Inflation | wealthymatters

Julius Baer Lifestyle Index

May 29, 2012 8 Comments

The government may publish inflation figures fortnightly,but these are for industrial workers,agricultural workers etc.Inflation obviously varies depending on a persons lifestyle and consumption habits.Have you ever wondered whether there is an increase in the cost of living a luxurious lifestyle?If so by how much?

Now there is a way to answer all these questions.The Swiss Private bank Julius Baer has constructed a Lifestyle Index to capture the rise in price of luxurious living in Asia.

The Julius Baer Lifestyle Index is based on a basket of 20 luxury goods and services that represent discretionary purchases of HNWI in the four major Asian cities: Hong Kong, Shanghai, Singapore and Mumbai. Properties are accorded the highest weight of 30% and cars the next highest weight at 10%.The list does not purport to represent the comprehensive spending patterns of HNWI in the region,but rather an indication of how various items they spend on have risen by. While properties and cars have a combined 40% weight, Julius Baer has given an equal weight for the other 18 items in the index to sum to 60%. Read more of this post

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Investing In Urban Residential Real Estate In India

May 20, 2012 22 Comments

wealthymatters

The travails of the Western world might put a question mark on the expression “as safe as houses”. but in India, urban real estate continues to make sense as an investment option.

Here are the reasons:-

First:In the US, the average members in a household are 2.6. In India, there is an estimated shortage of 21 million housing units and unless there is a dramatic increase in supply, the shortage is not likely to come down because there is a sizeable young population adding to the demand .Also Indians will continue to migrate to cities and 50% of the country will be urbanized by 2044.As families often resort to step-migration many TierII towns will do as well as the major cities as investment destinations.

Second:The high rates of inflation and wage rises are bound to make houses more expensive to build in future.So residential real estate investments are bound to hold their value and possibly continue to give good capital gains. Read more of this post

Filed under Tool Kit Tagged with housing shortfall, Inflation, Investing in real estate, migration, postaday, residential real eatate, section 24, section 80C, wage rise

Inflation Gains Currency

September 25, 2011 4 Comments

These figures are from the ET article Inflation Gains Currency & How!Dated Sept,2011

1.) For the first time India will print as many new 1000 rs notes as 500

2.)For the first time,in value terms,the 1000 rupee notes will account for more money than 500 notes which were the mainstay of high value transactions for some time.

3. )2,000 million i.e. double the number of 100o rupees notes printer last year are to be printed this year. Read more of this post

Filed under Paper Assets, Tidbits, Tool Kit Tagged with 100 rupee note, 1000 rupee coin, 10000 rupee note, 100o rupee note, 50 rupee note, 500 rupee note, 5000 rupee note, Inflation, postaday2011, RandomBlog2011

4 Things That Keep You Poor

September 15, 2011 1 Comment

wealthymatters.com This is a link to an interview of Robert Kiyosaki by Time Magazine: http://www.youtube.com/watch?v=9scDXa-HzSI&feature=mfu_in_order&list=UL .Love the man or not, crucify him for exaggeration and oversimplification,even peddling conspiracy theories but he does often have a couple of good points.At round 1:15 in the video he makes a good point.4 things stop a person from being rich/wealthy,viz.

Taxes
Debt
Inflation
Retirement Plans Read more of this post

Filed under Theory Tagged with consumer debt, debt, Inflation, NPS account, postaday2011, RandomBlog2011, retirement plans, Robert T. Kiyosaki, tax avoidance, tax evasion, tax planning, taxes, Time Magazine, unproductive debt

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