In investing, fundamental analysis is the analysis of the fundamentals of a
company, i.e. whether its business is thriving or going down the pan. Technical
analysis doesn't concern itself with company fundamentals, it attempts to
predict the future price of a stock based on previous prices and charts. Stock
charts are a reflection of price movements over time and the volumes of stocks
traded.
According to technical analysis any news about a company can be seen in the
charts first and if you are adept at reading the signs then you will see which
way a stock price is headed before any news is announced by the company.
Technical analysis is based on the following assumptions - prices are determined
by supply and demand, supply and demand is a result of both rational and
irrational behaviors, prices move in trends and these trends are generally
long-lasting, changes in supply and demand can be spotted by analyzing the way
the stock price behaves.
Why bother with technical analysis?
It is easier than fundamental analysis and faster. It does not make us of
company accounts and therefore cannot be manipulated by companies, it tells you
what to buy and sell and when. Technical analysis based on the behavior of
crowds, if people expect a certain thing to happen upon a certain signal, then
they will react in a particular way when they see that signal. If enough people
react in the same way then the expected outcome is achieved and the analysis
becomes self-fulfilling i.e. a stock price goes up because enough people buy the
stock because they expected it to go up. Many hundreds of expert analysts use
technical analysis and thus influence stock prices by reacting to the same
signals.
There are many indicators that are used in technical analysis, but one of the
principal indicators is the 200 day moving average. If a stock falls below its
200 day moving average this is considered a bad signal and people tend to sell
the stock. If a stock goes above its 200 day moving average this is generally
considered a good sign and people tend to buy.
If 80% of stocks in the stock market are above their 200-day moving averages,
this is considered to be overbought and so people tend to sell the market. If
less than 20% of stocks are above their 200-day moving averages, this is
considered to be oversold and a signal to buy.
There are many other indicators used in technical analysis such as the relative
strength index, Bollinger bands etc... and any online stock trading site will
allow you to include them automatically on any charts you may wish to look at,
you don't need to work them out yourself. A study of all the different
indicators is probably not necessary but if you are serious about investing or
trading the stock market you will certainly need to learn about the main
indicators.
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Stock markets from around the world have been moving up sharply over the last
three months as investor confidence continues to increase with people starting
to believe that we are through the worst of the credit crisis. The big question
that is on many people's lips is just how long will this bull market last?
Now I will start by saying that I am not a financial adviser and therefore what
you read within this article should in no way be seen as advice. I am merely a
regular guy who likes to invest my money in stocks and shares - it is a bit of a
gamble but that makes it all the more fun.
Investing at the current levels is a no brainer for me. Despite some dramatic
rises, for example the main Russian stock market index has increased by one
hundred and ten percent in the last ten weeks; I personally feel that the
majority of the stock markets from around the world are undervalued.
I am not sure why but I have a gut feeling about the Japanese stock market.
Amazingly it hit new twenty-three year lows in early March and surely the time
is now right to invest in Japanese stocks and shares.
Other sectors that I am interested in are India, China and Latin American funds.
I like to take a risk with my money because I am investing for the longer term
however I feel that I some what lower the potential losses by investing on a
monthly basis to take advantage of what we call in Britain "pound cost
averaging".
My personal opinion is that the bull market has only just begun - I sure hope
that I am right!
Making Money In Stock Trends: http://trdeshadow.url-site.com/
Dear Friends,
The recent developments in India have given enough signs of the tremendous
growth potential in INDIAN MAKET.
Our endeavor is to bring the benefit to you; through our web site
www.minabazar.njfundz.com you have been tracking your investment in real time.
To refresh we offer true online experience in Portfolio tracking, online
purchase, switch and redemption. You can calculate your Short/Long term
Profit/Loss at click of a mouse. You can view Sector/Stock exposure of your
portfolio.
All this with our financial planning service is to guide you successfully in the
uncertain future, so that you achieve all goals set by you.
Presenting a compelling reason to invest…
Reliance Infrastructure Fund-NFO
View on Infrastructure Sector
Great Economies may not be the only place for great opportunities. There are
great companies in growth
Economies and bad companies in great economies.
As Warren Buffet aptly said "Be Fearful When Others
are Greedy and Greedy when Others are Fearful." Thus, this may be the right time
to consider investing
in Indian equities with the following convincing reasons for the same;
Though during the near term, India would see uncertainty however it enjoys
certain growth enablers &
economic factors like a well-developed entrepreneurial class, vast natural
resources, strong democratic
foundations, young population and finally its nuclear power to boost the
economy.
Other key aspects in India's favor are low credit penetration and a robust
banking system with most of the
transactions in the form of plain vanilla loans.
The sharp fall in global crude oil prices and commodities is a positive
contribution to the Indian economy
from a current account and fiscal balance point of view.
All these would definitely catapult the Sensex in the coming years. Moreover the
Only Thing Cheaper
Today than in 2000 -01 evident through the table below is Valuation. Companies
in the Sensex are
valued at less than half their four-year average.
2000-01 2007-08
Fwd P/E ratio 35.0x 16.0x
Savings (as a % of GDP) 23.7% 34.7%
Investments (as a % of GDP) 24.3% 35.9%
GDP growth 4.4% 8.7%
Inflation 7.2% 7.0%
Earnings growth 4.4% 17-20%
Source: JP Morgan April 2008
On the back of the strong fundamentals, we believe Indian markets could be
amongst the first to bounce
back once the global situation stabilizes.
Global experience shows that sustained economic growth eventually gets
translated into value creation in
the stock markets and benefits long term investors. However with strong
fundamentals in place, an
equally strong and robust infrastructure is a key towards sustained economic
growth for any country. This
has been witnessed in most developed economies.
Our economy is at a stage where infrastructure oriented sectors are under
special investment focus.
A balanced increase in the gross capital formation (GCF) in infrastructure as a
proportion of GDP
emerges as the most important key in sustaining high economic growth. Currently,
the GCFI is at 5% of
GDP. As per the Planning Commission, the GCFI need to be increased to 9% of the
GDP to sustain
growth momentum in the economy.
