Manoj Arora's Blog, page 14

Universal Basic Income: The ‘free money’ idea

With its own pros and cons, the free money idea is here to stay in the long run. The debates are going to go longer and harder. You will hear more and more about it in the times to come, as AI and Robotics replace more humans.... Read on. What is Universal Basic Income (UBI)? Universal basic income (UBI) is a model for providing all citizens of a country or any specific geographic area

Tree-a-thon Running event by Kalpavriksha - a first of its kind !

Kalpavriksha has been blessed, it seems!  Each year since our inception in 2016, we have been doubling our trees planted, maintained and tracked. But this year, in 2019, we aim to take an even bigger leap, via  our first ever 'Tree-a-thon' sponsored by none other than Radisson Blu. What is special from Kalpavriksha in 2019? Kalpavriksha is organising a half marathon running event in

Tree-a-thon event by Kalpavriksha - a first of its kind !

Kalpavriksha has been blessed, it seems!  Each year since our inception in 2016, we have been doubling our trees planted, maintained and tracked. But this year, in 2019, we aim to take an even bigger leap, via  our first ever 'Tree-a-thon' sponsored by none other than Radisson Blu. What is special from Kalpavriksha in 2019? Kalpavriksha is organising a half marathon running event in

Understanding and Interpreting Company Balance Sheets - with example

Have you ever prepared your personal sheet of Assets and Liabilities to calculate your financial net worth? Yes?  Congratulations ! You already know how to prepare balance sheets. Company balance sheets are just a shade above your personal balance sheet of Assets, Liabilities and net worth...Read on.. Why Balance Sheets are needed? A balance sheet is also known as a statement of financial

What is Buyback of Shares

Did you know that businesses prefer to buy back their own shares paying a premium to shareholders?  Were you aware that just looking at the ratios (like EPS, P/E etc.) without questioning their sudden dip or surge can lead to serious valuation mistakes?  Do you know how business events like Stock Splits, Bonus Shares and Share Buy Backs can instantly influence the financial ratios without

Index Funds vs Actively Managed Mutual Funds

There is an ongoing debate in India about Index Mutual Funds Vs Actively Managed Mutual Funds. Is the debate worth it? Which type of Mutual Funds are better for Indian market? Is Indian market mature enough to switch to Index Funds across all segments of Mutual Funds? Who is the winner? Read on... What is an Index? With thousands of company listed on a stock exchange, it is really hard to

Meet another Freedom Seeker : Deepak Shandilya from Alembic Pharmaceuticals, Hyderabad, India

Last time, we met an energetic and a passionate professional from Bangalore, India : Mr. Rajesh Subramanya who is already on his journey towards financial freedom.  Today, you have an opportunity to meet another young and dynamic Manager from Alembic Pharmaceuticals, Hyderabad - Mr. Deepak Shandilya The response to such posts has been overwhelming. Last time, we met Rajesh Subramanya

A century of Donors, Maiden Award and Much More at Kalpavriksha

It is so important to keep moving. When you show courage to move ahead, milestones are created and achieved on the way ! That is what is precisely happening at our Tree Plantation NGO - Kalpavriksha, as we just completed a century of donors, were recently facilitated by Indian Medical Association (IMA), and are inching closer to 1,000 trees. We know there are many more milestones to come

Income is NOT Wealth

Someone calls you up and says that he earns Rs. 20 Lacs per month. He then seeks your advise on how soon can he be financially free. What would be your answer? Think about it.....1 year, 2 years, 5 years, or may be 10 years....or is it that his income may just not have any correlation with his wealth. A ball held at a height from the ground is said to possess 'potential' energy. Water

Money - My Selfless Servant !

Lot of people confuse financial freedom with money. A financially free life is not about big cars, new gadgets, international travel, needless luxury etc. All this is good and can be planned as a part of financially free life, but there is a much more gratifying aspect to life. I thought I would share 5 such examples to show you how financial freedom positively influences every single day