Hi Folks, This is my experience about the feeling and joyful experience which I get while shopping. I normally do shopping once in a week to make myself rejenuvate and to get out of stress. Shopping changes your mood and you will feel recreate in yourself.
During my free times I normally go to Big Bazaar to buy my groceries, provision and other items and not to say you might avail heavy discounts, cash back facility, surprise gifts, coupons and lots more in addition to your credit cards which gets atleast 50 maximum days of credit.
If you add to your chart in addition to shopping to go to sizzlers or in restaurant to have delicious meal. Thanks to multinational banks offering various types of credit cards to lure their customers.
Shopping is a great deal to shop. I had observed that buying from the local sellers will not give any advantage either in cash or kind. You can avail heavy discounts, free items and lot of amenities when comes to shopping in to mall. I really gets benefits while purchasing my provisions and groceries in big mall like Big Bazaar and SUBHIKSHA.
It comes with alot of amenities where you can purchase with your credit cards as by very low amount also. Apparels, cosmetics also can get at a very reasonable rates. It depends upon your appetites to control yourself while shopping at big malls.
The only disadvantage is that you come out with an extra ordinary purchases which you really don't need it and especially to women's. My perception is I love to go in maals with my credit cards and I buy onlt those which I reaaly had an urge to buy and also see other benefits attached to it in the form of discounts, free gifts, etc.
Thursday, March 27, 2008
Saturday, March 01, 2008
March 01, 2008
Hi Folks, Today world has become fast, In this motion fast world one has to compete so as to come out with first rank or category in terms of quick service, information, reply, support, help, communication. No one has the time to wait upon for any subject. Thanks to internet and other media which gives fast access and provide information with no seconds of time. With this fast pace of technology one gets a lot of advantages by sitting at one corner of the office like instant access of his bank accounts with just a press of keyboard buttons, mobile payments, tours and travels, shopping, air line and railways booking. In this IT world ther is so much comfort and luxury which caanot be imaginable.
Internet has given a host of services to the people of this world. With on line payments of utility bills, easy access of bank accounts, and any other damp information can get fulfilled with the internet. I think a day will also come that you get ready made parents also on line apart from your kinsfolk parents.
I really gets mercy upon the people of ancient age where they were not having the resources to spend their livelihood. To travel the distance they were using bullock carts, or going walking from one place to another and ot say about long distances where they were used to spend the number of days in jouney with comparsion at present only for two or thre days to complete that trip.With the growing technology and science to give benefits to the poeple ,it leads to also some drawbacks which in turn of loosing patience and getting intense irritation and wild in nature.
Internet has given a host of services to the people of this world. With on line payments of utility bills, easy access of bank accounts, and any other damp information can get fulfilled with the internet. I think a day will also come that you get ready made parents also on line apart from your kinsfolk parents.
I really gets mercy upon the people of ancient age where they were not having the resources to spend their livelihood. To travel the distance they were using bullock carts, or going walking from one place to another and ot say about long distances where they were used to spend the number of days in jouney with comparsion at present only for two or thre days to complete that trip.With the growing technology and science to give benefits to the poeple ,it leads to also some drawbacks which in turn of loosing patience and getting intense irritation and wild in nature.
I can tell my example to which it direclty soar my temoerature with no quick service on time. The scenerio is of Nationalise bank where ther is a lot of red tapism and very slow process for any transcation and moreover it takes a lot of time to finish one transaction whch can be done through on line. I got fed up with their services which always makes me to get wild on them. I decided to switch over to another bank which can give free access internet on line information.
Today's people has lost patience and perservance. They does not believe in hardships and turmoil. No one likes to stay in big serpentine queues. Services sector which provide services has to get incorporated with the latest technology to give benefits to their clients and customers.
March 01, 2008
Online bill payments are good medium of removing the hassle of bill payments. You no longer have to stand in line, keep track of last dates or go to numerous places to pay different bills.
You can pay all your bills whether electricity, mobile or credit card online. Today one can choose between using an independent bill payment service provider like BillJunction.com and TimesOfMoney.com or you can even opt for the service through your bank.
Banks like HDFC, ICICI and Citi provide this service to their customers and bills can be paid through phone or net banking or via the ATM (automatic teller machine).
The basic advantage to online bill payments is convenience. Different portals have different features. The advantage of the independent bill service provider is that you can hold any bank account and still use the facility.
However, you have to be a HDFC Bank account holder to use their service, which is a requirement for the other banks providing the service as well.
TimesOfMoney.com allows you to schedule future payments, issue standing instructions for automatic payments, use multiple bank accounts and it also provides you with an online archive of your bills.
All the service providers offer archival facilities for at least the last 36 months' bills. They also offer either SMS or email reminders for the bills that need to be paid.
