Ten steps to reach your dream goal


Ten steps to reach your dream goal

Everyone follows different paths to reach their financial goals. While some prefer to invest in ‘safe’ assets others prefer riskier alternatives, and many believe in putting off larger expenses till their goals are met. No matter which method is used, there are some basic areas that need to be addressed to meet one’s financial goals.

Define financial goals – Goals should not be vague such as retirement or a better home. It should be specific, say, “I need to save Rs 5 crore for my retirement” or “I want to buy an independent 3 bedroom house in XYZ area”. The clearer the goals, the easier it is to plan and achieve them.


Create a financial plan - Review current investments, insurance, and other assets before making the plan. Decide on the investment avenues that will be used to achieve the goal. This will be based on your risk profile, age, earning capacity, tax bracket.


Risk tolerance - Do an assessment of the level of risk you are willing to take. Typically, higher risk assets yield higher returns and vice versa. If you are able to get a good night’s sleep while investing in riskier assets, then equity-based products are a good option, else it is better to invest in safer debt-based investment products.


Make a budget - This is one of the most important steps towards achieving one’s financial goals. A proper budget will help in ensuring that savings and investments are done regularly as well as keep unnecessary expenses and debt at bay. It is important to check the budget on a weekly and monthly basis to see if your expenses are within the budget or if they have gone over your income.

If you are in the green (income is greater than expenses) then your budget is working for you, but if you are in the red (with expenses more than income), then it is time to rationalise spending.


Automate Investments - It is advisable to invest on a monthly basis (through a systematic investment plan), as this will give one the double benefit of regular investment, or discipline in investments, and compounding. It will also negate the need to time the markets. Ideally, you should automate this process by a direct ECS transfer to avoid any last minute delays in investing.


Invest from an early age - Starting to invest early will give you the benefit of compounding. An additional few years will result in substantial difference in the value of the investment over a period of time. For example, if investor A starts investing Rs 50,000 per year at age 30 and investor B starts investing the same amount at age 35, when they both reach the age of 55, investor A has a corpus of Rs 61 lakh while investor B has only Rs 40 lakh (assuming both earned 8 per cent interest per annum). This shows that even a few years can make a substantial impact in the long run.


Diversify - Always seek to diversify portfolio, since one asset class could perform well, while others are posting low returns. Diversifying can help in reducing the risk in the portfolio, and give better returns over the long run. Ideally, your portfolio should be a mix of debt, equity, real estate, and commodities.


Time horizons - When making investments, time horizons need to be kept in mind. It is advisable not to invest money that is required for short term needs such as purchasing a car or digital camera, spending on a vacation, and such in equities as these are riskier in the short run.

Long term investment goals can be met with riskier assets, as over the long run equities are likely to give better returns.



Emergency fund - This is an important aspect of financial planning. You should always keep aside some money for emergencies in a liquid form (ideally in cash in a separate savings account). Ideally you should save four to six months’ of living expenses in this account.


Review - It is crucial to regularly review the portfolio, as what is a good investment today might not be the best investment a year or two hence. You can either monitor and rebalance the portfolio on a yearly basis, or based on the values of various asset classes in the portfolio.

News Is Bad For Your Brain


News is bad for your health. It leads to fear and aggression, and hinders your creativity and ability to think deeply. The solution? Stop consuming it altogether
In the past few decades, the fortunate among us have recognised the hazards of living with an overabundance of food (obesity, diabetes) and have started to change our diets.
But most of us do not yet understand that news is to the mind what sugar is to the body. News is easy to digest. The media feeds us small bites of trivial matter, tidbits that don't really concern our lives and don't require thinking. That's why we experience almost no saturation. Unlike reading books and long magazine articles (which require thinking), we can swallow limitless quantities of news flashes, which are bright-coloured candies for the mind.
Today, we have reached the same point in relation to information that we faced 20 years ago in regard to food. We are beginning to recognise how toxic news can be.

News misleads.


Take the following event. A car drives over a bridge, and the bridge collapses. What does the news media focus on? The car. The person in the car. Where he came from. Where he planned to go. How he experienced the crash (if he survived). But that is all irrelevant. What's relevant? The structural stability of the bridge. That's the underlying risk that has been lurking, and could lurk in other bridges. But the car is flashy, it's dramatic, it's a person (non-abstract), and it's news that's cheap to produce.
News leads us to walk around with the completely wrong risk map in our heads. So terrorism is over-rated. Chronic stress is under-rated. The collapse of Lehman Brothers is overrated. Fiscal irresponsibility is under-rated. Astronauts are over-rated. Nurses are under-rated.
We are not rational enough to be exposed to the press. Watching an airplane crash on television is going to change your attitude toward that risk, regardless of its real probability. If you think you can compensate with the strength of your own inner contemplation, you are wrong. Bankers and economists – who have powerful incentives to compensate for news-borne hazards – have shown that they cannot. The only solution: cut yourself off from news consumption entirely.

