Tool Kit | wealthymatters

Top 10 Indebted Indian Corporates

January 3, 2016 Leave a comment

wealthymatters

Crony capitalism is a high risk but quick way to enrich oneself. But such promoter groups are bad news for unsophisticated investors.

Be well advised to avoid the shares and FDs of these groups.

1 The Reliance Group

The Anil Ambani-led Reliance Group is in the business of power, insurance, wealth management, telecommunication infrastructure and entertainment. In March 2015, the company had a debt of Rs 1.25 lakh crore on its balance sheet. The amount is equivalent to the special package announced for Bihar by Prime Minister Narendra Modi ahead of state elections in August last year.

2 The Vedanta Group

Anil Agarwal’s company is the second-most indebted company. According to Credit Suisse, the company, which is into metals and mining, had a debt of Rs 1.03 lakh crore. This is equivalent to the amount raised by the Government of India in March 2015 through its biggest-ever auction of telecom spectrum. Read more of this post

Filed under Paper Assets, Tool Kit Tagged with Adani Group, Anil Agarwal, Anil Ambani, crony capitalism, Essar Group, Gautam Adani, GM Rao, GMR Group, GVK Group, GVK Reddy, Jaypee Group, Jayprakash Gaur, JSW Group, L Madhusudan Rao, Lanco Group, Ravi Ruia, Reliance-ADAG Group, Saajan Jindal, Sashi Ruia, Vedanta Group, Venugopal Dhoot, Videocon Group

Investing Like An Indian Politician

January 2, 2016 3 Comments

wealthymatters The one thing career politicians in India know is that income often comes in fits and starts and there is a need to provide for necessities and expenses in the meantime.

Here’s what a lot of them will do.

1.FDs in the name of every family member not qualifying to fall in the tax-net. That way some regular income for necessary expenses is always generated.

2.Land: Invest in land in appreciating location.Agricultural land purchased on any national highway at distance of 15 to 25 kms from the city centre of big cities have tended to double in 2-3 years and so make excellent main appreciating assets .Take up agriculture yourself or let out the land to other farmers for rent .So your income will be tax free and the underlying asset will appreciate as well. Regularly sell land on appreciation and move away further to grow capital. Urban land too works but community activities on it are not tax free. Read more of this post

Filed under Agriculture, Alternative Assets, Paper Assets, personal finance, Theory, Tool Kit Tagged with Astrology, buy a home, FD, financial astrology, Fixed Deposit, invest in agricultural land, invest in urban plots, invest like a neta, invest like a politician, invest like an indian politician, Nifty50, no mortgage, postaday, shares, tax-free agricultural income

So How Long Does It Take To Become A Billionaire ?

January 2, 2016 Leave a comment

wealthymatters It’s variable.

Note how the more slowly built wealth has a way of being lasting. And making money off tangible products seems to take longer than digital or financial products.

Filed under Entrepreneurship, Theory, Tool Kit Tagged with Bill Gats, Daniel Och, Eric Lefkowsky, Gary Winnick, Henry Ford, how long does it take to become a billionaire, Jay Walker, Jeff Bezos, John D. Rockefeller, Larry Page, Mark Zuckerberg, postaday billionaire, Ray Dolby, Sean Parker, Sergey Brin, Warren Buffett

Gary Vaynerchuk On What It Takes To Succeed Online

January 2, 2016 Leave a comment

Domain expertise.
Salesmanship
Patience to learn and relearn what works online.

Filed under Entrepreneurship, Theory, Tool Kit Tagged with brand building, digital marketing, Gary Vaynerchuk, online marketing, postaday, publicity, social media marketing, you-tube marketing

Superstar Bloggers

January 2, 2016 4 Comments

wealthymatters “So what do you do?”
“I blog.”
“So what do you really do?’
“I blog.”

Such conversations, followed by pitying looks for an “unemployed” person is something a lot of bloggers are daily confronted with.

Truth: Anyone can start a blog. Not everyone has the imagination and ability to “monetize” it creatively to make a living or even a decent side-income from it. An extreme of the 80:20 rule applies on the internet. Less than 0.001% of bloggers probably make enough for blogging to be worthwhile money-wise. But for the talented few, the sky is literally the limit. In addition to money, the real gains are the people a person meets via blogging and the “real opportunities” that are created by these interactions.

Sure, there will always be the UHNW individuals and billionaires who can still dismiss twitter influencers as twits and think of social-media incomes as chicken-feed but for the average sort of person, its way beyond what many jobs, many other self-employment options or even small businesses will bring. And the overheads are truly miniscule in this case. Read more of this post