Infrastructure has always been an important part of India's five year plans
(FYPs) and since
independence in 1947, nearly half of the total outlays of the FYPs have been
allocated to infrastructure.
The projected investment in infrastructure in the Eleventh Plan is 2.3x the
amount in the Tenth Plan.
The total investments as a percentage of GDP are expected to increase to 9.22%
by FY12. Power (30%)
form the biggest chunk of the planned expenditure while road, telecom and
railways are the next big
contributors.
Source: Planning Commission
The largest inflection in investments is expected to be in ports, airports,
railways, water supply and
sanitation over the next five years. At the same time the key feature of
infrastructure investment in the
Eleventh Plan is the expected rise in private participation
Apart from the economic indicators, the interim budget of 2009-10 has also
emphasized on the
importance of this sector by giving lot of approvals for the infra projects;
• Government accorded approval to 37 infrastructure projects worth Rs.70,000
crore from August, 2008
to January, 2009 alone.
• Under PPP mode, 54 Central Sector infrastructure projects with a project cost
of Rs.67,700 crore
given in-principal or final approval and 23 projects amounting to Rs.27,900
crore approved for viability
gap funding in 2008-09.
• India Infrastructure Finance Company Ltd. (IIFCL) to refinance upto 60 per
cent of commercial bank
loans for PPP projects involving total investment of Rs.1,00,000 crore in
infrastructure over the next
eighteen months.
Source: http://indiabudget.nic.in
Why invest in Reliance Infrastructure Fund?
From India's No 1 Mutual Fund with an AAUM of Rs 88387.98 Crs* (as on 28th Feb
09. Source :
www.amfiindia.com)
Huge anticipated growth opportunity in the sector
Valuations attractive compared to potential growth
Diversified across sub sectors
*Source: www.amfiindia.com
Kindly contact for details and investing.
You may have a thousand different goals over the course of your lifetime, but
they all will fall into one of four basic categories. Everything you do is an
attempt to enhance the quality of your life in one or more of these areas.
The Key to Happiness
The first category is your desire for happy relationships. You want to love and
be loved by others. You want to have a happy, harmonious home life. You want to
get along well with the people around you, and you want to earn the respect of
the people you respect. Your involvement in social and community affairs results
from your desire to have happy interactions with others and to make a
contribution to the society you live in.
Enjoy Your Work
The second category is your desire for interesting and challenging work. You
want to make a good living, of course, but more than that, you want to really
enjoy your occupation or profession. The very best times of your life are when
you are completely absorbed in your work.
Become Financially Independent
The third category is your desire for financial independence. You want to be
free from worries about money. You want to have enough money in the bank so that
you can make decisions without counting your pennies. You want to achieve a
certain financial state so that you can retire in comfort and never have to be
concerned about whether or not you have enough money to support your lifestyle.
Financial independence frees you from poverty and a need to depend upon others
for your livelihood. If you save and invest regularly throughout your working
life, you will eventually reach the point where you will never have to work
again.
Enjoy Excellent Health
The fourth and final category is your desire for good health, to be free of pain
and illness and to have a continuous flow of energy and feelings of well-being.
In fact, your health is so central to your life that you take it for granted
until something happens to disrupt it.
Peace of Mind is the Key
Peace of mind is essential for every one of these. The greater your peace of
mind, the more relaxed and positive you are, the less stress you suffer, the
better is your overall health.
The more peace of mind you have, the better are your relationships, the more
optimistic, friendly and confident you are with everyone in your life. When you
feel good about yourself on the inside, you do your work better and take more
pride in it. You are a better boss and coworker. And the greater your overall
peace of mind, the more likely you are to earn a good living, save regularly for
the future and ultimately achieve financial independence.
Control Your Attention
Life is very much a study of attention. Whatever you dwell upon and think about
grows and expands in your life. The more you pay attention to your
relationships, the quality and quantity of your work, your finances and your
health, the better they will become and the happier you will be.
Action Exercises
Here are three things you can do immediately to put these ideas into action.
First, take time on a regular basis to think about what would make you really
happy in each of the four areas.
Second, set specific, measurable goals for improvement in your relationships,
your health, your work and your finances and write them down.
Third, resolve to do something every day to increase the quality of some area of
your life - and then keep your resolution.
Last but not least visit today www.minabazar.njfundz.com
If you can look at the sunset and smile, then you still have hope.
If you can find beauty in the colors of a small flower, then you still have
hope.
If you can find pleasure in the movement of a butterfly, then you still have
hope.
If the smile of a child can still warm your heart, then you still have hope.
If you can see the good in other people, then you still have hope.
If the rain breaking on a roof top can still lull you to sleep, then you still
have hope.
If the sight of a rainbow still makes you stop and stare in wonder, then you
still have hope.
If the soft fur of a favored pet still feels pleasant under your fingertips,
then you still have hope.
If you meet new people with a trace of excitement and optimism, then you still
have hope.
If you give people the benefit of a doubt, then you still have hope.
If you still offer your hand in friendship to others that have touched your
life, then you still have hope.
If receiving an unexpected card or letter still brings a pleasant surprise, then
you still have hope.
If the suffering of others still fills you with pain and frustration, then you
still have hope.
If you refuse to let a friendship die, or accept that it must end, then you
still have hope.
If you look forward to a time or place of quiet and reflection, then you still
have hope.
If you still watch love stories or want the endings to be happy, then you still
have hope.
If you can look to the past and smile, then you still have hope.
If, when faced with the bad, when told everything is futile, you can still look
up and end the conversation with the phrase... "yeah....BUT. ." then you still
have hope.
Hope is such a marvelous thing. It bends, it twists, it sometimes hides, but
rarely does it break. It sustains us when nothing else can. It gives us reason
to continue and courage to move ahead, when we tell ourselves we'd rather give
in.
Hope puts a smile on our face when the heart cannot manage.
Hope puts our feet on the path when our eyes cannot see it.
Hope moves us to act when our souls are confused of the direction.
