Read The Fine Print

Apropos “Watch that Credit Card Spend” (MoneyLIFE, 13 September 2007), credit is really a trap because once you take a loan, you pay interest on it and, naturally, the principal also has to be repaid. There is a famous saying “Jitni chadar ho utne pair pasaro” (spend as per your income). The telemarketing calls from banks and credit card companies show that credit is easily available today. A...

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Great Interview

The interview with my favourite actor Amitabh Bachchan in your 30 August 2007 issue was very interesting. It has been a long time since the legend has given such a long interview to any magazine and he has talked about topics which he has not discussed before. It was a great read. On behalf of Amitabh Bachchan’s fans, I thank you for this great interview. Keep it up.
Abdul Rahim, Chennai, by...

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Retirement Plan

I am a regular reader of MoneyLife magazine. I am 37 years old, married, blessed with a three-year old son and working for a BPO. I am not very happy with my job and plan to retire early, say by the age of 47 years, provided my financial planning works out well to support me after retirement.

I have seen mutual fund advertisements where an investment of a lakh of rupees becomes Rs22 lakh over...

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