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RE:SIP
by sahadev kunapuli on Feb 01, 2007 07:22 AM
There is no standard measure to decide best SIP scheme. Kindly decide 1) purpose of your investment 2) time horizon for your investment 3) risk taking ability 4) your age . For further details contact your mf advisor
RE:investment
by sahadev kunapuli on Feb 01, 2007 07:24 AM
8 months too short to make money thro mutual funds particularly equity funds. Either increase your time period or go for debt funds
my mother wants to buy shares of top notch companies..Suppose she wants to buy WIpro shares arnd 100.. what she do.? she have a Pan Card, but not a demat account..I havnt been to stock marketing, hence dont know how ths done.. Shld we go to Wipro compnay officials or wipro office to get 100 shares ..??!! do let me know...thanks & regards joe..
RE:stock?
by Biswaroop Ghosh on Jan 26, 2007 06:26 PM
For buying shares (and also selling) you should open two accounts: 1. A Demat Account (alias depository account) This is offered by several banks (both private and nationalised)as well as other institutions. Although material i.e. paper shares can be sold/bought for a few companies, shares of about 90% of the companies or even more are traded in demat (dematerialised i.e. electronic) form. 2. A brokerage account with a broker registered with National Stock Exchange (NSE) or Bombay Stock Exchange. Brokerage a/c may be opened with other companies too, it is preferable to trade via members of NSE or BSE.
RE:Information regarding best tax saving scheme
by Biswaroop Ghosh on Jan 26, 2007 06:30 PM
About you question no.1, you have the following options: 1. ELSS - equity linked tax savings schemes offered by several mutual found houses 2. National Saving's certificate (NSC) sold from post offices 3. Insurances and Retirement Plans offered by insurance companies. 4. Mediclaim - medical insurance offered by GIC and other companies ...this entitles one to an additional tax deduction upto Rs 10,000. 5. Bank fixed deposits for period more than 5 years - this has been included in the last budget.
RE:RE:Information regarding best tax saving scheme
by KN VENKATESH on Jan 23, 2007 04:51 PM
http://ideasmoney.blogspot.com/2006/11/tax-saving-elss-advantage.html
Can you suggest whether my following portfolio is good?
NTPC - 200 shares Reliance Petro 89 Shares Franklin Blue chip - Rs.1000 - for 24 months (SIP) HDFC Top 200 - Rs.1000 - for 36 Months (SIP) SBI Magnam Tax Gain - Rs.500 for 24 Months Reliance Vision Growth - Rs.5000 (Jul-2006) Franklin Opportunities - Rs.6000 (Jul-2006)
I want to keep all my SIP whether it will be worthwhile or not. Please Suggest.
RE:GOOD SUGGESTION
by Vijay Kumar on Jan 22, 2007 01:44 PM
I think you should remove NTPC from your portfolio. In this share movement is very less and does not provide good returns. You can get Infosys with the same amount of money and I am sure you will get better returns.
RE:GOOD SUGGESTION
by saurabh shukla on Jan 23, 2007 10:50 AM
take out half of NTPC, and invest in cement, tech, pharma, and communication stocks of midcap and large cap companies. no small caps.
asset accumulation requiers, many bull and bear rally, best result come, when we invest more in bear time, rather than bull time. increase your number of years of SIP. Sud focus for 5yr period.
Hot tips on stocks indeed burn your fingers. Having read such a tip, I sold a share at 24 and it zoomed to 47 the very next week. You become gullible listening to such tips.
