07/09/2008
2 Comments
Random Thoughts

Decision Making

One of the most important qualities that everyone should possess is “Decision Making”.

When you have to make a choice and you don’t make it, that itself is a choice. – William James

The amount of decisions one makes in a day is roughly in hundreds, might be more also. How accurate are we in making decisions. Are we always right? I don’t mean the biggest decisions in your life like what you are going to study? What you want to become after five years or something else. I mean the simplest ones like how many sugar cubes to be added to the coffee? Should I work on this project now or later? Which is the one that I should be doing right now? Continue reading →

Tagged
06/09/2008
2 Comments
Financial Goal

Financial Goal – After 1 week

I hope you remember about my First Financial Goal.

First Week of Struggle:

Nothing great happened. I did not make any money nor lose any money. I am in virtual loss as of now. 😦 Continue reading →

Tagged
06/09/2008
2 Comments
Personal Finance

Sell More

I accidently hit upon this article and it was simply superb. Read it.

http://www.vanityfair.com/culture/features/2006/05/grafter200605?currentPage=all

In this article you will find that an average salesperson who sells peelers makes huge amount of money that he lives in one of the posh apartments in Park Avenue. I always wanted to build a house in Park Avenue in Monopoly game since it gave me the highest rent. I can imagine if one lives in a 3 bedroom apartment in Park Avenue how much money he should be making. Continue reading →

Tagged
05/09/2008
3 Comments
Personal Finance

Insurance

Insurance is a very powerful tool used to leverage the risk. It is a very good approach to always insure against unforeseen conditions.

Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium.

Insurance is a very simple tool and one has to give importance to it. I was thinking about it lately due to my friend, as he was telling me that it was good for him since he had a health insurance which covered him and his parents and when his mom was ill it helped him. There are various insurances for the needs of the people. I am not getting into the details of it. All that I want to emphasize is that it is good to have one and to make you think in those lines as to why insurance is needed or is it really worth it? Continue reading →

Tagged
01/09/2008
1 Comment
Financial Goal

About My Financial Goal

I hope you have visited this link to know about my first financial goal. I wanted to explain more about my goal and how I plan to move forward with my goal.

I have assumed that every week I will make a profit of 10% and re-invest the same amount the next week to continue with my investments. I do believe in value investments but I am not keen on pursing it right now. I prefer to play the game with just calculated risks and also ensure that I take risks to maximum extent and all that I will care about is only my premium amount that I am going to invest in the beginning. I am ready for the kill.

Continue reading →

Tagged
← Older posts
Newer posts →