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By:

Kaustubh Kale

10 September 2024 at 6:07:15 pm

The Financial Magic of 8/8

AI Generated Image If numbers could talk, 8 would speak the language of wealth. When the date doubles into 8/8, it becomes more than another day. It becomes a reminder of financial power, balance and long-term abundance. Yesterday, the calendar read August 8 - 8/8. In astrology and numerology, this date is considered significant. The Lion’s Gate Portal August 8 marks the peak of what is known as the Lion’s Gate Portal - a period believed to carry heightened energy for growth, abundance and...

The Financial Magic of 8/8

AI Generated Image If numbers could talk, 8 would speak the language of wealth. When the date doubles into 8/8, it becomes more than another day. It becomes a reminder of financial power, balance and long-term abundance. Yesterday, the calendar read August 8 - 8/8. In astrology and numerology, this date is considered significant. The Lion’s Gate Portal August 8 marks the peak of what is known as the Lion’s Gate Portal - a period believed to carry heightened energy for growth, abundance and transformation. I am a financial advisor - not an astrologer or numerologist - but I find this date fascinating because of the symbolism attached to the number 8. In numerology, 8 is associated with wealth, power, ambition and balance. It is also linked with discipline, responsibility and karma - the idea that our actions produce results. When the calendar reads 8/8, many believe this energy is doubled. A Financial Checkpoint Whether or not you believe in astrology or numerology, the date can serve as a financial checkpoint - an opportunity to pause, reflect and take steps towards building wealth. I recommend treating 8/8 as a money mirror - a moment to ask yourself: Are my investments aligned with my long-term goals? Is my money working for me, or am I caught in an earn-and-spend cycle? Am I creating lasting wealth, or merely temporary income? Your Mid-Year Money Reset We often make resolutions on January 1. But by August, more than half the year has passed. That makes 8/8 an excellent occasion for a financial reset. Use this weekend for review and action. The intention may begin on a symbolic day, but transformation comes from what you do next. Review your goals and expenses. Make lumpsum investments where appropriate, increase your SIPs, check whether your insurance cover is sufficient and organise your financial documents. Also review your asset allocation. Money meant for long-term goals must be invested in hybrid and equity mutual funds, stocks and gold. Money required for short-term goals should remain in safer options such as bank fixed deposits and recurring deposits. Declutter Your Finances Close unused accounts, cancel unnecessary subscriptions, consolidate scattered investments and ensure that your family knows where financial information is stored. These may seem like small steps, but wealth is rarely created through one dramatic decision. It is built through disciplined actions repeated over many years. The Infinity Connection When the number 8 is turned on its side, it resembles the symbol for infinity - . That is what true investing is about - allowing consistency, patience and compounding to work over long periods. It does not create wealth overnight. Given time, the results can appear magical. Turn Intention Into Action As we move beyond 8/8, do not let the intention remain limited to a date on the calendar. Set a financial intention. Act on it. Review it regularly. Even the largest fortunes begin with focused steps. When your present-day financial actions begin matching your long-term goals, real transformation begins. (The writer is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Discordant Notes

A.R. Rahman has spent three decades persuading India and the world that music can transcend identity. Which is why his recent remarks to the BBC Asian Network land not merely as a sour note, but as a dangerous one. In saying that there was a communal bias against him while describing the film ‘Chhaava’ as “divisive” despite himself working on it, Rahman has said something highly corrosive. For an artist of his stature, such a lapse is not trivial.


The interview, conducted by British Pakistani, nudged Rahman towards a familiar grievance: that the present political climate has made life harder for Muslim artists, snidely insinuating that life for minority community artists under the Modi regime had grown ‘intolerable.’ Taking the bait, Rahman went on to speak of a ‘chill’ in opportunities, while gesturing towards majoritarian intolerance and framed the film ‘Chhaava’ – which deals with Chhatrapati Sambhaji’s resistance against the tyrannical Mughal Aurangzeb - as a cultural fault-line.


The implication was that if Rahman’s work is not embraced, it is because the times are communal. This is where his argument collapses under its own weight. Indian popular culture has long been one of the country’s least sectarian arenas. Talent has been its harsh but largely impartial judge. Shah Rukh Khan remains its most bankable star. Aamir Khan still commands audiences. From Zakir Hussain’s tabla to Amjad Ali Khan’s sarod, from A.P.J. Abdul Kalam’s presidency to Azim Premji’s boardroom, the evidence stubbornly contradicts the notion of a glass ceiling imposed by faith.


For Rahman to claim otherwise is intellectual vapidity and sheer dishonesty. More damningly, for all his playing the victim card, Rahman’s professional circumstances do not support his case. He continues to be commissioned for marquee projects, including a lavish Ramayana which he is apparently co-scoring with Hans Zimmer.


Does Rahman’s receding star have something to do with his remarks? Like every artist who has dominated an era, is he fearing that his dominance is coming to an end? To dress the natural descent of a career arc as ‘communal discrimination’ is petty and unbecoming.


Voices within the industry have said as much. Author and columnist Shobhaa De, hardly a fellow-traveller of the current disposition, called Rahman’s remarks “very dangerous.” She rightly argued that religion has rarely been the barrier in Bollywood. When a man so successful, so decorated, so globally admired like Rahman plays the victim’s card, the gesture tarnishes his career.


What makes Rahman’s comments truly reckless is not their personal self-pity but their public consequence. India’s cultural ecosystem is already tense, hypersensitive to perceived slights, and prone to turning nuance into ammunition. When a figure of Rahman’s influence implies communal bias without evidence, he legitimises suspicion. He teaches younger artists that failure is always political, never professional.


By reaching for communal alibis, Rahman is trading the dignity of decline for the cheap shelter of grievance. History is rarely kind to such exchanges.

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