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After a lot of deliberations, Sanjeev had enrolled for financial planning services for drawing out a comprehensive financial plan for his family. After several rounds of meetings and data sharing the plan was ready and Sanjeev was extremely pleased with the work done by his planner. Since the implementation was to be done by the […]
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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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How irritating and annoying is this for someone who is earning a decent salary, working with one of the best employers of the world and that too at a senior level, to see his loan application get rejected. Unbelievable!! Isn’t it?? But it actually happened with one of my good friends. The reason quoted by […]
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“You only have to do a very few things right in your life so long as you don’t do too many things wrong.” ~ Warren Buffett Investing sounds very simple – Buy low, sell high and make money. But, practice is different than theory. If it were that simple, everyone would be a millionaire. One of the […]
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If you noticed government is on 5000 horse power engine from last couple of days. They took risk of announcing FDI in retail, curtailing subsidized cooking gas & went ahead with diesel price hike – irrespective of pressure from coalition parties. I always wonder why politicians are not asked to study economics (or may be […]
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