postaday | wealthymatters

Traveling On A Shoestring Budget

January 10, 2014 2 Comments

wealthymatters

Traveling,especially traveling abroad,can be expensive.And when you are focused on being frugal, building savings or growing capital,you might tend to see taking trips abroad as a needless expense or a luxury to be indulged in at a later date when your financial situation is better.

But this might not be the best line of thought.Aside from the fact that later you might not enjoy the health to travel widely,you may have too many responsibilities that prevent you from taking breaks at will.The most important point however is that traveling broadens your horizons,changes your thinking and builds your ability to deal with people and unexpected situations.It also helps you spot business and investment opportunities.So the earlier you start ,the better it is. Read more of this post

Filed under Tool Kit Tagged with advantages of being well travelled, couchsurfing, investing in travel, postaday, travel as selfdevelopment, traveling on a shoestring budget, Vahishta Mistry

New Year Greetings

January 1, 2014 2 Comments

wealthymatters

Filed under Tidbits Tagged with faith, future is uncertain, Happy New Year, new year greetings, postaday, trust in God

FundsIndia.com Review

January 1, 2014 2 Comments

wealthymatters

I came across FundsIndia a couple of months ago,via their extensive ads on Indian financial blogs.A bit of asking and I found out that they were mutual fund distributors.At the time I was like ho-hum,they are another of the lakhs of mutual fund distributors/agents around,perhaps a bit bigger than many others but probably no worse and maybe even better than many.

Personally I am bargain-minded ,so spartan servicing works for me.Also I tend to invest for the long term and small amounts compounded over the long term cause sizable differences in returns ;so I am fanatic about expenses.So direct investments in mutual funds are my thing-Link.So I knew I was never going to use their services to buy mutual funds.But I considered them as perhaps being useful for people who like to indulge in full service and are willing to pay for it.I even considered carrying their ad on wealthymatters. Read more of this post

Filed under Paper Assets Tagged with FundsIndia, FundsIndia Review, FundsIndia.com Review, mutual fund distributors, postaday

NHB Tax-Free Bonds

December 30, 2013 Leave a comment

wealthymatters

The NHB tax-free bonds offering 9.01% for 20 years is a great deal.Going by the status today afternoon round 3,there might not be much scope for anybody to ensure subscription tomorrow.Sorry for the late post.But do try your luck,its worth a little bit of effort to secure an allotment.

Filed under Paper Assets Tagged with government bonds, NHB tax-free bonds, postaday

Sales Nous From Oliver Emberton

December 30, 2013 Leave a comment

A while back I posted advice from Oliver Emberton :Here

Today,there’s a piece from him on sales.Do read.

When I first started a business, I was 21, bald, and had the social confidence of an asthmatic field mouse.

Fortunately I started my business with an ultra-confident Sales Director, who unfortunately turned out to be both hopeless and completely mental. He punched me in the face during our second board meeting.

At one of our first pitches to a prospective client he bragged how he “wasn’t much of a techie” and “didn’t know how to use email”. These were not inspiring words from a cutting edge web design company. Read more of this post