You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.
We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
Wide diversification is only required when investors do not understand what they are doing.
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Never invest in a business you cannot understand.
Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.
Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
(When speaking of managers and executive compensation) The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
Risk can be greatly reduced by concentrating on only a few holdings.
Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Buy companies with strong histories of profitability and with a dominant business franchise.
Be fearful when others are greedy and greedy only when others are fearful.
It is optimism that is the enemy of the rational buyer.
As far as you are concerned, the stock market does not exist. Ignore it.
The ability to say "no" is a tremendous advantage for an investor.
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
Lethargy, bordering on sloth should remain the cornerstone of an investment style.
An investor should act as though he had a lifetime decision card with just twenty punches on it.
Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns of the company they own.
As a group, lemmings have a rotten image, but no individual lemming has ever received bad press.
An investor needs to do very few things right as long as he or she avoids big mistakes.
"Turn-arounds" seldom turn.
Is management rational?
Is management candid with the shareholders?
Does management resist the institutional imperative?
Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Focus on return on equity, not earnings per share.
Calculate "owner earnings" to get a true reflection of value.
Look for companies with high profit margins.
Growth and value investing are joined at the hip.
The advice "you never go broke taking a profit" is foolish.
It is more important to say "no" to an opportunity, than to say "yes".
Always invest for the long term.
Does the business have favourable long term prospects?
It is not necessary to do extraordinary things to get extraordinary results.
Remember that the stock market is manic-depressive.
Buy a business, don't rent stocks.
Does the business have a consistent operating history?
An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
Quotes of Warren Buffett 1
A public-opinion poll is no substitute for thought.
Warren Buffett
Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
I always knew I was going to be rich. I don't think I ever doubted it for a minute.
Warren Buffett
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Warren Buffett
I buy expensive suits. They just look cheap on me.
Warren Buffett
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett
If a business does well, the stock eventually follows.
Warren Buffett
If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett
Let blockheads read what blockheads wrote.
Warren Buffett
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Warren Buffett
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
Warren Buffett
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett
Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett
Our favorite holding period is forever.
Warren Buffett
Our favourite holding period is forever.
Warren Buffett
Price is what you pay. Value is what you get.
Warren Buffett
Risk comes from not knowing what you're doing.
Warren Buffett
Risk is a part of God's game, alike for men and nations.
Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren Buffett
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Warren Buffett
The first rule is not to lose. The second rule is not to forget the first rule.
Warren Buffett
The investor of today does not profit from yesterday's growth.
Warren Buffett
The only time to buy these is on a day with no "y" in it.
Warren Buffett
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.
Warren Buffett
There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett
Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett
Value is what you get.
Warren Buffett
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett
We enjoy the process far more than the proceeds.
Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett
When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
Warren Buffett
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
Warren Buffett
You only have to do a very few things right in your life so long as you don't do too many things wrong.
Warren Buffett
Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett
Warren Buffett
Chains of habit are too light to be felt until they are too heavy to be broken.
Warren Buffett
I always knew I was going to be rich. I don't think I ever doubted it for a minute.
Warren Buffett
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Warren Buffett
I buy expensive suits. They just look cheap on me.
Warren Buffett
I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
Warren Buffett
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren Buffett
If a business does well, the stock eventually follows.
Warren Buffett
If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Warren Buffett
It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.
Warren Buffett
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett
Let blockheads read what blockheads wrote.
Warren Buffett
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Warren Buffett
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
Warren Buffett
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett
Only when the tide goes out do you discover who's been swimming naked.
Warren Buffett
Our favorite holding period is forever.
Warren Buffett
Our favourite holding period is forever.
Warren Buffett
Price is what you pay. Value is what you get.
Warren Buffett
Risk comes from not knowing what you're doing.
Warren Buffett
Risk is a part of God's game, alike for men and nations.
Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren Buffett
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
Warren Buffett
The first rule is not to lose. The second rule is not to forget the first rule.
Warren Buffett
The investor of today does not profit from yesterday's growth.
Warren Buffett
The only time to buy these is on a day with no "y" in it.
Warren Buffett
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.
Warren Buffett
There seems to be some perverse human characteristic that likes to make easy things difficult.
Warren Buffett
Time is the friend of the wonderful company, the enemy of the mediocre.
