Forget Bull Forget Bear
The Target of Stock Market is here.
Attend a Free Seminar on 28 Sept 2008 (Sunday).
Venue : RMJ Institute of Capital Market
Time :11 a.m. onwards
Phone: 9971015431, 9910284044, 42508061/64
Thursday, September 25, 2008
Tuesday, September 16, 2008
FOMC meeting today i.e. 16th Sept., 2008
The Federal Open Market Committee is expected to raise Fed funds rate a quarter-percent to 2.5% in the two-day meeting starting today. Most analysts anticipate sixth straight increase in a row as the US monetary policy makers have been following their “accommodative” ‘measured” policy of rate increases since June 2004.
The FOMC will add new members to its voting panel this time including Michael Moskow of Chicago, Gary Stern of Minneapolis and Anthony Santomero of P The U.S. economy is expected to show expansion at a 4.4% annual rate in 2004, and an addition of 2.2 million jobs, in line with the government’s estimate of fourth-quarter growth issued Jan. 28.
How to invest in Stock Market?
1. You will never succeed in Share Markets if your investment decisions are based on tips from Brokers and friends. You should study the markets, analyze the trends, take calculated risks and then invest in stocks.
2. Learn lessons from failures. Even great investors like Warren Buffett suffered losses in his early days.
3. Identify your risk profile basing on your age, economical status, risk bearing capacity and future needs.
4. Never put all your money in single investment portfolio. Diversify them.
5. There are no shortcuts to earn money in share markets. You should work hard to make money in stocks as in other fields.
6. Never follow herd mentality. Buy valuable stocks when panic investors are selling them. Sell over valued shares when all are buying them. Never afraid to buy a fundamentally strong but undervalued stock. This is the key to the success of Warren Buffett. This is called Value investing.
7. Large caps are secure while midcaps give high returns. Identify the future sector and find the best stock in that sector. Accumulate those stocks. Power and Shipping are the future growth sectors in India.
8. Never invest in Z category stocks or rupee stocks just for the sake of high returns.
9. Never invest without stop loss and target. Never change them without any specific reason.
10. Read at least 2 business news papers and investment magazines.
Take care, happy investing!
1. You will never succeed in Share Markets if your investment decisions are based on tips from Brokers and friends. You should study the markets, analyze the trends, take calculated risks and then invest in stocks.
2. Learn lessons from failures. Even great investors like Warren Buffett suffered losses in his early days.
3. Identify your risk profile basing on your age, economical status, risk bearing capacity and future needs.
4. Never put all your money in single investment portfolio. Diversify them.
5. There are no shortcuts to earn money in share markets. You should work hard to make money in stocks as in other fields.
6. Never follow herd mentality. Buy valuable stocks when panic investors are selling them. Sell over valued shares when all are buying them. Never afraid to buy a fundamentally strong but undervalued stock. This is the key to the success of Warren Buffett. This is called Value investing.
7. Large caps are secure while midcaps give high returns. Identify the future sector and find the best stock in that sector. Accumulate those stocks. Power and Shipping are the future growth sectors in India.
8. Never invest in Z category stocks or rupee stocks just for the sake of high returns.
9. Never invest without stop loss and target. Never change them without any specific reason.
10. Read at least 2 business news papers and investment magazines.
Take care, happy investing!
Sunday, September 14, 2008
Friday, September 12, 2008
Inflation dips to 12.1%
Inflation has moderated to 12.1% for the week ending August 30 compared to 12.34% reported a week earlier and 12.63% for the week ending August 9, 2008. Inflation rate of 30 essential commodities, increased to 7.52% in the week ending August 30, 2008, from 6.90% reported in the earlier week. There was an increase in the prices of sugar, salt, wheat, arhar, urad, jowar and bajra.
Thursday, September 11, 2008
Dollar hits Rs 45, set to hurt inflation
Just when it appeared that the economy is moving up, the rupee breached the Rs 45-level mark against the US-dollar on Wednesday for the first time since November, 2006.
A weaker currency means lesser purchasing power, which in turn makes goods and services costlier. Result: an already-high inflation may rise further.
The impact would be felt more on products like consumer durables, as they contain several imported components. The raw material cost would go up.
A weaker currency means lesser purchasing power, which in turn makes goods and services costlier. Result: an already-high inflation may rise further.
The impact would be felt more on products like consumer durables, as they contain several imported components. The raw material cost would go up.
Tuesday, September 9, 2008
RBI relaxes overseas payment norm, raises cap to $500,000
Liberalizing the norms for payment to overseas companies, the Reserve Bank of India (RBI) on Monday raised the limit for advance remittance for import of services from $100,000 to $500,000 without bank guarantee. “It has been decided to raise the limit of $100,000 for advance remittance for all admissible current account transactions for import of services without bank guarantee to $5,00,000,” RBI said.
Liberalizing the norms for payment to overseas companies, the Reserve Bank of India (RBI) on Monday raised the limit for advance remittance for import of services from $100,000 to $500,000 without bank guarantee. “It has been decided to raise the limit of $100,000 for advance remittance for all admissible current account transactions for import of services without bank guarantee to $5,00,000,” RBI said.
Ketan Parekh gets bail in Canfina case
The Supreme Court on Monday granted bail to stock broker Ketan Parekh and others in the Canfina Mutual Fund scam case. Parekh was held guilty in the case related to the 1992 stock scam, in which Canbank Financial Services was duped of over Rs 47 crore. On April 1, a special court in Mumbai had sentenced Parekh, Hiten Dalal and four others to one year in jail for siphoning off funds from Canbank Financial Services Ltd, a unit of Canara Bank.
Monday, September 8, 2008
Documents required for opening a Demat Account
v Identification Proof
v Residential Proof
v Copy of Pan card
v Bank Details
v Residential Proof
v Copy of Pan card
v Bank Details
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