What is it? If you are a member of EPFO, you can now have the option to select a higher pension based on your actual basic salary as of September 1, 2014. According to the most recent policy, older members may seek larger pensions and pay higher EPS contributions at an 8.33 percent rate rather […]
Are you rich or do you just have money? ― Frank Sonnenberg, We all desire to earn more money. The lure of more money endures. What is enough is not in the dictionary or it isn’t easy to draw lines. Personally speaking – Getting stable, having a promising career, building some trajectory – I was […]
To begin with, here is a summary of this book in a sentence: Ten tales, in the form of inspiring parables for the modern man, set in the ancient civilisation of Babylon, the historical cradle of finance. The truth is always in front of us in plain sight; we choose to avoid it. We all […]
Way back in primary school is when I first came upon the phrase, ‘Common sense is not common in people.’ Admittedly, it sounds a little trite any time it’s thrown down in a conversation between grown-ups, but, make no mistake, there does exist an undeniable grain of truth in it. It is this grain of […]
“Nothing will ever separate us. We will probably be married another ten years.” –Elizabeth Taylor, five days before filing for divorce Long-term thinking is easier to believe in than accomplish. Most people know it’s the right strategy in investing, careers, relationships – anything that compounds. But saying “I’m in it for the long run” is […]
Everyone needs a Cheteshwar Pujara in their Investment portfolio. Here’s why. Pujara has always been something of a mystery. A relatively successful cricketer who somehow fails to show up alongside the other names like Virat Kohli, Rohit Sharma, R Ashwin, or even Ajinkya Rahane. Because he isn’t glamorous, it’s easy to forget that Pujara has […]
And so the New Year begins with firm resolutions and high hopes. A client calls. They wish to buy land. They ask us to tell them the state of their investments. Then they ask if they may stop SIPs and pull out some funds to buy land. So I explain the pros and cons of […]