Even a baby will not believe this absurd title !! However, quite contrary to what we imagine, psychologists don’t believe we humans are really as rational as we pride ourselves to be. Daniel Kahneman (Author of Thinking Fast and Slow; a psychologist who won the 2002 Nobel Prize in Economics) divides our cognitive process into: (a) System 1– fast, intuitive…

“A TSUNAMI WHICH WILL WIPE OUT YOUR BANK DEPOSITS “ is the heading of the WhatsApp message (with the link below attached )- a copy of which has been forwarded to me by almost every non-banker on my contact list ‼️ Banking on legislation The recapitalisation of public sector banks (PSBs) through bailouts, be they as budgetary allocation or some sort of…www.thehindu.com **********************************

In India speaking about Death, Sex and Money is taboo. Which could explain why we are possibly the only English speaking country where human beings “expire” while elsewhere they die and only their driving license expires. We just don’t want to acknowledge death which is the reason, not more than…

Budgeting is the only way you can identify wastage, saving opportunities and; appreciate costs verses benefits of the money you spend, Life Goal priorities and also avoid the dreaded debt trap. Budgeting is therefore, the very foundation on which your Life Plan will get built. TO READ MORE PLEASE click on the link below to VISIT MY BLOG What does your "financial snap shot" look like? Check it out ! Income & Expenditure Sheet and Net worth Sheet Despite the drudgery involved, patient budgeting is the only way to come…rajan-ghotgalkar.com

Whenever I have talked with groups of students expecting to get out of University, I am surprised at how any discussion around money quickly came down to “how can I double my money in the stock market?” …

July 12, 2017 The grand old man of global economic journalism seems to be tottering after having stooped low to make a personal attack on the legitimately elected leader of the world’s most populous democracy. It says : India’s prime minister is not as much of a reformer as he seems — But he is more of a nationalist firebrand ; Jun 24th 2017 It begins with a judgment — Quote :“WHEN Narendra Modi became prime minister of India in 2014, opinion was divided as to whether he was a Hindu zealot disguised as an economic reformer, or the other way round. The past three years appear to have settled the…

One thing for sure, corruption is not new in India and nor is it unknown to those western countries which shamelessly point to us whenever the ‘C ‘ word gets taken. I recollect that famous Akbar Birbal story about how no one could prevent a minister in Akbar’s court from…

Some one read the post “All is well in the equity markets — really? is it ?” ( http://rajan-ghotgalkar.com/2017/06/19/all-is-well-in-the-equity-markets-really-is-it/ ) and shot off the below comment. Quote — There is liquidity but no alternative asset to invest, which is making people invest in equity by default and they justify their…

July 3, 2017 This weekend, I had managed to avoid muggy Mumbai by escaping to Sula Vineyards at Nashik. Click here I can now finally get it off my weekend getaway list. It’s very important that I take regular breaks from Mumbai lest I forget what it means to breathe…