Hope is a wonderful thing, something to be cherished and nurtured, and something
that will refresh us in return. And it can be found in each of us, and it can
bring light into the darkest of places.
Hi Friends,
Time and again we are bringing to you the rationale for investing in Equity and
the smoothest way to do it.
Everybody knows that roads are unsafe, people get run over and cars smash into
each other. Two wheeler are involved in maximum road accidents and many people
die. Yet we continue driving, riding, walking and crossing these roads because
there's a set of rules that defines road use and works 90% of the time. In
reality 90% of time we do not follow the rules, so the fault lie in not
following the rules rather than heavy traffic or any other thing.
Equity investing is no different. There is a set of rules out there that allow
long-term wealth creation. But you've got to look at both sides of the road
before crossing it.
The first two rules of investing are: invest regularly and make an asset
allocation. The first gets us to make a saving target and puts money away in a
financial product other than a savings deposit each month.
The best is SIP or Systematic Investment Plan you know the method and the
benefit of the same. We provide you with a FREE online report to monitor the
account no matter you do any number of SIPs with any number of Schemes.
The second wants us to split that money into two buckets—debt and equity—and
stick to that allocation unless our view on our risk-taking capacity or personal
situation changes. This requires professional touch and we provide you that.
The debt bucket is full of provident fund contributions, Public Provident Fund,
fixed deposits (FD) and bonds. The equity bucket brims with direct stocks and
equity funds.
So far so good.
The toughest rule to wealth creation is Rule 3: Rebalance that portfolio.
What this rule says is this: If I start investing with a certain asset
allocation in mind—say I am comfortable putting half my money in the equity
bucket and the other half in risk-free debt bucket—I need to come back to this
each year.
This I will do by selling the asset class that has risen more and buying the one
that has fallen (or risen less).
For example, if after the first year, equity rises 20% and debt gives an 8%
return, then I sell some equity funds and put more money into an FD. If equity
falls 20%, I break an FD and buy more equity funds.
Sounds great in theory, but does it work in the real world?
Let's look at some data. I begin with a notional investment of Rs. 1 lakh in
April 1990 and decide to split it equally between equity and debt. For the sake
of neatness, I am making a one-time investment rather than a regular investment
time series.
I choose that date since it was the time just before one of the biggest dips in
the market index, and of course, this was near the beginning of the modern
Indian equity market. For number crunching, I used the total returns data that
includes not just the index's rise and fall year-to-year, but also adds back
dividends into the return.
In this case, I used the CMIE Cospi total return index. For risk-free returns, I
used the one-year FD rates taken from the Reserve Bank of India's Handbook of
Statistics for the same period.
So, it is 1990 and I've put Rs.50,000 into the equity market and Rs.50,000 into
a one-year FD that gives me 9%. Over the year the stock market gives a total
return of 37.72%. My equity bucket is now at Rs68,860 and my debt bucket has
Rs54,500.
My 50:50 asset allocation is now off the rails and is at 56:44. Equity investing
rules now insist that I sell equity (the outperforming asset class) and buy FDs
(the underperforming asset class).
This is the toughest call to make for investors worldwide—to sell an asset even
as it soars each day.
For the sake of an argument, suppose I managed to rebalance my portfolio each
year for 19 years.
Now it is 2009 and my initial Rs. 1 lakh is Rs. 13.51 lakh. That's a
year-on-year return of 14.69%.
Sounds good.
But what if I had not rebalanced and let the portfolio run on? I would have Rs.
8.38 lakh, or an average annual return of 11.84%.
The difference between the two annual rates of return may look just 3 percentage
points away, but over 25 years it means being at Rs. 15 lakh or Rs. 30 lakh.
Punters call it profit booking—take a part of your money out when the markets
are high or when a target price is met.
But for the safe-lane driving, seatbelt-wearing retail investor, re balancing is
a great way to get the benefit of profit booking without the active calls or the
index watching.
Equity investing is safe, but you got to follow the rules.
Keep driving n have fun!!!
Kindly visit www.minabazar.njfundz.com
This Story is about a man who once upon a time was selling Hotdogs by the
roadside.
He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio.
His eyes were weak, so he never watched television.
But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales.
His sales and profit went up.
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries. Eventually he got himself a bigger and
better stove.
As his business was growing, the son, who had recently graduated from College,
joined his father.
Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is coming our
way?"
The father replied, "No, but tell me about it." The son said, "The international
situation is terrible.
The domestic situation is even worse. We should be prepared for the coming bad
times."
The man thought that since his son had been to college, read the papers,
listened to the radio and watched TV.
He ought to know and his advice should not be taken lightly.
So the next day onwards, the father cut down the his raw material order and
buns, took down the colourful signboard,
removed all the special schemes he was offering to the customers and was no
longer as enthusiastic.
He reduced his staff strength by giving layoffs.
Very soon, fewer and fewer people bothered to stop at his hotdog stand.
And his sales started coming down rapidly, same is the profit.
The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead
of time."
Moral of The Story:
It's all in your MIND!
And we actually FUEL this recession much more than we think.
BE POSITIVE !
Dear Friends,
India has arrived; the Oscar to Slumdog is an indication of the Golden
period that this country is entering once more.
The world is going to focus on India for a long period to come for all
that it can and will deliver to mankind. There will be big investments
and even bigger returns. The time is just right to look into and
identify the areas from where we are to be benefitted by the coming
boom.
The numbers for which we were considered backward has become the
strength of the present. With a Young and able population India is not
only the largest consumer market across the world it is also the
largest power house that is generating Goods and Services for the
entire world at competitive price.
This will lead India in next 25 years to be the second largest economy
in the world only after China another Asian country moving along the
same path.
Friends it's time we plan for future and invest in the right asset
class to benefit from this huge surge in economic activity. The gains
will be exceptional provided we identify and choose the right vehicle
for our money.
The market will turn around any time now. The recent carnage of equity
market has shaken the confidence of investors. But time and again
after every round of heavy correction the markets have rebounded with
increased vigor at the same time, common investors shy away from
markets purely on fear factor.
