OK they advice common investor to look at long term and not worry about fluctuations. But why a fund manager does not take the same view ?
While it is true that if you sleep for 5 - 10 years investing in mutual fun your money will grow in growing economy but then how much it grows is the question. Look at the 1 year and 5 year returns of any equity diversified fund today the return is almost same in 5 years and in 3 months because it factors in beating of last 2 years.
So it is prudent to keep a watch and actively manage your fund and not to listen to finencial theories sometimes
120 crore people majority of them are poor, farmar,, only few thousand politician and i crore elite class,99 crore poor, when they will play their game of gun and maoism and snatching does india have chance to play gambling with people,,,time willtell,,,we need cooperative like amul,not share ,property dealer,,,
Re: does india have future in capitalistic world,
by Batao Na on Jul 27, 2009 12:14 PM
Bhupinder Singh,
India was always a capitalist socitey before it went to economic slumber after 1750 and we became poor. A farmer takes great risks in terms of borrowing money from moneylender / bank and then invest the same in seeds , fertilizer and labour. By not allowing market forces to buy /sell in agricultural commodities farmer remaines poor by not getting enough return and city based middle class who romaticise farmer gets indirect subsidy. So unleash capitalism it is only way to remove poverty yes it will bring hardship to city based government salary earing clas but that is the way out.
the whole world is being run by greed of high corrency value country to low corrency country,, bombay is expensive, rent , transport,food and lving cost is high , so people from small city go to city to metro,, just gambling,,mind game,,property and share are made a game because majority of peopel dnot sell like property only 1% sell and out of lakhs share only 100 share sold on higher prize is made whole lakhs share prize, only plot sold for prostitution club make the whole cities rate, whether some one want to purchase for tample ,they are to pay high prizes, entraping common people to fund, matual fund and govt l i c traps,bank for 5 years f d pay only from RS10000 to 5000 more but they creat superficial assest value from 10000 to 2 lakhs, if there gambling starting paying, last 5 years indian govt businessnexus have created lot of assest by manipulating system which is made with govt valuation , registery charges and people greed, this system will bring more social unrest,unequality and frustration among people, house prizes have been hiked by 1000 time than poor man salary, 80 crore of indian earn less than 50 ruppees,new yorkmoney comes to bomobay to hike share prizes and whole bombay prize tag is implied to whole indian,,matka satta,,whole western world is being run by this system of gambling, sex, liqour,casino bring them good money, circulation of money bring them good tax,, reader should know more how capitalism work, india is very religous and immotional people
Re: great world of gambling,,
by Bhupinder Singh on Jul 27, 2009 09:10 AM
i worked in london, but i am to leave because it was very expensive, whatever i got per week salary , 50% were rent, food, transport ,were out of reach , that is great case of gambling, charge50% as rent, 30% food,30 transport,, rest is just sucking system ,, the more any country develop, double % inflation play with rent, food prizes and transport,, people more poor,,i been to australia,, life is same,, parking,patrol,rent food, after paying , nothing work for life,,, life in indian village i have seen subarb,, people are hospitable, full of fun, energy,always serve food to any guest,, what great traditions,, now if india develop to western society, majority of people will struggling to pay their rent, paying fees to children and worse situation like slavery of taking mortage from bank and finance companies,,,
Re: great world of gambling,,
by Batao Na on Jul 27, 2009 12:16 PM
India is religious and capitalist by tradition. The self sacrifise and selfpity is a traditional christian thought which is not being followed even by west for last 200 years.
All you need to do is buy stocks. When the stocks get doubled price sell them . Buy flat. When flat gets doubled price sell and buy stocks again. Repeat this and in few months yo0u will become rich
Re: It is easy to get rich
by Bhupinder Singh on Jul 27, 2009 08:54 AM
go to sleep,, listening sstock crush ,property bursting,,,, heart attact,,,good night
I purchased 50 shares of particular company and am in loss, I again purchased 50 shares of same company and am in profit. Now I want to book profit by selling the 50 shares that I purchased second time and want to hold 50 shares that I purchased first time (which is in loss). Can I do that?
1) How to make money( job or business.) 2) Keep your expenses down to minimum 3) Save and invest consistently
one way to save and create more wealth is to stop paying high interest rates to banks on home loans etc. The best way to get out and stay out of high interest rates of banks is by using some of the little known NBFC and private institutions which have access to low cost funds and can offer lower rates of 6.5-7.5% fixed for entire tenure of the loan.
I changed from my banks rippoff rate of 12.5% to 7.5% from private finance company using one of my contacts. I'll be saving over 16.4 lacs over the next 15 years by changing over to private finance company. I can now save and invest this amount to earn more or repay the loan 35% faster than before. why work longer to make the bank richer at your cost ?
If interested in lowering your interest u too can contact Sujith 09980807164
Re: Recession or not .....
by subra on Jul 26, 2009 10:38 PM
no NBFC gives lower than banks Housing loans are far lower than commercial loan interests.the appreciation of house takes care of interest burden and we don't have to lose sleep over it.after all banks have to make money In the last 2 years,stock markets have become predictably choppy.If it goes up for 2 days,3rd day it will fall(200%-profit booking) If uS market falls,next day it will fall.If you watch cnbc everyday,select 4-5 scrips,buy them when they fall and sell them when they go up.u don't need anyother funda and you will get 15-20% after intax as regards your 12.5%(could be p.a basis and 7.5% is flat rate-works 18%,but sounds lower-all private guys are 7.5%-If they are lending you at 7.5%-they must be fools-instead of lending all and sundry at 7.5,they can earn easily above 8.5% with any nationalised bank FD So properly calculate and also read all fine prints-shocker may be waiting at the end of loan repayment
Re: Re: Recession or not .....
by Almighty on Jul 27, 2009 01:52 AM
subra, I'm no fool to change to 7.5% flat. Its 4% flat works out to 7.5% for my tenure after credit valuation.
They have got lower cost funds from ECB and MNC banks.
Most loans are fixed overseas unless specified not like banks here ripping off maximum from customers by hooking them with low interest initially.
Anyway if u don't want go to sleep and keep paying more who cares ? Does the bank manager lose his sleep over ur loss ?
