Teak Farming Anybody?

September 26, 2013 Leave a comment


wealthymatters

  1. There was an era when people made fortunes supplying teak wood for railway sleepers,
  2. Ship hulls were made of teak wood.
  3. Now wood is mostly used for furniture and paneling by the well to do,

And a lot op people selling teak plantation dreams today are scamsters.However,should the experiments above,capture the fancy of people,there might be a revival in demand for quality timber,Then perhaps it might be a time to get into teak farming,In the meanwhile,we could nurture our existing trees.they might be a source of a windfall a few years down the line and in the meantime you are unlikely to be a loser:Link

 

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Aadhaar Card No Longer Compulsory

September 26, 2013 1 Comment


wealthymatters

I am relieved to find that getting an Aadhaar Card is no longer mandatory.Link.

I am far from enthusiastic about giving  private parties access to my finger-prints and retina scans.Finger-prints are used as evidence in criminal cases.In the days of identity thefts and electronic frauds do I really want my prints to be stored in some database,along with other personal information,ready for some smart hacker to come along and harvest?

A couple of banks and the post office have jumped onto the Aadhaar bandwagon and have been aggressively pushing me to go get an Aadhaar Card.I guess direct money transfers represents big business for them.

However as I receive no doles/subsidies from the government and am concerned with frauds such as this one reported in the press:Link,I have been postponing getting an Aaadhaar card.

Now I’ll be happy to cite this interim judgement of the Supreme Court to any organization pushing me to get enrolled.

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Working The Golf Course

September 25, 2013 Leave a comment


wealthymattersAre you planning on networking over golf?If so,here are some things to remember:

Do Your Homework When Picking Out a Course: It should be one all of you will enjoy. Find out if the course has just aerated the greens. If so, steer clear. Is there major construction in the clubhouse or facilities? Where you choose to tee-off says a lot about how detail-oriented you are at work.

Be on Your Best Behaviour :Sports are revealing, your true personality is bound to show. Do you cheat? Are you a sore loser? Do you want your fellow players to think highly of you? Then put your best foot forward.

Observe Dress Codes :Picking the right outfit is also a test. Don’t be sloppy. Pick a style that works for you out of golf’s many fashion trends .  Read more of this post

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PSU Bank Share Price Axiom

September 25, 2013 Leave a comment


wealthymattersAny state-run PSU bank which gets a new chairman will report a jump in provisioning in the very first quarter of new leadership and will see its profits erode and stock value dip. The standard answer to explain such a phenomenon is that that the balance sheet had to be cleaned up.

You can use this information to make a little money trading or time your share purchase in such a way as to get better rates,

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