You have to build a retirement nest egg that can sustain your expenses through the rest of your life and your partner’s. This is a complex topic by itself, but the principles that determine the size of the corpus are your spending pattern, the rate of inflation and the manner in which you invest those savings when you retire, and the number of years that you want the corpus to last. An illustration is included here. … [Read more...] about How much money do you really need to be financially independent?
Fun house its a whole lot of fun
In 2011, Eric Ries published The Lean Startup, a manifesto that called for continuous innovation through the use of minimally viable prototypes presented to real customers in the real world. When corporate America caught wind of Ries’s ideas, he began acting as consigliere to C-suite executives, and it was in those corner offices that he was, to his own surprise, radicalized. “You can’t find anyone to speak well of our current market construct who actually has the job of making anything in this world,” he says. During today’s COVID-19-induced recession, the topic only feels more relevant. “There’s been this outsourcing and hollowing out of our institutions, driven by short-term metrics,” he tells me, citing it as a blight on “our entire civic fabric.” … [Read more...] about If entrepreneurs and VCs want to build, we first need to rebuild financial markets
CCRI reported decent 1Q numbers led by healthy volumes despite impact of Covid-19 pandemic indicating signs of revival in economic activity. However, the company did indicate that competition intensity continues to remain high primarily from private players resulting into lower realization. Further, as a move to focus on profitability, CCRI handed over 17 loss-making terminals to Indian Railways while shifting volumes to its nearby terminals. Management retained its earlier guidance of 20% decline in handling volumes for FY21E. We believe CCRI’s unmatched presence across the country as compared to its peers coupled with positive long-term industry prospects would support its prolonged growth and help maintain its market leadership. We remain positive on the structural growth story considering 1) continuous market share gains in the domestic segment 2) strong EXIM volumes, 3) new strategic initiatives and 4) expected pick-up in economic activity. … [Read more...] about Buy Container Corporation of India; target of Rs 468: Prabhudas Lilladher
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Mahanagar Gas; target of Rs 1226: Prabhudas Lilladher
In the circumstances highlighted above, it would appear a fair argument that the state should move to a city that does not have the disadvantages of Mumbai and can provide an improved and inclusive working atmosphere. The city to select should be more centrally located, have a nicer weather, well-connected by land and air and decently provided for the living population. … [Read more...] about Seven reasons why Maharashtra should have a new capital