Archive for February, 2009
Mining funds deliver 100% more return than gold ETFs
February 26th, 2009
Mukesh DedhiaGold is surely the flavour of the season. Be it investments in gold exchange-traded funds (ETFs) or funds that invest in gold mining companies, investors have made huge profits.
While gold ETFs delivered their all-time high returns in the past three months, mutual fund schemes that invest in gold mining companies gave more than twice that return.
The spike in gold prices and lowering input cost has helped two funds, DSP Black Rock World Gold and AIG World Gold, deliver a stellar 78.19 per cent and 74.79 per cent returns respectively in the past three months.
But despite the performance, investment advisers suggest that investors should not allocate more than 5 per cent of their portfolio to such funds. “The returns of these funds are the function of the rising gold prices. But they are much more volatile in comparison,” said Mukesh Dedhia, director, Ghalla & Bhansali Securities.
When gold prices increase, it essentially means that the demand for gold has risen. In turn, this causes a rally in stocks of gold mining companies worldwide. But when the noble metal declines, these stocks also get hammered.
Personal Accident Insurance
February 24th, 2009
Mukesh DedhiaFew people have taken cover to protect themselves against the risk of personal accidents and the medical complications they entail. Personal accident insurance is an attractive option; not only does it cost less than other insurance policies, it also covers all accidents. Personal accident policies cover you for one or more of four contingencies in the event of an accident: death, permanent total disability, permanent partial disability and temporary total disability.
As activity increases, there is a need to insurance protection with personal accident cover.
Why to invest in Gold…??
February 20th, 2009
Mukesh DedhiaFor centuries gold has been the ultimate cushion. A way to safeguard your investments against the dangers of stocks price falls, fluctuating rate changes, inflation, rising/falling real estate prices, natural calamities, wars and more. If ever there was a more testing time for gold to prove its mettle, it is now: during a global recession.
The million dollar question today is: will gold retain its sheen in the year 2009, the year of reckoning? Nearly everyone has been breaking their heads trying to figure out the safest investment avenue this year.
In India the stock markets are low, interest rates have come down and elections are round the corner. Is gold the obvious investment destination in such a scenario????
What Is Critical Illness Cover
February 20th, 2009
Mukesh DedhiaWe have earlier discussed about the differences between various Health Insurance plans.
Now let us discuss Critical Illness Insurance in detail.
The term critical illness often comes up when dealing with financial planning. What this article will aim to do is to explain exactly what that term means. Let me show you how best to use it and whether or not you will actually need it.
Understanding health insurance
February 19th, 2009
Mukesh DedhiaThe incidence of chronic diseases has been on the rise all over the world in the past few years. People have been spending large amounts of money treating various kinds of diseases. The cost of medical treatment too has been ever rising. This is where medical insurance can come handy. By spending a small sum on a regular basis in a health-care policy, you can undergo medical treatment assured that your precious savings are not affected by the cost of treatment.
The peace of mind alone could help you to heal quicker!
“BUDGETING” Today for a better Tomorrow…………….!!!
February 17th, 2009
Mukesh DedhiaMake a budget and find different ways to save your money
Financial management means to plan for the future such that a personal entity has a positive cash flow. If u want to cover all risk factors of life then it is essential to plan for retirement, because a thing u buy for Rs.100 today can cost you Rs.1000 tomorrow. So if you save Rs.100 today and invest it properly it can grow to Rs.1000 tomorrow.
Article on Arbitrage fund
February 16th, 2009
Mukesh DedhiaEver wondered if it is possible to generate positive returns even from volatile market conditions without taking much risk….????? If yes, read through.
Of late, there has been an avalanche of bad news flowing out of the Indian stock markets. The Sensex tottering around the 10K mark, the Nifty around the 3K mark, plummeting stock prices of most companies, mutual funds failing to garner any positive returns… the list seems to go on and on, and on. Amidst all of these sob stories, we have become almost desperate for some positive information.
Economic thoery of love
February 14th, 2009
Mukesh DedhiaCheck out the article on economic theory of love at-
http://livemint.com/2009/02/12222311/An-economic-theory-of-love.html?d=2
How to make money when interest rates are falling.
February 13th, 2009
Mukesh Dedhiahow-to-make-money-when-int-rates-are-falling
Retirement pe bhi SAR UTHAKE JIO!!!!!!!
February 12th, 2009
Mukesh DedhiaRetirement is one of the most important life events many of us will ever experience. From both a personal and financial perspective, realizing a comfortable retirement is an incredibly extensive process that takes sensible planning and years of persistence. Even once it is reached; managing your retirement is an ongoing responsibility that carries well into one’s golden years.