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Showing posts from January, 2015

Good days for IT is over for now..You are fired!!!

This will be a long post and require a lot of patience to read,,, Just think about the years 2001-2007 , where IT job was a top pick among Indian graduates due to various reason : Quick money (onsite at USA and other countries) 15-20 % CAGR wage hike every year Companies were getting big deals due to cheap cost advantage over other countries If somebody was losing job , he was trying and getting it in few days with other firm with high CTC J . Now tell me guys does this things hold true in these years in higher probability. I know answer would be NO. In IT your salary is directly proportional to billing rate from customer and we all are cyber coolie.Now a days India is not enjoying any cost advantage while  comparing countries like Brazil,Philippines,China(slow but coming days competition will be more) etc.Even Indian big IT giants realizing that and already set up development centers in china. ex: Infosys .Hence day by day billing rate is decreasing and th...

The Farmer and The Calf: An Investment Story

This story is about a farmer who received a calf from a rich man. Hopeful that the calf will be able to help him have a better life, the farmer did his best to take care of it. But as the calf grew, so did the farmer’s expenses. One day, he said to himself, “I don’t want to wait anymore for this calf to become an ox. I’ll just sell it and buy several sheep which are easier and much cheaper to take care of.”And so he did just that. After several months, he realized that breeding sheep were not as easy as he thought. And so he said to himself, “It takes too long for these sheep to give birth. I better just sell them and buy myself several hens which can lay eggs for me every day.”And so he did just that.The plan worked very well, he was earning good from selling all the eggs. Life improved for the farmer. But after several months, the hens started to lay less and less eggs until one day, the hens couldn’t produce anymore. The farmer was devastated. In his anger, he cooked a...

How to invest in stock market without having a single paisa??

Wow!!! No money still you can invest in stock market ……. Can that be possible……. We have never thought of…… How come that possible??????   Is Abinash getting mad!!!! Yes, guys I know like this lot of questions will come to your mind …… J But yes that is possible…… I am reiterating my words again J You may be a student, businessman or street beggar, still you can invest in stock market without having a single paisa with you ….. J How?????? I will tell you ….but before that I want from you below 3 things: Patience Zeal to learn and earn Discipline in your approach If you don’t have all of the above, then you can refrain yourself from reading this blog! Probably this is not a blog for you!!! So guys , are you all set …. J Let me start: Suppose you are a student and you want to invest in stock market ….. Now your age is somewhere between 12- 15 and you are in standard 6 th or 8 th . Take a notebook which you...