Nakshatras And Careers


wealthymattersVedic Astrology has some suggestions on lucrative fields of business and employment depending on the nakshatras.So if you find yourself stuck work-wise why not focus on some luckier line in your current line of work or something new?

If you want to give Vedic Astrology as shot, first find out your Moon, Lagna and Tenth Lord Nakshatras. The look up the lucky areas for each one of these Nakshatras.

ASHVINI

Transport industry, Athletes and all sports related jobs like physiotherapists, druggists and surgeons, chemists, all types of healing professions, botanical and agriculture related professions, trainers at health clubs or gymnasium, marriage counselors and child birth specialists,racing professions like motor sports, adventure sports, stunt men, jewellers especially goldsmiths and those involved in promotional & motivational jobs and campaigns etc.

BHARANI

All careers related to birth and death – fertility clinics, gynecologists, midwives, morticians,morgue and funerals home workers, coffin makers, obituary writers, officials handling birth and death records ,all jobs connected with nurturing and caring for children- baby sitters, nannies, nursery school teachers & careers connected with amusement connected to theme parks, children’s toys etc.Careers related to tobacco, tea and coffee industry, cooks.chefs, caterer, hoteliers, film & entertainment industry, photographers & photography studios, models, biologists and microbiologists, seed and fertilizer industries and last but not the least careers related to exotic night clubs. Read more of this post

The Way To Billions


wealthymatters

So get started early.Do what you can.Don’t wait for a grand idea or a great stroke of luck.You may not become a millionaire on your first try.No matter ,learn and move on.If you keep your wits about you,your millions will become billions in time.If you learn fast and leverage your know-how and contacts you’ll get there faster.FOCUS on how many steps these gentlemen had to take to get where they are.Think of their ages and the years they have been working.

When To Invest In Mutual Funds


wealthymattersRetail behaviour is a very contrarian reliable indicator of market movements. There is never any meaningful retail participation in low P/E markets. Rather retail has invested large amounts in high P/E markets. For instance,in 1992, after the markets had moved up 10 times in the previous four years and P/Es were at a record 45 times, a single scheme collected nearly  4,500 crores (20,000 crores at today’s prices). In 1999, IT funds and IT stocks attracted very large sums of money at three-digit P/E multiples. In 2003, at record low P/Es of less than 10 times, the net flows in all equity funds in the country were around 100 crores in one year. In 2008, at high P/E multiples again of 20-25x, inflows in equity funds were 50,000 crore in a year. Since April last year till date, nearly 20,000 crores have been withdrawn from equity funds at P/Es of nearly 14 times.

Equities are a great compounding vehicle (Sensex is roughly doubling every 5-6 years in line with nominal GDP growth rates since inception in 1979) and investors should simply practice low P/E investing. Past data suggests that investments in equity mutual funds made in low P/E markets (say a P/E below 15) have done well over 3-5 years; on the other hand in high P/E markets (say a P/E of more than 20), investors should be cautious.

The Rarest Of The Rare


“Which two persons are rare in the world? One who serves others selflessly without expecting anything in return; and one who is grateful toward anyone who does one a kindness. These two persons are rare in the world. “- Gotama the Buddha

To Study Or Not To Study……That Is The Question.


wealthymatters

The more educated a woman, the higher the salary discrimination she faces at work.That is the conclusion of the report based on the survey prepared by Paycheck India, a research initiative of IIM-A, supported by non-profit organization Wage Indicator Foundation and University of Amsterdam. The all-India survey is based on 21,552 respondents over a period of 7.5 years.

wealthymattersWhile women with no formal education earn more than their male counterparts, with an increase in educational qualification, the situation reverses. So, women with basic education like advanced certificates or diplomas earn 10% less than equally qualified men, but the wage gap shoots up to over 40% in cases where women have master’s degrees.

The main reason for this is that in India, there is a general perception that a woman’s primary responsibility is unpaid care work, like looking after children and family, and this perception channels them into similar work areas in the labour market, where they are paid handsomely for it. For instance, with no formal education, the average annual income of women surveyed is Rs 1.41 lakh while for men it is 1.26 lakh, indicating women are 11.99% ahead. Read more of this post