Warren Buffett
Value is what you get.
Warren Buffett
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
Warren Buffett
We enjoy the process far more than the proceeds.
Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett
When a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
Warren Buffett
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
Warren Buffett
You only have to do a very few things right in your life so long as you don't do too many things wrong.
Warren Buffett
Your premium brand had better be delivering something special, or it's not going to get the business.
Warren Buffett
Creating Your Website for Google AdSense
Before you even begin your site, make sure you've come up with a topic that you feel you know plenty about. That way it will be easiest to write a lot of content.
The more content you have, the better chance you have getting accepted into the program. Also, the more content, the greater the earning potential. AdSense is nothing but a numbers game. If you want to make a lot of money, prepare to write a lot of content.
Now let's talk about building your website. There are two ways you can approach this:
1) Do it yourself Method
2) Hire Professionals to design your website
1. The Do It Yourself Method
If you use the Do It Yourself Method, you will have to go and register a domain name (yoursite.com) and then sign up for a web host and build your pages. You can either learn HTML or buy some kind of web editor like Microsoft FrontPage to build your pages. That's the method I used to build this site.
Averaging between $10 and $15 per month, the Do It Yourself Method is usually the most cost friendly of the two but you are mostly on your own in terms of learning how to create your web pages and adding the AdSense code to your site.
Web hosts are generally there to house your site. They don't specialize in helping you market and optimize your site for the search engines to help you get traffic. So don't expect a lot from them in terms of helping you market your site.
This is not necessarily a bad thing. I had to learn how to build this site on my own and it wasn't very difficult.
I bought Microsoft FrontPage and in about a day or two my site was up and running. So if you don't mind learning, it's definitely doable. In fact, most people use the Do It Yourself Method to build their websites. The 2nd method below is fairly new in comparison.
Creating your pages is as simple as entering text into form fields and using the user-friendly editor to add text, create links, and add pictures and more. Some Designing and Development software’s are needed to be installed before you being on your own. You simply select a template you want to use and your site is built in seconds...literally.
What's even better is that you will have access to tons of free guides that show you how to optimize your site for the popular search engines so you can get as much free traffic as possible.
2. Hire Professionals to design your website
This is very easy and best way to get your website ready. We hired professionals to design our site and now it earns decent income every month within a year of launching it. Our Earlier Site took nearly two years to get stable income from old site. It took me over 2 years to earn that kind of AdSense income with this site using the do-it-yourself method.
Today, the site continues to earn money from AdSense yet I have no products to sell. I'm simply offering information on a topic I know a about and our professional designers showed me how to rank high in the search engines for various keyword phrases. Over 90% of traffic comes from the free search engines.
The reason this method is more recommended from the other do-it-yourself hosts is that first it provides you all the web page building and marketing help all in one place. Your domain registration, web hosting and marketing help come with the reasonable price.
Remember, without traffic, you won't make any money with AdSense. That's why having a professional designer is so important. Keep in mind, a regular Do It Yourself host does NOT help you with search engine rankings and traffic.
I highly recommend hiring a professional designer especially if you plan on building a site specifically to earn money from AdSense. It is the kind of host that stands for everything AdSense is about -- rewarding website owners for building an abundance of useful content.
Be sure to also take a peek at all the successful websites created by mostly beginners who have never created a site before.
The more content you have, the better chance you have getting accepted into the program. Also, the more content, the greater the earning potential. AdSense is nothing but a numbers game. If you want to make a lot of money, prepare to write a lot of content.
Now let's talk about building your website. There are two ways you can approach this:
1) Do it yourself Method
2) Hire Professionals to design your website
1. The Do It Yourself Method
If you use the Do It Yourself Method, you will have to go and register a domain name (yoursite.com) and then sign up for a web host and build your pages. You can either learn HTML or buy some kind of web editor like Microsoft FrontPage to build your pages. That's the method I used to build this site.
Averaging between $10 and $15 per month, the Do It Yourself Method is usually the most cost friendly of the two but you are mostly on your own in terms of learning how to create your web pages and adding the AdSense code to your site.
Web hosts are generally there to house your site. They don't specialize in helping you market and optimize your site for the search engines to help you get traffic. So don't expect a lot from them in terms of helping you market your site.
