Dear Readers:
I again publish here my friend Mr. Asokan Chakraverthy's thoughts on theory of evolution, origin of earth and human beings. The following is part-1 and rest of the parts will follow later. We most welcome your comments, criticisms, appreciations and also kick in the back if we deserve.
Thesis of Mr. Asokan Charvarthy.
DA RISHI'S CODE - 1
The eternally continually changing universe. The ancient people in various continents wondered about the universe and came up with their own stories to explain the origin of the universe... Predominantly the idea of one supernatural power or god must have created the universe.. Our Rishis (scientists) of ancient India with keen observation, scientific reasoning and deep contemplation found that all living and non-living matter including celestial bodies were continually created, exists for a time period and are destroyed or dies. In order to presrve this profound knowledge for all time to come, they stored it in the collective conscience of the population of this ancient land.. This they did by coding the science in fantasy and religion to create mythology and ritual worship..thus passing it on to future generations. This has stood the test of time for over 5000 years. The symbol for the power of creation is Brahma. The symbol for sustenance or life energy is Vishnu. The symbol for destruction is Shiva. For creation we need knowledge, so the goddess of knowledge Saraswathi is Brahma's consort. For sustenance we need wealth (food, water, air, sunlight, fertilizer), so the goddess of wealth Lakshmi is the consort of Vishnu. For destruction we need sakthi / power, so we have parasakthi or parvathi as consort of Shiva. They noted this continual change in the universe and within our body. New cells are continually formed and old ones die and eliminated. E=mc2. Energy Mass conversion and continual change. Change is permanent. Continual Creation rather than a one time creation.
Asokan Chakravarthy
About the author: Mr. Chakravarthy is an Engineer by profession. He has a masters degree from University of California, Berkeley, USA. In the past he worked for many multinational companies in USA and Canada for more than thirty years. He has profound interest in society, the social values, religions and religious studies. He is an independent thinker, logician, man of letters and a wonerful compassionate human being. He has a wonderful family with highly educated children and very warm hearted and affectionate wife. He can be reached at ashokc5@hotmail.com
Wednesday, May 28, 2008
Thursday, May 22, 2008
: My very good and dear friend Asokan Chakravathi's thought on financial wisdom
Hello Readers:
Salary income is linear in nature, the increases just keeping up with inflation. With slight jump on promotion.
Expense grow linearly plus non-linearly as we have kids and unexpected events and as we increase our standard of living by acquiring costlier car, house, furnishings, appliances, insurance for the increased assets etc.
Most salaried people think their earnings are to meet their expenses. Their accumulation of savings and borrowings are used to acquire assets to enhance their lifestyle. They feel whatever is advertised is a necessity. They tend to satisfy their growing perceived needs.
A business person or self employed entrepreneur thinks of his income or savings as working capital for investment to satisfy customer needs and gain thereby. He is reluctant to spend on himself to the detriment of eroding his capital. They expand their investments creating multiple source of revenue and their income grow exponentially.
Poor people work for money. The Rich have money work for them.
Poor think and work for linear growth (like simple interest). Rich think,plan and work for exponential growth (like compound interest).
Poor start their earning life with self-indulgence and squander their life earnings and end up in misery and become a burden to others. Rich start their earning life with self restraint and build a financial empire to retire in luxury and is be a benefactor to society.
Those with financial wisdom will become like Warren Buffet even with small amount of regular investment and start saving early in life. Those with no financial wisdom will end up in debts and bankruptcy even they are billionaires to start with. Even Gods cannot change the fortune of financially ignorant.
You may start out working for money. Soon you must save and invest to have your money work for you. Starting to invest early is very important.
I remember this Money Doubling formula that I learnt from my wise grand father. Divide 72 by the annual interest rate. The result is the number of years it takes money / investment / principle to double.
Say you can get 12% return per annum. Then your investment will double in 6 years. Your working life is 36 years. An investment of 10,000 dollars doubling every 6 years will become $640,000 at retirement. Now if you save and invest $10,000 every year you will get $640,000 every year after retirement. And at 42nd year your $640,000 at 36th year become $1,280,000 plus your regular $640,000. If you delay investment for 6 years till you are 30 years of age, then you will have only $320,000 at retirement, a loss of $320,000 every year. Hope you see the wisdom of investing early. All self-made millionaires have started investing early in their life.
