For Whom Wealth Matters
June 17, 2013 Leave a comment
Its common knowledge that resident individuals in India can each invest upto $200,oo0 (about 1.2 Cr Rupees)abroad per year.However, not all potential investors have more than a few lakhs to invest and few have access to the infrastructure and knowledge to invest abroad by themselves.
So if you are looking to take the first few baby steps to diversify into foreign assets in a limited way here are the services you could access:
June 13, 2013 4 Comments
Lakshmi is wealth accumulated through honest and fair means. Money can be stolen as well. Lakshmi brings peace and happiness to the person who earns it. Stolen money only brings emptiness to the soul. If you notice Lakshmi’s idol, she has gold coins around her, signifying wealth. However, she is also seated on a lotus flower, and holds lotuses in her hands. The lotus is a sign of purity and peace, signifying spiritual well-being; of purity and beauty even in the muddy waters of the world. Without this peace, wealth has no meaning. – Chetan Bhagat
June 13, 2013 Leave a comment
You have 24 hours in every day, seven days a week for a total of 168 hours to accomplish what needs to be done in your life. And every day, eleven time thieves gang up on you and work to take some of that precious time away from productive use. Let me introduce you to this inconsiderate troupe.
June 13, 2013 Leave a comment
A couple of days back my attention was drawn to the US Payday Loans Lenders Recourse website: UStatesLoans.com .You can read more about this outfit here:Link
For those of you who need some background about payday loans:
A payday loan (also called a payday advance) is a small, short-term unsecured loan, “regardless of whether repayment of loans is linked to a borrower’s payday”.The loans are also sometimes referred to as “cash advances”. Payday advance loans rely on the consumer having previous payroll and employment records. Legislation regarding payday loans varies widely between different countries and, within the USA, between different states. Read more of this post
June 12, 2013 7 Comments
This is a post I feel compelled to do after an unfortunate incident yesterday night.I thought I’d sing like the blackbird and make my boundaries clear.Link
First off,wealth building is a primary motive for me.Link
Secondly I believe that want and poverty, like suffering are optional and totally unnecessary.I think Dhirubhai had it right when he said:“If you’re born poor its not your fault but if you die poor its your fault”.Think!our mental abilities ,which we are born with, are not as far apart as our wealth positions.Also some of the world’s wealthiest people are self made.
Thirdly I believe that people can learn to be wealthy.Link
I blog to maintain a personal record of stuff I find useful in wealth building.Its also my attempt to leave a record for my family,long after I am gone in much the same way as I find the old business papers of my ancestors illuminating.I choose to make the blog public as I’d love for others to benefit from my efforts in any way possible.I believe that wealth is not a zero-sum game.Wealthy people,simply by being,help increase the wealth of people round them. Read more of this post
June 12, 2013 2 Comments
Summer, thank you for the Inner Peace Award.It felt nice to read your words below:
I do believe that you have Inner Peace inside your soul, that you treat other people right and with respect.Thank you, for being the person who you are.. Be Inner Peace and share it on your own special way..
In my turn I believe it is Alex of The Liberated Way , who deserves this award the most.To read his blog is to learn how to make peace with the universe, not just humans or animals even.
June 5, 2013 Leave a comment
There are many ways to look at the 10 year government bond rates.They give us an idea of might be the risk free rate of return in any given country.Compared across the world,they could be a way of understanding how risky the world considers investing in any country to be.However governments try everything in their power to influence this rate to manage their debt,manage inflation etc.so each figure needs to be understood in its context.Comparing government bond rates across tenures in any country allows us to get an idea of the yield curve and the economic prospects of the economy.
Here is a link to a constantly updated list of 10 year government bond rates.Link
