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.
Motor Car Insurance- Demystified-Private Cars
December 2nd, 2009
In category Insuranceby Mukesh Dedhia
All of us having motor vehicles have to go through the yearly ritual of buying Insurance on our car; Motor insurance as the market calls it. This article tries to demystify the jargon and processes involved in General Insurance.
The basic jargon:
Insured – Owner of the private car
Insurer – The Insurance Company
Read the rest of this entry »
Know the basics of Education loans!
November 26th, 2009
In category Financial planningby Mukesh Dedhia
The cost of education, especially for graduate and post graduate courses, has been increasing steadily in the last couple of years. With the rising inflation, parents, students and professionals alike, are finding that funding higher education in India or overseas is not as easy as it used to be.
However, a ray of hope is seen with the availability of educational loans from various banks, which can fund an individual’s higher education. As these loans are not one of the ‘mainstream’ loans such as home loans or personal loans, people are hesitant or mostly unaware of such options.
Term Of The Day - Eurodollar
November 18th, 2009
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
U.S.-dollar denominated deposits at foreign banks or foreign branches of American banks. By locating outside of the United States, eurodollars escape regulation by the Federal Reserve Board.
Source: www.investopedia.com
The trap we call”Ponzi”
October 26th, 2009
In category Mukesh Dedhia's published articlesby admin
What is a Ponzi scheme?
A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned.Ponzi scheme usually in order to entice new investors, provide short-term returns that are either abnormally high or unusually consistent. The system is destined to collapse because the earnings, if any, are less than the payments.
Term Of The Day - Rule Of 72
September 22nd, 2009
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
A way to estimate the number of years it takes for a certain variable to double. The rule of 72 states that in order to estimate the number of years for a variable to double, take the number 72 and divide it by the growth rate of the variable. This rule is commonly used with an annual compound interest rate to quickly determine how long it would take to double your money.
Term Of The Day - Private Equity
September 15th, 2009
In category Term Of The Dayby Mukesh Dedhia
What Does it Mean?
Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity. Capital for private equity is raised from retail and institutional investors, and can be used to fund new technologies, expand working capital within an owned company, make acquisitions, or to strengthen a balance sheet.
The majority of private equity consists of institutional investors and accredited investors who can commit large sums of money for long periods of time. Private equity investments often demand long holding periods to allow for a turnaround of a distressed company or a liquidity event such as an IPO or sale to a public company.
Categories
- Commodities (1)
- Economy (5)
- Financial planning (16)
- General (36)
- Term Of The Day (21)
- Insurance (5)
- Interesting articles (6)
- Mukesh Dedhia's published articles (21)
- Mutual Funds (1)
- Taxation (3)
- Today's newspaper articles (4)
- Uncategorized (2)
Archives
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- March 2009
- February 2009