Have you noticed a common theme in all the stories that demonstrate to us the magic of compounding – the recipient in unaware of the existence of the principal amount and oblivious about the compounding magic that happens silently over the years. (Warren Buffet will be an exception !) Then, several years down, one fine morning,…
Tag: Finance
Kids and cash
The kid needed a new pair of shoes. To go shoe shopping, I asked him get the cash from his dad. “How much ?” my husband asked. The kid didn’t know how much to ask for because he knew the kind of shoes he wanted, but he didn’t check their price range. He knew the…
Catch ’em young and teach them equity
Direct equity investment is not everyone’s cup of tea. There are people who understand the risk and take the time and effort to invest in shares with the aim of earning higher returns than the savings bank interest and fixed deposit schemes. Equity is also a hedge against inflation and for those not interested in…
Miles and smiles 