On Goal Setting

Setting goals is a great motivator to get things done. Without a goal, life goes on without much excitement and nothing to look forward to or work towards. But if you have a goal that is too hard or takes too long to achieve it may actually be demotivating. How do you get out of this situation. Simple, have a long term goal and then have a few smaller, shorter incremental goals. Shorter milestones Take the case of early retirement for example. How can you keep yourself motivated if your retirement goals is some 10 or 15 years away? You … Continue reading “On Goal Setting”

Take Care Of Your Mind And Body

Whether you are planning to retire early or not, one thing that everyone needs to take care of is their mind and body. It is surprising how little time and care we devote to both in our mad rush to achieve things. Life is not always about goals and achievements. Sometimes it helps to stop and think if that is all that we really want. Did you ever wonder how much time do you actively spend on improving the mind and body? The body The easiest way to take care of our body is by giving it adequate sleep and … Continue reading “Take Care Of Your Mind And Body”

Sensex Touches New High!

Ok, I confess I am late to the party. But it seems like the Indian stock market is enjoying new highs every other day. Is this sustainable? Who know? Does anyone know why the stock market is touching new highs even as the economy has not recovered and many things are still unknown? No one knows. But that does not stop one from making wild guesses. The most common and obvious theory is that the market is buoyant on the news that a vaccine may soon come. I don’t know why that should be a good reason to hit new … Continue reading “Sensex Touches New High!”

Ability To Learn By Yourself Is Fundamental

Some people ask us if we are worried that our kid may not learn much because she is not going to school. Their primary worry is that she may not be able to find a job without education. Our worry on the other hand is that kids these days are spending so much energy on learning things that may not even interest them. And worst of all, they may end up with a job that they don’t like to do because they have a degree in an education that wasn’t of their own interest. Of course this does not apply … Continue reading “Ability To Learn By Yourself Is Fundamental”

Is It Better To Buy Or Rent A House?

There are already tons of articles about which is better — buy or rent. In this post I will give my perspective on this subject. The topic is about buying a house to live in as compared to renting a house. If you are looking to compare investing in real estate vs equity investment, you might want to read my other article. The problem with making this kind of comparison is that it depends on a lot of factors. Lets take an example to help understand. Buying a house Say you want to buy a house instead of renting. Lets … Continue reading “Is It Better To Buy Or Rent A House?”

Building a DIY 5.1 Audio Video Receiver – Part 7

Now that I have the front speakers, rear speakers and sub-woofer working, the next thing I wanted to do in my DIY AVR project was to bring up the center speaker. I ordered a TPA3118 amplifier board for Rs. 379 towards it. The only problem with the board (which I did not realize when I ordered it) was that it does not have a volume control. The repercussions of this mistake will soon become clear. Anyway, I connected the board to a 12V power supply. The same one that was powering the crossover board from my previous post. Output from … Continue reading “Building a DIY 5.1 Audio Video Receiver – Part 7”

Building a DIY 5.1 Audio Video Receiver – Part 6

In the last post I mentioned that I was looking for a crossover board. The one that I purchased is putting out a huge DC bias and I was not comfortable using it on my sub woofer. Wondering if it is a problem with the particular unit that I got, I ordered a replacement. Unfortunately, even the replacement has the same signature output. So I decided to do something about it myself. AC coupling capacitor For those of you who have done electrical engineering might recognize that adding a capacitor in series with the load will block DC offset. This … Continue reading “Building a DIY 5.1 Audio Video Receiver – Part 6”

Building a DIY 5.1 Audio Video Receiver – Part 5

So far I have finished bringing up 4 of my 5.1 speakers in my DIY 5.1 AVR project. If you missed, check out part 1, part 2, part 3 and part 4 of the series. Next I wanted to bring up my sub-woofer. Since I have an active sub-woofer, I did not need any amplifiers to drive it. I just need to connect the output signal from my audio source directly to the sub-woofer input. But there is a catch. If you connect the audio source directly to the sub-woofer, the sub would be wasting a lot of energy which … Continue reading “Building a DIY 5.1 Audio Video Receiver – Part 5”

Franklin Saga Drags On

Franklin has been in the news quite a bit due to the decision to wind-up six of its funds. After deciding to wind-up the funds the fund house was planning to get unit holder’s consent for disbursing cash from liquidated papers. However, some investors did not like the decision and started legal proceedings against the fund house. Unit holders filed cases in multiple High Courts. Now we all know how long courts take to pass judgement on just one case. Given there were multiple cases I was not very positive that something will happen any time soon. However, the Supreme … Continue reading “Franklin Saga Drags On”

Different Types of Investors

Let me start off with a story. So the other day a friend of mine called me up asking me to help him solve a plumbing problem. He probably thought I was good at plumbing because I have been working on rain water harvesting and drip irrigation. Anyway, he tells me that there is a tap that was constantly leaking water. He tightened it fully, but the water still leaks. Asks me if I have a fix for his problem. I started off by giving the best possible advice like any friend would give. I told him to find a … Continue reading “Different Types of Investors”