“Have you seen that play called ‘Waiting for Godot’?” asked the wealthy man living in the sprawling bungalow next to my house. He was known to speak sparingly and in a cryptic manner when he did. We had just met him at a common friend’s wedding reception. “Have heard and read about it, but never … Read more
It is unusual for a large global investment bank to present research on the psychology of happiness as part of their Global Equity Research. But that is exactly what I found in this attached document from Dresdner Kleinwort Wasserstein. If you are looking for investment related advice, read no further. Also, if you invest in the hope of being financially well-off … Read more
I have often wondered whether financial independence is an end in itself. The goal of financial planning is to basically create a corpus for a goal like retirement. This corpus must replace your current income stream in inflation adjusted terms. And it is all good. Getting out of debt, high rates of savings and investing … Read more