You can choose from a manual facility, which requires you to view the bill and pay or an automatic pay route, through which you allow the bank or service provider to directly debit your account once the bill is presented for payment.
Unless the amount is unnaturally high, you will not be notified about the deduction. TimesOfMoney charges Rs 199 for a period of 12 months and allows you to pay unlimited number of bills.
TimesOfMoney offers the service in Mumbai, New Delhi and Bangalore while BillJunction offers the service in Mumbai, Delhi, Pune, Kolkata, Bangalore, Hyderabad, Ahmedabad, Chennai and Chandigarh. BillJunction charges a one-time registration fee of Rs 50 and has designed packages you can choose from.
For instance, under the Supremo plan you will be charged Rs 160 for 20 bills and the validity period is one year.
Similarly if you choose to use the SMS bill pay service provided by BillJunction then under the Supremo plan you will be charged Rs 160 for 12 bills in a period of one year.
Compared with this, Citibank charges a transaction fee of Rs 10 if you utilise the net banking facility and Rs 25 if you use the phonebanking facility.
However, the facility is free to all ICICI Bank credit card and account holders but they need to register as Internet banking customers. HDFC also charges Rs 10 per transaction
You can pay all your bills whether electricity, mobile or credit card online. Today one can choose between using an independent bill payment service provider like BillJunction.com and TimesOfMoney.com or you can even opt for the service through your bank.
Banks like HDFC, ICICI and Citi provide this service to their customers and bills can be paid through phone or net banking or via the ATM (automatic teller machine).
The basic advantage to online bill payments is convenience. Different portals have different features. The advantage of the independent bill service provider is that you can hold any bank account and still use the facility.
However, you have to be a HDFC Bank account holder to use their service, which is a requirement for the other banks providing the service as well.
TimesOfMoney.com allows you to schedule future payments, issue standing instructions for automatic payments, use multiple bank accounts and it also provides you with an online archive of your bills.
All the service providers offer archival facilities for at least the last 36 months' bills. They also offer either SMS or email reminders for the bills that need to be paid.
You can choose from a manual facility, which requires you to view the bill and pay or an automatic pay route, through which you allow the bank or service provider to directly debit your account once the bill is presented for payment.
Unless the amount is unnaturally high, you will not be notified about the deduction. TimesOfMoney charges Rs 199 for a period of 12 months and allows you to pay unlimited number of bills.
TimesOfMoney offers the service in Mumbai, New Delhi and Bangalore while BillJunction offers the service in Mumbai, Delhi, Pune, Kolkata, Bangalore, Hyderabad, Ahmedabad, Chennai and Chandigarh. BillJunction charges a one-time registration fee of Rs 50 and has designed packages you can choose from.
For instance, under the Supremo plan you will be charged Rs 160 for 20 bills and the validity period is one year.
Similarly if you choose to use the SMS bill pay service provided by BillJunction then under the Supremo plan you will be charged Rs 160 for 12 bills in a period of one year.
Compared with this, Citibank charges a transaction fee of Rs 10 if you utilise the net banking facility and Rs 25 if you use the phonebanking facility.
However, the facility is free to all ICICI Bank credit card and account holders but they need to register as Internet banking customers. HDFC also charges Rs 10 per transaction
Saturday, February 23, 2008
February 23, 2008
Hi Folks! Internet boom is there everywhere with no exceptions to childrens. It has open all the limits and boundaries to each and eveyone and at all possibles corner of the world. Instant information, news, access to, and topics and information for any related issues gets available with no seconds of time. Information gets spread fast to all over the world with no seconds of time and thanks to e mails and web conferencing and chatting. Long trips and journeys has been avoided due the fast speed of communications through e mails and internet.
Internet is also available in our mobile called GPRS, In Short now there is no lapse of communication from anyone and anywhere. Childrens are most affected by this technology. Infant minds gets influenced by adultery and pornographic sites and why not, thanks to our internet which almost gets opened and explore the vulgar and porn films.
In ancient times, people use to get embarass to talk in relation to the topics of sex and porn. Ads were also getting sponsored which was not understood by little children. Internet and other related media's made this world wide open to any doors of news, subjects and other stuff. To make control of viewing sites to your children, there is a site called zoomzaa which enables parents to block any sites to get unvieuwable to their childrens.
One can visit the website at www.hoopaa.com
Saturday, February 16, 2008
February 16, 2008
Avoiding common problems faced by credit card customers
Author Name : Harsh Roongta
Tuesday,14th August 2007
Here are some common problems faced by credit card customers along with possible solutions.
