1. You go on buying without any application of thought by you. 2. Your fund managers are happy. They need not bother about performance because they know that in any case your money is there for asking. 3. When economy is good & market is high you get less share & when there is recession your money acts like bailout package & help others to get out of mess.
Re: SIP - Sucidal Investment Plan
by Suresh on Jun 16, 2009 10:47 AM
your assesment is perfect especially when withdrawal option is not available in crashing market conditions. your losses are used to profit by other more fleet footed investors.
Even if one had invested 1000 pm since the peak last yr till date i.i 18000 over 18 mths , and that too in passive index fund , the IRR stands at about 25% for some good funds.While for a midcap fund , lets say , Sundaram select mid cap , its around 40 % IRR
Re: Re: Very Informative Article On basics of Investing but...
by Partha Banerjee on Jun 15, 2009 05:18 PM
It is never possible to get a lower rate than the nationalised banks.Read the fine prints son.
Re: Re: Re: Very Informative Article On basics of Investing but..
by Suresh on Jun 15, 2009 06:37 PM
I used the option to reduce my interest on my loan amount and unlike banks it is fixed for entire tenure of the loan.
Re: Very Informative Article On basics of Investing but...
by waste cricket on Jun 15, 2009 06:07 PM
If the cost of money(say interset payable by any bank to depositors) is more than 8% min, how is it possible to charge interest rate at 6.5 - 7%? Iis he doing a charity or subsidised home loan mela?
Re: Re: Very Informative Article On basics of Investing but...
by Suresh on Jun 15, 2009 06:41 PM
cost of money to banks is 5-5.5%. Plus with 100's of branches and 1000's of staff the overheads of banks and hence margins are higher than some of the NBFC and private companies.
Re: Re: Re: Very Informative Article On basics of Investing but..
by Sachin Rastogi on Jun 15, 2009 08:11 PM
Can you share with us name of such companies who can offer a loan at 6-7% rate of interest.
Re: Very Informative Article On basics of Investing but...
by Amalangshu Pal on Jun 17, 2009 09:36 AM
I am interested , please let me know more details. call me on 09831839025
Re: Very Informative Article On basics of Investing but...
by yoganand n on Jun 16, 2009 10:24 AM
This is a scam. It is not possible to offer loans at such low interest rates. They will attract customers with low rates and then ask for money for thing like processing fees and inspection fees. DO NOT fall prey to such gimmicks. Stick to nationalised or private banks.
Re: Re: Very Informative Article On basics of Investing but...
by Suresh on Jun 16, 2009 10:52 AM
Processing fees ? Banks don't charge processing fees ?
Anyway if you don't want to save by paying 3-5% less every year then stick to banks.
the offer is only for people who want to save by looking beyond banks as funding options.
Re: Very Informative Article On basics of Investing but...
by Yogesh Nandvikar on Jun 16, 2009 12:13 AM
Sureshm Please let us know the institutions name so there will be more confidence on your claim.
Re: Very Informative Article On basics of Investing but...
by nilesh mishra on Jun 15, 2009 10:08 PM
No Matter What the Topic is,You will paste the same Item each time.
Re: Re: Very Informative Article On basics of Investing but...
by Suresh on Jun 15, 2009 10:54 PM
The info is for those who want to save money....if u r too rich to bother then move on.
my own experience downward risk is=0 if you wait for any no of years. example if you wait for any investment about 10 yrs your investment will be double (mini) test it but have patient
You told us every thing in fact and figures but how much is long term. it is 5 5-10 yrs,10-15 yrs,15-20 yrs. please be clear don't sat Its depends on individual's.
