Theory | wealthymatters

Muhurat Trading And The Year Ahead

October 30, 2013 Leave a comment

wealthymatters

While it is generally believed that muhurat trading ensures prosperity in the year ahead,the rise or fall of the SENSEX on the day of Muhurat trading has no correlation with SENSEX values in the year ahead.

For example,on Diwali Trading in 2012,the SENSEX declined half a percent but the benchmark index has risen almost 10% since then.

In 2010,the SENSEX gained half a percent on Muhurat day but declined 18% in the course of the following year.

In 2008,the benchmark index gained 6% on Muhurat trading and gained 92% in the course of the following year.

Filed under Theory Tagged with Diwali, Diwali Trading, Muhurat Trading, postaday, sensex

How The Economic Machine Works – Ray Dalio

October 25, 2013 Leave a comment

Do watch the video below,It comes recommended by the likes of Paul Volker and Henry Paulson Jr

Filed under Theory, Tool Kit Tagged with Henry Paulson Jr, How The Economic Machine Works, Paul Volker, postaday, Ray Dalio

The Interesting Thing About Money

October 23, 2013 2 Comments

wealthymatters

It can’t be wasted, only misallocated, which is a matter of opinion. If you spend your money, you create a ripple effect known as the Keynesian multiplier where the people you give your money to also spend it, about five times in a year ; good for creating commerce and employing people. If you save your money it becomes available to you and for other people to buy expensive things (homes, cars, etc) that they can’t afford to buy outright. This process also employs many bankers and financiers and creates employment in the factories and in the supply chain. If you invest your money, you enable the creation or expansion of businesses also leading to employment. Even if you burn or bury your money, or just stuff it in the mattress it’s not wasted as you slightly increase the value of all the other money in circulation.So you really can’t make a societal mistake with your money, only a personal one. And case you have enough put by, you can afford some mistakes.

Remember this whenever someone tells you you you ought to do this or that with your money.

Filed under Philanthropy, Theory Tagged with Keynesian multiplier, money philosphy, money wisdom, postaday, wealthy philosophy

Green Gold

October 14, 2013 Leave a comment

wealthymatters In Maharashtra there is the practice of offering the leaves of the Aapati tree as sona/gold on Dussehra and saying “Sona ghya, sonasarkha waga” (take gold and be like gold).There is a deep significance behind doing so.

According to the Puranas,Kautsa, the young son of a Brahmin called Devdatt, lived in the city of Paithan. After completing his education with Rishi Varatantu, he insisted on his guru accepting Guru Dakshina, a present. The guru said, “Kautsa, to give dakshina in return for learning wisdom is not appropriate. Graduation of the disciple makes the guru happy, and that is the real Guru Dakshina.”

Kautsa was not satisfied. He still felt it was his duty to give his guru something. The guru said, “All right, if you insist on giving me dakshina, then give me 140 million gold coins, 10 million for each of the 14 sciences I have taught you.”

Kautsa went to King Raghu. Raghuraja was an ancestor of Lord Rama, famous for his generosity. But just at that time he had spent all his money on the Brahmins, after performing the Vishvajit sacrifice. Raghuraja asked Kautsa to return in three days. Raghuraja immediately left to get the gold coins from Indra,the king of the Gods. Indra summoned Kuber, the god of wealth. Indra told Kuber, “Make rain of gold coins, fall on the Shanu and Aapati trees around Raghuraja’s city of Ayodhya.” Read more of this post

Filed under Theory Tagged with Aapati tree, postaday, simolanghan, sona, vijay mahurat on Dussehra

Ayudha Puja

October 13, 2013 2 Comments

wealthymatters Ayudha Puja also called Astra Puja is the “Worship of Implements”.It is part of the Navratri celebrations.

All the implements that are part of one’s occupation, such as machines, vehicles, tools,computers etc. are cleaned properly, polished and decorated. Then they are smeared with sandalwood and turmeric paste. Flowers are offered. The implements are then worshiped along with the image of Saraswati ,for wisdom.

This worship is an expression of gratitude to the divine forces for helping us earn our livelihoods and also prayers or the successful execution of duties in the coming year.

So you can see all types of vehicles including bicycles out on the streets after a wash , decorated with flowers and frills.

Business establishments,offices and factories are spruced up and bedecked with fresh flowers, banana leaves, plantain saplings and other festival related festoons. Read more of this post