RE:Short term investment and good returns
by mahendra s kadam on Feb 11, 2007 09:18 AM
Hi Harendra ! Fisrt question you should ask to yourself" what do you mean by Good Returns". Then how much money and what risk then either you put in shares or mutual fund which will give you mini. 25% or just buy gold mutual fund then you can sell after 2-3 years when you get yr good returns ........cheers!!!!!!! kumar vedrutu@yahoo.co.in
Rediff has stareted very good articles written by Mr. Kartik. I am financial advisor at Ahmedabad. I appriciate Mr. Kartik's writings for his neutral views. The insurance advisors and bamrt bank executives may not like him but I am sure this type of article will lead REDIFF to new value based heights. I also appriciate Mr. Venugopal's concern, I request Mr. Kartik to throw light to new generation executives on their problems.
RE:SBI Debt Fund
by siddharth shah on Feb 05, 2007 11:31 AM
please visit valueresearchonline.com for various information on Mutual Funds. Regarding SBI Debt Fund, it is good, provided you are planning for short period safe investment. If you are looking for investment option around 24 mths , you should invest in Debt fund or MIP fund and transferring some part in to equity on monthly basis(The term used is STP) that will give you reasonable returns with safety of your money. you may reach me at shalibhadra@rediffmail.com
I think that goal planning beyond three years will not be proper and will also most likely go wrong. Many a time you career changes,your earning potential changes, even the very subject for planning changes. The subject here means the people for whom you are making these goals might change. In my own experience I found that the earning potential and the career underwent a rapid change along with the change in the economic scenario of India and the city in which I lived itself underwent a compelte change. The city suddenly expanded in the last 3 or 4 years more than it had been in the last 20 years. The goal planning should offcourse must be there and shall have to planned only for three years. Don't worry about the requirements beyond that period. The index of happiness in your life is also very important. Any plan which involves a pension plan etc., whwn you are aged 32 years is non sense. Those pension plans of insurance companies and mutula funds does not make any sense. Ant plan beyond three or at atmost 4 years should only be for your health. Keep in good health and plan your life 3 or 4 years ahead of you. The goal which would always be a constant one in your life (that is every year of life until you retire) is that of increasing your earning potential per month basis.
RE:planning beyond three years
by Sankran Maity on Feb 11, 2007 09:23 AM
I beg to differ with Mr. Venuraja Gopal. By the way these are solely my beliefs, views and observations.
1. When I started looking a house, some of my friends advised me to wait as the market will "cool down". That was 1 year back. Now I am settled in my small flat and the value of it has appreciated by almost 20%. 2. Most of us plan for the expenditure (I am referring to the big ones, for which we need loans), but do we do a reality check of how to meet the EMIs in case of any contingency? 3. Most of the readers will be familiar with projects, do not we plan for the complete project cycle? Why not take our life as a project and plan for it. We have to plan for the different big/small events, take calculated risks and take contingency measures and replan in case of any unplanned events. 4. Also at a younger age we have lesser commitments to fulfill. It is easier to save. 5. Human nature is to flaunt and show off. We succumb to that "peer pressure". 6. I firmly believe in "DO NOT FAIL TO PLAN UNLESS YOU PLAN TO FAIL".
RE:planning beyond three years
by Chetan Surti on Feb 05, 2007 10:55 AM
This is indeed a great suggestion. I guess all the IT people in Bangalore are in the same boat.
RE:RE:planning beyond three years
by on Feb 11, 2007 03:04 AM
Amazing wisdom. No wonder, when some of my colleagues want to purchase house, car or plan to get married ended up taking personal loans at exborbitant rates - Net result - finance thrown out of gear easily for 4-5 years OR had to throw their career aspiration and jump job not because of career but EMI reasons.
Think through once again, what most of IT folks have seen is just post 2001 era. They haven't seen what happens when things are not as rosy. Believe me, sometimes all it takes for world economy crash is top 10 world firms announcing flatter growth. In 1999-2000, the bests of the folk had to sell there houses, cars and what-not to survive through finance scare
RE:RE:RE:planning beyond three years
by prakash prakash on Feb 11, 2007 06:41 AM
Article is informative but most of the articles on financial planning never takes into the account of recession period which is a huge potential threat, that comes with globalization. most of your articles comes with an assumption that every one is earning on top-gear till you retire. but a good financial plan must include or take into account of recession and dealing with it
The articles that you put up regarding financial management are informative & interesting. However, it would be better if you could highlight important section of the article or break it up into sections and give headings to each one. This makes it easier to read the important points in article and skim through it quickly before going in for a detailed read.