Rational investment decision based on fair analysis of future will
show you the immense opportunity in the current market but due to
typical trait of investor behavior, investors are ignoring this
opportunity and waiting for their investment to recover or break even.
This is certainly not the right thing to do for your own interest.
There are two basic arguments for this. One, your long term financial
planning should not go off track because of short term economic
issues. Two, for better returns, you have to not only stay invested
but invest more.
Investors who will pump in more money at current level will enjoy
better return when market will start its upward journey compared with
someone who is sitting silent and waiting for his money to recover. So
for those who do not put additional money or do fresh investment NOW,
the reward would be lower compared to disciplined and rational
investor who is investing now.
We at MINABAZAR provide you with all the tools necessary to assist you
in the process of choosing, investing and monitoring your money.
We have a complete Online E-Account to invest, switch and redeem in
Mutual Funds online. This account is free for life there is just an
account opening fee of Rs.500 per family(1+4). NJ E-account comes with
multi level flexibility and higher security standards. It allows you
complete paperless and hassle free investing experience reducing
chances of human error and allows you to transact online from anywhere
in the world.
We have a complete online tracking and monitoring system for your
investment in any of the MF scheme in the market, giving you single
page up to date valuation in various customizable formats.
We provide you with the most comprehensive financial planning report
generated specially as per your future projections, to assist you in
making investing simple.
We have NJ GAP or Goal Achievement Program a unique, target based
investment program through SIPs.
So friends from `Mera Bharat Mahan' to `Mera Bharat Jawan' lets march
together to growth and prosperity. The Sun is shining bright for
Indian economy in 21st century. After all `Ye Hai Youngistan Meri
Jaan'.
With warm regards
Sunil Kumar
9811832157
letsgrowrich@...
I happened to run in to Nanubhai on Dalal Street. He was eating Khaman
Dhokla in a farsan shop.
"Kame cho, Nanubhai?"
"Saru che."
He was looking glum but gestured me to join him.
As I bit into the tasty dhokla with tangy chutney on the Friday
afternoon, which was fast turning into a 'Manic Friday' as per Dalal
Street lingo, he was staring at the bull near the entrance, which
overnight had become a Russian bear hugging everybody that passed the
Street.
Nanubhai is a well-respected Dalal Street dada with an answer to every
shareholder's query.
"What went wrong with Lehman Brothers?" I asked.
"Lots of things. If the founder brothers, Henry, Emanuel and Mayer
were alive this wouldn't have happened. Lehman Brothers were more than
a 150-year-old company. But yet, it had no Lehman in the company. Such
a situation can never happen in India ."
"Are you trying to tell me an Indian would have handled this
differently?"
"*Bilkul.* If it was an Indian firm, Lehman Brothers would have fought
as soon as their father died and divided in to three companies. They
would have diversified into clothing, polystyrene, petrochemicals,
vegetables,movie making, telecom, drilling oil, mobile phones,
retailing, books, spectacles, gyms, wellness. In short, anything and
everything under the sun. They would have made money for themselves
and their shareholders."
"But when there is massive failure there would be no option but to
file for bankruptcy? "
"Fail-wail chance hi nahin! Even if they encounter tough times, they
would have friends like Mulayam Singh and Amar Singh to bail them out.
They could finish off competition by befriending the finance minister
and getting duties levied on the imports of competition. They would
fund and befriend ruling parties. Unfortunately for Lehman Brothers in
2008, without a Lehman on the board or some Indian business brothers
at the top, they couldn't open the survival kit to stay afloat."
As we were sipping double *kadak chai,* I asked: "Did anybody
anticipate this global meltdown?"
"Anticipate? Mazak chodo! I will tell you something. America has some
45 Nobel laureates in economics from 1970. From 2000 alone there are
15 Nobel laureates in econometrics sitting on company boards, treasury
benches and in places like Harvard, Stanford etc.* Kisiko kuch patha
nahin tha!* How come none of these had any inkling to the disaster
awaiting the banking circles all over the world? Even the finance
ministers of G-7 talked of strong "fundamentals" of world economy
around this time last year! Two months back the only topic they were
discussing was the rise in oil prices."
"What will happen if it goes all on like this?"
"Some American economist will study this, write a new a theory and get
Nobel Prize next year, dekhna. Seriously, they forgot things like
control, double check, systems-in-place etc and brought in vague words
like Subprimes to give loans left, right and centre."
"What will happen to the Indian market?"
"It's already having the Lehman Brothers' effect. Our finance minister
seems to like the figure 60,000. While presenting the budget earlier
in the year he pledged Rs 60,000 crore to write off loans given to
farmers. Now he is pumping Rs 60,000 crore to help out the banks! I
don't know what he will do next. He is again fro m Harvard!"
"What is the lesson to be learnt from the Lehman Brothers' episode?" I
asked as we were leaving.
Nanubhai took a spoonful of saunf and said: "You know, we have an old
elementary rule for keeping hisab-kithab. Divide a page into 'Left'
and 'Right' with a line in the middle to denote Debit and Credit. In
case of LB, as somebody said, nothing was right in the 'Left' and
nothing was left in the 'Right'," concluded Nanubhai.
What is recession... in India ?
This Story is about a man who once upon a time was selling "Wada-Pav"
by the roadside.
He was illiterate, so he never read newspapers. He was hard of
hearing, so he never listened to the radio. and His eyes were weak, so
he never watched television.
But enthusiastically, he sold lots of "Wada-pavs".
He was smart enough to offer some attractive schemes to increase his
sales.
His sales and profit went up..
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries. Eventually he got himself a
bigger and better stove.
As his business was growing, the son, who had recently graduated from
College, joined his father.
Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is
coming our way?"
The father replied, "No, but tell me about it." The son said, "The
international situation is terrible.
The domestic situation is even worse. We should be prepared for the
coming bad times."
The man thought that since his son had been to college, read the
papers, listened to the radio and watched TV.
He ought to know and his advice should not be taken lightly.
So the next day onwards, the father cut down his raw material order
and buns, took down the colorful signboard,
Removed all the special schemes he was offering to the customers and
was no longer as enthusiastic.
