The Curse Of Overconfidence in Investing!
I remember an old saying from my college days, “Confidence is I can Kiss My Girl Friend” But believing that, “Only I can Kiss my Girl Friend is Overconfidence.” They say, “Confidence is good but Overconfidence always sinks the Ship” and the first thought that comes into our mind is the Sinking of the Titanic. […]
The Importance of the Union Budget?
In accordance to the Constitution of India’s Article 112, it is necessary to present a budget before the House of Parliament and get it approved before the beginning of every financial year. The word “budget” is derived from the French word “Bougette” which means “Small Bag”. It is adopted from the British, who used to […]
Investment on AkshayTritiya
AkshayaTritiya is celebrated on the third day of the bright fortnight in the month of Vaishakha.Aksaya (Sanskrit) means inexhaustible, that which never lessens or deteriorates. AkshayaTritiya is one of the most auspicious days in the Hindu calendar and is considered ideal for the start of new ventures and investment. AkshayaTritiyahas many tales and lores associated […]
Financial Lessons from Holi !
Mark Twain, “A year has 365 days but India has 366 Festivals” Every celebration centers around the rituals of prayer, seeking blessings, exchanging gifts and goodwill, sharing, music, dance & feasting. In essence, the festivals teach us to Celebrate Life. Any excuse to celebrate is good, because the nature of our spirit is celebration. Holi […]
Money is a means, not an end!
I can recollect hundreds of people who have amassed a lot of wealth and still are not able to enjoy the benefits. They do not use it for any constructive purpose, not even for improvement of their standard of living, or for their family. Their corpus is beyond what they require and may last several […]