A 30 min movie named "One Idiot" will be broadcasted on CNN-IBM 27th Feb at 5PM and 6th March at 4pm

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 only as much as the blanket allows). Somewhere we squander money for the sake of being trendy.

It’s a film on the theme of financial management. When we are young, we know nothing about how to manage our money, and when we see people who are careful with their money, we laugh at them.”

It is not a documentary film. I found it humorous and interesting. Even there are songs! For a 30 minute film, it has enough substance and conveys well the importance of saving, investing, not being a hard core worshipper of consumption, not having debt, asset allocation, couple of Warren Buffett sayings, how people who look rich need not be rich etc. I enjoyed the movie.

This movies is an initiative from IDFC foundation for awareness..

Also you can watch the same movie on below link on you tube

https://www.youtube.com/watch?v=vU1l1TB7GzI

Comments

Why our Mutual Fund Portfolio needs restructure now ?

Why Mutual Fund portfolio now require restructure …. It is just because of below 3 reasons 1. Introduction of LTCG 2. Categorization of Mutual Fund by SEBI 3. Introduction of TRI (Total Return Index) Introduction of LTCG : That means frequent buy and sell of funds will put you in the trap of taxation and on a long run basis your return will reduce. Because each time you redeem you will pay tax and while reinvesting you need to pay upfront expense (applicable in both regular and in direct). Also we need to stop running behind those funds which are giving best return in recent times by churning your portfolio again and again may become fatal. So now your responsibility becomes more to choose right fund and stick to it for a lengthy duration. Categorization of Mutual Fund by SEBI : After new guideline from SEBI , a large cap should only consist of large cap (no mid and small cap) Similarly s...

Top Tax Saver ELSS fund to invest in 2014

ELSS is Equity Linked Saving Scheme mutual funds which come under 80C for tax savings. ELSS funds offer triple benefits of tax savings, capital appreciation and tax free returns to the investor. Few things you must know: • It is diversified and comes under 80C for tax savings. • The return and dividends for ELSS are tax free like in PPF. • This has luck in period of 3 years unlike in PPF for 15 years. • In the PPF, the investor must make at least one contribution in a year or pay a penalty. However, there is no such compulsion in ELSS funds. • The returns are entirely dependent on market .However Some of the funds have grown 2 times in 3 years and 3 times in 5 years. How you can maximize return from ELSS? • Make it GROWTH option instead DIVIDEND option and choose best performing funds. • Can make it DIRECT plan in order to save commission and other expense but your agent may not like this J • Start through SIP for cost averaging. Let...

How to become CROREPATI guaranteed :)

Crorepati!!!!! Wow J It has been always an aspiration of all of us to become a man of crore… You can become crorepati by · Win a Lottery (not guaranteed) · Marry a super Rich Girl (cool technique but girl may ditch you before marriage Anytime J ) · Inherit from your parents or from any other relative (guaranteed) · Buy a quality share and sit tight (not guaranteed) · ...

thanksinvestor

Search This Blog