Fractional reserve lending and the creation of money by banks is a bedrock of modern economic activity. However, despite its benefits, it’s fundamentally disrespectful and an affront to our sensibilities because it goes against what we’re all taught from a young age – that money is valuable and must be cherished and worked for. People […]
Kinesis: Why I’m Putting Money into Gold
Posted on February 4, 2022 ·
I bought my first two pieces of gold today. I posted it on Reddit and got quite a few entertaining responses :) .Here are pics: Apart from these two pieces, I’m also putting money into Kinesis. A platform that holds your gold in secure vaults around the world, and lets you spend it digitally. The […]
My Net Worth Hits 50 Lakhs! Retire in 3 Years?
Posted on November 19, 2015 ·
A full breakdown of my net worth which has finally crossed Rs. 50 Lakh. I think I can finally start looking forward to my retirement!
Advance Tax – An Indian Freelancer’s Dilemma
Posted on September 10, 2013 ·
I have to pay 30% tax nf my future income for the year in September. How am I supposed to foresee my income before I’ve earned it? Use a crystal ball?
25 Years of Work Remaining :(
Posted on March 4, 2013 ·
I’m set for retirement at 55. But I’m only 30. Good grief I have to work for 25 years more! Impossible. How am I going to manage it?
Saving for Retirement – Year 4. Goal achieved and New goals set!
Posted on September 27, 2012 ·
Year four of my retirement planning sees my goals fulfilled :). So I just doubled them. This is the second time I’m increasing my targets.
My gift to save humanity
Posted on October 29, 2010 ·
How I can use my retirement savings after I die to give humanity the money it needs in the future to get off our planet Earth when the time comes
Saving for Retirement – year two
Posted on September 10, 2010 ·
Snapshot of my finances and how they contribute to my retirement goals. The new DTC may have some impact with the removal of ELSS schemes, but not much I think.
PayPal sending cheques to Indians – Did I wake up fifteen years ago?
Posted on July 28, 2010 ·
There’s no way we can accept cheques (checks) as a valid way of withdrawing money from our PayPal accounts. This is the 21st century and we should get better service.
Worries over new DTC (Direct Tax Code) Law – Equities vs NPS
Posted on June 16, 2010 ·
Why the Direct Tax Code (DTC) worries me and how it’ll affect my equity mutual fund investments. Examines alternatives like the New Pension Scheme (NPS) and how I want it to allow 100% equity investments