This is not necessarily a bad thing. I had to learn how to build this site on my own and it wasn't very difficult.
I bought Microsoft FrontPage and in about a day or two my site was up and running. So if you don't mind learning, it's definitely doable. In fact, most people use the Do It Yourself Method to build their websites. The 2nd method below is fairly new in comparison.
Creating your pages is as simple as entering text into form fields and using the user-friendly editor to add text, create links, and add pictures and more. Some Designing and Development software’s are needed to be installed before you being on your own. You simply select a template you want to use and your site is built in seconds...literally.
What's even better is that you will have access to tons of free guides that show you how to optimize your site for the popular search engines so you can get as much free traffic as possible.
2. Hire Professionals to design your website
This is very easy and best way to get your website ready. We hired professionals to design our site and now it earns decent income every month within a year of launching it. Our Earlier Site took nearly two years to get stable income from old site. It took me over 2 years to earn that kind of AdSense income with this site using the do-it-yourself method.
Today, the site continues to earn money from AdSense yet I have no products to sell. I'm simply offering information on a topic I know a about and our professional designers showed me how to rank high in the search engines for various keyword phrases. Over 90% of traffic comes from the free search engines.
The reason this method is more recommended from the other do-it-yourself hosts is that first it provides you all the web page building and marketing help all in one place. Your domain registration, web hosting and marketing help come with the reasonable price.
Remember, without traffic, you won't make any money with AdSense. That's why having a professional designer is so important. Keep in mind, a regular Do It Yourself host does NOT help you with search engine rankings and traffic.
I highly recommend hiring a professional designer especially if you plan on building a site specifically to earn money from AdSense. It is the kind of host that stands for everything AdSense is about -- rewarding website owners for building an abundance of useful content.
Be sure to also take a peek at all the successful websites created by mostly beginners who have never created a site before.
How Much Can I Earn With Google AdSense?
Google does not disclose exactly how much you'll earn per ad that is clicked. The commission you receive per click depends on how much advertisers are paying Google for the particular ad. You will earn a share of that amount. I've heard of earnings anywhere from 2 cents to $15 per click.
So it is logical to believe that keyword phrases like debt free, employment, make money, mp3, sex, etc. will earn you more per click since these are highly competitive keywords that are searched for quite a bit on the web. Advertisers generally pay more for popular terms because they are searched for more.
Even though Google will not reveal how much you are earning for each ad that is clicked from your site, you can still login to your account at any time and see the total amount of revenue you've generated that day, week, month, year, etc.
For example, if you see that you've made $12.60 today from 9 clicks then you can calculate that your average click-thru commission was $1.40 per click. That's as detailed as their stats will get. Also remember, that's only an average. You won't know how much each specific ad brought in.
The amount you'll earn also depends largely on the amount of targeted traffic you receive to your own site, how well the ads match your audience's interests, the placement of the ads on your pages, and of course the amount you receive per click.
Ideally, you should create a site on a topic you know a lot about. That way you'll have a much easier time creating a generous amount of content on that subject.
So it is logical to believe that keyword phrases like debt free, employment, make money, mp3, sex, etc. will earn you more per click since these are highly competitive keywords that are searched for quite a bit on the web. Advertisers generally pay more for popular terms because they are searched for more.
Even though Google will not reveal how much you are earning for each ad that is clicked from your site, you can still login to your account at any time and see the total amount of revenue you've generated that day, week, month, year, etc.
For example, if you see that you've made $12.60 today from 9 clicks then you can calculate that your average click-thru commission was $1.40 per click. That's as detailed as their stats will get. Also remember, that's only an average. You won't know how much each specific ad brought in.
The amount you'll earn also depends largely on the amount of targeted traffic you receive to your own site, how well the ads match your audience's interests, the placement of the ads on your pages, and of course the amount you receive per click.
Ideally, you should create a site on a topic you know a lot about. That way you'll have a much easier time creating a generous amount of content on that subject.
Discover how to make regular income every month from Google Adsense
Do you Know Google Is Not Only a Search Engine. It’s a Money Making Machine So if you are one of those people that like the idea of earning a few extra bucks, this is an excellent way to earn your money.