News is irrelevant.


Out of the approximately 10,000 news stories you have read in the last 12 months, name one that – because you consumed it – allowed you to make a better decision about a serious matter affecting your life, your career or your business.
The point is: the consumption of news is irrelevant to you. But people find it very difficult to recognise what's relevant. It's much easier to recognise what's new. The relevant versus the new is the fundamental battle of the current age. Media organisations want you to believe that news offers you some sort of a competitive advantage. Many fall for that. We get anxious when we're cut off from the flow of news. In reality, news consumption is a competitive disadvantage. The less news you consume, the bigger the advantage you have.

News has no explanatory power.


News items are bubbles popping on the surface of a deeper world. Will accumulating facts help you understand the world? Sadly, no. The relationship is inverted. The important stories are non-stories: slow, powerful movements that develop below journalists' radar but have a transforming effect. The more "news factoids" you digest, the less of the big picture you will understand. If more information leads to higher economic success, we'd expect journalists to be at the top of the pyramid. That's not the case.

News is toxic to your body.


It constantly triggers the limbic system. Panicky stories spur the release of cascades of glucocorticoid (cortisol). This deregulates your immune system and inhibits the release of growth hormones. In other words, your body finds itself in a state of chronic stress. High glucocorticoid levels cause impaired digestion, lack of growth (cell, hair, bone), nervousness and susceptibility to infections. The other potential side-effects include fear, aggression, tunnel-vision and desensitisation.

News increases cognitive errors.

News feeds the mother of all cognitive errors: confirmation bias. In the words of Warren Buffett: "What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact." News exacerbates this flaw. We become prone to overconfidence, take stupid risks and misjudge opportunities. It also exacerbates another cognitive error: the story bias. Our brains crave stories that "make sense" – even if they don't correspond to reality. Any journalist who writes, "The market moved because of X" or "the company went bankrupt because of Y" is an idiot. I am fed up with this cheap way of "explaining" the world.

News inhibits thinking.

Thinking requires concentration. Concentration requires uninterrupted time. News pieces are specifically engineered to interrupt you. They are like viruses that steal attention for their own purposes. News makes us shallow thinkers. But it's worse than that. News severely affects memory.
There are two types of memory. Long-range memory's capacity is nearly infinite, but working memory is limited to a certain amount of slippery data. The path from short-term to long-term memory is a choke-point in the brain, but anything you want to understand must pass through it. If this passageway is disrupted, nothing gets through. Because news disrupts concentration, it weakens comprehension.
Online news has an even worse impact. In a 2001 study two scholars in Canada showed that comprehension declines as the number of hyperlinks in a document increases. Why? Because whenever a link appears, your brain has to at least make the choice not to click, which in itself is distracting. News is an intentional interruption system.

News works like a drug.

As stories develop, we want to know how they continue. With hundreds of arbitrary storylines in our heads, this craving is increasingly compelling and hard to ignore.
Scientists used to think that the dense connections formed among the 100 billion neurons inside our skulls were largely fixed by the time we reached adulthood. Today we know that this is not the case. Nerve cells routinely break old connections and form new ones. The more news we consume, the more we exercise the neural circuits devoted to skimming and multitasking while ignoring those used for reading deeply and thinking with profound focus.
Most news consumers – even if they used to be avid book readers – have lost the ability to absorb lengthy articles or books. After four, five pages they get tired, their concentration vanishes, they become restless. It's not because they got older or their schedules became more onerous. It's because the physical structure of their brains has changed.
If you read the newspaper for 15 minutes each morning, then check the news for 15 minutes during lunch and 15 minutes before you go to bed, then add five minutes here and there when you're at work, then count distraction and refocusing time, you will lose at least half a day every week. Information is no longer a scarce commodity. But attention is. You are not that irresponsible with your money, reputation or health. Why give away your mind?

News makes us passive.

