Tidbits | wealthymatters

5 Rooba(5 Rupees)

July 17, 2011 Leave a comment

wealthymatters.com I happened to watch this movie today. Quite a few people recommended it to me.It’s a really short flick at 7 minutes.Here’s a link to it:

http://www.facebook.com/video/video.php?v=1970751271115.

Personally I felt really sad watching it.I was struck by how differently well-to-do parents interact with their children.The movie might be realistic and show pretty much what happens in real life.But why not change our reality by changing our behaviour? Read more of this post

Filed under Theory, Tidbits Tagged with bargain, delayed gratification, live with loss, live with the consequences, postaday2011, RandomBlog2011, saving, seeking value, teach bargaining, teaching children about money, teaching finance to children, think about money making ideas, value for money

The Temple of Gold

July 14, 2011 2 Comments

wealthymatters.com The Sripuram Mahalakshmi temple is my new find for the day.I heard about it on the TLC show ‘Oh My Gold-OMG’.The pictures are stunning.I plan on visiting the place on my next visit down South.

The temple is supposedly located on 100 acres of land and has been constructed by the Vellore-based Sri Narayani Peedam, headed by spiritual leader Sri Sakthi Amma also known as Narayani Amma.Sripuram-Sri Lakshmi Narayani Golden Temple is supposedly the largest Golden temple in the world, with over 1.5 tonnes of gold used. All the gold work has been done by artisans specializing in temple art using gold. Every single detail has been manually created, including converting the gold ingots to gold foils and then mounting them on copper. Gold foil from 9 layers to 15 layers have been mounted on the etched copper plates. Every single detail in the temple art is supposed to have some vedic significance.

The lighting is arranged in such a way that the temple glitters at night. And the LED lighting on the ridge of the roof of the star path is lit up at night so that flights operating in that direction can witness a star on the earth.

A house of gold-a fitting tribute indeed to the Goddess Mahalakshmi!

Filed under Tidbits Tagged with Goddess, Gold, gold foil, gold ingots, Hinduism, Mahalakshmi, OMG-Oh My Gold, postaday2011, RandomBlog2011, Sri Lakshmi Narayani Golden Temple, Sri Narayani Peedam, Sri Sakth Ammal, Sripuram Mahalakshmi Temple, temple, temple art, TLC, Vellore

Sri Padmanabha Swamy’s Treasure

July 9, 2011 1 Comment

wealthymatters.com

Gold soothes me.Money relaxes me.So I often do the accounts when I wish to relax.Being surrounded by wealth makes me feel good .BTW I don’t have to own any of it to feel good.

The past couple of weeks I have been really stressed out.There are so many things that need to be done that it’s hard to sit down and get any one thing finished before I have to switch over to doing something else.

One of the main ways I have been relaxing,is following the news stories covering the Supreme Court ordered inventory of the treasure of the Sri Padmanabha Swamy Temple in Thiruvananthapuram.

The principal deity of the temple is Sri Padmanabhaswamy ie Vishnu in the “Ananta-sayanam” posture ie in the eternal sleep of Yoga-nidra on the serpent Ananta.Vishnu is part of the Trinity in Hinduism.He is the Preserver.Lakshmi the Goddess of Wealth is his consort.The current temple was built by the erstwhile rulers of Travancore.

Here is a list of what the newspapers have reported as having been discovered in the cellars that have been opened up so far: Read more of this post

Filed under Tidbits Tagged with Anantasayanam, Anizhom Thirunal, archeologists, Aureus, belgian glass, Colachel War, donations, Dutch East India Coins, Eustatius De Lemmoy, French Coins, Gold, gold statues, Greek Drachmas, historians, horde, kasu mala, Kulasekhara Perumal, Lakshmi, Mathilagam records, Money, ornaments, Padmanabha dasan, Portugurse Coins, postaday2011, preserver, RandomBlog2011, Roman Coins, Sree Padmanabha Swamy Temple Gouri Lakshmi Bayi, Sri Padmanabha Swamy, Sriveli, Travancore, treasure, trove, Venetian Ducats, Vijayanagar Coins, Vishnu, yoga nidra

Bye Bye Chaar Anna

June 29, 2011 1 Comment

wealthymatters.com The 25 paise coin, popularly called chaar anna , has cease to be legal tender today.It has passed into history just like the 1,2,3,5,10 & 20 paise coins.In a way it is the death of an era.It makes me a bit sad. Read more of this post

Filed under Tidbits Tagged with 24 paise, anna, chaar anna, decimal series, decimalization of the rupee, Inflation, legal tender, naya paisa, negative seigniorage, pies, postaday2011, RandomBlog2011, rupee

India And Gold

June 28, 2011 3 Comments

wealthymatters.com The picture on the right might be what comes first to mind when a lot of people think about India and gold–A bride decked out in gold ornaments.

Here interesting facts about Indians and gold:

India is the world’s largest buyer of gold, accounted for 32% of the global demand in 2010.

India’s annual consumption demand has risen from an average of 300-400 tonnes (1998-2004) to about 900-1,000 tonnes in the last three years (2008-2010).

India’s demand for gold rose by 106% Y-o-Y,in 2010, substantially higher than the 60% recorded by the second-fastest growing market- China.

Indians invest over 11% of the gross savings in gold, against less than 2% by the Chinese. Read more of this post