Wish you a happy New Year. Let colourful flowers bloom in your life throughout this new year. Let your dreams become flowered in the New year.
Monday, 31 December 2012
Sunday, 30 December 2012
Investment Objective:- Emerging Businesses Fund would be to participate within the growth potential given by varying corporations that are thought-about emerging and have an export orientation or outsourcing opportunities or are globally competitive. The fund may additionally measure rising businesses with growth potential and domestic focus.
The SBI Magnum Emerging Businesses is anOpen-Ended Mutual Fund. The investment plan of the mutual fund is growth plan. The Launch date was in 17th September, 2004. The Mutual fund is benchmarked in BSE-500 with an asset size is Rs. 733.80 Crore. Minimum required investment is Rs. 2000. Fund Manager is Mr. R. Srinivasan. There is no entry load for the Scheme, but there is an exit load of 1%, if the mutual fund is redeemed or switched out within one year of allotment of the fund.
Asset Allocation : The pooled money of investors invested in around 90% in equity related assets and another 10% in cash and other financial instruments.
As per the past performance this mutual fund can be considered in your invest portfolio for the year 2013, even if the statutory warning of mutual fund is that the past performance may or may not be happening in the future.
SBI Tax Advantage Fund
How to invest in mutual fund wisely
Be Careful before invest in mutual funds
Thursday, 27 December 2012
Life Insurance spouse rider. Spouse rider helps to insure the life of the spouse of the person insured with a nominal additional amount. The benefit is that with one insurance policy you can insure the life of a couple. No need to fill out another policy document. The insured can deposit premium in one go. Low premium than taking two policies.
Accidental Death rider. Accidental death rider gives an additional sum insured, if the insured person died due to an accident. This rider normally provides double the insurance amount while the death occurred by an accident. But read the definition of accident in any particular policy before joining the rider.
Premium Waiver rider. Premium wavier rider allows to waive premium, if the insured becomes disabled due to any accident, illness or loss of income. This may be permanent or temporary. If the disability or loss of income is only for a temporary period the premium will be waived only for the period. If it is permanently the premium will be waived forever till the end of the insurance term. This is more effective for child insurance policy. If the death or permanent disability of parent or guardian those who pays premium may be happening, the premium will be waived for the entire tenure of the insurance. Read the terms and conditions of the policy before joining this premium waiver rider.
Guaranteed Insurability rider, family income benefit rider, accelerated death benefit rider, child term rider, long term care rider, return of premium rider etc., are other important life insurance riders when you consider a life insurance policy. The terms and conditions of each rider may vary from insurance company to insurance company and insurance policy to insurance policy. So consider adding riders with your life insurance policies after verifying each rider carefully.
Life insurance plans for individuals
How to find a suitable life insurance policy?
Online term life insurance is cheapest insurance
Thursday, 20 December 2012
Almost all Forex trading brokers allow you to join with them in a demo account. With this demo account one can practice trading Forex just like a real currency trading. These firms provide you free virtual
[caption id="" align="alignright" width="242"] How to Forex[/caption]
money and can trade with those monies just like real trading on the real platform. You can buy or sell currency pairs and can use all tools and analysis of the website. You can continue this trade till you get enough experience in Forex transactions. When you start to earn more virtual money and attain a good skill you can switch over to real Forex trade by investing real money. With your demo account, study seriously and think that it is your real money and act accordingly.
After getting enough experience in the demo account shift your trade in to real trading account by investing real money. First you can invest the least minimum required amount and it varies from trading firm to trade firm. This preliminary real currency trading account can call as standard Forex account or mini trading account. You can invest from the at least amount of $10 to $1000 as per your financial ability and also as per the terms of your Forex broker. You can practice here with real money and when you feel that you are experienced enough, you can invest more money and can trade with it. No doubt you can earn a good profit from forex trading or a pretty loss. Trade wisely by using all available Helpline and try to earn maximum from the currency trade.
The next step of the currency trading account is managed Forex Trading Account. If you have enough money and do not have time to invest in, you can shift your trading to the experienced professional hands, which is known as managed Forex trading account. Here a third party, a professional will handle your money and Forex trading with his expertise and you can earn almost definite profit. You can open many such accounts if you have enough money to deposit. Here you can choose an account manager to do foreign exchange trading for you or you can opt for robot trading. Anyway you have to pay a good amount for this managed Forex trading. And you can give them the necessary orders from your expertise. But you must have a control and should do periodic verification of the trading, because it is your money which is trading with.
Once you have decided to share your investment portfolio with Forex trading, you can go through these steps and can earn profit from the Forex market. But remember that the Forex market is a risky one and you should invest only a part of your total investment in this upcoming investment trend.
How to invest in the Forex Market?
Advantages of Forex Trading
Choose the right Forex Robot
Tuesday, 18 December 2012
. First of all you must know the basics of stock trading. If you are experienced in stock trading you can trade stocks online yourself. Because those who know how to trade stocks and earn profit, just learn how to operate the online trading system and it is enough.