1) No feed back from the bank after submitting all the documents and the application form. You need to take down the details of the name of the person who met you, the DSA's name which employs him and his mobile number and the exact date on which the form was handed over to him. Keeping his visiting card is a good idea but you should also note these details down on your copy of the credit card application form (as in many cases the executive meeting you may not have a visiting card). There is no point in following up with the executive for a feedback. You will be better off calling the common call centre of the concerned bank and providing them with all these details. In some cases even that may not help in which case you may have to apply again if you are very insistent on taking a credit card from the same bank.
2) Fees charged despite the promise of a free card. Get all promises in writing (or on email).
3) Subscription to insurance services or publications started without your approval: Keep a photocopy of the application form and take acknowledgment with full name and designation and mobile number of the bank representative to prove your case that you had never asked for the service.
4) If you still face a problem file an official complaint on the bank's website. If the issue is not resolved to your satisfaction within a couple of weeks you can file a complaint with the banking ombudsman. Details of how to file an online complaint with banking ombudsman are available on www.bankingombudsman.rbi.org.in
Related links: How to select the right credit card for you
Things to watch out for while using a credit card
Credit Cards: Safety Features
Related Articles : • Credit Card Statement Made Easy•
Banks and Recovery Agents: People we all love to hate
Author Name : Harsh Roongta
Tuesday,14th August 2007
Here are some common problems faced by credit card customers along with possible solutions.
1) No feed back from the bank after submitting all the documents and the application form. You need to take down the details of the name of the person who met you, the DSA's name which employs him and his mobile number and the exact date on which the form was handed over to him. Keeping his visiting card is a good idea but you should also note these details down on your copy of the credit card application form (as in many cases the executive meeting you may not have a visiting card). There is no point in following up with the executive for a feedback. You will be better off calling the common call centre of the concerned bank and providing them with all these details. In some cases even that may not help in which case you may have to apply again if you are very insistent on taking a credit card from the same bank.
2) Fees charged despite the promise of a free card. Get all promises in writing (or on email).
3) Subscription to insurance services or publications started without your approval: Keep a photocopy of the application form and take acknowledgment with full name and designation and mobile number of the bank representative to prove your case that you had never asked for the service.
4) If you still face a problem file an official complaint on the bank's website. If the issue is not resolved to your satisfaction within a couple of weeks you can file a complaint with the banking ombudsman. Details of how to file an online complaint with banking ombudsman are available on www.bankingombudsman.rbi.org.in
Related links: How to select the right credit card for you
Things to watch out for while using a credit card
Credit Cards: Safety Features
Related Articles : • Credit Card Statement Made Easy•
Banks and Recovery Agents: People we all love to hate
February 16, 2008
Credit Card Comparators
Here is an easy credit card comparator. The table enumerates all the important parameters of all the basic credit cards offered by the major banks. This table will help you compare disparate features such as interest rate on revolving credit, over-limit charges, cash withdrawal fee, and so on.You can also apply for the credit card by filling up the form on the right.Silver Credit Card Gold Credit Card
Visit the link Below to know the comparators :
http://www.apnaloan.com/credit-card-india/comparators.html
Monday, February 11, 2008
February 11, 2008
Hi Folks, Valentine Day is round the corner, a day of love and Sympathy, Humanity and gratefulness.This Day is especially meant for the couples i.e. married and unmarried couples, teenagers, College Goers, Office Goers and not to say a Boss and his Secretary.In this day they show their regards and love to each other in various forms.
I know the BAGHBAAN movie, where Bachhan Sahaab remember his beloved wife where he gets physically estranged with her.
Today the people have become showy and artificial in their dealings. Love or rather real love is not there between them. There is superflous, gigantic parties, show-offs, excessive interactions and only want a cry for sex and only sex.
In this day, people buy the products which directly relates to orgasm and erotic. The another day of Valentine people generally forgets their partners and their love goes off in the air forever.
Valentine means interacting, enjoying, drinking, hugging, smooching, dancing, partying, kissing and last but not the least going in to bed.
I remember amovie called "Dil To Pagal Hai" where Karishma Kapoor narrates that
the valentine day is very important day for the lovers and she said that only in this they forget everything and found themselves in each other. They have a true love and affection for each other. Sharukh says that in the next year in the same valentine day, you would see the same couples hugging with each other are already got seperated from each other, either they get break off or started disliking each other.
Valentine is only the attraction and attachment of the youth age and body relaions and sex and attachment.
I know the BAGHBAAN movie, where Bachhan Sahaab remember his beloved wife where he gets physically estranged with her.
Today the people have become showy and artificial in their dealings. Love or rather real love is not there between them. There is superflous, gigantic parties, show-offs, excessive interactions and only want a cry for sex and only sex.
