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Highlights of the Budget that effect You and Me 2008-03-01 11:00:22 Well i am listing down some of the highlights of the budget that effect
me or might effect me or atleast i think it effects the common man.....
- Personal income tax exemption hiked to Rs 1.5 lakh
- Senior citizens threshold tax limit increased from Rs 1,95,000 to Rs 2,25,000
- Tax exemption for women increased to Rs 1.8 lakh
- No excise duty on refrigerating equipments
- Small Read more:Highlights
What is P/E Ratio 2008-02-23 07:35:35 Have you heard of P/E (Price/Earnings Ratio
)? It is one of the Oldest and most used term when it comes to value of shares. And you know although i heard it several times and also knew what it meant but was never able to figure out how to use it to find out the value of the shares that i was planning to buy.
Any ways i have found some useful information on Price/earning ratio which i am planning
Cash or Finance for buying a Car 2008-02-17 10:31:42 Thinking of buying a new Car, Cant make up your mind whether to get it financed or pay by cash for the entire car, cash which is lying in fixed deposits/mutual funds/wherever....
Well to anyone casually looking would suggest that paying by cash would have been a better option, the smart thing to do, this way you wont have to pay the interest. So if your car costs Rs. XX/-, you will end up paying
Some Good Stocks 2008-02-12 10:51:00 In continuation, with my last post on best stocks if we see th over all prospective, and the way the market is headed south, it is a good opportunity to invest in some really good stocks. Some Stocks
which can give returns if kept over a long time, atleast i feel these are really good stocks.
But please as a disclaimer don't take my word for it please do be careful while investing and let me also
Life's Goals 2008-02-09 12:16:57 Have you ever wondered what your real goals in life are? What are your priorities in life?
Well these are important questions one should ask himself/herself. Frankly when ever this question is put to me i would probably answer..
1. Find the highest paying job. Work long hours(which i already am working and i guess all of us are) but still work just for the money.
2. Live a lifestyle like a Read more:Goals
Best Stocks 2008-02-07 03:48:53 The top stocks and the kind of stocks to retire with or just save for your child's future according to a research conducted by rediff are some names that normally a person like you and me couldn't even start to pin point are not infosys or reliance but some other names :
1. ITC : Advantages
a. Strong Brand
b. Read more:Stocks
How to Invest in the Stock Market 2008-02-04 04:32:29 Or Should i say what not to do while investing in stock market's.....
There are some common mistakes that individual investors like myself always tend to do while investing in the stock market and as i did once, i dont want anyone else doing the same. So here are a few points to be careful about.
1. Some stock brokers talk about "TIMING", buy low and sell high, its not possible to predict the Read more:Market
, Stock
Income Tax Calculation Form 2008-02-01 08:39:54 For all those people who have started to worry about their Income
tax, about how much to pay, how to calculate and the likes i am herewith attaching a IT calculation sheet that i found, it is usefull and works in Excel so even more beneficial.
Here's the Link....
So now Calculate your income tax and start to buy all those ELSS, LIC, FD's and the likes to save your money. Read more:Calculation
, Income Tax
The Indian Middle Class 2008-02-01 08:33:40 The above image is how the average Indian has been and will be spending his money. As per McKinsey, the average middle class indian wants to spend money on better living standards. They say that "Even India’s most affluent consumers will outnumber not only the comparable segment in China but also the entire current population of Australia" They go on to say that "Above all, consumers will
Income Tax returns, PF and RTI 2008-01-29 23:38:29 Does the government Owe you money like PF, Income
tax returns, Pensions??
No one seems to be able to tell you when and how you will get this money.......
Well there seems to be some good news and the good news is in the form of "RIGHT TO INFORMATION ACT".
What is RTI?
Well in the supreme courts words ""The “right to information” is defined in sec. 2(j) as a right to information accessible Read more:Income Tax
CALCULATORS 2008-01-26 09:36:33 I was checking out the net and have come across these great calculators which are very handy. Although most of them show the unit of Currency as Dollar ($) but if you mentally substitute $ with Rs. they are very handy in their way
1. Inflation Calculator : You need to know what the cost of any item will be after a specified number of years, for example, how much would be the cost of a Rs. 100/-
Contingency Fund 2008-01-25 02:29:26 A lot of times during the course of this blog i have spoken about the Contingency fund and even if you see my New Year Resolutions i have planned to start one, but frankly i haven't been able to get myself to start one yet but now i have laid out a plan for myself and i don't know if it could be useful to anyone of you but its certainly workable for me as far as i can see......