Even if you earned as little as $10 in a month, it would be more than likely cover some or all of the costs for your web site. Perhaps you are simply looking for ways to add additional revenue to your website, and then it's perfect for that situation too.
This program is getting so popular that people are creating websites just to display the ads and profit from Google's AdSense alone.
There is no such thing as “easy money" because you still have to create your own website and bring in traffic to your website in order to make good money with this program.
I certainly don't want to make it sound like you get something for doing absolutely nothing. There's no such thing. However, I've got to say that AdSense is probably the closest you'll ever come to fast money on the Internet -- especially if you already have a website that gets a good amount of traffic.
What's even better...the program is completely free. You can also use it on multiple websites and there is no limit to the amount you can earn. I know what you're probably thinking..."Is Google Crazy?" and "What's the catch here? Why would Google just give away money advertisers are paying them?"
The answer... Because Google is very smart. Now that you understand how AdSense works, I can see that it's a win-win situation for everyone involved, and the bottom line benefits Google. Let me explain...
Since the advertiser's ads are now being displayed on more web sites all over the internet (instead of just Google's site), they are getting much more exposure. More exposure means more clicks and even more traffic for their site over a shorter period of time.
This is good news for Google because the more traffic the advertisers receive, the faster their advertising funds are used up.
Remember, they get charged every time their site gets a visit; and of course, it is Google's hope that they'll continue to keep funneling more money into their account for more ad exposure.
What an ingenious way for Google to increase the amount of money they earn from advertisers while building loyalty with website owners (like us) who are now getting paid to help them advertise.
Of course, I'd expect nothing less from the most popular search engine on the web.
Even if you earned as little as $10 in a month, it would be more than likely cover some or all of the costs for your web site. Perhaps you are simply looking for ways to add additional revenue to your website, and then it's perfect for that situation too.
This program is getting so popular that people are creating websites just to display the ads and profit from Google's AdSense alone.
There is no such thing as “easy money" because you still have to create your own website and bring in traffic to your website in order to make good money with this program.
I certainly don't want to make it sound like you get something for doing absolutely nothing. There's no such thing. However, I've got to say that AdSense is probably the closest you'll ever come to fast money on the Internet -- especially if you already have a website that gets a good amount of traffic.
What's even better...the program is completely free. You can also use it on multiple websites and there is no limit to the amount you can earn. I know what you're probably thinking..."Is Google Crazy?" and "What's the catch here? Why would Google just give away money advertisers are paying them?"
The answer... Because Google is very smart. Now that you understand how AdSense works, I can see that it's a win-win situation for everyone involved, and the bottom line benefits Google. Let me explain...
Since the advertiser's ads are now being displayed on more web sites all over the internet (instead of just Google's site), they are getting much more exposure. More exposure means more clicks and even more traffic for their site over a shorter period of time.
This is good news for Google because the more traffic the advertisers receive, the faster their advertising funds are used up.
Remember, they get charged every time their site gets a visit; and of course, it is Google's hope that they'll continue to keep funneling more money into their account for more ad exposure.
What an ingenious way for Google to increase the amount of money they earn from advertisers while building loyalty with website owners (like us) who are now getting paid to help them advertise.
Of course, I'd expect nothing less from the most popular search engine on the web.
Google Adsense
What is Google Adsense?
Google earns most of its revenue by allowing website owners to advertise on Google’s search result pages. When you search anything in Google.com you mostly find Sponsored Links at the top of the page and on the right side of the search results. These are nothing but paid advertisements of Website owners whose products / services match your search query. All this is managed through a program they call AdWords. Advertisers pay Google for showing these ads along with your search results. When you click on any of the sponsored link, advertiser is charged for a certain amount of money. This is also known as Pay-Per-Click Advertising. To advertise your website with Google Click Here.
Now you can earn a share of the revenue that Google earns from AdWords by placing these same text ads on to your own your site. In other words, you're helping Google advertise and they pay you a percentage of what they earn. This program is called AdSense.
Anyone who has a website can sign up for Google Adsense. It's just too good of an opportunity to pass up. Even if your site is just for information purposes, you can still participate and make decent money with AdSense or at least enough to fund your website.