In this day, people buy the products which directly relates to orgasm and erotic. The another day of Valentine people generally forgets their partners and their love goes off in the air forever.
Valentine means interacting, enjoying, drinking, hugging, smooching, dancing, partying, kissing and last but not the least going in to bed.
I remember amovie called "Dil To Pagal Hai" where Karishma Kapoor narrates that
the valentine day is very important day for the lovers and she said that only in this they forget everything and found themselves in each other. They have a true love and affection for each other. Sharukh says that in the next year in the same valentine day, you would see the same couples hugging with each other are already got seperated from each other, either they get break off or started disliking each other.Valentine is only the attraction and attachment of the youth age and body relaions and sex and attachment.
Sunday, February 03, 2008
February 03, 2008
Hi Folks, No one likes degeneration or any decoy, defective, dull and bad in whichever form it may be. People dislikes and hate them without any reason. It is not a matter of solution to dislike when somthing or someone is there since hierarchy. It is well go on saying that even the mud of this earthl will come to use at any time and in any solution so hence forthwith don't try to oversee anything which is under its control.
The other way round is start finding the qualities in him which is offbeat and unconventional. Today's man are always want to choose those paths which are familair and understood by others. The hidden qualities are mainly overlooked. A lion is always arrogant and proud being the king of the Jungle and he takes in to consideartion to others. A mouse who is very trival in his looks is often overlooked by others.
A lion when get caught in cages by hunters cannot rescue himself other than by mouse who cuts the strings of cages by his mouth. Everybody and everyone is important in this life according to their capacity and limitations. You cannot expect lawyer to treat a patience, One cannot expecta businesman to become expert in any service like proffessionals. Cobblers are expert in their fields, Jewel Smiths in theirs and Glaziers in their fields.
Tare Zameen Par focuses on these issues that how a Dyslexic boy has been overlooked and forbidden by his friends and family. The Actor Amir Khan forcasts his hidden qualities and made a boy to arouse his morale and breaking personality to the top norch personality.
Indeed, the film is very good and a role of a dyslexic boy played by a junior artist is indeed the backbone of the movie. Its song like Title song and Tu Dhoop He, Jam ke Bichar have become popular and included in Top ten. Its back Ground music, Lyrics, Dialogues and Ambience made the film to boost still futher.
Likewise, KOi Mil Gaya is also a Block buster in bollywood movies which also shows the Dyslexic child. This filw was a fiction but a good film and a song Kaacha Nahin kuch bhi Pakka Nahin is an awesome song to hear and dialogue of Hritik Roshan that everyone is mental is a very good dialogue.
The other way round is start finding the qualities in him which is offbeat and unconventional. Today's man are always want to choose those paths which are familair and understood by others. The hidden qualities are mainly overlooked. A lion is always arrogant and proud being the king of the Jungle and he takes in to consideartion to others. A mouse who is very trival in his looks is often overlooked by others.
A lion when get caught in cages by hunters cannot rescue himself other than by mouse who cuts the strings of cages by his mouth. Everybody and everyone is important in this life according to their capacity and limitations. You cannot expect lawyer to treat a patience, One cannot expecta businesman to become expert in any service like proffessionals. Cobblers are expert in their fields, Jewel Smiths in theirs and Glaziers in their fields.
Tare Zameen Par focuses on these issues that how a Dyslexic boy has been overlooked and forbidden by his friends and family. The Actor Amir Khan forcasts his hidden qualities and made a boy to arouse his morale and breaking personality to the top norch personality.
Indeed, the film is very good and a role of a dyslexic boy played by a junior artist is indeed the backbone of the movie. Its song like Title song and Tu Dhoop He, Jam ke Bichar have become popular and included in Top ten. Its back Ground music, Lyrics, Dialogues and Ambience made the film to boost still futher.
Likewise, KOi Mil Gaya is also a Block buster in bollywood movies which also shows the Dyslexic child. This filw was a fiction but a good film and a song Kaacha Nahin kuch bhi Pakka Nahin is an awesome song to hear and dialogue of Hritik Roshan that everyone is mental is a very good dialogue.
Saturday, February 02, 2008
February 02, 2008
Monday's Promise: Responsibility I will take complete responsibility for my health, my happiness, my success, and my life, and will not blame others for my problems.
Tuesday's Promise: Accountability I will not allow low self-esteem, self-limiting beliefs, or the negativity of others to prevent me from achieving my authentic goals and from becoming the person I am meant to be.
Wednesday's Promise: Determination I will do the things I'm afraid to do, but which I know should be done. Sometimes this will mean asking for help to do that which I cannot do by myself.
Thursday's Promise: Contribution I will earn the help I need in advance by helping other people now, and repay the help I receive by serving others later.
