wealthymatters

The Rarest Of The Rare

November 4, 2013 5 Comments

“Which two persons are rare in the world? One who serves others selflessly without expecting anything in return; and one who is grateful toward anyone who does one a kindness. These two persons are rare in the world. “- Gotama the Buddha

Filed under Theory Tagged with buddha quote, Gratitude, postaday, Selfless Service

Whither Bullion In Samvat 2070?

November 4, 2013 Leave a comment

wealthymatters

Gold has offered negative returns for the first time in fifteen Samvat years.With a price decline of 0.5 per cent or Rs 140 on the last day of Samvat 2069 ( Saturday), standard gold price in Mumbai’s Zaveri Bazaar recorded a 4.7 per cent decline during the entire Hindu calendar year from the level of Rs 31775 per 10 grams a year ago.

Gold offered around 19 per cent returns in 2068 followed by a handsome over 25 per cent positive returns in the previous three years.

With the steepest fall in 15 years, silver with its close at Rs 49795 a kg, offered 20 per cent loss to consumers this year. The white precious metal had offered 14 per cent negative returns to buyers four years ago in 2064. Read more of this post

Filed under Precious Metals, Tool Kit Tagged with Bullion Investment, gold nugget, gold price in the year ahead, historic price of gold on Diwali day, postaday, Vikram Samvat 2070

Famous Garage Start-Ups

November 3, 2013 2 Comments

wealthymatters

Filed under Entrepreneurship Tagged with Amazon, Apple, Disney, Garage Start-Ups, Google, Harley Davidson, Hewlett Packard, postaday

To Study Or Not To Study……That Is The Question.

November 3, 2013 Leave a comment

wealthymatters

The more educated a woman, the higher the salary discrimination she faces at work.That is the conclusion of the report based on the survey prepared by Paycheck India, a research initiative of IIM-A, supported by non-profit organization Wage Indicator Foundation and University of Amsterdam. The all-India survey is based on 21,552 respondents over a period of 7.5 years.

wealthymatters While women with no formal education earn more than their male counterparts, with an increase in educational qualification, the situation reverses. So, women with basic education like advanced certificates or diplomas earn 10% less than equally qualified men, but the wage gap shoots up to over 40% in cases where women have master’s degrees.

The main reason for this is that in India, there is a general perception that a woman’s primary responsibility is unpaid care work, like looking after children and family, and this perception channels them into similar work areas in the labour market, where they are paid handsomely for it. For instance, with no formal education, the average annual income of women surveyed is Rs 1.41 lakh while for men it is 1.26 lakh, indicating women are 11.99% ahead. Read more of this post