Term Of The Day - Frugalista
January 21st, 2010
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
People who keep up with fashion trends without spending a lot of money. Frugalistas stay fashionable by shopping through alternative outlets, such as online auctions, secondhand stores and classified ads. They also reduce the amount of money spent in other areas of their lives, such as by growing their own food and reducing entertainment expenses. This is a popular term during recessions.
Term Of The Day - Escrow
January 21st, 2010
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled. Securities, funds and other assets can be held in escrow.
Applying for IPOs through a new system - ASBA
January 11th, 2010
In category Mukesh Dedhia's published articlesby Mukesh Dedhia
Application Supported By Blocked Amount
Have there been times when you wanted to subscribe for an Initial Public Offer (IPO) but hesitated because you couldn’t afford to lock-in so much money for extended period? Apart from your money being frozen, you are seldom assured of full allotment of shares.
There have been many instances over 2007 and 2008 when investors could not get any allotment in an IPO. In such instances, the dejection only increases. The ASBA or Application Support Blocked Amount process introduced by SEBI in 2008 can lessen investors’ anxiety to a great extent.
Term Of The Day - World Economic Outlook - WEO
January 6th, 2010
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
A report by the International Monetary Fund (IMF) that contains analysis and projections of the integral elements of the IMF’s surveillance of economic developments and policies in its member countries, and of the developments in the global financial markets and economic system. The World Economic Outlook (WEO) is usually prepared twice a year and is used in meetings of the International Monetary and Financial Committee.
Source: www.investopedia.com
Cheers to a New Year and another chance for us to get it right!!!!
January 4th, 2010
In category Mukesh Dedhia's published articlesby Mukesh Dedhia
In the outcome of back-to-back holidays, eventful family gatherings & year-end celebrations & generally, too much food, there emerges the New Year’s Day & along with New Year comes the renowned NEW YEAR RESOLUTION! I am sure many people can’t wait until they can attempt to make a new start, reverse all the wrong doings and become a better person.
Every year millions, if not billions of people make new years resolutions, something they plan to do in the New Year and hopefully stick at forever!!!! It’s common practice for people to evaluate their lives at this point, and to consider what they can do to make the coming year their best yet. Why shouldn’t one apply that same thinking to his investments esp. in stock markets?
Homeowner’s Insurance - Factors To Consider
December 30th, 2009
In category Insuranceby Mukesh Dedhia
It is extremely common these days to have homeowner’s insurance on your house. For starters, this is great because your house and all of your belongings will be covered in case of a terrible disaster. If you have pets, then the insurance will cover any situation if your pet tries to bite someone. One of the great things about insurance is that it will protect other individuals that come to your property in case of a negligent accident.
What Kind Of Insurance Is Right For You?
Term Of The Day - CHRISTMAS TREE
December 26th, 2009
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
An options trading strategy that is generally achieved by purchasing one call option and selling two other call options at different strike prices. When drawn structurally, the strike price of the long option is located below the two successively higher written calls and loosely resembles a Christmas tree.
Get Your Finances In Order With A Credit Report
December 22nd, 2009
In category Generalby Mukesh Dedhia
Looking after your money is extremely important in today’s fragile economy so being aware of your financial situation will help you plan for a better future and put your mind at ease. Organising your finances can be a daunting task but with the help of a credit report can be simplified so it’s easy to asses your situation and stop any potential money problems before they begin. Ordering a credit report that shows your overall financial situation in black and white can be a great tool that will help when trying to sort out your money and save for the future.
Term Of The Day - Holographic Will
December 15th, 2009
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
A holographic will is a will that is handwritten and signed by the testator (the person who makes the will). Some states do not recognize holographic wills and those that do require the will to meet certain requirements. The minimal requirements that must be met for a holographic will to be recognized are:
- Proof that the testator actually wrote the will
- Proof that the testator had the mental capacity to write the will
- The will must contain the testator’s wish to disburse personal property to beneficiaries.
source: investopedia.com
CREATE WEALTH THROUGH SINGLE PREMIUM ULIPS
December 7th, 2009
In category Mukesh Dedhia's published articlesby Mukesh Dedhia
You don’t have to win a lottery or inherit a fortune from a distant relative to become wealthy. The latest scientific evidence suggests that you can do it all by yourself, without inside connections, vast business experience, or even luck! There is no such thing as an inherited tendency toward success or wealth. In fact, average and wealthy people seem to be remarkably similar.
Money does indeed change everything: Financial challenges mount exponentially as you add more digits to your bottom line. The list of responsibilities is almost endless. Well, some people will doubt & think that being financially free seems to be an impossible dream to attain. - Never ever doubt about yourself! - To have financial freedom is not impossible and is within your reach if you possess the fundamental understanding of how wealth is created and accumulated.
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