Friday's Promise: Resilience I will face rejection and failure with courage, awareness, and perseverance, making these experiences the platform for future acceptance and success.
Saturday's Promise: Choice I will have faith that, though I might not understand why adversity happens, by my conscious choice I can find strength, compassion, and grace through my trials.
Sunday's Promise: Faith My faith and my gratitude for all that I have been blessed with will shine through in my attitudes and in my actions
Tuesday's Promise: Accountability I will not allow low self-esteem, self-limiting beliefs, or the negativity of others to prevent me from achieving my authentic goals and from becoming the person I am meant to be.
Wednesday's Promise: Determination I will do the things I'm afraid to do, but which I know should be done. Sometimes this will mean asking for help to do that which I cannot do by myself.
Thursday's Promise: Contribution I will earn the help I need in advance by helping other people now, and repay the help I receive by serving others later.
Friday's Promise: Resilience I will face rejection and failure with courage, awareness, and perseverance, making these experiences the platform for future acceptance and success.
Saturday's Promise: Choice I will have faith that, though I might not understand why adversity happens, by my conscious choice I can find strength, compassion, and grace through my trials.
Sunday's Promise: Faith My faith and my gratitude for all that I have been blessed with will shine through in my attitudes and in my actions
February 02, 2008
Hi Folks, This is avery good story from which one can learn to conquer the challenges in your life. challanges are like efforts in your life, without which your life becomes dull and boring. To face challenge one should have a strong confidence in himself. Wothout challenge, life will get boring and routine.
The Japanese have always loved fresh fish. But the water close to Japan has not held many fish for decades. So to feed the Japanese population, fishing boats got bigger and went farther than ever. The farther the fishermen went, the longer it took to bring the fish.
If the return trip took more time, the fish were not fresh. To solve this problem, fish companies installed freezers on their boats. They would catch the fish and freeze them at sea. Freezers allowed the boats to go farther and stay longer.
However, the Japanese could taste the difference between fresh and frozen fish. And they did not like the taste of frozen fish. The frozen fish brought a lower price. So, fishing companies installed fish tanks. They would catch the fish and stuff them in the tanks, fin to fin.
After a little thrashing around, they were tired, dull, and lost their fresh-fish taste. The fishing industry faced an impending crisis! But today, they get fresh-tasting fish to Japan . How did they manage? To keep the fish tasting fresh, the Japanese fishing companies still put the fish in the tanks but with a small shark.
The fish are challenged and hence are constantly on the move. The challenge they face keeps them alive and fresh!
* Have you realized that some of us are also living in a pond but most of the time tired and dull ? Basically in our lives, sharks are new 'Challenges' to keep us active. If you are steadily conquering challenges, you are happy.Your challenges keep you Energized. Don't create success and revel in it in a state of inertia. You have the resources, skills and abilities to make a difference. Put a shark in your tank and see how far you can really go! *
The Japanese have always loved fresh fish. But the water close to Japan has not held many fish for decades. So to feed the Japanese population, fishing boats got bigger and went farther than ever. The farther the fishermen went, the longer it took to bring the fish.
If the return trip took more time, the fish were not fresh. To solve this problem, fish companies installed freezers on their boats. They would catch the fish and freeze them at sea. Freezers allowed the boats to go farther and stay longer.
However, the Japanese could taste the difference between fresh and frozen fish. And they did not like the taste of frozen fish. The frozen fish brought a lower price. So, fishing companies installed fish tanks. They would catch the fish and stuff them in the tanks, fin to fin.
After a little thrashing around, they were tired, dull, and lost their fresh-fish taste. The fishing industry faced an impending crisis! But today, they get fresh-tasting fish to Japan . How did they manage? To keep the fish tasting fresh, the Japanese fishing companies still put the fish in the tanks but with a small shark.
The fish are challenged and hence are constantly on the move. The challenge they face keeps them alive and fresh!
* Have you realized that some of us are also living in a pond but most of the time tired and dull ? Basically in our lives, sharks are new 'Challenges' to keep us active. If you are steadily conquering challenges, you are happy.Your challenges keep you Energized. Don't create success and revel in it in a state of inertia. You have the resources, skills and abilities to make a difference. Put a shark in your tank and see how far you can really go! *
Tuesday, January 29, 2008
January 29, 2008
Hi Folks! Being an etiquette and proffessional only counts upon your dress which you wear. Dress makes you a person of a selected calibre. Dress plays a very important role in displaying your image, background and social status.
Dr Thomas Lee concluded from the research that people want their doctor to look like a doctor. He maintains that people prefer a doctor who looks like he deserves their respect, may be even their reverence. If you are a physician, the study suggests you would be smart to dress conservatively.