Amount of savings and investment and starting early is in your hand. The amount of return depeds on external condition. But you can learn by studying various options to improve your returns. Here again starting early will give head start on the learning curve. People do not become expert investors overnight. You may even lose initially, but that is the cost of learning like college fees. Like without spending on college education your life earnings will be stunted, without risk taking and educating yourself in the art of investing you will not succeed financially. Start investing an amount that you can afford to lose as cost of learning. First talk to people who have already done it. Associate with winners of good character. Read "Rich Dad Poor Dad" by Robert T.Kiyosaki.
Take action after investigation to gain experience, learn from experience to gain wisdom. Post your thoughts here and start lively discussion. Please share your thoughts with everybody and make life beautiful, enjoyable, peaceful and prosperous not only for yourself but to every body on this wonderful planet.
Love,
Asokan Charavarthy
About the author: Mr. Chakravarthy is an Engineer by profession. He has a masters degree from University of California, Berkeley, USA. In the past he worked for many multinational companies in USA and Canada for more than thirty years. He is very well versed in financial investments and has degree in accountancy. Apart from this he has profound interest in all the religions and religious studies. He is an independent thinker, logician, man of letters and a wonerful compassionate human being. He has a wonderful family with highly educated children. He can be reached at ashokc5@hotmail.com
Hello Readers:
Salary income is linear in nature, the increases just keeping up with inflation. With slight jump on promotion.
Expense grow linearly plus non-linearly as we have kids and unexpected events and as we increase our standard of living by acquiring costlier car, house, furnishings, appliances, insurance for the increased assets etc.
Most salaried people think their earnings are to meet their expenses. Their accumulation of savings and borrowings are used to acquire assets to enhance their lifestyle. They feel whatever is advertised is a necessity. They tend to satisfy their growing perceived needs.
A business person or self employed entrepreneur thinks of his income or savings as working capital for investment to satisfy customer needs and gain thereby. He is reluctant to spend on himself to the detriment of eroding his capital. They expand their investments creating multiple source of revenue and their income grow exponentially.
Poor people work for money. The Rich have money work for them.
Poor think and work for linear growth (like simple interest). Rich think,plan and work for exponential growth (like compound interest).
Poor start their earning life with self-indulgence and squander their life earnings and end up in misery and become a burden to others. Rich start their earning life with self restraint and build a financial empire to retire in luxury and is be a benefactor to society.
Those with financial wisdom will become like Warren Buffet even with small amount of regular investment and start saving early in life. Those with no financial wisdom will end up in debts and bankruptcy even they are billionaires to start with. Even Gods cannot change the fortune of financially ignorant.
You may start out working for money. Soon you must save and invest to have your money work for you. Starting to invest early is very important.
I remember this Money Doubling formula that I learnt from my wise grand father. Divide 72 by the annual interest rate. The result is the number of years it takes money / investment / principle to double.
Say you can get 12% return per annum. Then your investment will double in 6 years. Your working life is 36 years. An investment of 10,000 dollars doubling every 6 years will become $640,000 at retirement. Now if you save and invest $10,000 every year you will get $640,000 every year after retirement. And at 42nd year your $640,000 at 36th year become $1,280,000 plus your regular $640,000. If you delay investment for 6 years till you are 30 years of age, then you will have only $320,000 at retirement, a loss of $320,000 every year. Hope you see the wisdom of investing early. All self-made millionaires have started investing early in their life.
Amount of savings and investment and starting early is in your hand. The amount of return depeds on external condition. But you can learn by studying various options to improve your returns. Here again starting early will give head start on the learning curve. People do not become expert investors overnight. You may even lose initially, but that is the cost of learning like college fees. Like without spending on college education your life earnings will be stunted, without risk taking and educating yourself in the art of investing you will not succeed financially. Start investing an amount that you can afford to lose as cost of learning. First talk to people who have already done it. Associate with winners of good character. Read "Rich Dad Poor Dad" by Robert T.Kiyosaki.
Take action after investigation to gain experience, learn from experience to gain wisdom. Post your thoughts here and start lively discussion. Please share your thoughts with everybody and make life beautiful, enjoyable, peaceful and prosperous not only for yourself but to every body on this wonderful planet.
Love,
Asokan Charavarthy
About the author: Mr. Chakravarthy is an Engineer by profession. He has a masters degree from University of California, Berkeley, USA. In the past he worked for many multinational companies in USA and Canada for more than thirty years. He is very well versed in financial investments and has degree in accountancy. Apart from this he has profound interest in all the religions and religious studies. He is an independent thinker, logician, man of letters and a wonerful compassionate human being. He has a wonderful family with highly educated children. He can be reached at ashokc5@hotmail.com
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