Hemant is running a contest on his site where he is going to give away one free copy of PERFIOS which is a personal finance software – the entry rules are easy (as they usually are in these contests), so if you are interested then do check out his post.
I’ve been playing around with the idea of building some kind of an automated planner on the site but that’s in initial stages, and I haven’t made much progress with it.
Investologic however has this free financial plan builder, which is a good start for someone who has some goals in mind, and wants to get a ball park on how much money is needed given the number of years ahead of him, inflation and returns numbers.
Roger Nusbaum has a good post on gold mania, and though his post is written from a US perspective I think the same is applicable in India as well.
A lot of people are getting carried away with gold purchases, and are totally convinced that it can never fall in value. While gold has its place in a portfolio, there’s no reason to go over board on it. It can go down in value just like any other asset so be careful. My own opinion on gold or silver hasn’t changed, and you can find it here if you’re interested.
I’ve saved the best for last.
I’m a big fan of Dilbert and it’s creator – Scott Adams, and have read his blog for a number of years now. Lately, he has been facing some trouble from people taking his quotes out of context and maligning his reputation.
He was trying to fight this by creating an alias and posting comments on blogs and websites where he was being attacked, but was forced to reveal his true identity by the site moderators.
He has written this brilliant post about the whole incident and his thoughts about it, and I think this provides a lot of insights on not only the thought process of celebrities who have to manage their reputation online, but also on how people think, on context, how something can be automatically loaded against you, perception vs reality and other things that affect us in our daily lives.
You can read the great post here.
Enjoy your weekend!