- Do you feel confident enough to purchase a car or laptop or would you rather save because of the slowdown? We look at recent surveys to discern consumers' attitudes on spending.
Apr 30, 2009
Pharma stocks, the best betPharma stocks have fared well in the past year due to the relatively defensive nature of their business.
When the bear markets rallyBear markets often witness sudden upswings and the investors mistakenly believe them to be the return of a bull run. The graphs below show that such short-term rallies are much steeper in Indian markets than those in the US. Markets have rebounded by over 2,000 points, or 25%, from their recent lows. We analyse whether the uptrend is sustainable in the long term. Although our fund manager has taken tentative investment steps, he is convinced there will be aggressive churning — stock changes as well as trading in and out of the same stocks.
How to be a smart spenderYou don't have to give up all the good things in life just because the economy is down. All you need to do is make small, but long-term, changes. Where to cut costs? Buying concerns Spending right is also about slashing costs at the right places. Here are simple strategies to help trim monthly expenses without compromising on your lifestyle. Be prepared to tackle power outages this summer. Here are some back-up options that will ensure you are never in the dark.
Focus on big spendersWhat is really important is that hidden behind the consumer statistics of most marketeers is a segment that is largely ignored. There has been a clear change in the consumer spending pattern in India, with various socio-economic classes (SECs) responding differently. Another bear run in an already battered global economy is not only likely — given the largescale failure that might result from misguided attempts to shore up the banking system — but it can also prolong the pain, where investing today will seem like putting good money after bad.
Ladies' specialWomen are being courted with select financial offerings, but some may not be worth their cost.
To exit a life insurance policy or not?If you want to surrender a policy that neither offers enough protection nor high growth, here are the things you should consider.
Scanning insurance rightsIn case of health insurance policies, much of the disgruntlement and many disputes have risen from lack of transparency.
Why travel in the summer of 2009?A holiday this season might be the cheapest in two years as hotel rates and air fares plummet to suit recession-hit travellers.
Cool contraptionsIf the thought of summer has you sweating, chill. While some of these gadgets are powered to help you keep your cool, literally, others will eat into the long hours by keeping you sufficiently entertained.
Can I claim deduction on interest earned from NSCs?The investment made by an individual in an NSC qualifies for deduction under Section 80C. The maximum amount that can be claimed as deduction under this section is Rs 1 lakh. Don't panic if you have overshot the tax payment deadline. We tell you how to put your taxes in order.
Gleaning the glitterThe Money Today-Plexus Management new fund evaluation brings to you an analysis of the SBI Gold Exchange Trading Fund.
A high-cost fund can be a good buyDon't invest in a scheme just because it charges a lower annual fund management fee. As interest rates come down, debt funds are poised to give attractive returns. While the fixed income funds of ICICI Prudentual Mutual Fund have had a successful run, the equity funds have managed to performed only averagely. In keeping with your age, risk profile and changing requirements, you need to alter this ratio with time.