Thourlby claims that others make atleast ten decesions about you based solely on your dress, they will decide:
1. Your economic level.
2. Your educational level.
3. Your trustworthiness.
4. Your social position.
5. Your Level of sophistication.
6. Your economic heritage.
7. Your social heritage.
8. Your attitude and understanding level.
9. Your level of success
10. Your moral character.
The Queen of England once wrote this to her son: "Dress gives one the outward sign from which people in general can and do judge upon the inward state of mind and feelings of a person; for this they can see, while the other they cannot see. On that account, clothes are of particular importance."
Like it or not, agree or not, how you dress is vitally important. As Daniel Webster wrote, " The world is governed more by appearance than by realities, so that it is fully as necessary to seem to know something as it is to know it.
Dr Thomas Lee concluded from the research that people want their doctor to look like a doctor. He maintains that people prefer a doctor who looks like he deserves their respect, may be even their reverence. If you are a physician, the study suggests you would be smart to dress conservatively.
Thourlby claims that others make atleast ten decesions about you based solely on your dress, they will decide:
1. Your economic level.
2. Your educational level.
3. Your trustworthiness.
4. Your social position.
5. Your Level of sophistication.
6. Your economic heritage.
7. Your social heritage.
8. Your attitude and understanding level.
9. Your level of success
10. Your moral character.
The Queen of England once wrote this to her son: "Dress gives one the outward sign from which people in general can and do judge upon the inward state of mind and feelings of a person; for this they can see, while the other they cannot see. On that account, clothes are of particular importance."
Like it or not, agree or not, how you dress is vitally important. As Daniel Webster wrote, " The world is governed more by appearance than by realities, so that it is fully as necessary to seem to know something as it is to know it.
Saturday, January 26, 2008
January 26, 2008
If you are young and restless and into the stock markets then this is for you.
For the Indian stock markets are caught in a whirlwind and you might need a straw to hold on to something. Some words of wisdom, some nuggets that may help you to relax, howsoever often you may have heard them before.
Waking up this morning would you have imagined the 30-stock benchmark index, the Sensex, would crash by more than 1,500 points after noon?
The US markets seemed a bit stable with the Dow Jones down by about 0.5 per cent. The Indian stocks too had been on a downslide since January 15. However, the shock and awe that the Sensex witnessed today must have made a few of the weak-hearted amongst you stop and take heed.
Weak-hearted we all are but if you also have some patience -- considering your age -- here's what you should keep in mind to weather stock market turbulences.
1 ) Start nibbling in
If you believe in India's growth story every steep fall should be seen as a buying opportunity. If you haven't yet entered the market but want to then tighten your belts. Market crash like the one today is an ideal time to buy. However, since these are very tumultuous times don't put all your eggs in one basket.
That is, if you have Rs 100 to invest then put only Rs 25 or even less during such crashes. If you have heart for some risk then put Rs 25 out of that Rs 100 today and keep the rest for later. However, do this only if you are willing to stake your money for at least five-seven years. The long-term stock market story in India still looks positive.
2. Don't panic
If you are already invested in the market and are sitting on huge losses, don't panic. The macro economic story in India led by the consumption, infrastructure and engineering sectors still have chances to remain insulated from what's happening in the US markets. This because many believe that the US recession is responsible for the current weakness across global markets.
If the US can't buy our goods, no problem. India and Indians have the purchasing capacity believe some experts, who say that the US recession will not have a huge impact on the Indian growth story.
Moreover, India's demographics, skewed heavily in favour of the young, will help India overcome external pressures in the long run. Young Indians like you are spending more on their daily needs thereby increasing the consumption demand.
So if you are a brave heart and believe that there are bound to be minor hiccups along the way this is your time. Add more and good quality stocks to your portfolio.
3. Avoid averaging
If you are a short-term trader and think that you can buy more of the same stocks to average your buying price then you may be in for a rough ride. Nobody knows for sure about which direction the markets will take in the weeks ahead.
Any bad news coming from global giants like the US, Europe and China can only have multiplier effects. If the markets were to tank further your losses are likely to increase manifold. So book your losses and get out of the market.
However, if you want to invest with a long-term perspective start nibbling in on good quality stocks.
4. Don't go by tips
If you are young and eager to make money then you are an ideal target for those who give stock tips. They will start flying thick and fast from tomorrow. Or may have started doing rounds even today for all we know. Some of your friends will ask you to buy stocks; some other will advise you to sell them.
Agreed you will find a lot many stocks at prices far lower than what they were a fortnight ago. Check for their credentials. For this is the time when gullible investors go for the bait thrown by stock market manipulators. Don't buy any stock merely because a broker or a market punter advised you to.
