Post by chyrenselin on Nov 29, 2008 23:56:16 GMT -6
;D
Share market
On seeing the picture one can wonder that they are not born business people who are
doing banking and money lending as a family profession. By investing all their retirement
benefits they may get some money for a short period. Then all on a sudden everything will
come to stand still.
On the same page I have seen that a teacher has earned one crore rupees then lost
everything in this share market crash and suicide himself.(Ahmedabad)
Another lady who has invested thirty lakhs is now receiving a divorce notice from
her husband.(Ahmedabad)
I am repeating the same page I have written earlier now:
How to save money:
In Nagarathar (Chettiar) community of Tamilnadu of India there is a
proverb about saving. (Our Finance Minister Shri P.Chidambaram is from this community.)
One forth to fixed assets. (ie:lands,buildings etc.)
One forth to liquid assets. (jewels, vehicles etc.)
One forth to business.
One forth in hand. (cash,bank balance etc.)
If this ratio is maintained there will not any sudden catastrophe in the life as it
has happened in the life of that NRI Indian who has killed himself after killing
five valuable lives. It is very shame to mention that he is a MBA graduate.
(This is in America by a NRI from Coimbatore India)
My advice to the reader is that don't sell your house for investing in your business.
Even if your business is very prosperous now don't plan to expand it by investing
more by disposing your fixed assets.
During Harshad Mehta scam period in share market so many people (even some
Bank people) had purchased so many valuable shares (even like Unit Trust if India)
by selling their houses or vehicles. But when the market crashed some had finished
their lives for that.
Have a planned life. Have a happy life.
Another Proverb is “Irukkurathai vittittu Parakkurathai pidikkathe” which means
“don't catch the bird which is flying by leaving the one which is in your hand”
As I am being send this advice to various blogs another news flashes in the papers
that one Lakshmi Nivasha Neerusu of Hyderabad India has killed his wife and two
children and disappeared. He was in an American company and lost his job in this
share market down fall.
Be careful in your steps in life.
Share market
On seeing the picture one can wonder that they are not born business people who are
doing banking and money lending as a family profession. By investing all their retirement
benefits they may get some money for a short period. Then all on a sudden everything will
come to stand still.
On the same page I have seen that a teacher has earned one crore rupees then lost
everything in this share market crash and suicide himself.(Ahmedabad)
Another lady who has invested thirty lakhs is now receiving a divorce notice from
her husband.(Ahmedabad)
I am repeating the same page I have written earlier now:
How to save money:
In Nagarathar (Chettiar) community of Tamilnadu of India there is a
proverb about saving. (Our Finance Minister Shri P.Chidambaram is from this community.)
One forth to fixed assets. (ie:lands,buildings etc.)
One forth to liquid assets. (jewels, vehicles etc.)
One forth to business.
One forth in hand. (cash,bank balance etc.)
If this ratio is maintained there will not any sudden catastrophe in the life as it
has happened in the life of that NRI Indian who has killed himself after killing
five valuable lives. It is very shame to mention that he is a MBA graduate.
(This is in America by a NRI from Coimbatore India)
My advice to the reader is that don't sell your house for investing in your business.
Even if your business is very prosperous now don't plan to expand it by investing
more by disposing your fixed assets.
During Harshad Mehta scam period in share market so many people (even some
Bank people) had purchased so many valuable shares (even like Unit Trust if India)
by selling their houses or vehicles. But when the market crashed some had finished
their lives for that.
Have a planned life. Have a happy life.
Another Proverb is “Irukkurathai vittittu Parakkurathai pidikkathe” which means
“don't catch the bird which is flying by leaving the one which is in your hand”
As I am being send this advice to various blogs another news flashes in the papers
that one Lakshmi Nivasha Neerusu of Hyderabad India has killed his wife and two
children and disappeared. He was in an American company and lost his job in this
share market down fall.
Be careful in your steps in life.