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shit happens!
by rajiv khandelwal on Oct 06, 2006 11:36 PM

well thats true people get stuck in situations like these, having assets which are apreciating in value but not productive or under productive in terms of montary gains.....

well they have fixed assets so dont need to worry abt that now what they have to do is create a source of income from what they have got

having rs 1 crore in bank is real depressing any one who belongs to a succesful business family knows where he can get better returns and he also has contacts where he can set up a business which might not require a very big office or a showroom in prime location

he can become a supplier of goods in govt dept say computers/stationary,whatever it might be if he works deligently he will surely do a lot better than a mere 6% by the bank gradually he can move on expanding his business

basically its only dearth of income and liquidity which can be taken care of if that person manages his assets well

needless to say many ppl would kill to have the kind of assets/background mr malhotra has

where there is a will there is a way....:)


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The above message is part of the Discussion Board:
Why Malhotras face bankruptcy