Smart ways to invest and attain early financial freedom

I have requests from my ex students who are either married or getting married shortly - the request is to share some best practices of money management post marriage. So here is my list - I am assuming that the couple is living alone.   Best practices in Financial planning If you both are working, then it is logical to have two independent bank accounts for salary and tax purposes. But once the money comes into your salary account – transfer the whole amount into a joint account that can be operated by both of you. Do not keep track of my money vs your money.
I get a feeling quite a few of my readers do not know that I have a Private mailing list for equities. Whenever I buy or sell a stock, I share it with this Private mailing list for equities (I call it PMLE). I believe that equity investing is not for everyone and hence, by design, I have reduced sh
I am not one to forecast what will happen in the elections. But here are my thoughts of what to do post elections results are announced: If we get a stable and reformist government (remember that AAP did not seem to be reformist in Delhi) – Even though most of India’s economic problems are long term and cyclical in nature and will need more than 12 months to effect any change, the direction of government policies will make the stock market bullish. It would be easy to pick investing ideas –  most ideas will be profitable and it would be difficult to make mistakes.
My best wishes to all my readers for a very successful 2014 - I hope you can help at least one person every day for 365 days in whatever way you can. 2013 was a reasonably good year from investing stand point even though my predictions of Dec 2012 went wrong.  I did not expect slowing down of the Indian economy and the resultant devaluation of the Indian Rupee. I had also expected the interest rates to come down and stock markets to do well. However, as I invest on specific stocks for the long term, my investments in 2013 have not been effected by my wrong forecast. &nb
Hennur Road in North Bangalore has seen a lot of real estate activity in the past 3-4 years. The new Bangalore Airport and the promise of many tech parks and other industries in the vicinity has triggered the demand for residential spaces in and around Hennur road. This road also serves as an alternate route to Bangalore airport for people travelling from the outer ring road area. It is a four lane road and is already chocked with traffic on any normal day. All well known builders in Bangalore, including Mantri, Shobha, Prestige, Brigade have launched projects in this locality. Apartment prices are around Rs. 4000 to 6000 per sq ft.  Land rates depend on the exact location – but typical land rates are around Rs. 4000 psft to 7000 psft.