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RAMC - Pitch to Land Owner

  If you (by yourself or along with other people) own 10 acres or more of agricultural land, which you don’t use and don’t plan to use for 1.        Your personal stay 2.        Industrial purpose 3.        Commercial agriculture as your source of revenue Here is a proposal you may want to consider. We are a rural assets management company (RAMC). Our focus is to manage agricultural land and related assets such that the value of the asset increases ecologically, socially and as a result, financially. We develop agricultural land into food forests and farmlands suitable for natural (aka regenerative, sustainable) farming including water bodies and spaces for living, working and recreation. Know more If you would like to participate in this effort with your land, this is how it can work. You enter into an agreement with the RAMC for development and management of your land. You may ...

How Much Will You Leave Behind?

If you are 40, save ₹ 1 lac pm, have a networth of ₹ 1 Cr, you are likely to accumulate assets worth ₹ 26 Cr at 60 assuming that your savings increase by 10% pa and your assets grow at the same rate.  Is this sufficient to meet your expenses post earning years?  Let’s say you estimate that your expenses are going to be ₹ 80k pm at current prices (your estimate is based on the assumption that you will not have to spend for your children, your lifestyle would not be as glamorous, you may decide to move to a smaller, quieter place etc). Assuming 10% inflation, your expenses at age 60 will be ₹ 5 lac pm. Continuing with the assumption that your assets grow at 10% pa and so do your expenses, you will have adequate money till the age of 100. If you estimate your life expectancy as 95 years, you will leave behind assets worth ₹ 96 Cr. This amount may not look as big then as it looks today, because your expenses would have increased to ₹ 16.5 Cr pa. After knowing this and given what w...

Gold Standard

Let's say, I earn ₹ 100k pm. My father used to earn ₹ 8k pm at my age (30 years ago). Am I better off or was he?  Well, nominal values across time frames cannot be compared. They need to be adjusted for currency devaluation (aka inflation) to arrive at the real value. However, the method used to arrive at the rate of inflation makes it relevant for macro policy decision. Its applicability in micro decision making is questionable. Why so is a different subject.  Is there an alternate method to ascertain real value of money across 30 years? One  way is to use 'gold standard'. 'If ₹ 100k can buy the same amount of gold in 2020 as ₹ 8k would buy in 1990, they're equal. But the fact is that in 2020, I required approximately ₹ 160k (20x) to buy the same amount of gold as my father could have bought for ₹ 8k in 1990. Though we refer to this as increase in the price of gold, it is in fact, reduction in the value of the Indian Rupee. In other words, INR has lost 95% of it...

तू तो समझता ही होगा

,कई सालों से तुझे कुछ कहना चाहता हूं हर बार यही लगा कि इसमें कहने का क्या है, ये तो तू समझता ही होगा और जो तू ना समझना चाहे, तो मै कहकर क्या कर लूंगा ये तो हज़ारों सालों से सैकड़ों ने कहा है किताबों में कहा, कहानियों में कहा, गीतों में कहा, मालूम था फिर भी कहा तुझे समझना होता तो समझ ही जाता, मै कहकर क्या कर लूंगा। इतना क्या मुश्किल है समझना कि  जो अच्छा इंसान नहीं बन सकता, वो ना अच्छा हिन्दू बन सकता है ना मुसलमान इतना क्या मुश्किल है समझना कि बाप के किए की सजा बेटे को देना सही नहीं है और दसवीं पुष्त से हिसाब चुकता करना तो सरासर बेवकूफी है इतना तो तू समझता ही होगा कि जो खर्च ही ना कर सको उस पैसे के पीछे भागना पागलपन है कोई और यह पागलपन करें इसलिए तुम भी करो ऐसा जरूरी नहीं है ये तो समझने की जरूरत ही नहीं है कि अच्छा खाना, पर्याप्त नींद और हर रोज कसरत सेहत के लिए फायदेमंद है इनका ध्यान ना रखने से ना तो शान बढ़ती है और ना शिद्दत साबित होती है ये सारी बातें मै इसलिए नही कहता क्योंकि ये तो हर कोई जानता है और तू भी समझता है लेकिन इस समझ का सबूत नहीं मिलता तो मै सोच में पड़ जाता हूं फिर कह...