A great swimming pool has been opened to the public recently near my residence. I told a friend it costs Rs. 12k for a 1-year membership. He said it was too expensive. He is right. There are pools in Navi Mumbai that cost Rs. 3k a year. So 12k is expensive. That was his argument. […]
Along with a software company (www.myirisplus.com) I did financial planning workshops in various parts of the country. Delhi, Kolkatta, Indore, Hyderabad, Bengaluru (Bangalore), Pune, Mumbai, Navi Mumbai, Andheri, Churchgate, Chennai, Cochin, Trivandrum, Coimbatore, Ahmedabad, ….To be honest the response from the ‘IFA’ – the person who sells life insurance and mutual funds to you was […]
Kaun Banega Crorepati? Well this is what Amitabh Bachan asked you for a whole year! Of course everybody realized that the Indian is now wanting to be more than a crorepati. So the stakes in the game shows increased from Rs. – 1 to 5 to 10 crores! Frankly unless you are already a crorepati, […]
The last 30 hours have been overwhelming. Sitting in Navi Mumbai, I feel safe at having escaped this dastardly attack. It soon struck me that I am safe but only until the next attack. I was wondering whether we have got so indifferent to pain that we might end up saying “Oh, the terrorists have […]
If you handle money, if you need money, if you borrow money, if you lend money, if you invest, if you support a family, if you are a NON finance person – you still have to learn about money. We do seminars on Finance – both business and personal finance. We are planning to […]
Understanding mean, median, mode, standard deviation, regression, reversion to the mean – is a pre-requisite to understand financial markets. Let us see some simple examples: It rained 90mm in Mumbai on 22nd July. If it rains like this for 6 months continuously, Mumbai will be drowned. It was 43* C in Lucknow on 23rd May. […]
When a friend called me to say he is making a donation, I got greedy. She works for a large organisation, so instead of jumping at her offer, I asked her to call for a meeting of 20 of her friends – and I would make a small 15 minute presentation on akshayapatra! I am […]