Engineer’s Finance
Blog that describes an Engineer’s Finances.
Blog that describes an Engineer’s Finances.
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May 2, 2010 - 10:29 pm
Tags: Manage Money, Money Basics
Posted in Personal Finance | 1 Comment
Please read Part I
For this purpose banks want to get the money back as soon as possible. If you observe the chain of events, if say one or two defaults still bank will not be losing a great deal of money, its profit might come down a bit. Then why does bank gives long term [...]
May 1, 2010 - 10:19 pm
Tags: Manage Money, Money Basics
Posted in Personal Finance | No Comments
Loans are very common these days. There are various kinds of loans; most common ones are Housing loan, Personal loan, Educational loan, Credit Card loan and Vehicle loan. Except the housing loan most of the loans have a short term period for repayment. It is very critical for the banks to get the money back [...]
January 31, 2010 - 11:29 am
Tags: Manage Money, Money Basics, My View
Posted in Personal Finance | 1 Comment
I have asked this question to myself many a times. When I was a kid, I was asked by my teacher what would I want to become in the future and I remember telling her that I want to become a billionaire. She asked me, “Why do you want to become a billionaire?” I answered [...]
January 13, 2010 - 9:00 pm
Tags: investment, Money Basics, Stock Market
Posted in Personal Finance | 1 Comment
There are many investment vehicles which promise huge returns. Many actually do have that potential and perform as promised and this can be attributed to many conditions. Some call it luck and some call it strategic decision. Whatever is the reason one can attribute to, the end result is that people are making money from [...]
January 12, 2010 - 9:10 pm
Tags: My View
Posted in Personal Finance | No Comments
Please read Part I and Part II before reading further.
Vodafone and Bharati Airtel are two big brands in India. Before Vodafone entering into India, it bought 10% share in Airtel. From Wikipedia, “On 28 October 2005, the Company announced the acquisition of a 10 per cent stake in India’s Bharti Televentures, which operates the largest mobile [...]