Saturday, 28 November 2009

Road ahead

yesterday I was speakig to one of my seniors about the prospects of career growth...
may be its my age...these days iam thinking more about the future:) ..... he said since the IT industry is reaching the saturation (it will grow but growth rates are snailpaced) we can not expect any great rewards/career growth....
hmmm... so waht are the options for a typical s/w engineer to secure his financial future..career and good life style?

I think that by investing in companies with good track record (opto circuits,tata chemicals etc) which pay good dividends can help us...

to improve our chances of growth..we need to bring lot of new skills on to the table and show that we can make a difference to not only the project we ae working but to the technology group..to the business unit and more than that...

now I know the reasons for why i should ...what i should do ..how to do it is the next step and I need to fix the plan for the HOW during the coming two weeks...

do post your ideas

Monday, 23 November 2009

2012

2012...went to this movie justto meet up with friends.... its a story where they show personal lives of 5-6 people who get into the space ship to save their life from the apocalyspe... the way they have shown emotions and relations is very good but a bit dramatic... the scenes where the american scientist fights fr allowing more people inside were good...on the whole i like dthe movie..though i can't watch for second time....

Wednesday, 18 November 2009

Random Thoughts

Its been a long while I am thinking of writing some thing on my blog...
I have observed that once in every 3 months my interest towards work falls to zero for at least one week.. and i made it a point to take break for one day without doin any thing planned and try to get back the tempo ..
today is one such day and am writing sth here...
life is becoming a bit routine with same schedule and no leisure/entertainment..started reading Retire Young Retire Rich by Robert Kiyosaki and trying to start thinking planning in that lines..

he says ..if your passive income is enough to support your life style you are financially free...what a beautiful state it is..you need not work for money ..you have all the time pursuing your interests and still maintaining the same life style you were having with your salary...
In the indian context what are the options available to get passive income?....

1)buy residential flats/plots and let out on rent
: to get 20K per month 6000K needs to be invested
2)Buy dividend paying stocks:
need skill to identif and patience to hold stocks
3)Invest in monthly income schemes :
don't have much information on this...


but all of these takes time and needs lot of commitment ..planning and persistence....