Systematic investment plans (SIP) are coming out as a popular investment option. SIPs involve investment on a systematic basis over a period of time. Under a SIP option, as investor commits making regular investments in a particular mutual fund/deposit. Investing in mutual funds through systematic investment plans is easier and efficient. It helps to grow […]
Yesterday I received free gift coupons of nearly 10 restaurants in Bangalore. These were given to me by my telephone service provider Tata Indicom as a gift. I also won a free tour to 30 exotic locations within and outside India.
This is the first time that I have won something in the past 28 years […]
The Investor Hunt is started. ING-Vysya is sponsoring the first of its kind game show, “The Investor Hunt”. This is a real time stock market game, similar to the games we used to play in B-schools, but this is at a much bigger level, competing against the whole of India.
I am game; I want to […]
Today I took a questionnaire called Risk thermometer. It claimed to provide my risk taking ability. Following are the results for my appetite.
High level of growth on the capital invested. Modest level income stream, High level of volatility
The Chart titled Growth Portfolio; I couldn’t comprehend the graph completely, I feel it depicts the growth […]
This week onwards I am starting Personal Frugality Week I want to live this week as frugal as possible to save the maximum amount by month end. I have observed nearly two heads where I spend the most.
Food
Telephone
Food : I spend nearly Rs 300 each weekend on food. Reason eating out, i.e. Rs […]
Everything has a price. Price may not be always in monetary sense. It can be anything. If I want something, I may need to spend time to achieve that. The price of achieving that something is time. If I am a workaholic and neglect my loved ones, then the price of achieving a career is […]
Today I signed up for a personal accident insurance plan. I received ate sales call insurance soon after I received my Citibank card. “Sir, I am calling from CitiFinancial services, would you be interested in an insurance plan?” and like a typical Indian I said no, to the offer. The sales lady kept calling […]
When I was young my father gave me an advice, and told to remember it always, “ son, earn people over money, with people you can earn, but concentrating on money will never earn you money”.
Today when I think over the statement I find it to be true and false at times. Lets say for […]
I am an impulse buyer and I want to be financially free, for me this phenomenon doesn’t go hand to hand, at least in my early times of working towards my financial freedom.
I am from the typical Indian middle class who is supporting the great Indian Boom on the world map. Like many other; I […]
Abrush, a bucket and an idea came together. Sandeep Gajakas knew it was an inflammable mixture. He was on to something. He would start a laundry service for shoes. His father did not like it, but Gajakas, 26 then, was beyond being dissuaded. The boy who has been a fashion choreographer, event manager and club-level […]
