Friday, June 26, 2009

SOME OF MY THOUGHTS ON WORDS

  • Words give clarity to the vagueness of the thoughts and feelings, just like, a painting brings out onto the canvass the picture felt in one’s mind of a dream , an idea or a distant memory.

  • Words are expressions of a feeling or an idea and help to contain and channelise and bring to the outside world the idea or the feeling as close to what was felt by the original conceiver or feeler.

  • So the more words you know only increases the chances of grasping and putting forth into the reader a feeling as close to the one felt by the original feeler.

  • The above mentioned act of grasping is a voluntary thing and needs effort and thinking whereas the feeling is an involuntary and automatic reaction and needs no effort at all.

  • Sometimes words serve like handles to hold together the cloud of abstract and vague feelings or ideas that one has.

  • I think the idea or a dream or a feeling happens in a different area of the brain that may be the area that some people call the Gut and which could be the primary ,instinctual and functions not with words but works with ‘basic instincts’ such as body language smell and feel and only when you with conscious effort put words to them does one bring out into the conscious area of the brain, the idea or feeling.

  • But, words can be used to manipulate and interpret the picture of the idea or feeling in the conscious area of the mind and this could be what people refer to as brain washing. This manipulation of expressed feeling is what one sees in legal arguments or in courts where the conceiver of a feeling is suddenly made to realize by the lawyer and others at court that the words he put in to his own feelings were wrong and that another set of words were actually more correct to his feelings and then then suddenly the cociever starts interpreting his own feelings in a totally different way. That could be the reason why one single incident brings a variety of feelings and interpretations in different people. Such as in debates or arguments. This reminds me of a incident where a chemist, a poet, a biologist, and a philosopher all got together and argued for hours together what a flower meant to each of them.

  • So many times when I feel depressed for at-that-moment-unknown-cause, I close my eyes and search for the source or cause or stimulant for putting me into that frame of feeling, and the moment I realize the cause and put words to that feeling, the depression is totally gone or the depression converts itself into a pacify-ble worry and then to nothing at all.

  • Words are the tangible aspect of the more abstract area of feeling.

Wednesday, June 24, 2009

Some of My Thoughts On Financial Investments


Some of My Thoughts On Financial Investments

I have been silently observing, reading, thinking & listening as to how to diligently invest money. To bring out clarity to the cloud of ideas on the subject. I wish to think out aloud my thoughts by typing it out on my computer. Surprised by the easy flow of chain of thoughts, which my mind would have collected over the years, I start on the subject.


MONTHLY RETURN SCHEMES

· Do we need a monthly return? I wonder if earning some money in this way would resign one into laziness and relaxation and would not drive one to work and earn, would kill one’s imagination and creativity because of this security. On the other hand could this monthly income be used to drive a systematic investment plan? This way would we earn more than if we had invested the same in long term growth/dividend scheme? This money could also be used to pay off kids fees and also could be used for partly funding our annual travel plans and scooter petrol bill and shopping.

Ans: Right now I seem to have taken the stance of NOT investing in any monthly schemes. The idea is to let the capital amount invested in mutual funds GROW.


REAL ESTATE INVESTMENT

· Do I need to keep aside some money for real estate investment opportunity? If so how much should we set aside? The risks are fraudulent documents and government acquisitions. Even if the property is a bit inside some by-lane or a bit on the outskirts of this rapidly expanding city, the property is surely to appreciate if the property is near a temple, near a famous builders apartment complex, the property is sure to remain safe because of peoples involvement in the case of a place of worship & a lot of research having gone in to the development of the area in the case of the property developer. Read the newspaper regularly & be on the look out where the developments are about to come, what route it would take, the surrounding areas of that area where the proposed development is about to come, think of the area on both the sides of the route that would lead up to this proposed place of development. On the newspaper this could all be in fine print or could just be a hint but the idea is to take this up seriously and work on it. One could also make use of internet tools such as wikimapia and get the phone numbers & keep in touch with at least a few real estate brokers & friends who invest in real estate.


ABOUT INVESTMENTS IN MUTUAL FUNDs

Always remember the famous small print, ‘that investments in mutual funds are subject to market risks. Please read the offer document carefully before investing’. After our investments are all done & if the market still continues bearish, then there is certainly a risk that our investment money would remain locked for fear of booking/accounting a loss.

About the question whether I should invest all of the money in one go. I think I should invest in different funds of different mutual fund companies in systematic installments spread over a let us say over a 6-month period.

The bottom line: - Any ideal investment would be buy low sell high in the shortest time period.

