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Statistics |
| Unique Visitors: 245 |
| Total Unique Visitors: 585742 |
| Visitors Out: 1051 |
| Total Visitors Out: 1051 |
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| Returns that beat inflation and taxes |
| 2008-05-06 09:33:00 |
I was going through an interesting statistic in Times of India today- 6th may 2008. The article saysIf you has invested Rs 10,000 a year ago in any of the following today it will be worth1) Nifty -12595 ( ideasmoney comments--- this is roughly 26%. It manages to beat current inflation rate . effective return 26%-7.5%= 18.5%, no tax as long term capital gains rate for equity is 0%. , dividends that you would have got are a bonus!!)2) Sensex -12502 ( ideasmoney comments--- this is roughly 25%....
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| Buying gold on Akshaya tritiya |
| 2008-05-06 09:02:00 |
Remember our article published last akshaya tritiya ?? -http://ideasmoney.blogspot.com/2007/04/akshaya-tritya-and-gold.htmlif you had invested in gold ETF during last akshaya tritiya, you would have made a neat 25% (approx.) by this akshaya tritiya. You would have got similar increase even if you had bought ornaments, but the cost of storage, resale value , etc brings down the ROI .What are you waiting for??? Start your Gold ETF purchase this akshaya tritiya!!See the splendour of Belur - Halebid...
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| Penny wise , Pound foolish |
| 2008-04-30 07:49:00 |
One of my friend is a very alert guy when it comes to handling finances. He always goes for a bargain buy ( even for vegetables), plans his tax on time and so on. But when it comes to a buying a home, he was not that prudent . This is the mistake that most of middle class makes. he booked a flat almost to years ago with a reputed builder in Bangalore and still waiting for a day to get the possession. He keeps paying his EMI and has lost already lot of money in terms of the rent he is paying and ...
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| NFO : ICICI Prudential Focused Equity Fund |
| 2008-04-25 01:36:00 |
NEWS -The latest offering from the ICICI Prudential is an open-ended diversified equity fund - the “ICICI Prudential Focused Equity Fund”.The fund’s investment strategy will be to invest in 20 large cap companies from the top 200 stocks listed on the NSE on the basis of market capitalisation. If the total assets in this fund crosses Rs.1000 crore then more than top 20 large companies would be added to the portfolio.Scheme DetailsIssue Opening Date : April 8, 2008Issue Closing Date : May 7,...
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| Investment ideas and resources online |
| 2008-04-24 02:31:00 |
It has been quite a while since I switched over to investments books online. Here's a list sites that I frequently visit.Dailies ~thehindubusinessline.com - Dont miss the Sunday editionbusiness-standard.comtheeconomictimes.com - Monday investor's guide is my favouritelivemint .comMagazines ~outlook-money.commoneytoday.inOthers~valueresearchonline.commutualfundsindia.commoneycontrol.compersonalfn.cominvestment sites online, investment blog india, list of websites on personal finance , investmen...
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| Advertisements (to loot you???) |
| 2008-04-24 01:43:00 |
The very purpose of advertisements is to build a larger than life image of the products that is being advertised.Insurance advertisements are most funny in that sense...1) The daughter gets admission in a university abroad , father surprises her by showing her the education policy which has multiplied enough to finance her needs 2) Dreams like owning a book shop or a house in goa can be fulfilled by investing in insurance policies 3) Father planning his retirement and being independent by invest...
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| Thematic funds from Sundaram |
| 2008-04-22 09:49:00 |
News-Sundaram BNP Paribas MF launches Select Thematic Funds Entertainment Opportunities (On Apr 16 , 2008) Sundaram Mutual Fund launches another open ended thematic equity fund, Sundaram BNP Paribas Select Select Thematic Funds Entertainment Opportunities. The investment objective of the scheme would be to achieve long term capital appreciation by investing primarily in the equity and equity related instruments of companies that focus on opportunities in the entertainment business. As a thematic...
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| AIG Investments launches the AIG World Gold Fund (On Apr 7 , 2008) |
| 2008-04-11 08:59:00 |
News - Source MFI-AIG Investments has announced the launch of the AIG World Gold Fund – an open ended Fund of Funds Scheme investing in companies engaged in the extracting, processing and marketing of gold through an international fund. The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of AIG PB Equity Fund Gold based in Zurich. The New Fund Offer will be open for purchase from 15 April - 14 May 2008 and will re-open...
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| Planning to SIP?? |
| 2008-04-09 08:40:00 |
No one is talking about markets and investments these days , as they used to talk a couple of months ago. Conversations on Stock/ MF , Browsing of Investment sites/blogs, Display/ reading of investment mags. are not a great trend now as it was sometime ago.The Fad seems to be gone. For one who is seriously looking at creating wealth for the long term, equity markets are a great place to invest now. Not that the worst is over yet. But investors who invest during tough times and are patient ( 5...