In other words, AdSense is Google's program for website owners of all sizes to display relevant Google ads on their website's content pages and earn money. Adsense is one of the newest and most profitable ways of making money on the internet. You can literally earn an income without selling, or doing anything aside from bringing visitors to your website. If your visitor sees a text link that he or she is interested in and clicks - you will earn money from the click. The amount earned varies, and at any time can range from $.05, to over $10.00. It all depends on the ad being shown at the time.
From your website, your visitors will be able to read free related articles. Each page contains highly targeted Adsense banners, aimed at turning visitors into clicks. Each banner has been tested and strategically placed in the highest converting areas.
Also, the banners have been customized to blend seamlessly into the website - to keep the design flowing. In other words, the banners are not "out of place," or unattractive. If you've ever wanted to make money on the internet, but have been turned off by the amount of selling, order responses, and customer service required, then this website is perfect for you.
Earn from Google AdSense by showing relevant ads on your own website. Be part of the Google Adsense network that is free & easy to setup. Google AdSense offers more ways for you to earn money while making your site more useful for visitors.
Along with targeted advertising for your content web pages, you can add a Google search box to your web site and show targeted ads on search results pages. When visitors click on these ads, Google pays you. The easiest way to get the advertisements on your website is to get registered with Google AdSense.Google Adsense is providing pay per click advertisement to put it on your web site.
Google earns most of its revenue by allowing website owners to advertise on Google’s search result pages. When you search anything in Google.com you mostly find Sponsored Links at the top of the page and on the right side of the search results. These are nothing but paid advertisements of Website owners whose products / services match your search query. All this is managed through a program they call AdWords. Advertisers pay Google for showing these ads along with your search results. When you click on any of the sponsored link, advertiser is charged for a certain amount of money. This is also known as Pay-Per-Click Advertising. To advertise your website with Google Click Here.
Now you can earn a share of the revenue that Google earns from AdWords by placing these same text ads on to your own your site. In other words, you're helping Google advertise and they pay you a percentage of what they earn. This program is called AdSense.
Anyone who has a website can sign up for Google Adsense. It's just too good of an opportunity to pass up. Even if your site is just for information purposes, you can still participate and make decent money with AdSense or at least enough to fund your website.
In other words, AdSense is Google's program for website owners of all sizes to display relevant Google ads on their website's content pages and earn money. Adsense is one of the newest and most profitable ways of making money on the internet. You can literally earn an income without selling, or doing anything aside from bringing visitors to your website. If your visitor sees a text link that he or she is interested in and clicks - you will earn money from the click. The amount earned varies, and at any time can range from $.05, to over $10.00. It all depends on the ad being shown at the time.
From your website, your visitors will be able to read free related articles. Each page contains highly targeted Adsense banners, aimed at turning visitors into clicks. Each banner has been tested and strategically placed in the highest converting areas.
Also, the banners have been customized to blend seamlessly into the website - to keep the design flowing. In other words, the banners are not "out of place," or unattractive. If you've ever wanted to make money on the internet, but have been turned off by the amount of selling, order responses, and customer service required, then this website is perfect for you.
Earn from Google AdSense by showing relevant ads on your own website. Be part of the Google Adsense network that is free & easy to setup. Google AdSense offers more ways for you to earn money while making your site more useful for visitors.
Along with targeted advertising for your content web pages, you can add a Google search box to your web site and show targeted ads on search results pages. When visitors click on these ads, Google pays you. The easiest way to get the advertisements on your website is to get registered with Google AdSense.Google Adsense is providing pay per click advertisement to put it on your web site.
Work from home IDEAS
Work from Home ads has been around for years in magazines and newspapers. Now they've moved to the Internet. They promise easy work from home ideas, unlimited opportunities and high pay.
Unfortunately they usually promised more than they delivered, and the buyer was disappointed once again. There are real business opportunities though. It just takes personal discipline to determine which the best business is for you. An honest and thoughtful analysis of your skills, abilities knowledge and resources is the first steps to choosing an easy work from home idea.
You know you are ready to work at home, and you know you have the desire and motivation to make it work, but you have no idea where to begin?
It isn't easy, and if you've spent any time sifting through millions of home-based business related websites, you probably wonder if there even is such a thing as a perfect home based business out there at all.
There is truly a very fine line between many home-based jobs and home-based businesses, and sometimes you are doing both at the same time.
