‘sell’ from one owner to another? […]
Sadly there is not enough research on the financial behavior of Indians. On the other hand there is a lot of research in the US about American earning, spending and investing pattern. It is NOT possible to just do a cut n paste of the American behavior patterns, and THEREFORE one cannot just accept the […]
Recently I have been inundated by mails, sms, calls asking for the head of a person who had done a story on how FD returns were better than equity returns over a 20 year period. Now doing data driven stories in India is JUST NOT POSSIBLE. Not possible at all. Why this sweeping statement? Simply […]
Thanks to my historic interest in equities, I have some strong views on equity…like the following: a. a small broker cannot make money in broking alone b. a big broker can make money by MONEY lending to traders c. equity is a good investment in the long run d. short term trading is NOT investing […]
Education should improve one’s attitude, prepare you for a great life ahead, and generally equip you for a career. If this is what a good MBA degree should do for you, question the degree real hard. If you are planning to get an Engineering degree or a Management degree ask yourself why do you want […]