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| Popular searches to this site |
| 2008-04-09 08:34:00 |
1) Tax related queries / Analysis on tax saving instruments 2) ULIP vs Mutual Funds / SIP / Analysis of ULIPS3) Queries on Mutual Funds and NFOs4) Personal Finance Blog searches/' Personal Finance ideas' ...
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| Being aware of your finances. |
| 2008-04-03 23:52:00 |
When I was talking to a couple of my friends/colleagues , I got great surprises .Person A was telling that he had never claimed his medical bills ( 15,000 Limit) in his entire career spanning more than a decade. Not that he wasn't aware of it, but he didn't care to take time to submit claims.Another one said, he never bothered to withdraw/ transfer his PF from his previous employers. He is with the present employer for six years. He says he doesn't understand finance nitty gritties to do this!!...
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| Latest tax calculator 2008-09 |
| 2008-04-03 01:54:00 |
Tax Calculator for you - Courtesy ( ICICI Pru life)http://www.iciciprulife.com/public/images/ICICI%20Taxculator%20Deskmate.zipExcel sheet to calculate tax liability , tax amount , 2008-09...
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| Simple and Complex |
| 2008-03-26 03:58:00 |
There are many things in life that we complicate for ourselves. Simple thinking can be one good solution for most of the problems. Investment is one area where we try to complicate too many things. Choosing the right stock, Timing ups and downs , Listening to experts (??) on TV and other media . Still at times our portfolio built by all this complex info processed doesn't yield the desired results...What's a simple solution??? 1) Invest only for long term in equity with definite goals 2) Do most...
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| Sub-prime crisis and India |
| 2008-03-20 03:31:00 |
There is a lot happening in US because of the sub-prime crisis . I was reading in some website that there was no sub-prime lending in India. Sub-prime lending is about giving a loan to a person with poor credit history. In India, lending to people with poor credit history is minimal . If we look at the chunk of middle class home loan borrowers, they have good credit history.But their hefty home loan EMI payments are dependent highly rather solely upon their pay checks. A lot of borrowers are fro...
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| Free fall of stocks |
| 2008-03-17 09:47:00 |
There is a free fall of stocks in Indian stocks markets following the global trends. Indian indices grew faster than the global peers. So ,they are falling faster too. Sub - Prime crisis and US recession seem to be the guiding factors. Earlier we were discounting all bad news .Now we are discounting all good news. Indian economic growth is also seeming to slow down. All said and done , the free fall is bringing a lot of stocks to attractive valuation levels. May be its time to start looking o...
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| What strategy to adopt now |
| 2008-03-11 09:20:00 |
With a lot of volatility in the market, what is the way to go now.. Buy on every dips???. You never know the real bottom of the markets ...So, never buy on each and every dip .a) Select your long term stocksb) Keep aside a fixed amount to invest in those stocks every monthc) Keep buying the chosen stocks on pre-determined dates or when it comes below a particular price.d) Always invest with a very long term view and never go by TIPs alone.Or better SIP it out in Diversified equity MFs...
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| Home loan |
| 2008-03-11 09:15:00 |
I have seen many salaried class people say that we took up home loan to save tax...Its a good idea but not always. When taking a loan understand that your net interest paid get reduced to save extent notionally by the tax you save. If your HRA benefits are greater than loss from house property , you should weigh both options carefully to take a decision. If you are staying in a house bought on loan , its not a real asset which generates income for you. Also, don't go over board in taking a loan....
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| What makes you rich ? |
| 2008-03-06 04:11:00 |
It is not what you eat but what you digest that makes you strong.It is not what you read but what you remember that makes you learned.It is not what you profess but what you practice that makes you great.It is not what you earn but what you save that makes you rich.Easycrafts...
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| Change of season |
| 2008-03-05 02:29:00 |
Season's keep changing. So, does the sentiments in stock market. The stocks that were looking bright and prosperous a couple of weeks back are beaten to death by the street. What are the lessons to learn from this. 1) We should always buy stocks trying to understand its fundamentals. Do not buy something because the stock is the ' In thing/ fashion". 2) Invest always for the long term ( at least five years) 3) Once you have made a decision stick to it and be patient to reap the result. Do not ge...
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| Some relief for the salaried class at last! |
| 2008-02-29 03:47:00 |
Budget 2008~ the things that strike me firstThe tax slabs have been liberally changed in favour of the salaried class. The savings can be from Rs 4000 to around 50000 depending upon your salary range and structure.The other welcome change in this budget is - You can claim tax benefit on up to Rs 15,000 which is used to pay medical insurance premium for parents ( apart from 1 lakh under 80c).Short Term Capital gains up to 15%- Not good for traders . But doesn't make a difference for true investor...