He reduced his staff strength by giving layoffs.
Very soon, fewer and fewer people bothered to stop at his "Wada-Pav"
stand.
And his sales started coming down rapidly, same is the profit.
The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned
me ahead of time."
Moral of The Story: It's all in your MIND! And we actually FUEL this
recession much more than we think we do!!!!!!!!!! !!
What can we take away from this story??
1. How many times we confuse intelligence with good judgment?
2. A person or an organization will survive forever, if they have the
5 Cs
* Character
* Commitment
* Conviction
* Courtesy
* Courage
The tragedy today is that there are many walking encyclopedias that
are living failures.
The more practical and appropriate views on this economic recession
is:
-- "This is the time to reunite together for any small or a big
organization,
This is the time to motivate and retain people which are the biggest
asset,
This is the time to show more commitments to the customers,
This is the time show values of our company to the world,
And this is the time to stand by our Nation".
1 - First Important Lesson - Cleaning Lady.
During my second month of college, our professor gave us a pop
quiz. I was a conscientious student and had breezed through
the questions until I read the last one:
"What is the first name of the woman who cleans the school?"
Surely this was some kind of joke. I had seen the cleaning woman
several times. She was tall, dark-haired and in her 50s,
but how would I know her name?
I handed in my paper, leaving the last question blank.
Just before class ended, one student asked if the last question
would count toward our quiz grade.
"Absolutely, " said the professor. "In your careers, you will meet
many people. All are significant. They deserve your attention
and care, even if all you do is smile and say "hello."
I've never forgotten that lesson.
I also learned her name was Dorothy.
2. - Second Important Lesson - Pickup in the Rain
One night, at 11:30 p.m., an older African American woman
was standing on the side of an Alabama highway trying to endure
a lashing rainstorm. Her car had broken down and she desperately
needed a ride. Soaking wet, she decided to flag down the next car.
A young white man stopped to help her, generally unheard of
in those conflict-filled 1960s. The MN took her to safety,
helped her get assistance and put her into a taxicab.
She seemed to be in a big hurry, but wrote down his address
and thanked him. Seven days went by and a knock came
on the man's door. To his surprise, a giant console color TV
was delivered to his home.
A special note was attached..
It read: "Thank you so much for assisting me on the highway
the other night. The rain drenched not only my clothes,
but also my spirits. Then you came along. Because of you,
I was able to make it to my dying husband's bedside just before
he passed away…
God bless you for helping me and unselfishly serving others."
Sincerely,
Mrs. Nat King Cole.
3 - Third Important Lesson
- Always remember those who serve.
In the days when an ice cream sundae cost much less, a
10-year-old boy entered a hotel coffee shop and sat at a table.
A waitress put a glass of water in front of him.
"How much is an ice cream sundae?" he asked. "Fifty cents,"
replied the waitress. The little boy pulled his hand out of his
pocket and studied the coins in it.
"Well, how much is a plain dish of ice cream?" he inquired.
By now more people were waiting for a table and the waitress
was growing impatient.
"Thirty-five cents," she brusquely replied
The little boy again counted his coins.
"I'll have the plain ice cream," he said.
The waitress brought the ice cream, put the bill on the table
and walked away. The boy finished the ice cream, paid the cashier
and left. When the waitress came back, she began to cry as she
wiped down the table. There, placed neatly beside the empty dish,
were two nickels and five pennies..
You see, he couldn't have the sundae, because he needed to
have enough left to leave her a tip.
4 - Fourth Important Lesson. - The obstacle in Our Path.
In ancient times, a King had a boulder placed on a roadway.
Then he hid himself and watched to see if anyone would
remove the huge rock. Some of the king's wealthiest merchants
and courtiers came by and simply walked around it.
Many loudly blamed the King for not keeping the roads clear,
but none did anything about getting the stone out of the way.
Then a peasant came along carrying a load of vegetables.
Upon approaching the boulder, the peasant laid down his burden
and tried to move the stone to the side of the road. After much
pushing and straining, he finally succeeded.
After the peasant picked up his load of vegetables, he noticed
a purse lying in the road where the boulder had been. The purse
contained many gold coins and a note from the King indicating
that the gold was for the person who removed the boulder
from the roadway. The peasant learned what many of us
never understand!
Every obstacle presents an opportunity to improve our condition.
5 - Fifth Important Lesson - Giving when it Counts…
Many years ago, when I worked as a volunteer at a hospital,
I got to know a little girl named Liz who was suffering from a
rare and serious disease. Her only chance of recovery
appeared to be a blood transfusion from her 5-year old brother,
who had miraculously survived the same disease and had
developed the antibodies needed to combat the illness.
The doctor explained the situation to her little brother,
and asked the little boy if he would be willing to give his blood
to his sister.
I saw him hesitate for only a moment before taking a deep breath
and saying, "Yes I'll do it, if it will save her." As the transfusion
progressed, he lay in bed next to his sister and smiled, as we all
did,
seeing the color returning to her cheeks.
Then his face grew pale and his smile faded.
He looked up at the doctor and asked with a trembling voice,
"Will I start to die right away?"
Being young, the little boy had misunderstood the doctor;
he thought he was going to have to give his sister all of his blood
in order to save her.
We begin this New Year with dampened enthusiasm and dented optimism.
Our happiness is diluted and our peace is threatened by the financial
illness that has infected our families, organizations and nations.
Everyone is desperate to find a remedy that will cure their financial
illness and help them recover their financial health. They expect the
financial experts to provide them with remedies, forgetting the fact
that it is these experts who created this financial mess.
Every new year, I adopt a couple of old maxims as my beacons to guide
my future. This self-prescribed therapy has ensured that with each
passing year, I grow wiser and not older. This year, I invite you to
tap into the financial wisdom of our elders along with me, and become
financially wiser.
* Hard work: All hard work bring a profit, but mere talk leads only to
poverty.
* Laziness: A sleeping lobster is carried away by the water current.