Similarly, there will be a host of technical advisors jostling for your attention. "This particular stock looks weak on the charts. Traders can make some profits by selling them now and buying the same at lower levels with strict stop losses." Shun the thought. For you never know when the markets will bounce back.
Bottom line: don't trade on tips. Better still don't trade at all. Go for long-term investments. For the time being forget what Lord Maynard Keynes said: "In the long-term we are all dead."
God knows what will happen in the long-term but in the current scenario if you were to act on tips then you will only be responsible for your own ruin.
5. Mutual funds are your best friends
In such times let experts manage your money if you find stock markets to be a hot potato. Put your money in mutual funds for the mutual fund manager is a market expert and is assisted by a big team of market specialists. A decision made by a team of experts will help you make far greater profits than what you will try to do on your own.
The stock market hammering of the last few days should be taken as an opportunity to buy into good diversified equity funds. For, they put their money into the markets irrespective of any sector, theme, or market cap limitation.
When the markets will bounce back they will have a far higher chance of appreciating faster than any other type of mutual funds.
6. Don't try to time the markets
As an individual you are in no way going to buy when the market falls and sell when the market rises. Believe in investing money into stocks or mutual funds' systematic investment plans, SIPs, regularly. This is the only key to avoid getting ruined in the stock markets.
The stock market crashes -- like the one witnessed today -- get evened out by long-term gains. For instance, those who had been regularly investing from the time markets crashed steeply during the May 2006 crash would not feel bothered about the crash today.
The market had crashed to some 12,000 points then from about 16,000 levels in just a month's time. Today even after the crash the market was trading at 17,000 plus levels.
Remember that age is on your side. If you are in your early, mid or late twenties then this is the right time for you to put your money in stock markets. Historically, stock market gains have outweighed gains from other asset classes over 10-year, 15-year and 20-year time horizons.
Who knows, by the time you are in your 40s or 50s, twenty years from this day, you might look back at this crash as your first stepping stone towards building wealth for yourself and your family.
This article has been taken from http://www.rediff.com/getahead/2008/jan/21crash.htm
For the Indian stock markets are caught in a whirlwind and you might need a straw to hold on to something. Some words of wisdom, some nuggets that may help you to relax, howsoever often you may have heard them before.
Waking up this morning would you have imagined the 30-stock benchmark index, the Sensex, would crash by more than 1,500 points after noon?
The US markets seemed a bit stable with the Dow Jones down by about 0.5 per cent. The Indian stocks too had been on a downslide since January 15. However, the shock and awe that the Sensex witnessed today must have made a few of the weak-hearted amongst you stop and take heed.
Weak-hearted we all are but if you also have some patience -- considering your age -- here's what you should keep in mind to weather stock market turbulences.
1 ) Start nibbling in
If you believe in India's growth story every steep fall should be seen as a buying opportunity. If you haven't yet entered the market but want to then tighten your belts. Market crash like the one today is an ideal time to buy. However, since these are very tumultuous times don't put all your eggs in one basket.
That is, if you have Rs 100 to invest then put only Rs 25 or even less during such crashes. If you have heart for some risk then put Rs 25 out of that Rs 100 today and keep the rest for later. However, do this only if you are willing to stake your money for at least five-seven years. The long-term stock market story in India still looks positive.
2. Don't panic
If you are already invested in the market and are sitting on huge losses, don't panic. The macro economic story in India led by the consumption, infrastructure and engineering sectors still have chances to remain insulated from what's happening in the US markets. This because many believe that the US recession is responsible for the current weakness across global markets.
If the US can't buy our goods, no problem. India and Indians have the purchasing capacity believe some experts, who say that the US recession will not have a huge impact on the Indian growth story.
Moreover, India's demographics, skewed heavily in favour of the young, will help India overcome external pressures in the long run. Young Indians like you are spending more on their daily needs thereby increasing the consumption demand.
So if you are a brave heart and believe that there are bound to be minor hiccups along the way this is your time. Add more and good quality stocks to your portfolio.
3. Avoid averaging
If you are a short-term trader and think that you can buy more of the same stocks to average your buying price then you may be in for a rough ride. Nobody knows for sure about which direction the markets will take in the weeks ahead.
Any bad news coming from global giants like the US, Europe and China can only have multiplier effects. If the markets were to tank further your losses are likely to increase manifold. So book your losses and get out of the market.
However, if you want to invest with a long-term perspective start nibbling in on good quality stocks.
4. Don't go by tips
If you are young and eager to make money then you are an ideal target for those who give stock tips. They will start flying thick and fast from tomorrow. Or may have started doing rounds even today for all we know. Some of your friends will ask you to buy stocks; some other will advise you to sell them.
