All finance company shares are up and in the sky. With p/e ratios in the 30s and even in the 90s. Let us ask ourselves some basic questions. What will really happen if Tata, Birla, LnT, Shriram group, Religare, Indiainfoline and a couple of others do get a banking license? To start off, there will […]
Many people may not have heard this. Of course many would have heard this, but may not know what it means…so here it goes! When you earn a certain amount of money – all of that does not come to you. Some of it goes off as profession tax, income tax, insurance, provident fund….etc. […]
A couple of days ago I did a post saying ‘Earning well but poor part 1’, now here is a sequel… 6. You rely on others to take care of your money: A classmate who is a relationship manager in a bank, or a friendly uncle, or …..hardly matters who. It is nice to say […]
Subra one does not know whether I will pop off at 45 or like A K Hangal at the age of 98. So in order to live peacefully, I need to create a serious amount of income and wealth. – So said a reader who is about 40 years of age. He also said ‘the […]
Happened to watch Star Vijay Tv at about 6am today. One ad was for real estate – and one of the ‘idiots’ of 3 idiots was selling real estate. Did not pay much attention, but thought to myself ‘why the …..should these guys sell products that they do not understand’. Then i reconciled myself saying […]
Yes you read it right! You are reading www.subramoney.com and you are reading ‘buy real estate’. Well let me explain the context. In many local businesses the location of your place of business is critical for its success. If you are a doctor, run a gym, a hotel, a hair-dressing saloon, bank-ATM, etc. your ‘customers’ […]
An amazing land legislation which says land can be procured only by paying 4 times the market value has been passed. This will mean the land owners will benefit, correct? No. Only Economics will work. Let us take a different example – if suppose a legislation was passed that women should be paid 1.25 times […]