Skip to main content

What will you do if you get a windfall gain?


What will you do if you get a windfall gain, of say USD 1 Million?

Will you continue working or will you retire?

Will keep working but be choosy?

Will you switch to something more "meaningful"?

Will you think of the next 9 million?

Will nothing change in your life?


Comments

Post a Comment

Shop @ Amazon

Popular posts from this blog

Art of question paper leaks

(Following is based upon a real discussion which I had today morning) As I was making efforts to keep myself afloat in the swimming pool, I overheard some conversations - "Puraa paper pataa hota hai, wo to humein mil hi jaata hai ... tab bhi hum nahi padhte hain" . .. and so on The guy who did bulk of talking looked around 15 years old and seemed like quite a spoilt brat. I chipped in with some expert comments and questions - "Which board?" "Kisi bhi board ka" After a minute of chat I gathered that he had just given Class 10 exams in ICSE board and was planning to take science stream(PCM), and he studied in a school (say SKP). He had earlier managed to do the same at his previous school (say CRK). Inquisitively, I tried to gather more information on how he manages to get the paper "Bus kuch nahi, security guard ko paise do. 8th, 10th, 12th ke papers. Wo ek extra copy karaa leta hai. ICSE ke paper out karna sabse easy hai. Koi seal nahi hoti" ...
7 comments
Read more

Somewhere @ Nowhere

Somewhere @ Nowhere Coming soon ... As of now a snapshot at the cover design - (LHS - Back Cover, RHS - Front Cover)
7 comments
Read more

A matter of choice ...

You have 2 options, and you have complete freedom to choose any of these. Each option leads to an outcome which is one of those given below 1. You are happy and everyone believing that you are not and sympathising with you. 2. Everyone believing that you are happy, while in reality you are far being so. Which one will you choose ?
6 comments
Read more

What's the purpose of investing?

"Investment" - This word is much used and often much abused one. One keeps on hearing this almost all the time be it in office or catching up with friends or attending a family functions - almost everywhere. More so when we are fed with lot of information about how one needs to make money work to get more money. However, for a lot of people, the clarity on one question is often lacking - What is the purpose of investing? And even if one knows his/ her purpose of investing, it is often not implemented in real life. For instance, purpose of one's investments may be having sufficient funds in times of need. Yet they may opt for a personal loan when faced with pressing need for money. Based upon my observations, below are some of the most common purpose of investments (in no particular order) I invest because there is some sufficient funds lying with me and I can get great returns. I am investing for some specific goal - buying a house, education of kids, m...
1 comment
Read more