Take care of money, as it will take care of you
- IPL spot-fixing case: Net widens, police watching 3 more players, other bookies
- IPL 2013: Imperious Brad Hodge powers Rajasthan Royals to qualifier
- Sonia Gandhi, PM Manmohan Singh slam BJP for disrupting Parliament, stalling bills
- IPL spot-fixing: 'Bookie' Vindoo was close to BCCI chief's son-in-law, say cops
- Jessica Lall case: Shayan Munshi to face perjury trial
Why do we lose money? Why are we generally not happy with our financial decisions? Why did it have to happen to me? Why did it happen when I invested my money? The answer is really simple but it is going to be very hard to digest.
Either we are complacent or just that we do not want to take the effort. This is a plain cold fact. If I had to put a number to this, reasonable estimate would be 10 per cent Vs 90 per cent, ie 10 per cent people are just complacent, while 90 per cent just do not want to take the effort. What makes things worse is that these 90 per cent people want short-cuts. Just quickly give me an investment tip, what's the best investment, what's new these days, where can I get the maximum returns, what is safe but can give very high returns,
I have got so and so investment, what are the prospects, what is the future? These are normally the questions most people want to ask. Everyone wants a quick fix and no one is really interested in spending time or effort. What makes matters worse is manufacturers exploiting this and launching new products regularly.
Ironical that the manufacture now says things like, this product is better than ever before which in other words means what they were selling till now was not so good.
Remember there are no short-cuts and nothing worthwhile in life is ever free. The next time you get something for free, just pause to think if there is really much value, commitment and credibility if you were to act upon that piece of information. Rarely this is true; remember free information in financial matters can be grave. In my view if you want something, you have to work hard for it. Then you have to spend time and money. There is no other way.
- Paddy shortfall blamed for mystery death of procurement officer
- 'Bookie' Vindoo was close to BCCI chief’s son-in-law: cops
- Net widens, police watching three more players, new set of bookies
- Suspected Islamists behead soldier on London street
- Malegaon 2006 case: NIA names four right wing terror suspects
- BJP invokes 'sarcasm, ridicule' against PM