Archive for March, 2009
‘BULL MARKET’ IN EQUITIES HAS BEGUN: MARK MOBIUS
March 24th, 2009
Mukesh DedhiaThe next “bull-market” rally has begun and there are bargains in every emerging market following a record slump in stocks, Templeton Asset Management Ltd’s executive chairman Mark Mobius said. “You have to be careful not to miss the opportunity,” said Mobius. “With all the negative news, there is a tendency to old back.” Emerging markets are in “better shape” than developed economies, Mobius said. The fund is looking for companies that are “cash-rich,” have low debt and higher dividend yields, or those that can invest for future growth yet have cash left to pay shareholders, he said.
EARN FROM YOUR HOME AFTER RETIREMENT
March 23rd, 2009
Mukesh DedhiaUntil recently, residential property could either be used for accommodation or as a source of rental income. From 2007, homeowners got a chance to have their cake and eat it too. The Reverse Mortgage Scheme introduced by the National Housing Bank allowed senior citizens (those over 60 years of age) to monetise their property to meet their expenses.
It has been observed that senior citizens, because of their old age, become dependants on their sons and relatives. In the organized sector, there is a provision for pension also. However, there are some sectors where there is no provision for pension. At the same time, the pension amount is so meager that it is hardly sufficient to meet their medical treatment and contribution to the education and marriage of their grandchildren. As a result, they are treated as burden by their sons and relatives. The senior citizens, in the absence of regular income, are not able to play their social obligations effectively.
This is where reverse mortgage can be of great value.
SBI Gold Deposit Scheme
March 19th, 2009
Mukesh DedhiaA new investment avenue has come in the market.
Now you not only ensure safety of your idle gold but also earn interest thereon. The features of this deposit scheme are as follows:
- Gold accepted in any form
- Minimum quantity: 500 gms
- Interest bearing certificates issued against deposits
- Exempt from Income Tax, Wealth tax or Capital Gains
- Maturity period: 3, 4 & 5 years
- Interest Rates 1%, 1.25% & 1.50% for 3, 4 & 5 years respectively
- Premature payment permitted after one year
- Option of redemption of principle in pure gold or equivalent cash
- Nomination, transfer & Loan facilities Available
This is not an advertisement or a way to market. Just informing the investors of the new investment avenue available.
Happy Investing………..
IN FINANCE, INTEREST SHOULD ONLY MEAN COMPOUND INTEREST
March 12th, 2009
Mukesh DedhiaInterest is interest, right? Well actually, no, it isn’t. There’s a BIG difference between simple and compound interest.
As an investor it is high time you understand the difference between simple & compound interest.
Simple interest is where the amount of interest generated each term is constant, based on only the starting amount.
Compound interest is where the amount of interest generated each term increases because it is based on both the starting amount and previously earned interest.
What gold? Go for silver!
March 9th, 2009
Mukesh DedhiaPoor man’s gold — silver — has got more fans in the recent past among investors. The reason is that silver has outperformed gold as far as prices are concerned.
Both silver and gold have enjoyed strong runs recently, but silver has outperformed, with the price rising 30% in 2009 compared with gold’s 11%. This has reduced the gold/silver ratio from 80 to 69, a fall of 13%.
If you notice the pattern of prices of gold and silver, you can find some interesting facts in it.
Investing in a bear market
March 6th, 2009
Mukesh DedhiaHere is a link to an interesting article on investing in a bear market.
http://www.wealthforumezine.net/20090302/mehrabsmusings.html?mEmail=&mVolume=20090302
Financial Engineering Has Gone On Too Long, Too Far Already
March 6th, 2009
Mukesh DedhiaIt’s time we got back to fundamentals and simplicity
Much has been said and written about the meltdown in financial markets. what has happened is so large in scale and the import for emerging economies like india so serious that more debates and comments will continue for a long time.
Investment banking, at least of the wall street kind, is dead.
is it a disaster or a blessing in disguise for the emerging markets? probably the latter.
Is there a lesson from it all? yes, most certainly - go back to fundamentals and grandpa’s simple logic and approach.
GLOBAL WARMING
March 5th, 2009
Mukesh Dedhia“We do not inherit the earth from our ancestors; we borrow it from our children.”
— Chief Seattle
Everybody is talking about the Economic meltdown but not many are concerned of the alarming problem of GLOBAL WARMING.
MAJOR GLOBAL ENVIRONMENTAL ISSUES
Include:
- Greenhouse gases and global warming.
- Use of non renewable resources.
- Fresh water availability and quality.
- Food availability and distribution.
- Pollution and waste.
- Biodiversity loss.
- Deforestation.
What is global warming?
Also called the ‘greenhouse effect’, it describes the gradual increase in air temperature in the earth’s lower atmosphere.
We hear the term “greenhouse gas” a lot—but what is it?
Push yourself a bit more!!!
March 3rd, 2009
Mukesh DedhiaWhen we were small, we all had this wish of making it big in life. Becoming an actor, a doctor, an engineer etc. But as we become big & face the reality, we end up being something else only. Even if we achieve what we wanted, the very next second we realize the world is much ahead of us.
I don’t want you to compete with the world but to compete with yourself. The power has & always will be within you, but nothing will happen until you get & stay motivated to make something happen, to change your life & achieve your desires. One should always try to move a step further from where he is because once you put the first step, then “SKY IS THE LIMIT”
WHY PAY FOR BRANDS……?
March 2nd, 2009
Mukesh DedhiaRecession is the hot topic of discussion these days. It has directly or indirectly affected everyone’s life. We have already lost loads of value in the stock markets. Economy’s growth rate has also deteriorated. Jobs are being lost. The change has been on macro as well as on micro level.
In this changing scenario, we also need to make changes in our spending budget (either voluntarily or by default). While making these changes, we cut down on wants & prioritize on our needs. Another place where we can cut down our expenditure is on branded goods. But in the first place we have to decide whether these branded products are our needs or wants????