For Whom Wealth Matters
January 8, 2012 1 Comment
Here is an interesting anecdote I found today at http://hksecurities.blogspot.com/2012/01/2012-leap-year-and-history.html
In every leap year BSE Sensex’s ‘YEAR HIGH’ was above previous year’s high since its inception. Read more of this post
January 1, 2012 Leave a comment
Wishing You All A Very Happy and Prosperous New Year 2012!
December 10, 2011 Leave a comment
Ever wondered how your income stacks up against others?Here are some figures to help you gauge just how well you might be doing.The per capita income in India is Rs.54,527 in 2010-2011,up from Rs.46,492 in the previous year.In fact the per capita income,which was Rs.18,450 in 2001-02, has been growing at an average annual growth rate of about 12.8% in the period 2001-02 to 2010-11.Have you been able to grow your income at the same or higher rate?
November 28, 2011 3 Comments
Hello People ! I’m sorry I was gone for so long.I was having a pretty stressful time and blogging just wasn’t an option.
Today’s post is a nice allegory I found here: http://value-picks.blogspot.com/2011/11/farmer-and-calf-investment-story.html
‘This story is about a farmer who received a calf from a rich man. Hopeful that the calf will be able to help him have a better life, the farmer did his best to take care of it. But as the calf grew, so did the farmer’s expenses.One day, he said to himself, “I don’t want to wait anymore for this calf to become an ox. I’ll just sell it and buy several sheep which are easier and much cheaper to take care of.”And so he did just that.After several months, he realized that breeding sheep were not as easy as he thought. And so he said to himself, “It takes too long for these sheep to give birth. I better just sell them and buy myself several hens which can lay eggs for me everyday.”And so he did just that.The plan worked very well, he was earning good from selling all the eggs. Life improved for the farmer. But after several months, the hens started to lay less and less eggs until one day, the hens couldn’t produce anymore.The farmer was devastated. In his anger, he cooked all the hens and had himself a feast.Later that week, he remembered the single calf that started it all and realized that after all his hard work, nothing had changed in his life.”
A good warning for those of us who won’t take the pains to sit down and work out our goals and think through what we need by way of time,effort ,money etc for achieving them. Read more of this post
October 2, 2011 7 Comments
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?
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
wealthymatters 