Signing up for Technorati


4UWNYE5V865B

Hey people sorry for an off topic post .I need to do this to claim my blog.

Just How Well Off Are You?


wealthymatters.comDo you know if you are a HNI? Or if your income makes you rich in India?

Envy and jealousy are pretty useless but there’s nothing like goal setting to get where you want to be wealth wise. It helps to know just where you stand.

According to the National Council for Applied Economic Research (NCAER), you are rich if your family’s  annual household income exceeds  Rs 17 lakh.There are 3 million rich households in India comprising some 16 million individuals.So 1.38% of Indians are rich in income terms.

However income doesn’t equal wealth just as being rich doesn’t mean being wealthy.For more on this distinction please refer to this older post here:  https://wealthymatters.com/2011/01/26/the-definition-of-income-and-wealth/ . Read more of this post

Ambani Family Tree


Here is the Ambani Family tree. It should come in handy while reading about the Ambani Empire.Its interesting to see what role family played in the early years when Dhirubhai was starting out; How family helped with expansion and how the family now distributes the responsibilities of  running of the empire amongst itself.

wealthymatters.com

The House of Rothschild


wealthymatters.comHere is a video “Money’s Prophets” based on Prof.Niall Fergusson’s work to balance out all the sinister acts attributed to the Rothschilds in ‘The Money Masters’.Do watch it.It will show an ambitious family rise from relative obscurity to the pinnacle of finance.It will show how they deliberately cultivated their social superiors till they could buy they way into the aristocracy.They might have been upstarts early on but soon they became the very establishment they worked so hard to enter.Undoubtedly they enjoyed the privileges that came from wealth and the proximity to power but it’s hard to see them as evil incarnate.Whatever motives others might choose to impute to them ,they probably saw their own actions as purely business.In fact if we consider the fact that they chose to diversify internationally as a protection against losses due to Anti-Semitic persecution it’s hard not to feel sympathy for them.Do watch this documentary and draw your own conclusions. Read more of this post

10,000 Pageviews


wealthymatters.com

Today  marks a mini milestone celebration for my baby blog ‘Wealthymatters.com’.The infant has grown up a bit and now at 7 months of age has managed to clock 10,000 page views. My most sincere thanks to all of you who regularly visit my blog and also the casual reader. I love sharing  my finds with all of you and greatly welcome and enjoy your comments as well. I will continue to post stuff I find interesting and that I hope you will find interesting too. Please leave me comments which will tell me how well I’m doing.Also please feel free to suggest topics you would like me to blog on.I rely on all of my readers for support and I thank you very much for checking my blog out.I doubt I would have persisted so long if not for your visits and kind words.Please pass on my blog’s name to other people that you know may find discussing money matters interesting.