News stories are overwhelmingly about things you cannot influence. The daily repetition of news about things we can't act upon makes us passive. It grinds us down until we adopt a worldview that is pessimistic, desensitised, sarcastic and fatalistic. The scientific term is "learned helplessness". It's a bit of a stretch, but I would not be surprised if news consumption, at least partially contributes to the widespread disease of depression.
Finally, things we already know limit our creativity. This is one reason that mathematicians, novelists, composers and entrepreneurs often produce their most creative works at a young age. Their brains enjoy a wide, uninhabited space that emboldens them to come up with and pursue novel ideas.
I don't know a single truly creative mind who is a news junkie – not a writer, not a composer, mathematician, physician, scientist, musician, designer, architect or painter. On the other hand, I know a bunch of viciously uncreative minds who consume news like drugs. If you want to come up with old solutions, read news. If you are looking for new solutions, don't.
Society needs journalism – but in a different way. Investigative journalism is always relevant. We need reporting that polices our institutions and uncovers truth. But important findings don't have to arrive in the form of news. Long journal articles and in-depth books are good, too.
I have now gone without news for four years, so I can see, feel and report the effects of this freedom first-hand: less disruption, less anxiety, deeper thinking, more time, more insights. It's not easy, but it's worth it.


What to Learn to Become a Great Manager?



Delegating : Learn how to choose what to delegate, match employee and delegated assignment, and set the stage for success by both developing your employees and freeing up your time for critical managerial tasks.



Goal Setting : Learn how to set realistic goals, prioritize tasks, and track milestones to improve performance and morale.



Managing Upward : Learn insight into developing a mutually rewarding relationship, with skills for communicating and negotiating with your manager, presenting problems or opportunities to your supervisor and accepting responsibility for your proposed actions.



Meeting Management : Learn about planning and conducting meetings from start to finish; preparation, keeping the meeting on track, and follow-up and dealing with problem behaviors exhibited by meeting participants. 


New Manager Transitions : Learn what it means to be a manager, as well as how to navigate the complex and often stressful transition from individual contributor to a new manager.


Presentation Skills : Learn about preparing and delivering presentations that command attention, persuade, and inspire, rehearsal techniques, creating and using more effective visuals, understanding your objectives and your audience to create a presentation with impact.


Stress Management : Learn the difference between positive stress that enhances productivity and negative stress that breeds tension, lowers productivity, and undercuts job satisfaction, strategies for dealing with underlying causes of worry and stress, tactical coping mechanisms for immediate problem management.


Time Management : Learn how to analyze how you currently spend your time and pinpoint opportunities for improvement, set goals, prioritize tasks, plan your time efficiently using scheduling tools, control time-wasters, and evaluate your schedule once it is underway.


Writing Skills : Learn how to accomplish your business objectives and extends your influence as a manager, create clearer, more effective written communications, guidelines for preparing memos, letters, emails, and other common business documents.



Career Management : Learn how to manage your career--including how to identify your business interests, professional values, and skills in order to target your most exciting career possibilities.
Change Management : Learn how to manage change constructively and navigate the ups and downs that inevitably accompany a change effort.


Coaching : Learn how to strengthen your coaching skills to facilitate the professional growth of the employees you coach.


Developing Employees : Learn how to encourage your employees to learn and grow, while maximizing the return on the management time you invest in employee development.


Difficult Interactions : Learn how to discuss and resolve difficult interactions in the workplace--whether with employees, peers, bosses, or even suppliers and customers.


Feedback Essentials : Learn when and how to give effective positive or corrective feedback, how to offer feedback upward, and how to receive feedback.


Global Collaboration : Learn critical skills required to manage a cross-cultural collaboration, including negotiating, building trust, overcoming language barriers, and navigating the geographical and technological challenges of working across continents.



Hiring : Learn how to identify the particular skill set needed for a job, and then how to research and interview leading candidates until you find the one who best fills your need.



Leading and Motivating : Learn about the essential tasks of leadership: setting direction, aligning people, and motivating others. Learn how to recognize the skills and characteristics of effective leaders, create an inspiring vision, and energize people to support and work toward your goals.



Performance Appraisal : Learn how to prepare for, conduct, and follow up on performance evaluations--in ways that link employee performance to your company's and group's goals.



Retaining Employees : Learn strategies for attracting and keeping top performers, how to handle common obstacles to retention such as burnout and work/life imbalance, and how to develop programs that address the diverse needs and interests of your workforce.

Team Leadership : Learn how to establish a team with the right mix of skills and personalities and create a culture that promotes collaborative work, steps to leading an effective team and includes innovative, easy-to-implement self-evaluation tools.