* Earnings: Never depend on a single source of income. [ At least make
your Investments get you second earning ]
* Spending: If you buy things you don't need, you'll soon sell things
you need.
* Savings: Don't save what is left after spending; Spend what is left
after saving.
* Borrowings: The borrower becomes the lender's slave.
* Accounting: It's no use carrying an umbrella, if your shoes are
leaking.
* Auditing: Beware of little expenses; A small leak can sink a large
ship.
* Risk-taking: Never test the depth of the river with both feet. [
Have an alternate plan ready ]
* Investment: Don't put all your eggs in one basket.
I'm certain that those who have already been practicing these
principles remain financially healthy. I'm equally confident that
those who resolve to start practicing these principles will quickly
regain their financial health.
Let us become wiser and lead a happy, healthy, prosperous and peaceful
life.
* Thanking You.
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--- On Tue, 9/12/08, sunilinus2003 <SUNILINUS2003@...> wrote:
From: sunilinus2003 <SUNILINUS2003@...> Subject: [minabazar] Keeping you informed... To: minabazar@... Date: Tuesday, 9 December, 2008, 3:52 AM
Dear Friends, We all have gone thru a very difficult period in the history of the World and possibly some worst time may still come, I am sure we have the guts to face that too. At this point I am going to discuss only few basic things that we often ignore in the process of investing.
Kindly remember Stock markets are the and will remain the biggest value creators and destroyers compared to all asset class. Asset allocation is the biggest single factor to keep in mind.
Inflation and Tax are two most important factors to look at if we are talking about appreciation of investments. Any thing minus them is your true appreciation and only one asset class can defeat them both.
A great deal of difference in earnings can be achieved by the way of planning, period and profit booking. Again the process of asset allocation is a dynamic function of profit booking.
Time in and not (r) not timing
is the key factor. To ensure time-in plan your goals and approach them systematically. Invest in Stock market for terms longer than 5 years in mind any money for less than 5 years should go to fixed income schemes.
Dear S…, since you have taken pains to analyze the cycle 2000 to 2004, let me use this to answer a few queries raised in response to my PMS post. 1. First of all, PMS Managers were hit suddenly by the super-bear run. They lost their jobs, money and reputation. I would not blame the companies for going slow--in fact
they have shifted a few people from PMS division to other sections too.. 2. Money in PMS ----I put in absolutely the money which I would never need----returns are a bonus but loss of entire amount would not break me. In other words, this investment was more of greed than a need. I suggest that investors take PMS in this spirit even in the future when the markets correct. 3. I absolutely believe that stock market investments should follow other safe investments. I also believe that if one stays away the markets completely, in fear of crises like the present ones, one will be safe but will never hope to build wealth in his/her life-time (exception being real-estate investors who also build wealth over 5 to 10 years periods). I now give you my own example of the previous bear period. In Jan 2000, I was well invested in stock market. I remained invested fully, adding money even as the sensex
collapsed over next 4 years.
In May2001, I took premature retirement from army and received Rs 26 lacs as terminal benefits. Since I could not take risk with this money, I invested all of this in LIC--Bima Nivesh(@ 11.5%), and in RBI Taxfree bonds (@8%). No part of this money was invested in stocks as this was money I could not afford to lose. However, I started my own practice in Jul2001, and it took off, trebling my monthly income(compared to my last drawn salary). This money I could afford to invest in stocks and so I did--in both stocks and mutual funds. In Feb 2007, I did a comparison of the returns of the past 5 years--- Feb 2002 to Feb 2007. 1. Rs 10 lacs invested in LIC were cashed at Rs 15.4 lacs. 2. Rs 10 lacs invested in RBI Bonds--gave me Rs 80000 every year as tax-free income. 3. Rs 1 lac invested in PPF became Rs 1.56 lacs in Feb 2007. 4. Stocks----I' ll not go into
individual stocks but an investment of Rs 1 lac in sensex stocks mad in Feb 2002 was worth Rs 4.35 lacs in Feb 2007. 5. Mutual Funds--while returns varied from fund to fund, 1 lac invested in Feb 2002 in Reliance Vision Fund was worth Rs 11 lacs in Feb 2007, a return of 1020% in 5 years. 1 lac invested in Reliance Growth fund in feb 2002, was worth Rs 13.2 lacs in Feb 2007, a return of 1213.5%. I do not know whether history will repeat itself, but I would not like to miss the bus by remaining away from stocks and mutual funds totally.
dear doctor sahib well explained, at least i can sleep peacefully over my MF investment which is down to almost 47%, keeping your returns temporary loss of 47% is negligible to 1000% return. Thanks once again with regards r……..
In last we are coming up with many new schemes to educate the customers to ensure they reap maximum benefit
from the next Bull Run.
First we plan to send you monthly news letter (FREE), providing you with specific inputs about the market and other very important data. To get you will have to send in your contact details i.e. Name, Address, Mobile no and email id to letsgrowrich@ gmail.com . Second we are conducting many seminars the details of which will be available at my web page www.minabazar. njfundz.com or if your want to be invited directly kindly send your contact details with a request of willingness to attend the seminars. Most of the seminars are FREE but some will be paid too you will be intimated accordingly. Lastly we will send your financial plan FREE at your address (Hard/Soft Copy), if you are willing to get your copy of financial plan, send us a mail at letsgrowrich@ gmail.com There is a very interesting study about the past, present and future of market kindly see if you can learn something from it … http://groups. google.co. in/group/ investmentsuperg rowth/browse_ thread/t hread/861ee09bcb277 dd9?hl=en We will send you the Financial Fact Finder. Looking forward to hearing from you soon. Take care Sunil Kumar
Dear Friends,
We all have gone thru a very difficult period in the history of the
World and possibly some worst time may still come, I am sure we have
the guts to face that too. At this point I am going to discuss only
few basic things that we often ignore in the process of investing.
Kindly remember Stock markets are the and will remain the biggest
value creators and destroyers compared to all asset class. Asset
allocation is the biggest single factor to keep in mind.
Inflation and Tax are two most important factors to look at if we are
talking about appreciation of investments. Any thing minus them is
your true appreciation and only one asset class can defeat them both.
