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Tue06182013

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Back You are here: Home Columnists Columnists Jagjit Singh

Chase success or money - the paradox

IS there a direct correlation between success and money? Money is obviously the parameter of success in today’s materialistic world in which comparisons are not made based on position or designation one holds in the society but the amount of money one earns or possesses. It is like a chicken and egg issue.

Spend money on things that make you feel good

MOST of my lessons on money matters promote savings and less spending on your part. But today I am a bit deviating from my traditional path.

‘Debt free lifestyle’ reality or myth!

The moment I pose this question to any ordinary human being, the upfront answer which I am likely to get is - that it is not possible to have a ‘debt free lifestyle’.

Regular monitoring of portfolio is the key!

No one expects their office, company or even house to run on an autopilot, and if it is so then equally no one should expect their investments to monitor themselves either.

When to invest - better now than later!

We often wait for an opportune t i m e when we are expected to have accumulated a sizeable or call it a respectable amount in order to make investment in the instruments of our choice.

While investing - avoid herd mentality!

THERE is a buzz around in the city that the largest and most profitable bank named ‘Star Trust Bank’ is soon coming with an IPO (Initial Public Offer), which most perceive would sell like hot cakes among the investing community.

Money everything - stop before you get hurt!

HOW do we assess a person? Do we judge him by his qualities or we simply assess him by how much money he/ she have amassed? Does this craze for money lead us to some sort of madness? But more than anything else, it is the modern society practices, which are to be blamed for spreading money madness among us.

Your daily expenses - don’t ignore them!

IN simple terms, an expense or expenditure is an outflow of money to another person or group, towards paying for an item or service. In our day-to-day life we often incur various expenses in order to attain a goal or to accomplish a specified purpose.

Principles of prudent investment!

WHETHER you are a retail investor or the institutional one, first thing you would want to achieve is the fastest possible growth of your money? Everyone has two basic expectations - the first one is “Safety” and the 2nd one is “Returns”.