Sep 25, 2009

Simple way to start SHARE Trading

There is always many doubts in the minds of a new comer, that too in share trading it is many fold higher.
Here is one way of starting it.

Prepare a watch list of 5 to 10 companies Shares.
To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker. 
Note down the closing prices of these cos in a excel sheet for 10 days.
This will give you an idea about the price movements in the watch list.
Start buying when it is stabilizing at a price. keep watching.
Fix a target price and book profit when it reaches the price target.
Book profit and enjoy,  this will motivate you to do more trading.
Talk with people, this will help gaining knowledge.
Accumulate the Holdings at every fall.
( we can see how to average in a separate post)
I always believe in holding for a long term, i don't do any Intra day or  Futures / options trading.
This is one of the ways to start Equity Trading.
Careful (watchful) trading will definitely give better returns than any other deposit options.
START TRADING AND MULTIPLY YOUR MONEY.

Sep 18, 2009

Start SIP Today

It is time (for that matter any time is good) to start SIP in Mutual Fund.

Now there is no entry load. you gain that extra 2.25% (approx).

Select your AMC ( Asset Management Company = Mutual Fund company), then select your fund.

(you may avail the services of a financial adviser and never hesitate to pay him a fee)

Longer the term the better.

Remember, you can stop at any point of time, by just giving a letter.

Important, NEVER STOP because the market is at its downward trend.
(you MUST buy at lower levels)

It is one of the best ways to build a corpus.

Aug 20, 2009

Jaswant vs Jinnah vs BJP

we read something as history and we believe it , may be because we are democrats (majority rules !).
And all of a sudden some one, almost after 62 years, comes in saying something which we (majority rules again) dont want to believe.
Can any one or Mr Jaswant singh answer few questions
I feel, he would have been in his 20s by that time (around 1947), why wait so F.. A.. R.. ?
Whats the purpose now?
Is it a tactic, like our foreign cricketers, to sell the book ?
comments are welcome.

Jul 10, 2009

Income Tax Rules

Know your Tax rates

The new Tax rates for the Financial Year ENDING 31st March 2010.

  • Up to 1,60,000 NIL
  • 1,60,001 to 3,00,000  10%
  • 3,00,001 to 5,00 000  20%
  • Above 5,00,000  30%

For Women up to 1,90,000  Nil.
For Senior Citizens up to 2,40,000  Nil

Jul 9, 2009

No ENTRY Load – MF investments

Do you know ? ? ?

There is “no entry load”  on Mutual Fund investments from   1st August 2009.

when you invest in Mutual Funds thro’ Financial Advisor, so far, there is an entry load of 2.25% ( even for SIP investments). This is up to 31st July.

SEBI, the regulator ruled that there should not be any entry load on investments from 1st August 2009. There will be an exit load of 1% on redemption.

what the investor should do now ?

wait till the deadline and then invest(after 31st July)?

what the Advisor should do now ?

advise the client not to invest in July’09 ?

what the AMCs should do now ?

close the doors and stop accepting the purchases?

what is actually happening ? ? ? ? ? ?

what is right ?

is there any answer ? ? ?