Agreed you will find a lot many stocks at prices far lower than what they were a fortnight ago. Check for their credentials. For this is the time when gullible investors go for the bait thrown by stock market manipulators. Don't buy any stock merely because a broker or a market punter advised you to.
Similarly, there will be a host of technical advisors jostling for your attention. "This particular stock looks weak on the charts. Traders can make some profits by selling them now and buying the same at lower levels with strict stop losses." Shun the thought. For you never know when the markets will bounce back.
Bottom line: don't trade on tips. Better still don't trade at all. Go for long-term investments. For the time being forget what Lord Maynard Keynes said: "In the long-term we are all dead."
God knows what will happen in the long-term but in the current scenario if you were to act on tips then you will only be responsible for your own ruin.
5. Mutual funds are your best friends
In such times let experts manage your money if you find stock markets to be a hot potato. Put your money in mutual funds for the mutual fund manager is a market expert and is assisted by a big team of market specialists. A decision made by a team of experts will help you make far greater profits than what you will try to do on your own.
The stock market hammering of the last few days should be taken as an opportunity to buy into good diversified equity funds. For, they put their money into the markets irrespective of any sector, theme, or market cap limitation.
When the markets will bounce back they will have a far higher chance of appreciating faster than any other type of mutual funds.
6. Don't try to time the markets
As an individual you are in no way going to buy when the market falls and sell when the market rises. Believe in investing money into stocks or mutual funds' systematic investment plans, SIPs, regularly. This is the only key to avoid getting ruined in the stock markets.
The stock market crashes -- like the one witnessed today -- get evened out by long-term gains. For instance, those who had been regularly investing from the time markets crashed steeply during the May 2006 crash would not feel bothered about the crash today.
The market had crashed to some 12,000 points then from about 16,000 levels in just a month's time. Today even after the crash the market was trading at 17,000 plus levels.
Remember that age is on your side. If you are in your early, mid or late twenties then this is the right time for you to put your money in stock markets. Historically, stock market gains have outweighed gains from other asset classes over 10-year, 15-year and 20-year time horizons.
Who knows, by the time you are in your 40s or 50s, twenty years from this day, you might look back at this crash as your first stepping stone towards building wealth for yourself and your family.
This article has been taken from http://www.rediff.com/getahead/2008/jan/21crash.htm
Friday, January 18, 2008
January 18, 2008
Hi Folks,
Life gets bored and dull,when there is no newness in one's life. Newness has to be created in our life i.e. in our daily activities. We have to change our routine so as to get freshness from newness.
In corporate offices also, change the pattern of your work, delegate the work to your sub bordinates, spend some more informal time with your subbordinates , staff and collegues. Be positive, happy, sweet and always smile in your efforts.
I can give the best examole of my friend who always cry for his office going on Mondays. hen Monday comes he gets bored and always complain that how he will spend hie entire week. I told him to start with putting new clothes, attires, perfumes esp on Mondays than to Saturdays.
After my advice he started doing the same . After some time his personality got changed and he always welcome Mondays with his open arms.
Try to take break from your routine chores, spend some time with your family, Do some unconventional activity like errands, picnics, outing, dinner in hotel, freakout, shopping or rather some hobbies of yours.
In my spare time when I get bored, I send an SMS to my friends, relatives, acquaintances. In return, I also get SMS from them at any time.
I can narrate of my own situtation , I was very sad, confused and was sitting at one corner of the room. Sudently, I got a SMS from one of my friend . That SMS was so good that it has changed my mood. I laughed with that SMS and regain my original mood and status.
Life gets bored and dull,when there is no newness in one's life. Newness has to be created in our life i.e. in our daily activities. We have to change our routine so as to get freshness from newness.
In corporate offices also, change the pattern of your work, delegate the work to your sub bordinates, spend some more informal time with your subbordinates , staff and collegues. Be positive, happy, sweet and always smile in your efforts.
I can give the best examole of my friend who always cry for his office going on Mondays. hen Monday comes he gets bored and always complain that how he will spend hie entire week. I told him to start with putting new clothes, attires, perfumes esp on Mondays than to Saturdays.
After my advice he started doing the same . After some time his personality got changed and he always welcome Mondays with his open arms.
Try to take break from your routine chores, spend some time with your family, Do some unconventional activity like errands, picnics, outing, dinner in hotel, freakout, shopping or rather some hobbies of yours.
In my spare time when I get bored, I send an SMS to my friends, relatives, acquaintances. In return, I also get SMS from them at any time.
I can narrate of my own situtation , I was very sad, confused and was sitting at one corner of the room. Sudently, I got a SMS from one of my friend . That SMS was so good that it has changed my mood. I laughed with that SMS and regain my original mood and status.
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