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| DSP Merrill Lynch Natural Resources and New Energy Fund |
| 2008-02-28 00:53:00 |
News~DSP Merrill Lynch Fund Managers has announced the launch of its open ended equity growth scheme, DSP Merrill Lynch Natural Resources and New Energy Fund. The scheme aims to invest a minimum of 65 per cent in the domestic companies which belong to the natural resources, energy and new energy sectors and up to 35 per cent of its funds will be invested in two international funds i.e. New Energy Fund and World Energy Fund. The natural resource sector will include base metals, other minerals and...
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| Trading and Investing |
| 2008-02-27 23:20:00 |
Recently I happened to meet with two of my friends who have been investing in the stock market for a long time. The first person is not a long term investor. He is a trader although not a day trader. He quoted a particular stock and said he had bought and sold the same stock at least five times in the last 10 years. He definitely gained 20% on each of the transaction. Another friend has been holding the same stock from last 10 years. He had invested a few thousands. Now the stock after multiple ...
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| Greed and Fear |
| 2008-02-21 23:11:00 |
A reasonably priced IPO is taking a long time to get subscribed fully in the retail segment now. But when the market euphoria was on over priced IPOs got subscribed in lightening speed. Most of the investors( I should call them traders rather) follow a group behaviour. They either are too greedy or too fearful. Both are not great attributes for a seasoned investor. As a famous quote goes " We should be fearful when everyone is greedy and be greedy when everyone is fearful"...
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| Time matters the most |
| 2008-02-14 09:21:00 |
In this period of high volatility ,many have started thuinking about the risk in stock market. This will be the right ocassion to recollect a slide from the article" Power of Equity *" . The following slide clearly depicts, the longer a person stays in the market - the probability of losses keep coming down.( As per the slide which has compiled past data from Indian Indices)If your investment horizon is 15 years , % times positive return is 100% and Minimum and maximum returns are 13% and 27%.Ev...
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| IPOs |
| 2008-02-14 09:13:00 |
Offer /Price/ Open /CloseGSS America /400-440 /11-02/ 15-02V-Guard Ind /80-85/18-02/21-02Rural Elect Corporation/Not Rated/90-105/19-02/22-02...
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| NFO |
| 2008-02-14 09:06:00 |
Scheme Category Open Date Close Date Offer Price (Rs) Min Investment (Rs)Mirae Asset India Opportunities FundEquity - DiversifiedFeb 11, 08Mar 10, 08105,000Morgan Stanley A.C.E. FundEquity - DiversifiedFeb 11, 08Mar 10, 08105,000Birla Sun Life Pure Value FundEquity - DiversifiedJan 17, 08Mar 01, 08105,000...
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| What a change!! |
| 2008-02-12 23:14:00 |
It was not long ago that we were all in a euphoria thinking that the sensex is never going to slip. Many new investors rushed to invest their money in big IPOs and new demat accounts opened. Experts opined that this was the best time to invest in Indian economy. FIIs started moving out and the golden IPOs have to come to earth. Now there is a downward journey of sensex. What a Change in span of 15 days. Experts predict more downside !!! The best way to reap the benefits (from Equity) would be to...
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| Open Equity and ELSS NFOs |
| 2008-02-06 23:23:00 |
Scheme Category Open Date Close Date Offer Price (Rs) Min Investment (Rs)HSBC Small Cap FundEquity - DiversifiedJan 19, 08Mar 03, 081010,000HSBC Emerging Markets FundEquity - DiversifiedJan 28, 08Feb 25, 081010,000Lotus India AGILE Tax FundEquity - ELSSNov 15, 07Feb 15, 0810500SBI Tax Advantage Fund - Series 1Equity - ELSSDec 03, 07Mar 03, 0810500Reliance Equity Linked Saving Fund - Series 1Equity - DiversifiedDec 18, 07Mar 17, 0810500UTI Long Term Advantage Fund - Series IIEquity - ELSSDec 19, ...
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| Struggling IPOs |
| 2008-02-06 23:19:00 |
The secondary market correction has got in sanity to the IPOs too.. Two big brand names are struggling to get subsribed even a single time extending their subscription dates and cutting down their price range.If there were'nt a correction many of us would have applied for these IPOs. The element of greed has come down and sanity has returned back. Lets hope this prudence continues....
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| Guide to investing- Learn from "NATURE" |
| 2008-02-02 20:45:00 |
* from a old pamplet of canbank mutual fundInvest Early - To get a headstart in lifeThe zebra foal gets a headstart in life as it stands up within an hour of birth.Invest Regularly - To create wealth over a period of timeAnts regularly store more food than they consume.Ensure Safety - By investing in schemes that provide adequate safetyThe baby kangaroo is well protected and safe in its mother's pouch even when she leapsDiversify Investments - To minimize risks and maximize returnsThe Squirrel h...
