Rakesh Mishra booked five flats in a single project near Delhi and planned to sell four. But for more than a year, there was no appreciation in prices and he couldn’t find any buyers.
Gopal Krishna Murthy realised the downside of F&O when he lost Rs 18,000 on a margin call. “I was carried away by the possibility of making big gains on a small investment,” he says.
A believer in frequent portfolio-churning and even quicker profit-booking, Rakesh Goyal has realised that his strategy isn’t working as well due to the higher tax on capital gains.
Rajshekhar spent Rs 11,400 on an iPod Nano in February. “Had I waited a few more months, I could have bought a new mobile phone along with the iPod,” he says.
Shash had 12 credit cards, on which he had revolved about Rs 1.5 lakh. When he realised his finances could not cover even one card, he cut down to six cards.
Which bulb do you use at home? A lot of us still use bulbs, because at about Rs 25, they are cheaper than a CFL, which costs Rs 125, and a 2-Watt LED, which costs Rs 450-700. Never mind that the CFL lasts around four times longer, and an LED at least twice as much.
Ashwini Dhingra was a production engineer, then got a management degree and specialised in marketing in an IT firm. Unhappy, he learnt new skills and joined advertising.
Although 15% of Reetesh's annual package is variable, he takes the amount as a given and uses it for investments, while the fixed pay is used to meet regular expenses.
General elections in India have had an immediate impact on economic growth. You should be aware of such implications since elections are around the corner.
Forecasting is a science. But in uncertain times, it becomes an art. Unprecedented turn of events in the past 12 months has made experts look like tyros. The high level of cash in the portfolios has riled some of our bullish readers. Dipen Sheth explains his reasons for staying 50% invested.
Midcap and Smallcap indices book loss In the past year, the Midcap and Smallcap indices have lost much more heavily than the Sensex and BSE 500.
Newer funds perform better Since the beginning of the year, the newer funds have performed better than the older lot. This is because the younger funds have been able to avoid the brunt of the downturn in the markets, even as the older funds remained invested.
Action on the bourse Bonuses, buybacks and rights issues offered by companies can affect your investment returns. Learn how to make the most of them. How does the central bank manage your wallet? Why do you use Rs 500 and Rs 1,000 notes frequently and are flashing the debit card more often? Here are some answers.
How safe is your ATM? It isn’t, if you consider the many ways it can be used to rob you of your cash. We list some common traps and ways to avoid them.
5 FAQs about a sweep account This facility promises high returns on your bank deposits without compromising on liquidity. A snapshot of the rupee’s performance to help you take decisions on travel and overseas investments. For the first-time equity investor, index funds are a relatively safer option as they take the guesswork out of investing. Besides, the charges are lower.
Assessing risk The risks in mutual fund investments arise from the probability of a fall in the NAVs, which can be attributed to market risks and company-specific risks.
Sectoral advantage Money Today-Plexus Management evaluate IDFC Strategic Sector (50-50) Equity Fund: This is a high risk, high-reward fund, where a small mis-step by the fund manager can lead to big losses, and vice versa.
'Control fear and greed' Identify your financial needs and risk appetite before investing, says Ved Prakash Chaturvedi, MD, Tata Asset Management. Many investors are convinced that after the Sensex plunged 41% in six months, the key indices can fall no further. It looks like they could be right. Can things really improve? With the festive season fast approaching, airlines and hotels are gearing up to woo travellers. Book your tickets before mid-September to avail of the best offers. Eggs are not only an important source of nutrition for many people in urban India, but are a key ingredient in bakery products and processed foods. There’s nothing easier than logging on to the people in the know—and the service is almost always free. When Mumbai-based Wasiff Khan decided to experiment with a daily tiffin service for dogs, he didn’t expect that the Homecare Dog Food would grow into a Rs 75 lakh packaged meal business. Every day, we conduct a financial transaction that requires an informed decision. Whether it is taking a loan, using a credit card or opening a fixed deposit, a little knowledge can get you a better deal. Check out how financially savvy you are with this short quiz. Though the Bangalore-based Ganapathys have invested in the right instruments, they have wrongly estimated the total investment required. Prashanth Amin of Kolkata wants to know how the systematic withdrawal plans offered by mutual funds work and the tax implications of investing in one. Entire STT payment will be treated as expenditure against the income from trading of shares. In a globalised world, a book on finance by foreign authors is relevant for Indian readers too. Moreover, very few Indians have written on this subject. These are trying times. They are also optimistic ones. Read our cover story to find out the wrongs, and workable solutions to be richer. Midway through a thriving career, Raghav Kher ran into a business opportunity. He exploited it with passion and came up with the Rs 25 crore Seventymm. The author demolishes 13 of the most popular investment strategies and suggests ways to make them more effective. Despite the academic writing style, the book is a must for every equity investor, says Kamya Jaiswal. If you are stressed about your market exposures, consider an exit. The market can remain irrational longer than the rational investor can stay solvent. Sometimes the winning trade is not equities.
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