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Life is very fragile and even more so is health. Most of the times people take life and health for granted and assume that things are always going to be fine and therefore also take planning for life and medical covers very lightly. Life is becoming very dynamic in every sense with each passing day, […]
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A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The scheme is named after Charles Ponzi, who became notorious for using the technique in 1920 in […]
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Year 2000:- Our neighbour Sen Uncle retired after a continuous service of thirty five years in a public sector company. He starts to get a regular pension income for life, which is equivalent to fifty per cent of his last income, subject to revision based on inflation. His net worth consists mainly of his employee […]
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Gold is the in thing today as a safe haven for most investors with continuous appreciation for many years as against a negative or negligible return from equities. However in the recent budget the finance minister has introduced a speed breaker in the former story and given an incentive for the later. Of the many […]
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Just over a year ago Anurag 52, was back to India from his overseas job, happily retired with the idea of spending the rest of his life with wife Parul, a home maker and a shopping freak by nature and son Akash, a top performer, who was in his last year of Engineering. Anurag had […]
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