Collection of Quotes:The Richest Man in Babylon

by Sadhana


This is a must read wealth building book. It is written in a story-like format. You may feel the language used a bit different, but the messages are very clear.
The wealth building principles like “Seven cures for a lean purse” and “The 5 laws of gold” are nicely explained and easy to understand.

Some of the financial quotes in this book are really nice and here I am giving you the collection.

Collection of some good quotes from a must read inspiring book on wealth building:
Money is the medium by which earthly success is measured.

Money makes possible the enjoyment of the best the earth affords.

Money is plentiful for those who understand the simple laws which govern its acquisition.

Action will lead thee forward to the successes you most desire.

To attract good luck to oneself, it is necessary to take advantages of opportunities.

Men of Action are favored by the GODDESS of good luck.

Wealth is power. With wealth many things are possible.

Every gold piece that you save is a slave to work for you. Every copper it earns is its child that also can earn for you.

Advice is one thing that is freely given away, but watch that you take only what is worth having.
Live on less than you earn.

Opportunity is a haughty goddess who wastes no time with those who are unprepared.

Good luck waits to come to that man who accepts opportunity.

Wealth that comes quickly goes the same way.

Wealth that stays to give enjoyment and satisfaction to its owner comes gradually.

Where the determination is, the way can be found.

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What is a Bull Market?

by Sadhana
You often hear of the market being bullish or bearish. But what is a bull market?
The term Bull Market is most frequently used in respect of stock markets.

What is a Bull Market?
A bull market is one in which prices of securities are rising or are expected to rise.
It is a prolonged period where the security prices rise faster than their historical average.
Bull market is based on the investor’s belief that the upward trend of securities will continue in the long term.
Bull Market indicates that the economy of the country is strong and also suggests good level of employment.
Why Bull markets happen?
Causes: It can happen as a result of
• Economic recovery
• Economic boom,
• Investor psychology
• Positive Political event
What things an Investor should do in a Bull Market? Investors must take advantage of the rising prices in the bull market and buy securities early, when prices reach their peak sell it i.e. book profits.
Example of Bull Market:
There had been a number of bull markets. There had been the rally in the Sensex, where it has run from 7,000 in June of 2005 to over 21,000 in early 2008.
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What causes "Inflation"?

by Sadhana
This post will shed some light on the questions like: What is Inflation? What causes inflation?

People usually complain about prices going up these days. This rise in prices in economic terms is called “inflation”.
Inflation:” Inflation is a rise in the general level of prices of goods and services in an economy over a period of time”.-Wikipedia
The higher the inflation, the lesser the value of our money. Inflation reduces the purchasing power of our money. Your money 5 years back cannot buy the same amount of goods now. We pay more money for the same quantity of goods.
Inflation is a sign that an economy is growing. The lack of inflation may be an indication that the economy is weakening.

Have you ever perhaps asked to anyone “What causes the inflation?”If you want to know then here’s a simple explanation:
There are many causes for inflation, depending on a number of factors. But there are broadly 3 causes:
Demand pull inflation: If demand is growing faster than supply, prices will increase. This usually occurs in growing economies like India. Prices are forced upwards because of the high demand.
Cost-push inflation: If there is drop in supply due to natural disaster (e.g. drought) or increased prices of inputs (raw material).
When a country experience natural disasters like excessive rain or drought, it destroys various crops, causing prices of these crops rise to high.
Let us say, if inputs/raw materials increase in price, this leads to the cost of production increasing. If there is a rise in production costs, which leads to an increase in the price of the final product of the company, which in turn leads to the company increasing prices to maintain their profits.
Built- in inflation: Rising labor costs can lead to inflation. As workers demand their wage increases, and companies usually chose to pass on those costs to their customers. It leads to a vicious circle.

There are various options available to fight inflation. Learn How to fight Inflation in my next post.
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