Graph wise speaking the cost versus time graph would look closer to theEnglish alphabet ‘S’. Ideally buy when the graph is just before the vertical climb and sell them just after the vertical climb. Also, it is not just enough to watch on your screen or your statement sheet the profit that you would stand to gain, but insteadactualize it, if not all, at least actualisea part of your profits.

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ABOUT INVESTMENTS IN COMPANY SHARES

While the returns from mutual fund are at approximately 15-30 percent, the returns from investing in shares and trading in them look pretty attractive as returns could vary from 10-100 percent or much more. So a reasonable amount especially for my sort of age could be invested in shares. For this a demat account has to be opened at any of the Depository Participants. The savings account at that particular place or at a different bank could be linked to this DP account.

Some Thoughts on my Electronic Repair business
























Some Thoughts on my Electronic Repair business

Why I may want to STOP this service center:
· Because soldering involves lead and I have heard enough about lead poisoning and its smoke.
· One spends hours together trying to work out where the fault lies and sometimes is not able to locate the fault or when he discovers the fault finally, and because of non-availability of spare parts, is not able to rectify the problem .Now, when the customer sees it he sees no result. And I cannot bill him. I lose valuable time and energy in that very stressful but uneventful effort. Time that I could have spent with my family, on my thoughts and on traveling around the country.
· In this fiercely competitive world, when Items are getting smaller & cheaper with more and more features which means more technical difficulty in repairing, hence, the need to charge more. With depreciating eyesight combined with the products getting smaller one does not know how long he can survive in this field. But, here is the summary and also where the problem is, because this new item (without any service manual) is monetary vise- cheaper and also smaller making that much more difficult to read, access it with a normal soldering iron, as well as brittle and electronically fragile makes it that much more stressful for the repairman to service it. And for the effort put in, if the repairman where to charge accordingly, it becomes uneconomical for the customer to repair, drastically forcing the repairman to slash his service charges so that the customer approves of the repair and so also that he could serve his purpose there, paradoxically in this world of high costs. Also companies themselves are making their products unserviceable making the item NON-technician-friendly.
· I think what happens to professions which die down slowly is that for example in my shop, I would be burdened with lots of work because there aren’t any new generation people coming in to work, (new generation because you need sharper eye sight, sturdier hands, the drive to learn about the new technology, and more hands on experience on new technology, etc) and because these new generation people clearly know that this field has no future would not pursue this field leaving me alone to struggle to keep my shops so called “honor” and work towards “trying to finish the job somehow” even if it means making a loss, ultimately ending up ruining my & my families life in it.
· In the continuous struggle to deliver things on time I might end up procrastinating some of the more time taking work and the customer after being turned away a couple of times hearing “work is not done” would give up on the item even after the item is repaired. Now the item is at the shop repaired, and undelivered, and the repair effort does not serve any purpose for anyone, the customer probably having lost the drive to see the item repaired or having bought a new piece by this time. That is one of the reasons one sees a lot of items stored up on shelves at such repair shops.
· Sometimes I think that if I had been able to sit and finish repairing one thing at a time that I could finish more things than, repairing many things simultaneously at one time leading to many half done things and some sort of chaos. So if the worker/repairer was protected from directly answering to the customer and continue undisturbed with his investigations then, probably he could work with more continuity and concentration. But again being protected from the customer the technician would not know the customer, his requirements and pay potential . Similarly if the billing were to be separated from the worker then, probably the technician could charge more or is that my individual problem that, I am unassertive and easily agree to discounts.
· Some days I am not able to perform because I am distracted by the unappointed arrival of the customers and what they would say and also when I keenly listen and follow the CNBC channel or other channels on my TV sitting inside my cabin.
· Because I think this would not ever really become a credit job. I can clearly remember my dad when introducing me to his friends or family would tell that I was doing ‘engineering’ even when we all knew that I was doing a technicians course and was going to be one. Here, clearly he was trying to protect himself and me from the dirty word ‘repairman’.
· Because, repairing, most of the times is an unappreciated job.
· In my more than 20 years of experience, my work was once appreciated by a customer named Sooraj. After listening to and trying out the supposed to be irrepairable amplifier, Sooraj disappeared and reappeared a little later with a cake in hand which said thank you, WOW!. That memory still emotes me.
· Because the final repairing cost can only be known after the repairs and the customer is not always happy with the bill.
· Because, repairing involves handling negative energy. Problem- being a negative event.
· Because repairing exists when there are problems and people want instant solutions faster and cheaper and too at their place, it is getting to “ No longer a lab job”.
· The important secret is to know what your limit is and say NO to anything outside of its boundaries. Now here I am going to contradict this by saying that unless and until one takes up new challenges and learns by opening those new items and sincerely studying them without the intention of destroying the item, one is not going to progress. Even though it means lost time for one and the customer.
 I start my day, the customers keep coming in, and then if the I have to say ‘no it is not done’ to two or three customers in a row, it sometimes sucks and drains me, especially if deep inside I am unsure if I want to continue with this repair business. Now, when this happens and I am not able to supplement with more positive drive then, I happen to spend the rest of the time just waiting for the day to get over with and somehow escape home to my family.

