Droplet Wealth

My Partner called me and told me that we are no different from laymen who know that Short term Interest rates are going to fall. We both know the same and hence we are the same. Yes I would say but only for the sake of that knowledge.                            The 1 Year FD in SBI in 2012 would have fetched a interest of 9.25% per annum but today it fetches only 6.25% and this is of course a grave matter for Fixed deposit holders. Because if they had known the interest rate would fall, they would have bought 10 Year FDs which would have paid the same 9.25 % today instead of ending up getting a measly 6.25 % today. So simple.  Now it is expected that Interest rates can fall further - what do we do? Buy 10 Year FDs and lock the "assumed" higher interest today or Wait for the Interest rates to go up?   Speculate. Speculate. Speculate.  This is where a good financial planner...

                           Being an Indian, I wanted to extract the maximum juice out of my Netflix trial account. I had just completed watching Narcos, All the 3 seasons, 30 Episodes, all done within few weeks amidst a hectic work schedule. Having seen blood and gore, I wanted to wind up my Netfilx experience with something nice and that ended me in watching "Arjun Reddy"                 I had heard of the movie but only as Taboo. Well, let me tell you something, Time justifies a lot of taboos, Time - one hell of a thing it is. The 1st kissing scene, the Director had just nailed it. Money's worth returned.  -------Break-------- I wondered who the director was.  I "Wikipedia-d"  Being a Bhaniya, naturally, my eyes caught this  -  Oh my God! In just about 2 months, an investment of about 4 crores turned out to be 51 cr...