MONEY AND TIME

In the previous post we talked briefly about TIME and its importance. The next important thing is MONEY.


In the olden days people give what they have and take what others have in exchange. The concept of money was discovered so that people can exchange anything they want with money. This resulted in the pursuit of money and motivation to get more money so that one can buy what he WANTS.


Money is needed to all. But there are certain things money could not get. Money cannot be ignored; money could not / should not be worshiped--lest one will become a slave and it will control one's life. In adequate quantity, money is your slave; But can one stop at that point? greed takes over until one realizes that he has already into the web of money and has become a slave to it.


Money needs pampering to be with you and grow. It is to be taken care like a rose. It gives good fragrance then. But it is very sensitive. It can go out / decay very fast without even your knowledge. 


MONEY and TIME are two prime factors which propels life on the earth; be it individual, country, household , education...in short in all spheres of life.


Money and time are inversely proportional.  When you keep gaining money you have less time for other pursuits. When you have lot of time in your hands (perceived) you have less money in your hands.


You spend time to get money. You spend money to get time, by purchasing the time of others.


Time is NOT repeat NOT possible to save like A.C current. You can never hold on it. It is SPENT whether you spend it or not.


AVAILABILITY OF TIME 
There are many people who have the time at their disposal for different reasons; like e.g retired personnels, housewives with grown up children, students etc.


They do spend or while away their time in occupations which though boring or perceived to bring  happiness but DEFINITELY not tangible returns.


what to do then?    ...............continued in next post

Inflation-beating bonds: all you wanted to know ...Though not for Sr Ctz

The Reserve Bank of India on Thursday came out with a technical paper on issuing inflation-indexed bonds (IIB) that aim to provide a cover to the debt investment against inflation. A look at what it is, what it means and who should invest. 
What is an inflation-indexed bond? When inflation hits double-digit figure, it is often reported that the real return on fixed deposits have turned negative. The IIBs are bonds that offer to provide protection from inflation to both the interest payment and the principal by linking them to the wholesale price index and are thus designed to cut out the inflation risk of an investment.

How does it work? 

If you are issued an IIB at a face value of Rs 100 with a real coupon rate of 8% and the inflation index goes up by 10%, then the principal for calculating the coupon payout will become R110 and the coupon payment will stand at Rs 8.80.

What benefits does it offer? 
Investors can safeguard their risk of inflation and use it as a risk diversification tool. It will also offer cost savings for the government on account of reduction in coupon payments with lowering inflation rate, elimination of uncertainty risk premium.

Who should buy?
Experts say that this product was needed and long-term fixed deposit investors should have some exposure into these bonds as it is risk free debt asset post inflation. However, considering the fact that the product may have a lock-in of a longer period, experts’ say that senior citizens may not get into it. Also only part of the investible debt asset that can be locked should be invested.

How will it be issued and what will be the tenure of the bond? 
The technical paper has proposed that IIBs may be issued through auction method, a practice similar to the fixed rate bond issues and has proposed to issue IIBs of 10/12 years as the instrument will have more demand in this bucket.

http://www.hindustantimes.com/business-news/businessbankinginsurance/Inflation-beating-bonds-all-you-wanted-to-know/Article1-637984.aspx

ABOUT THIS BLOG

This blog tries to help those who want to spend their time at their disposal in a manner that will not only be interesting, exciting, thrilling, but also profitable.

All of us know, that "TIME" is irrecoverable. Once lost, lost for ever. But all of us talk about, think about it, and do not know how to make use of it. Due to compulsions of living, people do their chores of life both in domestic and official life to eke out a living. We also spend the spare time in entertainment, fulfilling social obligation.

There are times also when we introspect and think why we are wasting out time. How do we spend the time in some manner which would be not only enjoyable but also paying. This feelings is common among students, employed youngsters, housewives, retired personnel and the restless lot of people who always want to do something..

Next post we will see what are the ways / activities people look for in spending the time.

until then......