Happy Diwali & Prosperous New Year
Wishing You And Your Family A Very Happy Deepawali & A Prosperous New Year!
Have A Sparkling Diwali & A Bright New Year !!!
Warm Regards
Karania Family
Ae Dil Hai Mushkil Review
Rituals Of Kali Chaudas Include Visiting Crematorium or Smashaan. Also One Has To Kill Evil And Laziness.
I Visited Karan’ Johar Movie At The Theatre & Was Disappointed Today By Bollywood’s Laziness. Karan Johar Was Trying To Be Brave In Exploring Mature Relationships But Was Confused & Stuck To Several Stereotypes. Invoking Too Much Bollywood Nostalgia Was Sign Of Weakness.
Anushka Was Good – The Dependable Rahul Dravid. Fawad Was Definitely Wasted. Ash & Ranbir Will Need To Work Harder To Come Out Of The String of Bad Movies – Karan Johar Does Not Help Them.
Foreign Locales, Stunning Lifestyle, Great Music – Was All There But Something Was Missing. The Movie Sounded Fake. The Only Saving Grace Was The Title Song.
I Think Raj Thackeray Actually Was Helping Promote The Movie…….
Ajay Devgan’s Shivaay Was Already Doomed & Cannot Gather Courage To See It….The Movie Poster Always Tell Us Something…
I Saw ‘Court’ & ‘Dhanak’ On Flight A Few Hours Back And Now This…I Pray That Bollywood Kill Laziness & Become More Courageous….Happy Diwali
Dilbert’s Simple 9 Point Investment Plan
Financial Planning and Money is a very important subject. One one hand, people are very casual about this and on the other hand, they over-analyze with complex books and expert advice and long formulas.
Simplicity is often not given the merit it deserves. Dilbert’s Scott Adam has curated the investment wisdom and put it in a simple 9 point plan. And it is very powerful indeed.
Here are the Scott Adam’s 9 Point Investment Plan:
1. Make a will
2. Pay off your credit cards
3. Get term life insurance if you have a family to support
4. Fund your 401k to the maximum
5. Fund your IRA to the maximum
6. Buy a house if you want to live in a house and can afford it
7. Put six months worth of expenses in a money-market account
8. Take whatever money is left over and invest 70% in a stock index fund and 30% in a bond fund through any discount broker and never touch it until retirement
9. If any of this confuses you, or you have something special going on (retirement, college planning, tax issues), hire a fee-based financial planner, not one who charges a percentage of your portfolio
One has to follow the above in the step by step by order. The Indian equivalent of 401K and IRA would be PPF and EPF – not 100% same by near.
The Emerging Ideas In FinTech Space….
The Payment & FinTech Space continues to evolve with lot of new possibilities. The cash payments continue to fall and rise of digital payments continue in UK and developed world. The digital payment offers completely new possibilities and scenarios for the digital natives. Let us look at interesting new ideas and use cases in payments:
Facebook Messenger Bots can now accept payments from customer without leaving the messenger app. This allows Messenger to become a complete commerce platform in itself. With a user base of more than 1 billion people, it can become a significant player. Pizza giant Dominos allows you to order Pizza via FB Bot in US. Indian Mobile Payment Startup Niki helps people in India hail a cab, order food, and pay for laundry or the electricity bill, among other things via Nikibot.
Voice based Payments are here. Speak “Pay $20 To Amy” to Amazon Echo and the payment will be made using Alexa and other technologies. German Digital challenger bank N26 allows its customers to transfer money using Siri. “Siri, Send 21 Euros to Anastasia with N26”. A box within Siri will then appear checking the recipient, the amount and asks for confirmation. N26 also allows payments via iMessage.
Future Is Shining…The next big things in the payment space are the use of APIs, Virtual Reality and Biometrics. Connected Cars and Smart Equipments will make the payments. The refrigerator will buy and pay for the milk. The jury is still out on BitCoin….
Interesting Ideas Are Emerging…DigiSeq has integrated payment, access control and loyalty into one smart wearable device. Universal Basket is a smart idea. It recognises any product on any website and allows shoppers to buy with one ID and shopping profile via a UB-powered website or application. Swedish Payment giant Klarna has got is first big customer in UK – Arcadia Group. Klarna allows customers to try the product and pay later.If customers like the product, they can delay payment for up to three months interest free or start paying off with interest after three months are up. If they don’t like the product, they can send the item back.
Image Credit: Tech Insider.IO & Philips
