When I look at my feed and statistics, I find a lot of people enter from twitter and are not really subscribed to my feeds ( I need to evaluate how to get you all linked up to my feed in the posts)..
Hence I thought let me quickly do a monthly summary of my posts which some of you might have missed or would find it useful to read it again . I personally believe that reading a post again and again helps get the insights into your consciousness and is very useful. I also use pocket to save the links which I then read once again when I am travelling an in a flight. So here goes.. I hope you find this useful.
Do you give your employees a bonus?
Every year end of dec ( for mnc) or end of March ( for indian companies) we wait expectantly and elate or deflate basis the bonus we get for the year from our organizations. This yearly routine plays extreme emotional games with us.. creating an end of the year reward mechanism for all of the effort we have put in the last year.
Now, in our own organization ( yes- we have our own organization called as "yournameinvestment ltd") our employees ie our investments, SIPs or emi all also wait for their yearly bonuses. However our ceo ie you.. mostly ignore the needs of our employees and do not reward them with any additional money... read here
Coffee can investing
There is a new book on making money , written by saurabh mukherjea who is the lead in ambit capital along with a few others ( pranab uniyal.. he was a colleague of mine way back in 2001.. from black belt to investment guru..wow!).
Take the right portion
When we go to an ice cream parlour, we have the opportunity to try out the different flavours on display to help decide which flavour you would like to eat.
While that is great, have you noticed the size of the spoons that they give you to try out the flavours- small, really small. Even if one tried all of the different flavours ( never tried something like that - am sure the server will be very cross) i dont think you will have a nice fruitful filling ice cream. ...read here
Want to be a millionaire: Dont do anything too exciting
Finance is simple. It is math and unfortunately once you know it's basics it becomes ..boring.
I have personally had many times urges to make more money than what i was making even when knowing i was on track to hit my financial plans. I tried my hand in futures and options trading and failed miserably. I guess i am just not cut out for it. When i bought the stock it fell and when i sold it off thinking i had made a good profit it zoomed onwards.
The biggest trick of financial planning is to start right … read here
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