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Barbie Weds Superman – Wedding of the Century !


wealthymattersLast night I heard confirmation that  Team 2 (consisting of myself and fellow IndiBloggers Akshay Iyer, Leena Singbal, Vanessa Rowe, Subham Singh, Bikash Bhandary, Prashant Kharkhera, Aditi Pathak, Mohit Chabria, Chirag  ) had been judged a winner of the Ad Mad Event at ‪#‎Flipkartkids‬ for our improv perfomance: “Barbie Weds Superman – Wedding of the Century !”.

And the judge was no less than Ace Adman O&Ms Piyush Pandey!(intelligence as per the person shooting the official video.)

Yay !

I played Masoom 05151 and anchored the show we put up. And ‘Barbie Weds Superman – Wedding of the Century !’, is probably how I will always best recall last Saturday’s ‪#‎Flipkartkids event.

Hopefully I can track down photos or even the official video of our performance. IndiBlogger founders and crew can you help?

I initially attended this event to launch Flipkart Li’l Stars – India’s Biggest Online Kids Store, to get some insight into how I could invest in the “Toy Story”. After all we are now an increasingly young nation with a lot of children and parents who are more aware than ever before of toy trends world-over. Moreover we now have greater means to indulge our children. So there must be money to be made in the situation. And I had heard that people from Disney, Mattel and Chhota Bheem were to attend the event. Read more of this post

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5 Financial Homilies To Reconsider


wealthymatters.comFinancial advice always needs to be nuanced.What is good for one person in a certain situation many not be so good for another in a different situation. Unfortunately people are always looking for simple advice and rules of thumb.If we over-generalize on generally sane financial advice we can come to a sorry pass.

Here are some common homilies that need some reconsideration:

1. A house is always a good investment:A house is a tangible investment that you could potentially live in.You could rent it out and make some money.Maybe it will help you save tax.Maybe you could invest in one to save for retirement.Generally saving for a house to live in is good in that it gets a family to start saving.But at the time of buying a house it’s important to remember that you are buying a house and not a home.So do not go sentimental and over pay.Buying a house requires a deal of legwork and hard-headed thinking.Overpay and you will have to worry about the fluctuation in market prices.Try to buy an encumbrance-free house at a discount.It adds a greater measure of safety to your investment.Buy when the markets are down to safeguard yourself.Next how you pay for the house makes a big difference.Try to put down a large payment to save on the total interest you will pay.Shop around for a good loan if you need one.Read the fine print.Check if there is a penalty on prepayment.Lower rates matter.Also check if the interest is calculated on a declining balance.Check for hidden costs starting from the processing fee,the lawyer’s fee and structural engineer’s fee and insurance.When you consider the EMI you want to pay, don’t be too optimistic.Pay increments and bonuses might not come on time.Remember that over longer periods something is bound to go wrong.It’s the way of life.Also if you pay too much of your income into house payments you will not have any money left over to diversify into other assets and derisk your investments. Read more of this post

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