ELSS is a part of your 80C investment. Make an asset allocation according to your age and risk appetite. Younger person can invest more in equity. A minimum of say 25 to 30% of your 80C - should go towards ELSS - whatever be your age. PPF can play a major part for older persons. Insurance should be the least contributor towards 80C . Always invest only via SIP. Go for value research rated funds. At present Sundaram Tax saver & DWS Tax saving fund are good options. Stick to your asset allocation. Please do not change your asset allocation according to the sensex levels. Also rebalance your portfolio every year accordingly. ...

Learn Chinese in 5 minutes (You MUST read them aloud) English - Chinese

That`s not right Sum Ting Wong

Are you harbouring a fugitive? Hu Yu Hai Ding

See me ASAP Kum Hia Nao

Stupid Man Dum Fuk

Small Horse Tai Ni Po Ni
Did you go to the beach? Wai Yu So Tan

I bumped into a coffee table! Ai Bang Mai Fu Kin Ni

I think you need a face lift! Chin Tu Fat
It`s very dark in here! Wai So Dim

I thought you were on a diet! Wai Yu Mun Ching

This is a tow away zone! No Pah King
Our meeting is scheduled for next week! Wai Yu Kum Nao
Staying out of sight Lei Ying Lo

He`s cleaning his automobile Wa Shing Ka

Your body odour is offensive Yu Stin Ki Pu

Great






If you read this fast.......Chinese sounds so much like English!!!...

Ever watched any saas bahu sagas on television? How many blunders the protagonists in these serials make! And for their howlers, they are beaten up, jailed and even murdered (only to miraculously become alive again!).


But, alas, life is not an Ekta Kapoor soap where you can make umpteen blunders and get away with it.


For your investments, you might have to pay a heavy price for even small mistakes that you do. Here are the seven most common blunders that investors make.


1. Believing that trading is the same as investing


When you buy and sell stocks and mutual funds at the drop of a hat (read–without any research or planning), you are essentially ‘trading’. This will not help you to build long-term wealth. Yes, this is a fantastic way to make money, but for your broker, not you!


2. Being too conservative with your money


‘Real returns’ is the keyword here. These are returns post inflation. Putting away money in safe options such as bank deposits, Public Provident Fund (PPF) and so on might give you a negative real return. This is true especially in times of high inflation, such as now.


3. Being too aggressive with your money


This is just another way to lose money. Pumping money into high risk avenues, such as equities, without understanding can prove dangerous. A Warren Buffet saying sums it all up –to finish first, you have to first finish.


4. Keeping the ‘duds’


I know of a person who had invested in unheard companies such as Patheja Forging, Shaan Interval and Silverline. He refused to sell on the belief that he would earn good returns over the long term. Now, all the promoters of these companies are absconding.


It is important to invest in good quality stocks, choose a good fund manager, invest small amounts at regular intervals through Systematic Investment Plans (SIPs) and hold for a long term. That will make money for you.


5. Incorrect asset allocation


Too much of debt for the long term or too much of equity for the next quarter, is a sure fire way to leave you with little returns. It is wise to build a portfolio based on your risk capacity and financial goals.


6. Timing the market


Even experts cannot time the markets, leave alone investors. No one knows where the markets are headed in the short to medium term. Hence, it is foolhardy to time the markets. Instead, a disciplined investing, irrespective of market levels, pays off in the long run.


7. Overconfidence


If you hit a couple of ‘home runs’ (as the Americans say), you start to believe that you will continue to hit home runs regularly. This is true for most of us—we attribute our recent success as our creation and therefore we think we can repeat it. This overconfidence can lead to a big portfolio disaster. (Calculate: What should your ideal asset allocation be?)


So, the next time you see the vamp taking over the good guy in the serial, think of your investments and promise yourself not to fall prey to these mistakes.


Happy investing!

COURTESY : P.V.SUBRAMANIAM - MONEY CONTROL...

If you are investing directly at AMC or CAMS - take your original PAN card with you and sign on the xerox copy. They will attest it after comparing with the original and return it to you. If you are investing through a broker - he will attest the xerox copy.

Regarding SIP 60 instalments -
When you are investing in any fund - the minimum amount is Rs 5000 initially if it is lumpsum. If it is SIP for 1 year - it is Rs 500 x 12 = Rs 6000. For some funds the minimum SIP is Rs 1000 for 6 months. For Reliance it is Rs 100 per month for SIP for 60 months or 5 years. ...

Equity is for the long term. Ideally it should be for atleast 3 - 5 years. Longer , the safer it is. One should always invest via SIP only. You can go to valueresearchonline dot com Have a look at the top rated funds. ( 5* or 4* ) Invest only in them . Remember to invest atleast 60-70% in large cap oriented funds. Unless we know the amount you want to invest every month it is difficult to suggest. Anyway, it is good to start with funds like - 1) HDFC Top 200 2) Sundaram BNP Paribas Select Focus 3) DSPML TOP 100. If you buy directly from the fund house or registrar CAMS - there is no entry load. Otherwise, a distributor will help you to do it. You can even download the form from the AMC website and submit it at CAMS or the AMC office. Please avoid sector funds and NFOs. ...