HOW I COULD BETTER MY SHOP
· If I could give an estimate of the work (cost and time) to the customers before I actually make or do the repairs I could freely charge more. But I know this is not always possible.
· I should start a program of taking a look at the items atleast the same day and arriving a conclusion and report back to the customer atleast the next day. This would certainly reduce a lot of stress .
· I should compulsorily take advance for the work to be done.
· I think I should use my “Gone out for spares” board more liberally. What happens is that I wait for somebody to sit in the shop, for me to be able to go, Even though, I know very well that nobody would be able to do that, except myself.
  


PLUS POINT ABOUT THIS BUSINESS
· Service / Repair business needs the least of financial investment in stock. And is less risky and because of this reason one could get out of this business easily and sooner.

TO ORGANISE A PARTY OR AN EVENT



TO ORGANISE A PARTY OR AN EVENT

Have a permanent List of invitees prioritised on your liking to them

It is always convenient to have a permanent separate lists of close friends, close relatives, relatives, neighbours..,etc so as to help decide on the number of people that you are going to invite.

PLAN

  • Make a program schedule
  • Does it rain usually during this time
  • What if it rains? Arrange umbrellas and buckets to put them
  • Do kids sleep during this time
  • Does the time clash with any TV serials, temple function or any others.

IF NEEDED, FORM COMMITTEES

SAMPLE COMMITTEES

  • RECEPTION
  • FOOD
  • ENTERTAINMENT

INVITATION

SCHEDULE SAMPLE

WITH DATE, VENUE, OCCASION

11.00am

Aarathi

11.30 –12.45

Games

12.45

Lunch


THE HALL


  • Arrange hall according to the number of invitees. Visit the hall and see for yourself the facilities there and the condition of the hall. See whether it is maintained well.
  • Arrange somebody to clean-up before and after lunch and in the morning of the function the whole auditorium or hall
  • What about toilet. Do we have to collect the keys if it is kept locked.
  • Is there water in the toilet and at the place of wash
  • Where will people sit
  • Where will you arrange the tables and chairs from
  • What sort of decoration do we do for the hall
  • Decorate hall with balloon, crape paper
  • Photo of Guru / Late elders, garland, oil-lamp, oil, wick, match- box, etc.
  • Should we hire extra pedestal fan. Are all the ceiling fans working
  • Make banners guiding guests about the venue, Toilets, Wash, etc.
  • Arrange for volunteers for announcements, gifts distribution,Showing people to toilets or getting them to their chairs or whatever
  • Have a banner which announces HAPPY BIRTHDAY,Or whatever the function represents
  • First-aid box
  • Photographer / buy film roll, batteries for flash
  • Stand-by taxi
  • Stand-by generator, emergency light or torch.

FOOD

  • Arrange for lunch / food
  • Talk to caterer about menu, charges & number of people.
  • What about tables for food
  • Paper plates, Ice-cream cups, paper glass
  • Big vessels for any home made food distribution
  • Milk & sugar for Sweet Milk / Tea / Coffee
  • Do we have to serve any refreshments as soon as the guests arrive

SAMPLE MENU

RICE (raw /boiled)

Churm ladoo

DAL

Go du Phovvu

VALVAL / GASHI

Idli sambaar

PAPPAD

Thukdi / banana chips

PICKLES

moollik

PAYASAM

Milk / sherbeth

PLANTAIN LEAVES

Banana njali poovan

WATER TO DRINK

WASTE BINS

THAAK


GAMES, MUSIC & ENTERTAINMENT

  • What about music system, Public Address system
  • Should we have “bachon ka music” or Bhajans
  • Arrange for games
  • Arrange for gifts
  • Prepare kids to make all the announcements.
  • Finish everything at least 2 days in advance of the day of the function.
  • Mogra flowers for all ladies
  • Who will sing during aarati

GIFTS

HOW MANY ABOVE 10 YEARS

HOW MANY BELOW 6 YEARS

WRAPPING PAPER


GAMES

PASSING THE PARCEL

MUSICAL CHAIRS

PUTTING BINDI ON A SKETCH