Schooling in India

Most middle class people in India tend to choose CBSE or ICSE schools for their children However, now there is a new option i.e. Home study.

The advantage of home study is

• Child can decide his time of study i.e. No need to wake up early morning.
• Child can skip uninteresting useless subjects / tasks e.g. No need to study social science.
• No bullying by teachers and other students.
• Child concentrates on getting knowledge, not higher marks.
• Child can pursue his interest e.g. Why study calculus if the child wants to be a hair specialist.

Why is mobile internet slow in India?

Average Mobile Internet speed in different countries:

Country	Speed
India	9Mbps
China	34Mbps
Canada	45Mbs
Singapore	52Mbps

India ranks 109 among the 123 countries where the test was done. Reference

Why is mobile internet so slow in India compared to other countries? The main reasons are:

• High taxes make mobile network costly to install/upgrade.
• Regulations in India are more as compared to other countries. This increases the cost to install/upgrade towers.
• India's per capita GDP is less than many countries i.e. An average Indian mobile consumer on average spends less on his mobile internet as compared to other countries. So less money is available to install/upgrade networks.

War coming

USA economy is going downhill. USA wants war to cover up its economic failure. All problems will be blamed on the war.
In coming months, expect

• War drums will beat louder. The flash point will likely be in middle east.
• Stocks will fall
• Gold/Silver will rise
• Oil will rise
• Indian currency will fall in value.

Prepare accordingly.

4G speeds

India has one of lowest 4G speed in the world. Reference.

Here are some speeds across the world

Country		4G speed
India	-	5Mbps
Pakistan	-	12Mbps
Brazil	-	19Mbps
Switzerland	-	26Mbps
Singapore	-	46Mbps

Why is India's 4G speed one of the lowest in the world?
Faster speed requires more investment in equipment and towers. India levies a GST of 18% on mobile charges. Countries like Singapore charge no GST i.e. 0% GST. Because taxes are lower in other countries, with same investment, better (faster) equipment can be purchased.

Public sector banks are being looted

Some facts:

• Mallya stole ₹4,300 crore
• Nirav Modi stole ₹11,400 crore
• Vikram Kothari of Rotomac, stole ₹3,695 crore

This is only the tip of iceberg. These scams are being reported on front pages. Imagine how many scams are yet to be discovered. Smaller scams found, are not even reported.

Public sector banks are bankrupt. If you are keeping huge amounts in a public sector banks, then your deposits are at risk. For safety, consider moving your savings to a large private bank that has a much healthier balance sheet.

Indian budget 2018-19

A good budget

• lowers and lessens the number of taxes
• Reduces deficit by reducing subsides
• Massive privatization
• Reduces rules, regulations and size of bureaucracy.

The budget released in Feb 2018 has following characteristics:
The good:

• Corporate tax rate reduced for small companies.
• Standard deduction for salaried simplifies tax laws.
• Senior citizens will pay less tax e.g. Rs 50,000 tax free interest.
• Railway fares not increased.

The bad

• Duties raised on imported goods.
• Minimum support price raised for farmers. This will mean higher prices for others.
• Rs 1,200 crores allocated for universal health care. More subsidies means more inflation/taxes.
• Tax increased for high income individuals

The ugly:

• Deficit rises.
• Long-term tax on stock gains introduced.

Overall this budget is bad. It will cause inflation to rise.

Why stock market is rising?

Stock market has constantly increased during the last few years. Why?
It is because governments all over the world are creating currency out of thin air. This currency is getting invested in stock market. A rising stock market creates the impression that government is taking the right economic decisions. When stock market collapses, governments usually lose elections. So most governments want stocks to rise when they are in power.

When will stocks stop rising?
When the interest rates are above real inflation rate, then it means that governments have stopped creating currency out of thin air. Then, the stock market will fall.

I have nearly doubled my stock market investments in last 5 years i.e. more than 100% profit in last 5 years. As of now, interest rates are below real inflation rate; so I am still invested in stock market.
When interest rates rise above real inflation rate; when USA 10 year bond yield rises above 4%; then I will start selling my stocks.