Children in the front seat of a can cause accidents. Accidents in the back of a car can cause children.

If you believe that the quickest way to a man's heart is the stomach , know that you are aiming a little high !

Never drink while driving. You could spill the beer !

Some bosses are like clouds : the moment they disappear, the day suddenly gets brighter.

To err is human . To blame someone else for your problem , is strategic.

Men wouldn't lie as much to the women in their life, if the women in their life didn't ask so many questions !

Women marry because they believe that he will change one day. Men marry because they believe that she will never change. Both are mistaken !

To itch is human. To scratch DIVINE !

Everybody has to get married sometime.
Afterall, Happiness is not the only thing in your life.

Your future depends upon your dreams. Don't waste any time, go to bed NOW !...

If you want a cover of say Rs 50 lakhs - split it up into 4 or 5 policies with different term say , 25 yrs, 20 yrs 15 yrs (2 policies)
Spread the policies with 2 or 3 insurance companies. Compare the rates and go for the cheapest ones. ...

u know what. earlier people used to come to this section for advice on which fund to go for? but now people are saying..i want to stop my sip...i want to open a rd account with bank...we have seen that mf are buying exactly the same quantity fii are selling on daily basis. in fact the annual figure since 1 jan 08 is also close...whatever amount fii have sold has been absorbed by mf. which means mf will be able to show us the gains once this panic is over...mf are shielding us otherwise these foreigners would have pulled the market to 8000 or 9000 on sensex already but we are still sitting at 12000 around...we must strengthen mf hands rather running away...if we educated people also start running away from mf. it will indirectly help fii...mf money is india's money...our small investor money...so i suggest to hold the things rather start running......

ranjan sir, u r most respected person in this section of mf help and ideas. to be honest, i am hurt by reading ur current posting. u have always recommended to be disciplined with investments in diff times like the one we are going thru. i expected some moral boosting advice. by writing this, u r allowing some people to spread -ve sentiments as 1 of id did try on reply to your posting. bad bad on your part...

Beware of sips in beer market. The hangover could be deadly. j/k...

Dear Mr.Ranjan, Thanks for your frankness. I am not impressed with the performance of many MFs. I have seen them invested in many hopeless stocks. I do not suggest anyone to invest in equities without proper knowledge and MFs also not at all a safe investment option. It is equally painful to select a good MF like selecting a good stock to invest....

Dear Ranjan, Actually what Banks are doing? Take money from A,B,C (public) and lend to XYZ(public) and in the process loot both of the categories to the maximim possible. They are playing with Public money. They give least of interest to ABC and colelct maximum interest from XYZ. They are only acting as a mediator and nothing else. Their involvement in a stock market is just like a broker. Even if the market falls or gains, they will grab their share of profit on all scenarios. Their experts dont have any responsibility since it is Public money. Why cant the MFs concentrate in selected stocks (say for example index stocks) and make the investment safer, rather than going after all most all the scrips in the markets and loosing. I think they can influence the price movement of such scrips to the advantage of their customers. If there are some strict investment policies for MFs to concentrate on select categories of limited no of stocks stocks, even the market will remain stable. But they will not do that because they may have mutual arrangements with promoters of certain cos. Recently in SEL mfg an HNI while withdrawing his stake could make the stock price fall from 700 to 150. MFs has much more potential than HNI and if they concentrate on select stocks, then the investors will not loose like this when the market falls. Afterall what is the idea behind MFs ? Keep the investors money safer by group investment plans. Is this really happening? MFs are in the same kind of losses like the individual investors. I am not telling the MFs to put all eggs in one basket, but at the same time they dont have to run after all the stocks in the market. ...

There was a learned person in a village He had many disciples in and around that place HE THOUGHT THEM ALL THE FACTS OF LIFE AND ALSO SPIRITUAL SCIENCE HE WAS NEARING HIS LAST DAYS AND ONE DAY LORD YAMA'S MESSENGER CAME TO HIS HOUSE TO TAKE HIM AWAY The disciples pleaded with the messenger to spare the man The messenger agreed provided the disciples lend the man 20 years from their life's span.One of disciple agreed to give 5 years of his while another 2 years and a third one month In short the disciples were reluctant to part with their life (possession) even though they loved & respected the man The learned person then remarked as long as one thought everything as his ,he would hesitate to partwith anything and when he had to part with this body he would have nothing to give.AS long as we have attachments in earthly objects and sensual attractions we cannot attain enlightment....

right. even i had tried to invest in dws online last year. it was not possible. how about now ? regards shakti...