Planet Money

Trading is very difficult, a doctor or lawyer goes to school for seven or eight years to learn his profession and then makes a little money and comes into the market expecting to win right away. Remember, trading is by far the toughest game in the world, because you’re competing against the keenest minds in the world.

"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor."

Wachovia Corporation is the US' fourth-largest bank, reported an unexpected loss because of bad California home loans.

I am not sure where the money is going who is holding it..

The first-quarter loss of $393 million, or 20 cents a share, compared with profit of $2.3 billion, or $1.20, a year earlier.

Get what you can and keep what you have; that's the way to get rich.

If you’re given a choice between money and sex appeal, take the money. As you get older, the money will become your sex appeal.


Here is an excellent quote which I found while browsing. It will certainly give you an option to think about it. But actually that choise will never happen.

Nifty : 4761.20 114.20 (UP)

Can it get greener then this !!

Nifty was 114.20 points up and my stinking portfolio which is like 40% short now. Just managed to gain Rs 746 only.

What is this.. hein... What is this happening...

Money is what I am here for my love !!

@ 11:15 IST Timing DOW was trading @ 12697 so if it closes above 100 there will be a good opening gap !!

So watch out for money flowing in your bank a/c guys..

Good night for now !

With studies back on to furnish a new job for myself.... Would like to educate about some of the tax-free incomes for you let me be exact it should be 17...

Ahaan... I am seeing smile on your face so do read and leave comments on 17 tax-free incomes for yourself...


1. Agricultural income
2. Receipts from Hindu Undivided Family (HUF)
3. Share from a partnership firm
4. Allowance for foreign service
5. Gratuities
6. Commutation of pension
7. Leave salary of central government employees
8. Voluntary retirement or separation payment
9. Life insurance receipts
10. Payment received from provident funds
11. Certain types of interest payment
12. Scholarship and awards, etc
13. Gallantry awards, etc. -- Section 10(18)
14. Dividends on shares and units -- Section 10(34) & (35)
15. Long-term capital gains of transfer of securities -- Section 10(38)
16. Amount received by way of gift, etc -- Section 10(39)
17. Tax exemption regarding reverse mortgage scheme -- sections 2(47) and 47(x)


Further need to explanation ... just drop a comment.. Will revert to you