Gulika , Rahu Kaalam , Yamagandam & Shoolam


wealthymatters.comA bit of good luck never hurt any body.Or is it the belief that we are going to encounter good luck that keeps us in a winning frame of mind?In any case. here are some Hindu beliefs to increase one’s success:

Traditional wisdom informs us that activities done at certain times of the day give good or bad results due to overriding universal influences. There are energies working to move time and events and by following some rules for navigating these energy-significant periods of times we can maximize positive end-results in daily activities while avoiding the negative ones. Read more of this post

So What Does a Billion Dollars Buy ?


Frugality is fine.But its one thing to be frugal because you want to and an altogether different thing to be frugal for lack of an alternative.So why not show our sub-conscious minds what is available and let it find ways to make them reality?

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The the car in the picture  above is a Maybach Landaulet.It costs a million dollars.One billion dollars will buy you a thousand Maybach Landaulets. Read more of this post

Wealth Pyramid


wealthymattersNo great fortune was built in a day.Slaving away, saving and putting money away might make you a nice nest egg after a while and over a few lifetimes a family might even get to be pretty well off.But when it comes to a fortune of any considerable size, in addition to sustained hard work and probably talent there is some effect of fortuitous circumstances . Often fortunes are made in just one business or one through one right call on some speculation.However there are too many ways to lose a fortune either through greed, overconfidence, a failure to admit a lack of understanding,a change in circumstances etc.So no matter the size of one’s wealth or the precise nature of its origin it is important to have a wealth pyramid in place.The general idea is to ensure the safety of the largest amount of one’s wealth. Read more of this post

RBI and its Repo Rates


wealthymattersEvery time the RBI announces an interest rate change do you start wondering how it will affect the prices of your shares,how much you can get on your fixed deposits,whether it is a good time to buy bonds or bond funds,how much your EMIs will cost etc.?Then reading the following article from today’s ET is a must.It is written by Madan Sabnavis, chief economist of CARE Ratings.

Lag Effect of Rate Rise Worries Apex Bank 

Every time the Reserve Bank of India (RBI) increases interest rates, a plethora of voices are heard. Industry laments that their profits get squeezed affecting growth. Bankers aver that their interest margins come under pressure and non-performing assets (NPAs) get Read more of this post

Asian Gold Buyers


These are four stories I came across today.Asian buyers are bullish on gold.In Bangkok they bought gold even as the prices dipped.I guess only time will tell if they were wise or not.This picture is from Yaowarat in Bangkok.The full story is available here: http://www.bangkokpost.com/business/economics/258447/gold-price-plunges-on-europe-fears

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