Beginners must try for long term stock investment. Just invest in the shares of good and strong companies with strong economic power and strong popularity and hold it for a long time and sell when the stocks are on high value. This strategy earns you a good profit out of your investment. So your investment and your financial goals should be for a long term and this strategy is suitable for it.
For day trading you must be an experienced person to make profit from the stock. Just buy and sell shares as other traders do. But if you could not identify the right share, no doubt you will be a loser forever. All your hard earned money will be gone within no time.
Now you can join with any stock broking firm for online trading. You must submit all required documents and bank details. You can buy stocks with a few mouse clicks. You can analyse stock online with these investment platforms. After a few hours self training you can understand the operation. But the real trade is not easy , if you are a beginner. You must learn it with winning and losing experience. If you spend some time regularly you can learn the trick easily. Most stock broking firms offer stock analyse and related lessons. You can learn from this information. As per your commitment you can also be a good stock trader and can perform online stock trading.
One of the important benefit of online stock trading is that one can perform this trading activity in the privacy of their home or any convenient place with a computer and internet facility. Just login to the website and do trading operation while the stock market is open. Even if the trader is engaged in any other activities also, he can spend a few minutes to do the required operation to perform online stock trading.
The other advantage of online stock trading is easy documentation. The documentation is done automatically and should not even type the details. Everything is done for you by the system itself. So it is easy, automatic and accurate. Never be worried about the documentation.
Electronic transfer of money when buy or sell. This is another convenience while you make stock trading online. Whenever you buy or sell stock through online platform the transaction will be done automatically and all your money will be transferred correctly.
But the important convenience I felt that when we make stock trading over the phone through the stock broking firm, we must wait for our turn and at that time the price may go down or gone up. But for online trading we must not wait for anybody else, we can do the transaction whenever we want to do so. We can set our priorities very early the transaction will be done automatically when the preset norms are occurred.
While you are logged into the stock trading website all related details and analysis will be handy to make your decision more accurate and in time. You can easily evaluate your portfolio and can decide whether you should sell a share or hold it. Whether you must buy one or avoid it. For an experienced stock trader all these facilities are convenient and for a beginner these are good guidelines to his way to success through stock trading.
Different Kinds of Stocks or Shares
Invest in Safe Stocks to Earn More
How to Analyse the Financial Health of a Company
Saturday, 15 December 2012
The investment objective of the SBI Tax Advantage Fund Series II is to generate capital appreciation over a period of ten years by investing predominantly in equities & equity-related instruments of companies across large, mid and small market capitalization, along with income tax benefit.
The New Fund is in both Dividend option and growth option. Under
dividend option there is no dividend reinvestment option. The investor can choose only dividend payout option or growth option.
After 3 year lock in period you may redeem the SBI Tax Advantage Fund Series II. There is no switch in option after the NFO period. Only on the NFO period Switch in is available. But after the lock in period of 3 years the investor can switch out from the scheme.
Tax benefit: - As an ELSS fund the investor can avail income tax exemption under section 80 C of the income tax act.
Asset allocation: - 80 % to 100% accumulated money will be invested in medium to high risk equities and equity related investments. Only 0% to 20% investments will be made in low and medium risk debt and money market securities.
Minimum investment: The minimum investment amount is Rs. 500 and in multiples of Rs. 500 their off.
Exit load and Entry Load: There is no exit load or entry load the NFO
SBI Tax Advantage Fund Series II. SIP option is also not available for the scheme.
The mutual fund is suitable for the investors those who are looking for long term investment over 3 years or more and also wish to invest in securities with growth option.
How to invest in Mutual Funds Wisely?
Be careful before invest in mutual funds
Why you should invest in mutual funds?
Wednesday, 12 December 2012
At present the Provident Fund contribution is on the basis of basic salary which includes basic and D.A (Dearness Allowance). But with the effect of this decision the contribution will be on the basis of Basic salary and all allowances, which is known as gross salary. So the Employer contribution will be more than earlier.
Some employers breaking the salary of employees into different allowances and it reduces their contributory provident fund liability. But now what ever may be the components of salary, the whole lot (gross salary) will be considered for PF contribution. EPFO decided to stop the trend of breaking salary into many parts to reduce the PF contribution.
Even if employees will get more savings, their take home salary will be less, because of more deduction as PF contribution. But this is not considered as a major problem while they get double benefit from their own savings and also from the part of the employer.
Monthly provident fund statement to all PF subscribers
Transfer your PF account
TDS from PF withdrawal
Sunday, 9 December 2012
For solving this problem ICICI Bank came with a flexible recurring deposit scheme named “iWish” for its savings bank account holders. This is the first time in India in its kind.
With this deposit iWish recurring Deposit scheme you can deposit different amounts of money at any time you wish to do so (In normal recurring deposit you deposit a fixed amount of money in fixed regular instalments). No penalty will be charged, if you could not deposit one or more installments.
The minimum time period of this flexible recurring deposit is 6 months and the minimum of Rs. 500 is required to open ICICI Bank iWish account.
The interest rates vary from 6.5% to 8.5% as per the terms of the recurring deposit.
You can create several financial goals and can track the progress of all goals through online.
