Engineer’s Finance
Blog that describes an Engineer’s Finances.
admin
This user hasn't shared any biographical information
Posts by admin
Can I become A Millionaire?
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 [...]
Anything is better than Losing Money
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 [...]
Price Fixing – Part III
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 [...]
Price Fixing – Part II
January 11, 2010 - 11:09 pm
Tags: My View
Posted in Personal Finance | No Comments
Please read Part I before you proceed.
Consider there is a dealer X, he wants to sell the goods to other dealers only. In order that to happen, he sells goods to customer at an inflated rate which is not close to what other dealers are providing. In such a scenario, the customer does not like [...]
Price Fixing – Part I
January 10, 2010 - 11:07 pm
Tags: My View
Posted in Personal Finance | 2 Comments
It is interesting to know that the competitors join hands to ensure they fool the customers. In any market, customer is considered to be the king. But there can be many places where in he is just fooled. Isn’t it interesting? I was wondering whether such things do happen in real or is it only [...]