A great deal of difference in earnings can be achieved by the way of
planning, period and profit booking. Again the process of asset
allocation is a dynamic function of profit booking.
Time in and not (r) not timing is the key factor. To ensure time-in
plan your goals and approach them systematically. Invest in Stock
market for terms longer than 5 years in mind any money for less than 5
years should go to fixed income schemes.
I am quoting the mails of two investors (without their permission)
from one of the group on Google
(http://groups.google.co.in/group/investmentsupergrowth/browse_thread/
thread/1b10d7533adb1824?hl=en)
This is a live example of what we have discussed above.
Dear S…,
since you have taken pains to analyze the cycle 2000 to 2004, let
me use this to answer a few queries raised in response to my PMS post.
1. First of all, PMS Managers were hit suddenly by the super-bear run.
They lost their jobs, money and reputation. I would not blame the
companies for going slow--in fact they have shifted a few people from
PMS division to other sections too.
2. Money in PMS ----I put in absolutely the money which I would never
need----returns are a bonus but loss of entire amount would not break
me. In other words, this investment was more of greed than a need. I
suggest that investors take PMS in this spirit even in the future when
the markets correct.
3. I absolutely believe that stock market investments should follow
other safe investments. I also believe that if one stays away the
markets completely, in fear of crises like the present ones, one will
be safe but will never hope to build wealth in his/her life-time
(exception being real-estate investors who also build wealth over 5 to
10 years periods).
I now give you my own example of the previous bear period. In Jan
2000, I was well invested in stock market. I remained invested fully,
adding money even as the sensex collapsed over next 4 years.
In May2001, I took premature retirement from army and received Rs 26
lacs as terminal benefits. Since I could not take risk with this
money, I invested all of this in LIC--Bima Nivesh(@ 11.5%), and in RBI
Taxfree bonds (@8%). No part of this money was invested in stocks as
this was money I could not afford to lose.
However, I started my own practice in Jul2001, and it took off,
trebling my monthly income(compared to my last drawn salary). This
money I could afford to invest in stocks and so I did--in both stocks
and mutual funds.
In Feb 2007, I did a comparison of the returns of the past 5 years---
Feb 2002 to Feb 2007.
1. Rs 10 lacs invested in LIC were cashed at Rs 15.4 lacs.
2. Rs 10 lacs invested in RBI Bonds--gave me Rs 80000 every year as
tax-free income.
3. Rs 1 lac invested in PPF became Rs 1.56 lacs in Feb 2007.
4. Stocks----I'll not go into individual stocks but an investment of
Rs 1 lac in sensex stocks mad in Feb 2002 was worth Rs 4.35 lacs in
Feb 2007.
5. Mutual Funds--while returns varied from fund to fund, 1 lac
invested in Feb 2002 in Reliance Vision Fund was worth Rs 11 lacs in
Feb 2007, a return of 1020% in 5 years. 1 lac invested in Reliance
Growth fund in feb 2002, was worth Rs 13.2 lacs in Feb 2007, a return
of 1213.5%.
I do not know whether history will repeat itself, but I would not like
to miss the bus by remaining away from stocks and mutual funds
totally.
dear doctor sahib
well explained, at least i can sleep peacefully over my MF investment
which
is down to almost 47%, keeping your returns temporary loss of 47% is
negligible to 1000% return.
Thanks once again
with regards
r……..
In last we are coming up with many new schemes to educate the
customers to ensure they reap maximum benefit from the next Bull Run.
First we plan to send you monthly news letter (FREE), providing you
with specific inputs about the market and other very important data.
To get you will have to send in your contact details i.e. Name,
Address, Mobile no and email id to letsgrowrich@... .
Second we are conducting many seminars the details of which will be
available at my web page www.minabazar.njfundz.com or if your want to
be invited directly kindly send your contact details with a request of
willingness to attend the seminars. Most of the seminars are FREE but
some will be paid too you will be intimated accordingly.
Lastly we will send your financial plan FREE at your address
(Hard/Soft Copy), if you are willing to get your copy of financial
plan, send us a mail at letsgrowrich@...
There is a very interesting study about the past, present and future
of market kindly see if you can learn something from it …
http://groups.google.co.in/group/investmentsupergrowth/browse_thread/t
hread/861ee09bcb277dd9?hl=en
We will send you the Financial Fact Finder.
Looking forward to hearing from you soon.
Take care
Sunil Kumar
IS THIS TRUE ???????????????????????
Who owns the media in India ?
- Recent Gujarat election have witnessed unaccountable money paid
to
media persons of both, print and electronic by Saudi Arabia to
discredit
Modi and the Hindutva forces, which Media did very faithfully
without
success.
- There are several major publishing groups in India , the most
prominent
among them being the Times of India Group, the Indian Express
Group, the Hindustan
Times Group, The Hindu group, the Anandabazar Patrika Group, the
Eenadu
Group, the Malayalam Manorama Group, the Mathrubhumi group, the
Sahara
group, the Bhaskar group, and the Dainik Jagran group.
Let us see the ownership of different media agencies.
- NDTV: A very popular TV news media is funded by Gospels of
Charity in
Spain Supports Communism. Recently it has developed a soft corner
towards
Pakistan because Pakistan President has allowed only this channel
to be
aired in Pakistan . Indian CEO Prannoy Roy is co-brother of
Prakash Karat,
General Secretary of the Communist party of India . His wife and
Brinda
Karat are sisters.
- India Today which used to be the only national weekly which
supported
BJP is now bought by NDTV!! Since then the tone has changed
drastically and
turned into Hindu bashing.
- CNN-IBN: This is 100 percent funded by Southern Baptist Church
with its
branches in all over the world with HQ in US. The Church annually
allocates
$800 million for promotion of its channel. Its Indian head is
Rajdeep
Sardesai and his wife Sagarika Ghosh.
- Times group list: Times Of India, Mid-Day, Nav-Bharth Times,
Stardust,
Femina, Vijay Times, Vijaya Karnataka, Times now (24- hour news
channel)
and many more...