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| Another good news from SEBI |
| 2008-02-01 10:21:00 |
The Securities and Exchange Board of India (SEBI) on Wednesday prohibited mutual funds from charging and amortising initial issue expenses on closed-ended schemes.Before the SEBI move, the mutual fund houses were allowed to amortise issue expenses of up to 6 per cent of the amount collected when a new scheme was launched.So if a scheme raised Rs 1,000 crore it was allowed to recover up to Rs 60 crore as initial issue expenses from the investors investing in the scheme.Initial issue expenses incl...
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| Never do HYPE investing |
| 2008-02-01 10:13:00 |
We purchase some shares or mutual funds just because of the HYPE associated with the names. This can be dangerous at times. It is very normal for everyone to get carried away by hypes. But investing without any due research can be dangerous. There are companies which are trading in extremely high P/E ratios. There may be huge growth possibilities but risks associated with the growth factor has also to be understood before one makes an investment decision. if we invest only based on HYPE ...We s...
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| Why the market correction is good? |
| 2008-02-01 10:09:00 |
This market correction has been good because it has brought down the issue price of a couple of IPOs down.Companies using the frenzy in secondary markets have tried to over price the issues and tried to make a killing out of public money. Pricing based on market sentiments rather than on intrinsic value and growth prospects can kill the stock market system.SEBI should come up with some stern measures to determine the price of IPOs. Investors should also be careful while investing in IPOs and nev...
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| New ELSS NFOs |
| 2008-01-28 23:08:00 |
Scheme,Category,Open Date,Close Date,Offer Price (Rs)Lotus India AGILE Tax FundEquity - ELSSNov 15, 07Feb 15, 0810SBI Tax Advantage Fund - Series 1Equity - ELSSDec 03, 07Mar 03, 0810 Views- You can prefer funds like Magnum tax gain, Sundaram tax saver, HDFC Tax Saver or Principal tax saver fund for your tax investments....
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| Stock market investing and panic |
| 2008-01-24 07:14:00 |
At ideasmoney we have always emphasised on the need for long term investing in equity (> 5 years) and Systematic investing. Moreover we have always suggested to invest only such money in equity which is not required for at least a couple of years.People who panic are only traders and if you have been investing through vehicles like SIP, you need not worry at all.There are two more things that one needs to follow1) Never ever think experts ( analyst) are gods-Many people tend to follow words of a...
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| NFO JM Tax Gain Fund |
| 2008-01-23 00:32:00 |
.Nfo Closes On 25th March 2008An Open Ended Equity Linked Saving Scheme Minimum Application Amount: 500/- Asset Allocation: Equity -80%-100%,Debt -0%-20% Entry Load: 2.25% Exit Load: Nil Benchmark: BSE 500 IndexViews- This is for those who are hardcore fans of JM and it's star investor. we suggest investing in existing proven tax fundsEASY CRAFTS - the best crafts blog Earn a crore...
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| Standard Chartered Small & Midcap Equity Fund -NFO |
| 2008-01-23 00:25:00 |
News- Issue Open 09-Jan-2008Issue Close 15-Feb-2008Scheme ObjectiveStandard Chartered Small & Midcap Equity (SME) Fund, is a close-ended equity scheme with no assured returns. The investment objective of the Scheme is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments.Equity DiversifiedClose-EndedEntry Load 0.00 %Exit Load 0.00 %Exit load: For redemptions or switch out during the specified redemption period, till the maturity of...
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| Fall of stocks |
| 2008-01-21 20:20:00 |
With stocks falling for more than a week and a big fall yesterday, there is great panic.There is no need to panic if you are a long term investor and have invested systematically in equity with long term goals.This can also be a time to do prudent cost averaging n your stocks. Volatility is inherent to nature of stock investing and you have to live with it to make your gains....
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| Is it a good investment? |
| 2008-01-18 02:26:00 |
I get to see a lot of questions in website Q&A, forums, mails in the lines of..."I have invested Rs X in Y MF/ Z shares. is it a good investment??". The immediate answer that comes to me is "Why did you invest if you were not aware of the consequences??". It is very important to understand where you are investing your money. At least a basic study or understanding is essential before you invest. There is no point going around for reassurance after you make the investment. With the markets o...
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| IPO's ahead |
| 2008-01-17 04:43:00 |
Reliance Power 405-450 15-01 18-01J Kumar Infra 110-120 18-01 23-01Cords Cable 125-135 21-01 24-01OnMobile Global 425-450 24-01 29-01Manjushree 45 31-01 06-02should I apply? How is this IPO, Listing gains, grey market premium, allotment status, how to check if shares are allotted, how many shares allotted for application, refund delay, views, subscription expert views suggestions, is it a good share to apply. refund date, listing date, how to complain, application, apply online...
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