Ramit Sethi: ‘Question What You’ve Been Told About Buying a House’

Home sales have been breaking records during the coronavirus pandemic, spurred by record-low interest rates and the geographic flexibility afforded by remote working arrangements. But is purchasing a home a no-brainer? Ramit Sethi doesn’t think so. Sethi, the author of the best-selling personal finance book, I Will Teach You to Be Rich, and the founder of Iwillteachyoutoberich.com and Earnable, was a recent guest on the podcast The Long View. In a wide-ranging conversation, he discussed the role of homeownership in a financial plan, as well as his goal to focus financial planning on aspirations rather than spreadsheets and net worth statements. This excerpt from the interview has been lightly edited. 

Christine Benz: I want to talk about homeownership. You have argued that many people overemphasize homeownership as a component of a successful financial life. And it’s definitely hard to argue that homes are always great investments, but they are

Read More

Ludhiana MC told to consider contractor’s application for bus fare hike – cities

Amid a tussle between municipal corporation (MC) and the city bus service contractor over the proposed hike in fare, the court of additional district judge Atul Kasana has stated that the civic body can consider the application of the contractor in which he has sought a fare hike.

Meanwhile, the court continued the stay on termination of the contract.

Earlier this year, the contractor: Horizon Connect Transways Private Limited had submitted an application with the MC in which he had sought an increase in the fare by
₹2 to 5, citing the increasing fuel rates.

The MC refused to increase the fare stating that the court had ordered a stay in the case.

The contractor, however, had stated that the court had only ordered a stay on termination of contract and that the application could be entertained.

As the civic body remained adamant, the company moved court.

The court has

Read More

Children’s Hospital contractor submitting ‘hundreds of millions of euro’ in claims, TDs to be told



a large crane on the back of a boat


© RollingNews.ie


BAM, THE PRIMARY contractor building the new National Children’s Hospital, has submitted claims for extra costs running to “hundreds of millions of euro”, an Oireachtas Committee is set to be told today.  

Chief Officer of of National Paediatric Hospital Development Board (NPHDB) David Gunning will brief TDs and Senators on the status of the massive project today, and will say the claims for extra costs are taking up “a significant amount” of the the board’s time.  

He will also say that the scheduled competition date for the project is now six months behind schedule and is now due in early 2023. 

The project was expected to cost €983 million in 2017; Taoiseach Leo Varadkar told the Dáil in late 2018 that it was expected to cost €1.4 billion; it’s now expected to cost €1.73 billion.

In his opening statement today, Gunning will tell the committee that BAM is

Read More

Complete VMRDA park works by year-end, contractor told

GVMC Commissioner G. Srijana, and Visakhapatnam Metropolitan Region Development Authority (VMRDA) Commissioner P. Koteswara Rao inspected works of VMRDA park facelift project, which is one among the smart city projects, here on Tuesday.

The officials instructed the contractor to complete the development works by the end of December.

The officials inspected the walking path, plantations, cycle track, boating pool area, volley ball and tennis court works.

Speaking to the Engineering Department staff, the officials asked them to set up solar tree and solar benches at the park. They said that a vehicle parking facility should be arranged in the park.

They tell officials to design a beautiful arch at the entrance of the park.

GVMC Chief Engineer M. Venkateswara Rao, Superintending Engineer, Smart City Works, Vinay Kumar, and others were present.

Read More

ECB Told Home Prices, Fiscal Spending Key as Strategy Reviewed

(Bloomberg) — The European Central Bank should target higher average inflation — unless house prices are soaring — and governments must spend their way out of recession, according to economists attending the institution’s annual forum.

Loading...

Load Error

ECB President Christine Lagarde will open this year’s event on Wednesday, with Federal Reserve Governor Jerome Powell and Bank of England Governor Andrew Bailey joining her over two days. Normally held at a luxury hillside resort in Sintra, Portugal, this time it’s online because of the pandemic.

The discussions come as central bankers boost monetary stimulus to unprecedented levels to help counter the latest hit from lockdowns. The BOE acted last week and the ECB is expected to do so again before the end of the year.

Officials are also grappling with longer-term economic challenges though, such as globalization, climate change and digitalization. The forum, which will feed into the ECB’s strategy review,

Read More

The Latest: Hurricane responders told to heed virus cautions | National News

At one New Orleans intersection, a 70-foot-tall (20-meter) tree split in fierce winds, taking down utility lines and sparking a brief but bright orange flash. Video on local television showed the branches on palm trees on the city’s Canal Street blowing furiously in the wind and oak trees shaking elsewhere from the pounding.

According to the emergency operations Twitter feed for the city of New Orleans, over 80,000 people in the city of nearly 400,000 residents were without power.

Forecasters say the eyewall of powerful Hurricane Zeta is approaching New Orleans as it is being buffeted by high winds.

The U.S. National Hurricane Center in Miami said a life-threatening storm surge is also occurring after Zeta powered ashore Wednesday afternoon on the south Louisiana coast.

Forecasters are warning those in Zeta’s path not to venture out when the calm eye of the hurricane passes overhead. “Dangerous winds will return very

Read More

Public told: Be wary of QR codes for sale


DAVAO City Mayor Sara Duterte Carpio warned Dabawenyos not to patronize quick response (QR) codes from online sellers as these will be rolled out for free.

“Kinahanglan mag-ingat ang mga tao sa mga ingon aning QR Code for sale because dili siya ma-imbento and wala pa ta naghatag sa site nga asa mag-apply og QR Code. Wala pa pud ta naghatag og date kung kanus-a ta mag-implement sa atoang QR Code (The public needs to be wary of this QR Code for sale because it is not manually generated, and besides, we have not yet released a website where they can apply for QR Code nor the specific date for its implementation),” Duterte-Carpio said in an interview via 87.5 FM Davao City Disaster Radio on Friday, October 16.

This came after some individuals were noted selling QR codes online days after the mayor announced that the City will be

Read More

Jaden Smith Once Told Ellen DeGeneres He Was Going to ‘Buy’ His Parents’ House and Give Them a ‘Little Apartment’

The Smith family is in the headlines more than ever thanks to Red Table Talk. Now, we’re looking back when Jaden Smith first started gaining traction in Hollywood. He had his big break when starring in The Pursuit of Happyness with father Will Smith. And when he visited The Ellen DeGeneres Show back in 2008, he spoke quite candidly as a young kid.

Here’s what Jaden told Ellen DeGeneres about eventually hoping to purchase his parents’ home.

Jaden Smith first appeared on ‘The Ellen DeGeneres Show’ in 2008

Jaden Smith attends the 'The Day The Earth Stood Still' Japan Premiere
Jaden Smith attends the ‘The Day The Earth Stood Still’ Japan Premiere | Jun Sato/WireImage

While many know Jaden for his funky fashion and catchy music, he first attained fame as a young actor. Will needed someone to play his son in the movie The Pursuit of Happyness, and Jaden auditioned and got the part. Later on, he made his

Read More