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No Chinta Economy

No Chinta Economy

A chauffeur aged 30, with monthly expenses of Rs 20000 and planning to stop working at 60 can maintain his lifestyle till he drops dead at 80 by doing an SIP of Rs 2500 till the age of 60. This is India, a galloping economy presenting opportunities to all; the rich and the poor. All you need to do is start early and provide time to your little Investment. Often we hear people living in first world nations proudly claim that their government looks after it poor. They call it dole, the benefit paid by the state. But is the dole good enough. I seriously doubt; certainly not good enough for maintenance. Walk along the streets of London and Scotland where you’ll never miss the…

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EMI Ka Dard

EMI

He was 30. He decided to take a loan and buy a house like the rest of his friends. For the next twenty years he paid an EMI of Rs.50,000. However, this EMI of his became an impediment in his investment path and because he failed to do an SIP. After 20 years, he at 50 is without a job. He lives in the same house and can’t sell it. Life has come a full circle as he stands at the crossroads of life wondering what to do. A wife, parents and two children with just a house to live and a few lacs in the bank with a long life ahead. These are those rare moments when one wishes for a shorter life. As…

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Education Unplugged

Education Unplugged

Education is unlocking itself due to the internet. The foreign education of the past was a secret formula for a good life. The market perceived it as unique and exclusive and paid a premium. However, today education is unlocked. The secret formula has been divulged. The going to abroad has been largely reduced to a lifestyle experience in most fields. Yes there may be niches where the international input still may matter. I have seen people spend Rs. 2 Crores and return to do a job in India; a job for which one needn’t have gone in the first place. Even the market here no longer pays a premium for phoren return students. A back of the hand calculation for a student who has spent…

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Expensive always isn’t Bad

expensive

THE ROAD TO SHIMLA ON A TYPICAL WEEKEND IS JAMMED BY CARS BUMPER TO BUMPER. THE COST OF HOTELS SHOOTS UP. MALL ROAD IS OVERFLOWING WITH PEOPLE. IT IS NO LONGER FUN AND THIS DEMAND NO LONGER SEEMS SUSTAINABLE. THE INFRASTRUCTURE IS ON THE VERGE OF CRACKING. In stock market parlance, we say the market is expensive because of huge demand (excess liquidity) but limited growth possibilities. Alternatively Shimla can have better road and tourism infrastructure, better hotels, better transportation that provide enormous joy to people. More and more people flock into Shimla. The roads are beautiful and jams have become history. We zip along and reach the hill station without any hassles in less than an hour. We find great hotels available at decent…

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Understanding Caps

Large Mid & Small Cap

The Betaal perched over Vikramaditya demanding he be explained the meaning of the Large Cap, Mid Cap and Small Cap. “Explain or else I will smash your head”, said the Betaal. Vikramaditya then spoke about a master engrossed in identifying his disciple. There was a tall, handsome, intelligent and matured person and also a short, thin and nimble child around the master. After some thought, the master selected the thin and lanky boy over the smart and matured man. When asked to explain his decision, the master said that although the tall and well built man was good and reliable, he couldn’t do much to further his virtues. In comparison the thin and lanky kid appeared more flexible and amenable to change. The master could…

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