1. Small Starting
Doubling your Money 2008-01-23 08:06:26 How many of you wonder how financial professionals can so quickly mentally calculate how much money you’ll have in 30 years based on an return on the investment? Well, the magic can be easily attributed to the Rule of 72. In order to use the Rule of 72, all you need to know is how to divide various numbers into 72. For example, 9 divides into 72 8 times. 10 divides into 72 7.2 times. Etc. Once Read more:Money
Reasons For Market Crash 2008-01-22 08:48:46 Why Did the Market
s Crash?? I am listing below some of the reason that i understand
1. Relent less selling by the FII's.
2. Lot of Investors turning into traders and taking long positions in the futures Market.
3. Overall Change in the Global Investment Climate
4. Fear of the US Economy headed towards a recession.
5. Commodities Market Being Very Volatile.
6. Increasing Presence of Hedge Read more:Reasons
What's happening to the Markets 2008-01-22 06:59:56 If the Markets
keep going down like this on a daily basis, very soon most of the money that people like me thought we had, would have eroded to nothing. And then we keep hearing on the News that this is just a reaction to the Overseas markets. My Question is why is our market dropping more then anyone else's. We have lost about 10 - 12 % while no other market seems to have lost 10%. Its very
Crashing Market 2008-01-22 06:34:28 CRASH
BOOM
BANG
BLACK MONDAY
Need i say more
Go look for the whys, wheres and how your self. I am in mourning Read more:Market
Where Are the Markets Headed 2008-01-20 10:50:35 Came across this article on the net on where the markets are headed in the near future...., its based on the Fibonacci series(Its a mathematical sequence of numbers). I think i did see a similar article in one of the news paper but this one is well written so do go through it, its worth a read and let me know what you think.
Target for the markets'08 based on Fibonacci Series Read more:Markets
Lower interest rates 2008-01-19 11:34:00 Well its the equity markets season and i am talking about loans, some would wonder why. Well it so happens that i know for a fact with the market running low and very little oppurtunity to sell, not everyone is in a good shape right now and are wondering about taking loans to spend money or maybe loan to just buy into the market. And the first think when that comes in your mind when you think of Read more:Lower
Markets 2008-01-18 06:25:20 Thanks to Moneycontrol for the image
Equity Markets
Falling and falling so hard its starting to hurt. Everything falling head first and please do note that this was not just the Indian Markets but a worldwide fall. And everyone was so very optimistic about the Indian Market. To top it all up people seem to have invested
Hey Everyone 2008-01-17 07:18:47 Hey Everyone,
I Didn't Die after all these days. I have been busy doing some really good things for the blog. First thing you must have of course noted is the change in the layout design. I hope it looks good cause i wouldn't want it any other way. Second and something very important to me is the change in the domain name, that is if you see your address bar you will now be seeing http://
New Year Resolutions 2007-12-30 01:07:50 Its that time of year when everyones down to making resolutions for the new year and plan not to stick to them by the first week of the next year. But Resolutions
do need to be made, and if you by any rare chance end up sticking to them you might just come out a winner. I am here jotting down some of my "New Year
Financial Resolutions" and just like everyone else i vow to see them through next
Warren Buffet's interview to the CNBC 2008-03-14 06:46:31 I found this transcript of WarrenBuffet
's interview
with CNBC held on 03/03/08. Its worth reading this legendary investor is really the best and its worthwhile to read anything on him. Anyways heres the complete interview.... Read more:Warren Buffet
Tax Alert impacting individual and Employer 2008-03-12 23:58:34 Why am i still talking about the budget? Well i am not i found this Ernst and Young report that tells all about the budget implications on both the individuals and the employer. I thought it could be useful to many of us either way, so i have uploaded in it in the link here, its a direct download so no waiting. Read more:Alert
, Employer
What Do you do with Surplus Money ? 2008-03-16 12:11:10 If you have been reading my Blog regularly you will probably have learned about saving better by now and probably be even able to make your money work for you, so you might actually end up with some money surplus. Or maybe someone has just given you an extra bunch of cash and you don't know just what to do with it, well you could probably could use a few tips as mentioned below...
1. Pay of that Read more:Money
, Surplus
HAPPY HOLI 2008-03-21 00:22:39 This is one festival that i really love, the festival of Colours and i have some very fond memories of the same, so guys enjoy life and Happy Holi..
What Is a Mutual Fund ? 2008-04-06 10:55:10 Well although i know most of us already know what is a mutual fund but i just thought for all those new to the investment scene who like to ask this question a lot, so maybe i can explain the basics of Mutual
funds and who knows maybe all of you who have been investing in mutual funds may also learn a thing or two about them.
Mutual Fund is basically a company that brings together a group of