wealthymatters

The Denationalization of Money – Friedrich Hayek

January 29, 2018 Leave a comment

wealthymatters The Denationalization of Money is a 1976 book by Friedrich Hayek, in which he advocates the establishment of competitively issued private moneys.

According to Hayek, instead of a national government issuing a specific currency, use of which is imposed on all members of its economy by force in the form of legal tender laws, private businesses should be allowed to issue their own forms of money, deciding how to do so on their own and have the currencies compete for acceptance. Read more of this post

Filed under Alternative Assets, Theory Tagged with basket of commodities, cryptocurrency, Denationalization of Money, Denationalization of Money: The Argument Refined, Friedrich Hayek, postaday, private money, stability

Tax Savings And Products From Life Insurance Companies

January 29, 2018 Leave a comment

wealthymatters Insurance companies provide insurance and that’s very important in itself. But long after some people have met their safety needs and perhaps even accumulated so much wealth and secured it in a way that makes life insurance plans to provide for bereaved dependents superfluous, you find them still opting for investments in products from life insurance companies….Ever wonder why ?The answer is that, never mind what most run-of-the-mill financial advisors say, a FEW of these plans do provide excellent returns, and help create wealth, provided a person is wealthy enough to be able to wait the decades to realize the benefits of these returns or better still think in multi-generational terms. Further, intelligently played , these products offer a way of mitigating the risk of falling interest rates on savings that all of us face. Next factor in tax and the numerous tax advantages products from life insurance companies offer and you start seeing the wisdom in what these wealthy people do.

Aegon Life has published a tax guide on it’s website to help you explain all things related to taxes and tax-planning.

However, if you’d like to educate yourself in peace before dealing with any sales pitches, here’s what you need to know: Read more of this post

Filed under Paper Assets, Tool Kit Tagged with Aegon Life, deduction limit, life insurance, postaday, Section 10(10)D, section 80C, Section 80CCC, section 80D, tax savings insurance, tax savings using insurance products, ULIPS

Planning to Retire This Year? Here is How You Should Prepare for the Next Tax Season

January 29, 2018 Leave a comment

wealthymatters It is crucial to invest your retirement corpus diligently. Before you make your investment decisions, evaluating and analyzing different options is beneficial. You do not want to speculate your retirement corpus. You may prefer earning slightly lower returns for the security of your funds.

Your primary objective is to generate fixed income through your limited savings. The first step is to collect all your funds from instruments, such as gratuity, Public Provident Fund (PPF), savings bank accounts, equities, fixed deposits (FDs), and insurance. Read more of this post

Filed under Tool Kit Tagged with best tax-saving options, capital safety, DDT, dividend distribution tax, EEE - excempt excempt excempt investment, ELSS, equities, equity-based balanced mutual funds, Equity-Linked Saving Schemes, Fixed Deposits, gratuity, how to invest your retirement corpus, Inflation, Insurance, life expectancy, MF-MIP, monthly post retirement expenses, mutual fund MIP, Mutual Funds, POMIS, Post Office Monthly Income Schemes, postaday, PPF, Public Providend Fund, retirement investment options, savings account, savings bank account, SCSS, Senior Citizen Savings Scheme, tax free retirement investment options, tax saving mutual funds

Branded Reality

January 19, 2018 Leave a comment

Construction is something of a commodity business and as in all commodity businesses, its hard to maintain margins. So how to reality companies increase their pricing power?

Enter Branded Reality.

1)So for reality companies the first order of things is to create a strong and recognizable brand as it increases customer confidence, influences the buying decision and shapes the ownership experience.

2)Then to increase brand visibility ,a common strategy is to pursue the achievement of firsts :

So they compete to build he world’s tallest residential tower,the first greenfield smart city in the country, bring in designs by Casa Armani, Trump, Philippe Starck, Jade Jagger, Kelly Hoppen, Greg Norman etc to local markets etc. etc. etc. Read more of this post

Filed under Alternative Assets, Entrepreneurship, Tool Kit Tagged with brand visibility, branded reality, branding, Greg Norman, hospitality approach, iThink, Jade Jagger, Kelly Hoppen, Lodha Group, luxury, Palava City, Philippe Starck, Poggenpohl kitchens, postaday, real-estate marketing, smart city

The $10K Per Ounce Figure

January 5, 2018 Leave a comment

wealthymatters Gold bugs tend to get long term trends right.

They however routinely make the mistake of thinking that others are as cautious, prudent and willing to err on the side of caution as they themselves.

Most of the world is not.

So their scenarios tend to pan out, but not before may others have been acclaimed right and then proven wrong by time.

Read what Jim has to say and think about it if ever you are contemplating getting rid of old gold stocks and going gold free. But don’t waited with baited breath to realize such prices either.