thanksinvestor

The movie one idiot that i watched around 3-4 years back and again watched today on you tube .. This movie inspired me a lot about understanding the value and definition of money in real terms.. This movie will be again telecasted on  CNN-IBN coming Saturday, 27 th  February at 5pm. If you miss to watch then also you can watch again on Sunday, 6 th  March at 4pm in the same CNN-IBN. We are today living in a consumerism world where everybody will tell you to how to spend your money. How to split money than SIP (Systematic Investment Plan) Below line Muthu told in his blog for this movie i am just extracting .. i loved these lines personally  " We pointlessly give too much attention to consumerism. We spend needlessly to look more affluent than we are. If we are caught saving we are somehow not part of the ‘in’ crowd. My film is a morality tale based on the 5,000-year old principle of ‘jitni chaadar utni pair phelana’ (stretch your legs...

I read this article 3 months back in money life in a lighter note and thought the situation might not be so bad. After seeing the current quarter results of banks, now I think I must have written this blog long back. If few investor read this blog 3-4 months back , they would not have lost their hard earned money by investing in banks at peak!!!  It really happened to each and every bank is now and they are giving true picture of NPA after RBI come with a stick. The banking sector growth (PAT) had been declined by 14.1% as per RBI Financial Stability Report (Issue No 11, June 2015) Extracted From PWC Banking Analysis. CDR is there for 15 years and it has been provided for banks to distress their loan account taking into account genuine cases. Suppose I took loan 10 crore from bank and now I don’t have money then bank may give 15 years to repay. What will happen if I will not have a genuine will to repay after agreeing with bank and suppose my income will vanish a...