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jitendra chaudhari says:
it good sugestion but it is need to support your wife. jitendra chaudhari
May 17, 2012 on 7 alerts for a money crunch!
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FINANCE TIP OF THE DAY
Can you afford your loan?!
Know the quantity of loan you can afford. The banks may sanction loan based on your income but you should look at your monthly expenditure and see if you can afford the maximum that banks offer. As a thumb rule, remember not to let your credit exceed 40% of your income!
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This festive season, give yourself nothing but the best deal!
… to its attraction. Discounts and schemes Festival season discounts comes in two ways; one, the cash discount where the retailer cuts the price by a significant amount and sells cheaper; two, the retailer provides a loan to buy goods at an easy EMI. Typically the interest rate is zero. Cash discount is easy to understand and is offered by all retailers, big or small. Buy one, get one free is one such discount. 50% off on your purchase is anothe…
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How corporate events impact stock prices!
We tend to ignore the basic fundamental of stocks when we invest. However small the ownership of the company, we tend to buy it! Every stock represents a tiny ownership of the company. This implies that the corporate events within the company will impact the stock. The purpose of a firm is to maximize the shareholders’ value and the management is delegated with the responsibility to achieve the same. Hence management takes action, which essent…
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PE ratio, buy quality stocks at bargain prices!
Assume there are two companies A and B, operating in the same sector. If PE of A is 30 and PE of B is 22, then B is considered to be a better buy, as the market price has not gone up to reveal the earnings prospect of the company. But A is considered to show higher growth prospects as compared to B. Have you ever experienced the following scenario: You buy 1 kg of apples at Rs. 100 per kg, only to find out they were available at Rs. 80 per k…
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Simple rules in investments!
Another way to use this rule of thumb is to guess the rate of return that you must get for an investment to double within a particular period. Say, Mr. Ramesh wants to buy a house after six years for a budget of Rs. 30 lakhs. He has Rs. 15 lakhs with him as of now. He is wondering how much he needs to earn every year for his money to double so that he can get to buy his house after six years. Investing is a complex term and a daunting e…
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Want to buy gold? Read on!
Though it is a good time to buy gold, don’t go overboard, do have an exposure to gold. One can invest in gold directly, invest in a SIP (monthly purchases) to get the best price either by buying buying gold in physical form like jewellery , gold biscuits , gold bars or investing in gold ETFs. For investors holding gold, continue to hold it as it is likely to go up further in the long term. Gold touched its new all time high of US$ 1,244…
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SIP or VIP! How to decide?
In SIP, if the investor wants to invest Rs.30, 000 per annum it would be done over a 12 month period of Rs. 2500 every month! SIP gives you the advantage from rupee cost averaging and saves you from the hassles of timing the market. You contribute a fixed amount every month and when the markets are up your investment amount will buy you only lesser units but when the markets are down you could get more units for the same price. Today many invest…
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Pure auction method, changing the way IPOs are traded
This system of pure auction will be more beneficial to investors and at the same time provide better clarity on the actual demand for an issue. In regular book-built issue the institutions always bought more shares as in the case of over-subscription of issue the company would allot the shares on a prorate basis. Consequently the investor will get much less than the shares he actually wanted to buy. For example, an institutional investor wanting…
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Is this the best time for you to buy your home?
While dealing with the aftermath of the great slowdown, everybody seems to be asking this question – “is it the right time for me to buy my dream home?” The answer, is not that simple nor too complicated. Your home loan is a life long investment which can gurantee you higher returns in future. Although it is a huge financial decision to make, you can always seek help from the bank if you are facing any issues as a borrower. But there are a certa…
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Govt may buy RBI’s stake in NABARD
Government of India may buy RBI’s stake in the National Bank of Agriculture and Rural Development (NABARD) in the next fiscal. The Government had allocated Rs. 1450 crore in this budget. It has been seen that after a discussion with the RBI, Govt. has decided to buy 72.5% of share holding in NABARD. Presently, this is being held by RBI, but after the buyout the bank becomes totally government owned. Sources say that the share transfer is …
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