Any Savings Bank Account holder of ICICI Bank those who have online accounting facility can open iWish account through his net banking account.
The interesting facility they offer is, the customer can share his or her goals through Facebook and their friends or relatives also can contribute to this recurring account from their bank account.
This is the first time in India and ICICI bank developed this iWish recurring deposit with the help of Social Money (United States).
We hope that the new Recurring Deposit Scheme is interesting and able to satisfy the financial needs of common man.
Post office Monthly Deposit Scheme
Low risk steady income investment plans
Government of India Small Saving Plans
Thursday, 6 December 2012
Online stock investments
When we think about online investment, Invest in stock through online is the former one we can think about. There are a lot of online stock trading brokers' websites which offer online stock trading. These online trading is easy for all transactions and documentations including demat facilities. Now a majority of such online stock trading is handled by automated programs. But for beginners it is not easy to trade with stock and earn profit. You should study the stock and the company before investing in it. Buy stocks of strong powerful companies and hold for a long period of time is secure your investments whether it is done online or through a broker firm.
Online mutual funds.
Now mutual funds also can be purchased and redeemed online and it is safer than online stock trading. You can invest through your demat account or through the website of the particular fund house. Normally online stock broking firms take a small one time charge for doing this transaction. Just find a few good mutual funds and invest in them through one time investment or SIP (Systematic Investment Plan) can earn a good profit after a certain period of time. Mutual funds invest the pooled money of investors in shares and securities and the chances of loss is there also. You must have heard the statutory warning of mutual funds that the past performance may or may not repeat. Risk involvement is also there in mutual funds. But the low risk involved than stock trading, because the mutual fund is handled by expert fund managers.
Online Forex trading.
Online Forex trading or foreign exchange trading is also a good method of investing online. One must have experience in Forex trading to get a good profit out of them. Unlike stock exchanges Forex trading is round the clock in all 5 days of a week. So you can trade it at a convenient time. But the risk factor is there also. One cannot predict the changes in value of one currency with another. Only an experienced trader can make profit with Forex. But most of the Forex trading websites allow you to learn Forex trading with virtual money which is offered by them and after getting enough experience one you change over to real money trade.
Online commodity trading.
This is another method of investment with a business nature through online. They take benefit from the changing value of commodities. You must take much care in commodity trading to get a good profit. The chances of Loss is also there.
Other online investments.
Some websites offer online investment. One can invest any amount and they offer regular interest income or growth of your investment. But the reliability of those websites must be double checked before investing in those websites. Some fake websites also offer this type of investment opportunities. In my opinion you never go for such investments, because nobody can confirm whether it is good or bad. Such quick rich program may lose all your hard earned money.
Online investments are easy and can make all documents electronically. Electronic redemption also there and the investor must not take much effort in investing and redemption or sale. It is convenient for a busy man. The only thing is that he should give much care for this investment and check them regularly after fixed intervals.
How to Invest Mutual Fund Wisely?
How to Invest in Gold through SIP?
How to Invest in Forex Market?
Monday, 3 December 2012
- Eastern Coalfields Limited invites applications for 874 various posts. Last date : 25.12.2012
- Agricultural Scientist Recruitment Board, New Delhi notifies Agricultural Research Service Examination-2012 Vacancies : 431, Last date : 18.12.2012
- Ordnance Factory, Varangaon requires 371 Tradesmen (Semi- Skilled) Last date for submission of online application will be 21 days.
- Council of Scientific and Industrial Research, New Delhi notifies combined Administrative Examination-2013 for recruitment to the 100 (Approx) posts of Assistant Grade-I. Last date : 31.12.2012
- Brahmaputra Cracker and Polymer Limited requires 93 Foreman, Junior Superintendent, Operator and Technician etc. Last date : 17.12.2012
- ESI Post Graduate Institute of Medical Sciences and Research and ESIC Hospital and Occupational Disease Centre (EZ), Kolkata, requires about 87 Staff Nurse, Pharmacist, Nursing Orderly, Dresser etc. Last date : 7.12.2012
Read the current version of employment news for more reated information.
Job highlights of Employment News 24 Nov -30 Nov 2012
Job highlights of Employment News 13 Oct -19 Oct 2012
Job highlights of Employment News 06 Oct -12 Oct 2012
Saturday, 1 December 2012
The increased price of food materials such as Rice, Wheat, Atta, Milk, Tea, Snack, Onion, Cooking Gas, Electricity Charges, Firewood,
Medicine etc., contribute a major part in increasing the AICPIN - IW. At the same time decreased price value of edible oils such as groundnut oil, Coconut Oil, Vanaspati, Palm Oil etc., helps to hold the
Index Number in a certain level.
The highest increase of 6 points recorded in Monger Jamalpur and Siliguri centers and in 6 centres the index shows one point decrease. Price Index Numbers of 16 centers maintain stability.
AICPIN-IW is considered as the base for determining the Dearness Allowance of Central Government Employees. A high index number shows the high cost of living and the Dearness allowance also will be more due to the increase of Price Index.
AICPIN-IW for September-2012
AICPIN-IW for August-2012
AICPIN-IW for July-2012