I have always been of the firm opinion that it is easier to understand stats or maths applications than to understand business. Or did I contradict myself? Well, well, if you did not understand cricket BUT understood statistics you will come to 2 WRONG conclusions based on YOUR understanding of maths and stats. 1. Inzamam […]
Well, if you were in the US and I were a Pres candidate…i would have been forced to ask you this question. Well politics aside, this is a question that you should keep asking yourself EVERY year. In case of your personal life, hobbies, work, relationships, etc. you need to frame your own questions.I do […]
Hi my definition of a youngster – for this post – is those people born say 1980 and later. This post was triggered by a comment on the annuities post. Let me enumerate: 1. Most of these people started their working lives say from 2002 onwards. So from 2002 to 2007 they were told by […]
When I ran the Standard Chartered Mumbai Marathon (scmm) in the year 2011, I was an amateur walker and used to run only the Scmm – and had done little by way of practice. I did the 21.09 km race in 2:50 – which was about 5 minutes MORE than my target time of 2.45. […]
Not sure about how many readers will agree with this…but this is my view. There are many problems in India, and surely many, many financial problems…….however I think these are the 3 major problems: a. People underestimating retirement requirements: Many 45 year old people whom I meet underestimate their pension requirement. Not just underestimate, but […]
A few days ago I had given 3 interesting scenario with the question: ‘Do they need life insurance?’. Here is the answer to the first story. Am summarising the story for those who came in late…and those who do not wish to go searching for the story: Mr. Rajesh is a well off builder. His […]
Now imagine the stress this puts on the government (remember government pays indexed salaries and indexed pensions) finances. Low real returns has a very bad impact on the investments that people make – and the asset allocation has an impact on the credit market also. So the government has to tackle inflation – in a […]