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RUDOLPH FURTADO

by RUDOLPH FURTADO on Oct 26, 2009 07:33 AM

1)First and foremost be your own critic rather than depending totally on 'EXPERTS".
2)Study your "Company" or "INVESTMENT STRATEGY" like you would any other professional degree or vocational course, remember your money is at stake.
3)If you are "weak Hearted" stay away from "Equities" and invest in "Mutual Funds" where "professional financial managers" allocate your investments in the "Mutual Fund".
4)Diffferentiate between "DAY-TRADING" and "LONG TERM INVETMENT". Both are totally different although they concern "Stock investments".
50"Horse-Racing' is akin to "Day-Trading", in other words it is 50% gambling and 505 investment skills.LUCK plays a major factor in "Day=Trading".
Hope i have given my personal advisory on stock investments to novices. Happy investing.

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Sam T
only 2 rules
by Sam T on Oct 25, 2009 11:51 AM

The best 2 rules for investing, you will never lose money,

Rule no.1 never sell stocks or mutual funds in less than what you brought
Rule no. 2 never forget the rule no. 1

Its so simple yaarr

Happy investing


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roger
5 mistakes and not seven
by roger on Oct 25, 2009 01:41 AM  | Hide replies

1. Do not rely on the market pundits. Usually they are the ones who failed to secure enough marks in SSC so that they could get into the science stream in plus two (to become an engineer or a doctor). So they end up in commerce and rest is history.

2. People who say the usual things - 'the markets are volatile', 'some stock is rising',
'This mutual fund is good', 'sentiment is positive' etc are unreliable. Cos the do not possess rudimentary acumen to analyze the market. If you give them 10 clues, they will fail to identify their mouth from the other orifice. For proof refer pont 1.

3. People who already made money in the 90s will advise you. They will blare on you with lot of gyaan and wisdom. All of it boils down to chance. Well some of it is statistics. Lies Damned lies and statistics. Heard about that ?
Avoiod these guys like virus. Because that was 90s data and utterly invalid in 2000.

4. Avoid media. Because media consists of people who are several rungs below the people mentioned in point number one.

5. Do not masturbate while you read a company newsletter or annual report.

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Nishit Shukla
Re: 5 mistakes and not seven
by Nishit Shukla on Oct 25, 2009 04:43 AM
Hahaha, well-said.

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Ravelino Dsouza
An IDEA
by Ravelino Dsouza on Oct 22, 2009 10:55 AM

I strongly feel that HR in Organizations, should work up a dal with Investment companies as well as trading companies.. to educate people about such stuff. I mean considering we spend all day in office. Esp BPO cause I feel they make the fastest money and since these oRG's pay a really good amount .. people spend a lot!!!!

But Raina good advise man. interesting. good show.


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Raina
Recession or not ..
by Raina on Oct 21, 2009 06:44 PM  | Hide replies

.....only 3 things matter.

1) How to make money( job or business.)
2) Keep your expenses down to minimum
3) Save and invest consistently

If you don't want to risk money in equities
use mutual funds and FD.

I recently found A little known way to save a small fortune by 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 7.5-8%% fixed for entire tenure of the loan !

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Guest
Re: Recession or not ..
by Guest on Oct 22, 2009 11:21 AM
hey, but u don't get tax benefit for taking loan from NBFC.. i may be wrong.. pls let me know.

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Raina
Re: Re: Recession or not ..
by Raina on Oct 22, 2009 12:05 PM
Thats the common myth.

Did you know HDFC(not hdfc bank) is a NBFC ? As long it is registered and monitored by RBI and can give home loans you can get tax deductions on basis of annual loan statement.

Besides from next year under new tax code the deductions are no longer
applicable.

So those who get loan at low fixed rate will make most savings, besides peace of mind having fixed EMI for entire tenure of the loan.


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Raina
Re: Recession or not ..
by Raina on Oct 21, 2009 06:45 PM
I changed from my banks interest rate of 11.5% to 7.5% from a Non
Banking Finance Corp using one of my contacts.
I'll be saving over 14.6 lacs over the next 15 years by changing over
to N B F C. 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 ?

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Raina
Re: Re: Recession or not ..
by Raina on Oct 21, 2009 06:46 PM
If_interested_in_lower_interest u too_can_contact
rohit_(0)_nine_nine_eight_zero_eight_zero_seven_one_six_four

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vish b
Playing safe!
by vish b on Oct 21, 2009 04:17 PM

I think bank bazaar is playing safe even in giving free advice! Take some risks at least when you are giving advice. Whatever they wrote across pages in this article have become clich?n the investment related articles.

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Raji
Useful
by Raji on Oct 21, 2009 03:45 PM

Useful info for newbies in investment like me.

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Niraj Prasad
as if no one knew this
by Niraj Prasad on Oct 21, 2009 03:01 PM  | Hide replies

as usual with all bank-bazaar articles. no useful info. just regurgitation of some well known generalities and getting paid for filling the pages ... i have stopped reading bank-bazaar articles.

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Bikranta Raychaudhuri
Re: as if no one knew this
by Bikranta Raychaudhuri on Oct 21, 2009 04:18 PM
No info, that's fine. But a little elaboration on each aspects would have been useful. Some technicalities is always welcome.

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subbarao av
RIGHT TO SAY
by subbarao av on Oct 21, 2009 02:36 PM  | Hide replies

BROKERS GETS BENEFITTED. BUT WHO WILL GV CORRECT ADVICE

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Sava Boy
Re: RIGHT TO SAY
by Sava Boy on Oct 21, 2009 03:33 PM
its true..brokers getting benefitted. bt how these brokers firm still exists? they making investors fool for thie benefit for so long years?

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