BJP has stopped the Railway Budget. Now this money will go to its Corporate friends. pic.twitter.com/OmZQZpX6NE
— INC India (@INCIndia) September 23, 2016
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Linkfest : September 23,2016
Some stuff I am reading today morning:
L&T Technology Services to list today (Money Control)
How L&T’s Senior Management unethically enriched themselves (BL)
Vodafone pumps in 47,700 Crores in Indian arm (Mint)
Interview with Prashant Jain,HDFC MF (ET)
Stock Review: Cosmo Films (RJ)
You are not as rich as you think (Bloomberg)
Why young people don’t buy cars and apartments anymore (Brightside)
But how much does it cost? (Seth Godin)
Financial Independence is easier as a couple (RetireBy40)
Enemies of investment success (Vanguard)
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Mr. Naik wants you to make some money
Source: ET
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Don’t roll the dice
I keep getting calls from friends regarding investments.
Nearly all of them want that one stock pick on which they can Bet Big (aka all their life savings) and wait for the money to roll in.
My advice to them is the same as what Katusa writes:
Successful investing is a marathon.
It’s not a sprint.
Building long-term wealth for your family comes down to regularly making intelligent decisions that provide a good balance between capital growth and capital safety.
It does not come down to rolling the dice and “going big” on a single stock.
But frankly nobody is interested in listening to sensible advice !
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Better Out than In
Checked for Delhi flight rates till Dec:
TRIVANDRUM – SINGAPORE – TRIVANDRUM = Rs 16,000
TRIVANDRUM – NEW DELHI – TRIVANDRUM = Rs 15,500
— Elder Sisupalan (@hollowmaniac) September 22, 2016