Investment Guide for a Fresher

I am sure everyone has a different kind of a dream to own something like a Ferrari, a Yacht, a Bungalow or even an Island. At the same time you have heard your parents, relatives or even friends have said we can only dream of having all those possessions.

Dreaming big is good. Never stop dreaming big just because you are de-motivated by the comments you hear. This article is basically intended for fresher’s who have a job in hand or have just started out there. Am sure you would have heard the grown up speak about doing various things they have done to save on taxes or bought some kind of policies to save money for the future. Well I used to wonder why should not we enjoy the day to day existence first and spend lavishly and make life a big party.

Recently I got my first financial advice 6 month short of me finishing up graduation and starting out to earn my own money. The main reason I am writing this article is to share the things I learnt which proved my Party Lifestyle wrong to an extent and gives a win-win to the millions of people who save for the rainy day.

As you know once you start earning you guys have to apply for a PAN (Personal Identification Number) card and start filling taxes from the same financial year. Firstly almost 50% of your earnings are taxed by the government. Initially up to 33% on your salary and everything you buy is also taxed by VAT (Value added tax). Bellow is the matrix on how you are taxed directly on the income.

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How Harvard Gets its Best and Brightest

Sure, students work hard to get into this elite college. But so does the admissions committee, assures Dean Bill Fitzsimmons

I thought that because Harvard is so prestigious that it could sit back and let the best and brightest students come to it. I was wrong. In “How Harvard Gets Its Best and Brightest,” BusinessWeek reporter William Symonds explains the Harvard recruiting process.

In the spring it starts recruiting juniors who will graduate in a year. These juniors have stellar test scores, and Harvard buys their names from College Board, the organization that administers admission tests. The Harvard admission team goes to 140 cities in the U.S. and overseas. It also taps Harvard coaches, teachers, and alumni to find the best and brightest.

After the rigorous selection process, the admissions team recruits teachers, alumni, and students to start calling the students that it has accepted. In April Harvard invites prospective students to visit the campus for a weekend of where the admissions team has “something remarkable going on every minute.

This all sounds like great marketing to me.

Source: “How Harvard Gets Its Best and Brightest,” and GuyKawasaki