On the basis of some of the requests and comments, here are some of the examples that I see on a regular basis. These are not by themselves wrong, but in a combination of events, keeps a person poor: a. Refusing to use public transport: Public transport is not the best way to travel […]
10 Basic Retirement tips – long forgotten! You have heard them all, have you not? Start early, save regularly, investing in fluctuating assets like equity when you are young – then shift to bonds by the time you are 55…etc. However what use is this advice if you are 53 already? And suddenly it dawned […]
If you are a Tata Motors watcher, the sales of Nano should worry you, right? Well, not so fast. The sales of Nano will not do any great magic to the sales of Tata Motors. Nor will it affect the margins. To make an impact on the books of Tata Motors, Nano has to sell […]
It is easy to sit in India and look at the problems in America and Europe. For many of us it has also become fashionable and say: -Americans do not know how to save, many of them do not study enough, …etc..etc But PLEASE do remember it is the economy which is closest to reality. […]
The normal question you expect to find in a personal finance website is ‘Decide on how to fund your car’..but let us go one step behind! In the last 6 months I have seen 3 kids getting a Nano to go to college. Luxury or Necessity? No comments. Reality. I have seen a person […]
I have always felt that motorists asking for more roads is like a kid telling his dad: “you have bought me too many dresses, now buy me a cupboard”. Motorists are a big drain on the municipal authorities and the state governments too. They think that the roads are built for them (they pay NOTHING […]
This is such a catchy headline and completely contradictory to my saying ‘if you do not know what you are going to do with your leisure, do not retire’! Frankly the word ‘Retirement’ means ‘doing what you enjoy rather than doing what you must’. So a retired doctor could still be in practice – […]