Team Management : Learn how to diagnose and overcome common problems - such as poor communication and interpersonal conflict - that can impede team progress, learn to take corrective measures to remove team problems and improve team performance.



Virtual Teams : Learn how to create concrete suggestions for forming virtual teams, including assessing their technology and communication needs, structuring the team to build trust, and keeping the team on track

Facts about Lake Superior:
















It contains as much water as all the other Great Lakes

There is a small outflow from the lake at St. Mary's River

There is enough water in Lake Superior to cover all of North and

Lake Superior was formed during the last glacial retreat, making it one of the earth's youngest major features at only about 10,000 years old.


The deepest point in the lake is 405 meters or 1,333 feet.

There are 78 different species of fish that call the big lake home.




The maximum wave ever recorded on Lake Superior was 9.45 meters or 31 feet high.

If you stretched the shoreline of Lake Superior out to a
straight line, it would be long enough to reach from
Duluth to the Bahamas .


Over 300 streams and rivers empty into Lake Superior with the

The average underwater visibility of Lake Superior is about 8 meters or 27 feet, making it the cleanest and clearest of the Great Lakes . Underwater visibility in some
spots reaches 30 meters.


In the summer, the sun sets more than 35 minutes later on the

Some of the world's oldest rocks, formed about 2.7 billion

It very rarely freezes over completely, and then usually just for a few hours. Complete freezing occurred in 1962, 1979, 2003

What is Spirituality?



This is my favourite topic and wants you to read it again and again and get it embedded in your heart and mind. It has a profound effect on our lives if properly understood and practiced with all sincererity and honesty.  


   These are the teachings of Renowned Saints in a nutshell:

The saints do not ask you to give up one religion and join another, nor do they ask you to renounce the world or your family, or change your mode of living. They advise you to live with your wife and children as usual, to carry on your profession and perform all other duties. They only enjoin you some time daily, punctually and regularly to the most important of your duties, which is devotion to God.
    You are to live in the world, but in a sensible way. Enjoy the world and its objects, but realize their true worth. They are meant to serve you. Take full service from them but do not yourself become their slave. Let not your mind be so entangled in attachment to these objects that, instead of being of service to you, they become your master. Live in the world in the most unconcerned way neither should a most expensive gift elate you, nor loss of possessions depress you. Live in the world, but be of God and not of the world. Without actually renouncing, live like one who has renounced it. This is real `Sanyas' (renunciation of the world) and has nothing to do donning a saffron colored robe or other religious garb. How aptly a Hindu Mystic has portrayed it in the following lines:

    Both renunciation and attachment pertain to the mind. Outward forms and symbols have nothing to do with them. Enter the garden of the world. Take a walk in it. Enjoy the fragrance of the flowers. Eat fruits and behold the beauties of the nature, but do not entangled in thorns and prickly shrubs, lest you may get abrasions and wounds.
     Earn wealth honestly and spend it well. It is meant for you. Attend to your work in the day. Day is for work. But at night give some time to devotion and contemplation. Of all that you do during the day, nothing of it is for yourself. Much that you do is for your family and friends.

The Art Work


The history of Eastern art includes a vast range of influences from various cultures and religions. Developments in Eastern art historically parallel those in Western art, in general a few centuries earlier. African art, Islamic art, Jewish art, Indian art, Korean art, Chinese art, and Japanese art each had significant
influence on Western art, and, vice-versa.















How To Download an App from Google play Store On Your Android Device

How To Download an App from Google play Store On Your Android Device

In order to download an app from Google Play Store, you must have an Gmail account that will be used on play store app. However, In this post I shall tell you about downloading app on your android device. For example, I shall download the “Quran Android App on my android phone.


1. First of all go to the Google Play Store App and open the play store app. This app would be pre-installed in your android device




2. After opening the play store app ( if your gmail account is registered with play store app). Then this screen will appear. (If your account is not registered with play store app, you must register it. Its easy, only have to give email and password).




3. At play store you can choose between different categories under categories tab




4. There is also a tab of “Top Free” apps . Here you can find all the free apps of highest rating. These can be old as well as new.




5. There’s also a “Top New Free”. Here you can find new apps which are of highest rating.




6. Now I should get to the point. To find an app, you can use search option. You can use keywords or any thing related to the app. For example ; for downloading Quran android app, I shall search for “Quran android” in the search box.




7. Now click on the app in search results and then click on “Install” and then click on “Accept & Download” Tab and wait till the app is downloaded and installed on your android device.