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	<title>Comments on: Is your money working hard ?</title>
	<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/</link>
	<description>Don't learn to hack, hack to learn</description>
	<pubDate>Sun, 20 May 2012 17:45:23 +0000</pubDate>
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		<title>By: Samir</title>
		<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-15</link>
		<author>Samir</author>
		<pubDate>Thu, 06 Sep 2007 15:59:23 +0000</pubDate>
		<guid>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-15</guid>
		<description>Prerak, 

I will also like to add a point that investments is a  process and not an event. So one gotta stay in the game and figure out better way, if one is not working. Rotation of money is important factor. All stock market investor will also emphasize importance of "exit" strategy, which is actually true for all investments. So before you enter into any investment, make sure you have an exit plan with proper returns matrix defined. Being greedy with returns isn't smart strategy. As they say, being greedy with returns will bite you back one or other time :-) Be careful there.

-Samir</description>
		<content:encoded><![CDATA[<p>Prerak, </p>
<p>I will also like to add a point that investments is a  process and not an event. So one gotta stay in the game and figure out better way, if one is not working. Rotation of money is important factor. All stock market investor will also emphasize importance of &#8220;exit&#8221; strategy, which is actually true for all investments. So before you enter into any investment, make sure you have an exit plan with proper returns matrix defined. Being greedy with returns isn&#8217;t smart strategy. As they say, being greedy with returns will bite you back one or other time <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> Be careful there.</p>
<p>-Samir</p>
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		<title>By: Samir</title>
		<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-14</link>
		<author>Samir</author>
		<pubDate>Thu, 06 Sep 2007 07:17:21 +0000</pubDate>
		<guid>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-14</guid>
		<description>Very true Prerak. Thanks for your note.

Delegation is any art, if mastered well, can make your life much easier. Paying reasonable cost is part of it as long as overall returns/results are assured.

Also in other words, one should focus on his/her core competencies rather then trying to do all by himself or herself. It is not going to work in Today's world.

In software world, outsourcing is an example of same point. One needs to be careful about who to and how much to outsource. For business it is very important for scaling. Any small business faces scaling issues at some point of time. If outsourcing/delegating is not done correctly, company is very likely to have scaling ( or even failure ) issues.

Couldn't agree more with you. 

-Samir</description>
		<content:encoded><![CDATA[<p>Very true Prerak. Thanks for your note.</p>
<p>Delegation is any art, if mastered well, can make your life much easier. Paying reasonable cost is part of it as long as overall returns/results are assured.</p>
<p>Also in other words, one should focus on his/her core competencies rather then trying to do all by himself or herself. It is not going to work in Today&#8217;s world.</p>
<p>In software world, outsourcing is an example of same point. One needs to be careful about who to and how much to outsource. For business it is very important for scaling. Any small business faces scaling issues at some point of time. If outsourcing/delegating is not done correctly, company is very likely to have scaling ( or even failure ) issues.</p>
<p>Couldn&#8217;t agree more with you. </p>
<p>-Samir</p>
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		<title>By: Prerak</title>
		<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-13</link>
		<author>Prerak</author>
		<pubDate>Wed, 05 Sep 2007 21:42:56 +0000</pubDate>
		<guid>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-13</guid>
		<description>Good topic. And nice article too...

I totally agree... no point adding up in bank balance if that money is not working hard for you. Unfortunately that is usually the case but one shall always explore possibilities.

Haven't ventured into enterprenureship yet... hopefully one day! But for investment... i believe in simple word - "DELEGATE". You don't have to do everything yourself... you do what you could be good at -earn, save, pile... but then let expert manage them to make sure that pile works hard for you and grows :) There would be cost but as long as cost compensates for additional returns (that what you would have got yourself), there is nothing to loose ;) That doesn't mean that you aim low... but something to keep in mind. 

Besides, there could be one BIG downside of managing your own money (if you are not expert)...you can get emotionally attach and may not be able to make right decisions at right time. Have been burnt once and have learned my lesson hard way :(</description>
		<content:encoded><![CDATA[<p>Good topic. And nice article too&#8230;</p>
<p>I totally agree&#8230; no point adding up in bank balance if that money is not working hard for you. Unfortunately that is usually the case but one shall always explore possibilities.</p>
<p>Haven&#8217;t ventured into enterprenureship yet&#8230; hopefully one day! But for investment&#8230; i believe in simple word - &#8220;DELEGATE&#8221;. You don&#8217;t have to do everything yourself&#8230; you do what you could be good at -earn, save, pile&#8230; but then let expert manage them to make sure that pile works hard for you and grows <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> There would be cost but as long as cost compensates for additional returns (that what you would have got yourself), there is nothing to loose <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> That doesn&#8217;t mean that you aim low&#8230; but something to keep in mind. </p>
<p>Besides, there could be one BIG downside of managing your own money (if you are not expert)&#8230;you can get emotionally attach and may not be able to make right decisions at right time. Have been burnt once and have learned my lesson hard way <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_sad.gif' alt=':(' class='wp-smiley' /></p>
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		<title>By: Samir</title>
		<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-12</link>
		<author>Samir</author>
		<pubDate>Wed, 05 Sep 2007 17:26:22 +0000</pubDate>
		<guid>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-12</guid>
		<description>Mr Alay Desai :)

Thanks for offer.
I will love to do that, if it really works and you can convince me about your investment strategy. After all, hiring right person is not only important, but critical for entrepreneurship.  :)

What is the ROI you assure ? 

-Samir</description>
		<content:encoded><![CDATA[<p>Mr Alay Desai <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Thanks for offer.<br />
I will love to do that, if it really works and you can convince me about your investment strategy. After all, hiring right person is not only important, but critical for entrepreneurship.  <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>What is the ROI you assure ? </p>
<p>-Samir</p>
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		<title>By: A D</title>
		<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-11</link>
		<author>A D</author>
		<pubDate>Wed, 05 Sep 2007 16:12:35 +0000</pubDate>
		<guid>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-11</guid>
		<description>You need a manager to manage the "work" of your money and make sure it is working hard.
Let me know when you are ready for a manager for your money -- I can help you make your money work hard for you for a small price. :-)</description>
		<content:encoded><![CDATA[<p>You need a manager to manage the &#8220;work&#8221; of your money and make sure it is working hard.<br />
Let me know when you are ready for a manager for your money &#8212; I can help you make your money work hard for you for a small price. <img src='http://www.samirvyas.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /></p>
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		<title>By: Kamal Vyas</title>
		<link>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-10</link>
		<author>Kamal Vyas</author>
		<pubDate>Wed, 05 Sep 2007 14:38:39 +0000</pubDate>
		<guid>http://www.samirvyas.com/blog/2007/09/01/is-your-money-working-hard/#comment-10</guid>
		<description>Yes.It is true that Hard Money becomes Easy Money only after when your Money starts working hard.

To generate more money yr Money should work hard and not yourself.</description>
		<content:encoded><![CDATA[<p>Yes.It is true that Hard Money becomes Easy Money only after when your Money starts working hard.</p>
<p>To generate more money yr Money should work hard and not yourself.</p>
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