Happiness Matters

Article 15 (1) of Indian constitution states: The state shall not discriminate against any citizen of India on the ground of sex! This is on legal paper. Let's look at the following on what happens in practice. Irrespective of economic, social, geographic location within India, if we take out a sample of true representation of this country the stages are more or less the following: Before a child birth: Everybody praying to God - " God please give us a son who can carry forward our family name and take care of us in our agile phase!" Reality shouts: " Who will carry the baby inside the body for 10 months? Your son? Or his wife?"                          "Who has created this system of carrying forward the family name? And why the hell does it matter? Do you still belong to the stone age where you need to increase the member of your clan so that you have more man power to fight with t...

What is Bond? In order to raise funds, corporate or government organizations take loan from investor. The investor gives loan to them and in return purchases the bond. The investor buys the bond and the money that they pay for the bond are used by the organizations to utilise in profitable projects. The investor will receive regular interest payments from the issuer until bond matures. Another way to earn money from the bond it to sell the bond at a higher price. Lets look at the following examples. Example 1: In order to publish a promising book, I need money. I would take it as a loan from my friend A. A would lend me the money and in return would buy bond with a maturity date. This means A would ensure that her money would be repaid at the maturity date and also she would earn interest at regular intervals from me till before the maturity date. Another way of earning money for A would be to sell the bond at a higher price to someone else. If that other person...

I will talk about trading in this blog. But before that I would like to share few tips of Mr Robert T Kiyosak, the author of the famous book "Rich Dad Poor Dad". He said the best way to create wealth is to diversify your portfolio, do all the following: 1. Be the best performer in your job and get the highest hike and fattest pay check 2. Invest in real estate not just for staying purpose, but derive money from those, either by renting out those places or by selling at more than double price (in order to do the  second you need to buy house in a developing area and not a developed area) 3. Start a self sustaining business - by self sustaining it means where your little or negligible intervention is required 4. Invest in stock or do trading Let's start with trading. To get the basic idea of trading please read my blog "The Next Best Thing To Earn Money" ( http://twisadandapat.blogspot.com/2015/05/while-you-are-running-after-getting.html ). Few of my ...

When it regarding investment the first thing that comes to our mind is, we should get more by investing less and of course it has to be sure shot return. This blog talks purely from the investment perspective and doesn’t consider the utility of the money that is being invested. Confused? Well let’s say you are planning to buy a house. What should you consider? Firstly of course the utility of the house i.e how may years you can stay in that home. Second stage of consideration would be the valuation of that property after few years from now. This you should be knowing not because you want to sell the house but because you should be knowing the net worth of your asset. Since we cannot quantify the utility part, we won’t be discussing that. Also, the utility perspective will vary from person to person depending on their priority and life stage. Let’s get started answering the question – Where should you invest? You should have diversified portfolio. Which means you shou...

“Money is not about how much you earn, but it’s also about how much you save.” General human tendency is to splurge when you have a huge sum in your account, for example think about how much you spend on your salary day or first week of your salary day and how much you spend on the last day of the month. Why does it happen that on the last week of every month your ability to spend money decreases? Or let’s say when it comes to going to a movie show you tend to book the most expensive seats but mostly you stop yourself from imagining while it comes to buying the most expensive flat in the town? Let’s begin with the monthly salary thing. Have you noticed that towards the month end your “need” to buy a dress, or ordering food or riding Ola decreases while these needs are at priority when the month starts. We get all kinds of discounts pop ups in the beginning of the month which make us believe if we spend now, then it’s saving for us. The fact is that with money comes the unnece...