- Times Group is owned by Bennet & Coleman. 'World Christian
Council does
80 percent of the Funding, and an Englishman and an Italian
equally share
balance 20 percent. The Italian Robertio Mindo is a close relative
of Sonia
Gandhi.
- Star TV: It is run by an Australian, who is supported by St.
Peters
Pontifical Church Melbourne.
- Hindustan Times: Owned by Birla Group, but hands have changed
since
Shobana Bhartiya took over. Presently it is working in
Collaboration with
Times Group.
- The Hindu: English daily, started over 125 years has been
recently
taken over by Joshua Society, Berne , Switzerland . N. Ram's wife
is a Swiss
national.
- Indian Express: Divided into two groups. The Indian Express and
new
Indian Express (southern edition) ACTS Christian Ministries have
major
stake in the Indian Express and latter is still with the Indian
counterpart.
- Eeenadu: Still to date controlled by an Indian named Ramoji Rao.
Ramoji
Rao is connected with film industry and owns a huge studio in
Andhra
Pradesh.
- Andhra Jyothi: The Muslim party of Hyderabad known as MIM along
with a
Congress Minister has purchased this Telugu daily very recently.
- The Statesman: It is controlled by Communist Party of India.
- Kairali TV: It is controlled by Communist party of India
(Marxist)
- Mathrubhoomi: Leaders of Muslim League and Communist leaders
have major
investment.
- Asian Age and Deccan Chronicle: Is owned by a Saudi Arabian
Company
with its chief Editor M.J. Akbar.
- Gujarat riots which took place in 2002 where Hindus were burnt
alive,
- Rajdeep Sardesai and Bharkha Dutt working for NDTV at that time
got
around 5 Million Dollars from Saudi Arabia to cover only Muslim
victims,
which they did very faithfully. Not a single Hindu family was
interviewed or
shown on TV whose near and dear ones had been burnt alive, it is
reported.
- Tarun Tejpal of Tehelka.com <http://tehelka.com/> regularly gets
blank
cheques from Arab countries to target BJP and Hindus only, it is
said.
- The ownership explains the control of media in India by
foreigners. The
result is obvious.
- PONDER OVER THIS. NOW YOU KNOW WHY EVERY ONE IS AGAINST TRUTH,
HOW VERY
SAD.
- *Please pass this on to as many as possible. Let them know who
feeds
them with biased news and information- yet call themselves
secular.*
Life takes on meaning when you become motivated, set goals and
charge after them in an unstoppable manner.
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The unravelling of the US subprime crisis has sparked off panic in
India. The flight of $13 billion plus of the foreign institutional
investors' (FII) capital has led to the collapse of stock market
prices. After a very long time, the value investor could contemplate
buy-and-hold strategies.
Near the bottom of bear markets, broad buy signals are generated by
several rules-of-thumb. Those check out positive.
The first buy signal is that the earnings yield is higher than the
yield from risk-free instruments.
The Nifty is trading at a 2007-08 price-earning (PE) ratio of 11.4 –
this is equivalent to an earnings yield of about 8.8 per cent. In
comparison, the 364-day T-bill was last auctioned at a cut-off yield
of 7.4 per cent.
Second, the price-earnings growth (PEG) is reasonable if you trust
revised consensus earnings estimates. Most corporate entities reckon
that they will manage full-year earnings per share (EPS) growth of
around 10-15 per cent. The average PEG is therefore at 1 or below it.
Of course, the slowdown could lead to another downward revision of
earnings estimates from all and sundry.
The third set of buy signals are price-book value ratio and the
dividend yields. These are now at levels that are usually seen close
to market bottoms. The Nifty's price-book value (PBV) ratio is about
2.3 and dividends yields are above 2 per cent.
While passive index investing should be profitable in the long term,
smart money will try to minimise exposure to the most vulnerable
sectors.
There could be a lot of pain left, especially in specific sectors.
Until a new government is sworn in, both in India and in the US, real
investor confidence will not return. By then, there could be further
price declines, particularly during the horse-trading period, when
accommodations are made (assuming the Lok Sabha elections result in
another hung Parliament).
One obvious area of vulnerability is stocks with high FII exposures.
The flush-out in those stocks should however be more or less complete
by January. Another obvious area is banks –provisioning for both
domestic non-performing assets (NPAs) and for mark-to-market (MTM)
losses in overseas exposures is likely to continue rising.
A third obvious area is real estate – land prices are likely to drop
through the next 12 months and that fear has already had an
exaggerated effect on real estate stocks.
These are known risks and they have already been discounted to some
extent by the markets. A downside still seems probable however. It may
appear unlikely that there will be a systemic collapse. But it may
just happen if a big real estate developer goes bust and that takes
down a major bank or housing finance major, which has exposure to its
projects.
Can you buy the Nifty while excluding stocks that fall into the above
(overlapping) categories? Well, while real estate and banking/finance
businesses can be avoided, you will have to take a call on the level
of FII holdings that is safe. Pretty much every company in the F&O
list has some level of firangi holdings. You can set a cut-off on the
basis of December 2008 shareholding patterns if you wait that long.
There is another concern that has not really been ventilated yet. The
debt burdens and forex exposures of companies that have tapped the
FCCB market could explode through the next couple of financial years.
This will depend on their respective stock prices when the time for
redemption or conversion comes around. Many balance sheets will be
stretched if conversion is not a possibility at that moment.
Far more noise has been made about derivatives exposure in forex
contracts, but FCCB exposures could actually prove to be far more
dangerous. The quantum of exposure is far more for one thing. The only
way to assess this is on a case-by-case basis.
Many pivotals fall into one or more of the above categories of highly
vulnerable. That reinforces concerns that the bear market could
continue even if overall valuations now seem to be attractive.
If you can avoid stocks that have these vulnerabilities, whatever is
left behind in the filtered set should be out-performers. A mechanical
dividend-specific approach of picking up the highest yields could
work. Several other methods could work. But you must be prepared to
hold till end of 2009-10 at the very least.
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