Interesting Chindia Cartoon
March 23, 2011 Leave a comment
Enjoy!
India Emerged
March 23, 2011 1 Comment
I found these words of Warren Buffett in today’s newspaper.I guess it’s time for us Indians to celeberate a bit.
” I don’t consider India as emerging market , I consider it as a very big market . But if you look at what many classify as emerging market , the business tends to be much smaller . We need to invest billions of dollars and that is very tough in emerging markets . ”
—— Warren Buffett
Leave of Absence
March 17, 2011 Leave a comment
I have just been diagnosed with a medical problem which requires hospitalization and surgery.The further treatment will take up to two years after surgery.
At this point I wish to focus all my energies on fighting for my health and life.
As the Bhagwad Gita says:If wealth is lost nothing is lost,if health is lost something is lost and if character is lost everything is lost.I have now decided to make health my first priority.I will put wealth building on hold for a while.
I’m sorry I can’t keep my promise to post at least once a day.In future I will post as I’m able and when I’m in an OK frame of mind to think .Today morning’s post took me over 3 days to put up.I’m really distracted and can’t focus my mind enough to put up a quality article.
Dear regular readers, I’m sorry I can’t do much now and for occasional readers:Welcome!I hope you find what you are looking for and /or have a few hours of fun on my blog.
Please pray for me.Your good wishes mean a lot to me.
Indian Gold Coins
March 13, 2011 8 Comments
The world’s first coins were Greek, made in Lydia about 640 BC. The earliest Indian coins were silver, and it was not until about 100 AD that the Kushan emperor Vima Kadaphises introduced the first Indian gold coin, which was a gold dinar bearing the image of Shiva. So India’s history of issuing gold coins dates back almost 2,000 years.Over this length of time India has produced many different denominations of gold coins, which include Dinars, Staters, Kahavanus, Pagodas, Tankas, Ashrafis, Mohurs, Gadyanas, Bhairava Gadyanas, Varahas, Fanams, Koris, Xerafims, and Tolas.
Many Indians make it a point to own gold, if for no other reason than to use it in weddings.Indian brides traditionally have a dowry of gold. This is usually in the form of high caratage gold made into jewellery, often incorporating gold coins. Wedding guests also gift gold coins as lucky wedding gifts. So over the centuries, many ancient , rare and ultimately valuable gold coins have been melted and made into jewellery.Even today there are not many collectors of Indian coins in general or Indian gold coins in particular.So there are many interesting and very affordable rare Indian gold coins even now in danger of being melted down. Collecting such coins which are currently unpopular or unfashionable might be a good idea,especially if a person is not averse to a bit of speculation and /or has an interest in numismatics. Firstly because the collector can obtain interesting, unusual and rare coins at a fraction of the price of coins from a popular series. Secondly if and when interest increases, prices are certain to increase accordingly. Thirdly, it will help to stop rare coins being lost for ever by being melted down. Read more of this post
Stock Market Joke
March 11, 2011 3 Comments
I found this joke here : http://globalshtf.wordpress.com/2011/03/11/you-have-to-love-capitalists/ Pretty apt considering what happened in our markets today.
You Have To Love Capitalists
wealthymatters 