Invest in Your Hobbies and Desires

 Most of the Indian Senior Citizens die rich but do not live rich!

The younger generation is moving away from Real Estate whereas the Seniors are still engrossed emotionally in Real Estate.

The Seniors have built houses not only for themselves;but also for their children and even for those who have settled abroad or outside the home State.

The next generation is least interested in these houses, howsoever the elephant house? They have no time to look at these gigantic   properties. The next generation is very asset light.

One such Senior Citizen died at the age of eighty five. His wife had already passed away a few years ago.  One son lives in London and the other one in Toronto. They have the nationality of those countries. Neither was interested in the house their father had built in his prime age. 

The father had written a will before his death to give all the properties equally to both his children. The sons did not have time to get all the property in their names and then sell it. Both of them made a Power of  Attorney to sell the property in someone's name. Thereafter, the proceeds from the sale of the property were sent to their home Country.

Our second traditional investment is in Gold and Silver items. Investing in Gold and Silver is often very emotional. This is done in the form of ornaments for daughters-in-law or for grandchildren instead of buying pure gold.

The new generation often does not like old fashioned jewellery items. As such, they are broken down into new designs. It goes back and forth. The new generation prefers to wear imitation or fake rather than genuine jewellery.

In some countries Gold is kept in pure form as an investment and a very little quantity in jewellery items.

The third emotional investment is children's higher education.

Occasionally, senior  citizens take out loans for their children's higher education by cutting down on their hobbies/needs. When the children get jobs, they pay off debts; but in some cases  the parents have to repay these loans.

Going beyond this, some Seniors are investing in  policies or other investments to facilitate education for their grandchildren.

Taking out a loan for children's education is understandable but why to invest in grandchildren's education now, especially  when your children have already started investing in SIPs for their children's education etc.?

How is our mindset? We don’t want to ask financial help from our married children. But taking care of grandchildren is our responsibility!! Thinking of own children throughout their life and again thinking of grandchildren in old age?

Your lifespan is increasing. Your costs are rising. Think about it. Do not forget your own pleasure in thinking of others! *

Live life for yourself.

It is rightly said that : 

"Most Indians spend miserly all their lives; and make the next generation rich!"

So,  You are above 60+  and now life expectancy has increased a little "Live Your Life Well". 

Spend on your hobbies, friends and fulfil your 'wishlist' so that you

 Live Rich. Don't Just Die Rich!

Time - Football Lessons

 

Understanding Time: 🤞 1986 World Cup photo of Maradona, Pele and Platini.  Then Maradona campaigned against drugs, Platini against corruption and Pele stood for the rights of children. Time passed by. Maradona emerged a drug addict. Platini was banned from football administration for corruption. And Pele's biological daughter, Sandra Regina Arantes, born following his affair with a housemaid (in 1964), filed a lawsuit against Pele for disowning her. She later wrote a book, "The Daughter the King Did Not Want", that described her mother’s affair. The simple truth: You cannot fool Time! 

Kaliyuga

Once the four Pandavas (except Yudhishthira who was not present) asked Krishna, What is Kali Yuga?

Krishna smiled and said "Let me demonstrate to you, the situation of Kaliyuga." He took a bow and four arrows and shot them in four directions and ordered the four Pandavas to go and bring them back.

Each of the four Pandavas went in the four different directions to search for the arrows.

When Arjuna picked an arrow, he heard a very sweet voice. He turned around and saw a cuckoo singing in a spellbinding voice but was also eating flesh of a live rabbit which was in great pain. Arjuna was very surprised to see such a gory act by such a divine bird he left the place immediately.

Bhima picked arrow from a place, where five wells were situated. The four wells were surrounding a single well. The four wells were overflowing with very sweet water as if they were not able to hold water and surprisingly the well in the middle of these four overflowing wells was completely empty. Bhima was also puzzled at this sight.

Nakula was returning to the place after picking up the arrow. He stopped at a place where a cow was about to give birth. After giving birth the cow started licking the calf but continued to lick it even after the calf was clean. With great difficulty people were able to separate them and by that time the calf was injured badly. Nakula was puzzled by the behaviour of such a calm animal.

Sahadeva picked arrow which fell near a mountain and saw a big boulder falling. The boulder was crushing the rocks and big trees on its way down, but the same boulder was stopped by a small plant. Sahadeva was also amazed at this sight.

All the Pandavas asked the meaning of these incidents. Krishna smiled and started explaining...

"In Kaliyuga, the priests will have very sweet voice and will also have great knowledge but they will exploit devotees the same way cuckoo was doing with rabbit.

In Kaliyuga poor will live among rich, those rich will have enormous amount of wealth which will actually overflow but they will not offer a single penny to the poor same as the four wells didn't have a single drop of water for the empty well.

In Kaliyuga parents will love their children so much that their love will actually spoil them and will destroy their lives similar to the love shown by cow to her newborn calf.

In Kaliyuga people will fall in terms of character like the boulder from the mountain and they will not be stopped by anyone at the end only the name of God will be able to hold them from doom like the little plant held the boulder from further fall."

~ Uddhava Gita, Srimad Bhaagawatam.

Which country won the 2022 Football World Cup?

 Which country won the 2022 Football World Cup?

If your answer is Argentina, then it is correct but there was another country that won the world cup without even playing a single match. And that country is China.

The following has been taken from the timeline of Kannan V Menon;

"10 ways in which China quietly worked behind the scenes at the Qatar World Cup...

One: World cup buildings got green electricity from a next generation power station which harvests only solar energy, built by the Power Construction Corporation of China. 

Two: People were taken where they need to go in a fleet of 888 fully electric buses, made by Yutong Bus, a Chinese firm that has quietly become, as far as I can tell, the world’s biggest bus maker.

Three: The main stadium was built by China Railway Construction Corporation: that’s the firm that pops up in Africa and Europe and around the planet, known for its extraordinary ability to create infrastructure in difficult environments.

Four: What’s a sporting event without souvenir merchandise? It’s estimated that almost 70 per cent of World Cup related goods, from footballs to flags to jerseys to whistles, came from a single location in China, a southeastern city called Yiwu. 

Five: A purpose-built extra-large reservoir provided clean drinking water for sports people and fans. It was constructed by Gezhouba Group, from Wuhan.

Six: The stadium-building operations needed huge amounts of heavy equipment, from massive earth movers to cranes – nearly 100 of these were supplied by China’s Sany Heavy Industry, one of the world’s biggest construction firms. 

Seven: The most innovative venue was Qatar’s Stadium 974, which can be disassembled and reassembled anywhere. Designed by a Spanish architect, the 974 building blocks were made by China International Marine Containers.

Eight: Notice all the LED floodlights everywhere? They came from the Unilumin Group of China.

Nine: Most people say airconditioners are a must for survival in that environment – and China’s Midea Co supplied 2,500 aircons for the event.

Ten: Last but not least, this was the most expensive sporting event in world history, and needed a lot of support from businesses. 

Nineteen China firms signed up to sponsor the event, of course with advertisements.

We are nowhere in their league yet.

There is a lot to be done - quietly and with immense national will, laser like focus, indomitable Indian spirit and most of all, sheer hard work! 

Work Hard India - Do not get distracted by silly divisive issues."