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Showing posts from May, 2011

Is Personal Finance stale?

This is a rant; as a blogger for over three years now, I think I have a right to rant occasionally. There is not shortage of myths; this much I can tell you for sure. As a journalist covering personal finance, especially mutual funds, for the past 10 years, I should know. Ofcourse, new developments do not take place in the PF space everyday, especially in any one given beat, say, MFs that I cover. Often, people- especially fellow journalists (and this is where it kills me that the myth exists in ur own community rather than outside)- misunderstand or rather blatantly assume that things get repeated in the PF space. The same-old tale of asset allocation, invest in equities for long run, why you should invest in MFs and so on are repeated like 10 times in a year, they feel. Hence, a PF journalist leads a cushy life at work; if you don't have an idea, just pick an old story and recyle and voila, there's a 'new' story, they say.

Without going into a length tirade, here'…

The Best Way to go to Poona

Trips to Poona are always looked forward to. And ever since the Mumbai-Poona expressway was thrown open to public, an endless supply of seats on the buses and taxis are hawked 24/7 at Dadar. But my favourite way to go to Poona has always been- and will always be- by train. Nothing compares to the excitement of the age-old (but still looks fresh) drill: to reach the station in time, locating your train standing pretty on one of the numerous platform, then locating your compartment, checking your name on the reservation chart (even though you know you're dead sure it's there because naturally you have reserved tickets and that too in your hand), and then finally  entering it amidst countless stares from co-passengers who are already smugly seated inside as if to say "hah, we beat you to it!".   
Earlier I used to take the Indrayani Express that leaves Mumbai VT at 5.45 am. That was a time when waking up at 4.30 am at home was acceptable. Today, with my work life taking …