Every Single Minute

I propose to take an income no greater than $50,000 per annum! Beyond this I need ever earn, make no effort to increase my fortune, but spend the surplus each year for benevolent purposes! Let us cast aside business forever, except for others. Let us settle in Oxford and I shall get a thorough education, making the acquaintance of literary men. I figure that this will take three years' active work. I shall pay especial attention to speaking in public. We can settle in London and I can purchase a controlling interest in some newspaper or live review and give the general management of it attention, taking part in public matters, especially those connected with education and improvement of the poorer classes. Man must have no idol and the amassing of wealth is one of the worst species of idolatry ! No idol is more debasing than the worship of money! Whatever I engage in I must push inordinately; therefore should I be careful to choose that life which will be the most el...

This subject is nearly endless and my take is that you can first read Arthur Milller's gist of the Bhagavad Gita to get a beginner's view of Indian philosophy . Once you understand the gist ,you can get into a detailed treatise and in this context Swamy Partha Sarathy and Srimad Prabhupada offer a fine picture in terms of interpretations. The Gita is very logically presented and has 3 sections of 6 chapters each . The first 6 speak of Karma Yoga , the next 6 Bhakti Yoga and ends with Gyana Yoga ...the Path of Knowledge.  For topups to this the Vedanta Treatise by Swami Partasarathi is superb and other great readings are the works by Swami Vivekananda and his works on the Vedanta.  The Government of India has now come up with a wonderful website www.vedicheritage.gov.in  You will hear the chanting of the Vedas and almost every literature pertaining to our Vedic Heritage .  I shall often elaborate on the teachings every now and then .  Wish you...

It has been a pretty memorable winter in Kolkata . While the early phase in the first half of December has been pleasant , the chill started picking up from the third week and by the end of December and still onto the third week of January the temperature has often been going below 10 deg C. The night of 25th December has been particularly memorable as we went to attend Christmas Carols and an evening of entertainment by the children of Tollygunge Club. The program was to bring in cheer into the life of orphaned and deprived children and I thought that the gesture was indeed thoughtful. We followed it up with dinner at the Belvedere . This was the restaurant serving Continental food and the same has been relocated to above the clubhouse. Flooring has a reflective marble style and the food has been really improved upon. Coming back to the main theme , I picked up my new car too on December 25th. There was quite a celebration and a small party organized by the distributors of Maruti...

The U.S. economic outlook is healthy according to the key  economic indicators . The most critical indicator is the  gross domestic product , which measures the nation's production output. The  GDP growth rate  is expected to remain between the 2% and 3%  ideal range . Unemployment is forecast to continue at the  natural rate . There isn't too much  inflation or deflation . That's a  Goldilocks economy . https://www.thebalance.com/us-economic-outlook-3305669

https://www.thebalance.com/subprime-mortgage-crisis-effect-and-timeline-3305745 The  subprime mortgage   crisis occurred when banks sold too many mortgages to feed the demand for  mortgage-backed securities  sold through the  secondary market . When home prices fell in 2006, it triggered  defaults . The risk spread into  mutual funds , pension funds, and corporations who owned these  derivatives . The ensuing  2007 banking crisis  and the  2008 financial crisis  produced the worst  recession  since the  Great Depression . June 2004-June 2006: Fed Raised Interest Rates By June 2004, housing prices were skyrocketing. The  Federal Reserve  Chairman Alan Greenspan started raising interest rates to cool off the overheated market. The Fed raised the  fed funds rate  six times, reaching 2.25 percent by D...

 https://www.valuadder.com/valuationguide/business-valuation-three-approaches.html  Assumptions drive your business valuation results To make things interesting, there are a number of ways to measure business value. Why such complexity? Because business value is seen differently by different people. For example, a business owner may believe that the business value is defined by its contribution to the local community it serves. On the other hand, a financially minded investor may gauge a business solely based on its ability to generate desired returns. Business value does not stand still. Market conditions change all the time and business people may see greater value in companies as their fortunes shift. It is common knowledge that competition for private businesses increases when jobs are scarce as more people enter the business buying market in search of income. This tends to drive up the business selling prices. Supply and demand, anyone? What ...

Here are the seven steps in the 1,000 percent formula:   Step 1: Arise Two Hours Before Your First Appointment, or before you have to be at work. Invest the first hour in yourself by reading something educational, motivational, or spiritual. As Henry Ward Beecher once said, “The first hour is the rudder of the day.” When you get up and invest the first hour in yourself, you set yourself up mentally to have an excellent day. You will be more positive, alert, creative, and productive all day long when you start your day by investing the first hour in yourself. If you read in your field one hour per day, that will translate into about one book per week. One book per week will translate into about fifty books per year. Since the average adult reads less than one nonfiction book per year, if you were to read fifty books in your field each year, do you think that would give you an edge in your profession? Do you think that it would move you ahead of virtually everyone else in your b...