An interesting Commercial...

Nice Video

Anger and its consequences

Found this interesting post as a reply to Mr. Bachan's blog. It was about a gentleman on anger and its consequences. Nice read.

Panchapakesan V Iyer Says:
July 1st, 2008 at 9:45 am

Dear Sire,
Namaskaaram,
The kama and krodha has never done any good to individual or to the society at large. There have been many many precedence in our history & mythology, which repeatedly highlighted the fact that such person perish ignominiously.

I recollect a small story on how Anger and hatred could inflict a invisible wound that would leave scar in victims mind for his lifetime.

“There once was a boy who had a very bad temper. His Father gave him a bag of nails and told him that from now on, each time he lost his temper, he must hammer a nail into their beautiful white picket fence. The first day the boy drove in thirty-seven nails.

Over the next few weeks, he learned to control his anger — the number of nails he hammered daily gradually dwindled down. He discovered it was easier to hold his temper than to go outside and drive those nails into the fence. When he told his father about this, he suggested that the boy now start pulling out a nail for each day that he was able to hold his temper. Finally, the day came when the young boy was able to tell his father that all the nails were gone.

That evening, he took his son by the hand and led him to the fence. He said, “Son, you have done well but look at the holes you’ve made here. Our beautiful fence will never be the same. When you say things in anger to the people you love, they leave deep, ugly holes just like these. It won’t matter how many times you say I’m sorry, the wound will still be there”.

I pray almighty to bestow the moral strength, will-power and peace upon all.
|| LOKASAMASTA SUKHINO BHAVANTU ||

Namaskaaram,

Panchapakesan V Iyer

Thanks for reading..

Pilots missed the station...

On a long journey it frequently happens that you miss the station because you overslept in the bus/train. Have you ever heard a bus driver/train pilot missing a station because he/she slept???

It happened in an Air India Dubai-Jaipur-Mumbai flight that the pilots went past Mumbai to Goa, because they were sleeping... You dont believe me?

http://timesofindia.indiatimes.com/India/Plane_overshoots_Mumbai_as_both_pilots_go_to_sleep/articleshow/msid-3165569,curpg-2.cms

Thanks for reading...

'Opium financed British rule in India'

Amitav Ghosh in his new book says that Opium was the main contributor to the British rule in India. He also says that this led to large scale agriculture imbalance as farmers shifted from food grains to opium cultivation. Lord Warren Hastings also used Opium to balance of trade with China in the 1970s. Its an interesting article. You can read it at http://news.bbc.co.uk/2/hi/south_asia/7460682.stm

Thanks for reading.

Inflation linked salary...

When I was offered the job on campus, the inflation was around 4-5%. I was happy with the package and extremely thrilled with the take home component. I joined the company in May 2008 and the inflation was around 7.92%. This week the inflation is around 11.5%. The only thing that has remained constant throughout has been my salary. It has never increased.

I would strongly recommend that the salary of an individual should be linked to the inflation figures and revised every month. This should be apart from the performance apprisal every half year/quarter. The performance apprisal should not include the inflation component anymore.

Its just a thought from a frustrated mind. Thanks for reading.

Telangana and its problem to AP

Telangana is a dry, semi-arid part of a state which is the only one in the South of India to have the delta of two prominent rivers, Godavari and Krishna. This disparity has resulted in over dependence of one region on the other for necessities. Not to say about the misrepresentation of one region in the corridors of power. These coupled with other factors even resulted in Telanganna becoming a major contributor to the PWG problem in South India.

Till the TDP came to power for the first time in the 80's, Congress was the only major party of AP. TDP came into power with a huge majority and it was a happy ride for them. After coming to power in 1995, TDP ruled for 9 long years. Anti incumbency wave struck and in 2004, it lost badly winning only 49 seats out of 272 odd seats. Even though Congress got a clear majority, a chunk of Telangana seats were won by TRS, a party established with the goal of creating a seperate state for Telangana. As they say history repeats itself, even this party came to power, took up plum positions in the central cabinet and life was back to normal. Nobody cared for the creation of the seperate state.

The current developments in the state of AP is interesting. Either it is the fantasy of a largely unknown leader, who always remained under the shadows of Mr. Naidu to claim his share or is it a well thought out plan of Naidu to dilute the public support to Telanganna. This only time will tell..

ULIP vs SIP

Fresh into a job, I wanted to ensure that my savings gets into the right hands. Hence, I realised that I will do my own research and also talk to the so called Relationship Managers from various fund houses and brokerages.

This particular guy from one of the very aggressive fund house, contacted me and I gave him an appointment. This guy wanted to sell me an ULIP. He was speaking about the spectacular gains and doubling of my investment and all. When I asked him for the charges, he gave me some arbit answers. On further questioning, he said that they get a big commission on ULIPs and hence they want to sell it first. Then he suggested me to go for an SIP into a couple of MFs, say DSP ML 100, Reliance RSF and ICICI Pru Infrastructure.

I suggest to you guys the same thing. In ULIPS the NAV might double in say 3 years, but the charges are way too high than compared to MFs. And who said that a good MF doesnt double in 3 years??

Before doing your SIP do your research well. Once you put your money in a wrong product, then it might be difficult to recover even the capital from it.

Benefits of SIP :

Benefit 1 : Become a disciplined Investor. Investing is a marathon and not a 100m dash ! Do it brick by brick

Benefit 2 : Reach your financial goals. If you want to buy a car and do not know where the down payment is going to come
from, SIP is a perfect tool

Benefit 3 : Take advantage of Rupee Cost Averaging (see example)

Benefit 4 : Take advantage of Power of Compounding (see example)

Benefit 5 : Do all this efforlessly by signing an application form & with ECS

EuroCup 2008 - Austria verus Germany

Austria lost to Germany in the Euro Cup 2008, but they can be happy that they won this match http://www.stuff.co.nz/4585754a18075.html

Apart from the Austrian team, it was a delight for everyone who went to watch this match. At the end of the match, I am sure the traditional shirt swapping was not an option.

One of the players was quoted saying, ""I was supposed to hold the balls but I really have no idea how to do that"

Chinnaswamy Mudaliar says, "She was playing at the wrong place to hold the balls right"

An onlooker says "They might have to work on their technique a bit but it was definitely a rather pleasant game to watch and a very nice version of the 'beautiful game',"

Somnath Banerjee says "This guy is the true football lover. We would like the UPA Government to learn from this. "

At the end of the day, this was a beautiful game for sure.