While it might be difficult for you to choose a business that will work for you, think about your skills and interests, and be open to the idea of doing several closely related things.
Don't pass up an opportunity to use your talents, education, skills, and create multiple streams of income!
When choosing your new home based venture, make sure you don't base your decision solely on the potential income. Instead, choose ideas that you would enjoy doing, or have a strong interest in learning and doing, because you'll be spending a lot of time doing them. Of course, income potential should be considered, but definitely should not be the sole reason for choosing a type of home business.
List of Work at Home Jobs & Business Ideas is very large… you can search of any business idea that you feel you will be comfortable with and you are confident you can successes in it.
Business ideas are listed here for your reference.
Accounting Business
Answering Service
Auctions: Sell on eBay and Other Online Auctions
Bridal and Wedding Consulting Service
Cake Decorator and Custom Cake Design Service
Candle Making
Candy Making
Candy Wrappers
Catering Business
Child Day Care Service
Cleaning Service
Craft Making
Create Custom Gift Baskets
Crochet
Dance Instructor
Desktop Publishing
Dog Trainer
Event Planner
Face Painting
Family History and Genealogy
Florist
Freelance Photographer
Fundraising
Garden and Lawn maintenance
Home Daycare
Professional Alterations and Seamstress Service
House Cleaning
Internet Research Service
Jewelry Making
Life Coach
Makeup Artist
Marketing Consultant
Massage therapist
Medical Billing
Medical Transcription
Newsletter Service
Online Tutoring Service
Personal Trainer
Pet Treatment
Pet-Sitting Business
Photography business
Professional organizer
Professional Pet Grooming Service
Proofreading Service
Real Estate Agent
Recruiter
Resume Writing Service
Romance Writer
Scrapbooking Business
Search Engine Optimization and Submission Services
Selling Your Arts and Crafts
Soap-Making
Teach Guitar
Telecommuting
Travel agent from home
Tutoring Business
Virtual assistant
Virtual Assistant Secretarial Service
Web Design Service
Web Hosting Reseller
Wedding Planner
Window cleaning
Write a Children's Book
Write a novel
Write an ebook
Writing freelance
Yoga Teacher
Unfortunately they usually promised more than they delivered, and the buyer was disappointed once again. There are real business opportunities though. It just takes personal discipline to determine which the best business is for you. An honest and thoughtful analysis of your skills, abilities knowledge and resources is the first steps to choosing an easy work from home idea.
You know you are ready to work at home, and you know you have the desire and motivation to make it work, but you have no idea where to begin?
It isn't easy, and if you've spent any time sifting through millions of home-based business related websites, you probably wonder if there even is such a thing as a perfect home based business out there at all.
There is truly a very fine line between many home-based jobs and home-based businesses, and sometimes you are doing both at the same time.
While it might be difficult for you to choose a business that will work for you, think about your skills and interests, and be open to the idea of doing several closely related things.
Don't pass up an opportunity to use your talents, education, skills, and create multiple streams of income!
When choosing your new home based venture, make sure you don't base your decision solely on the potential income. Instead, choose ideas that you would enjoy doing, or have a strong interest in learning and doing, because you'll be spending a lot of time doing them. Of course, income potential should be considered, but definitely should not be the sole reason for choosing a type of home business.
List of Work at Home Jobs & Business Ideas is very large… you can search of any business idea that you feel you will be comfortable with and you are confident you can successes in it.
Business ideas are listed here for your reference.
Accounting Business
Answering Service
Auctions: Sell on eBay and Other Online Auctions
Bridal and Wedding Consulting Service
Cake Decorator and Custom Cake Design Service
Candle Making
Candy Making
Candy Wrappers
Catering Business
Child Day Care Service
Cleaning Service
Craft Making
Create Custom Gift Baskets
Crochet
Dance Instructor
Desktop Publishing
Dog Trainer
Event Planner
Face Painting
Family History and Genealogy
Florist
Freelance Photographer
Fundraising
Garden and Lawn maintenance
Home Daycare
Professional Alterations and Seamstress Service
House Cleaning
Internet Research Service
Jewelry Making
Life Coach
Makeup Artist
Marketing Consultant
Massage therapist
Medical Billing
Medical Transcription
Newsletter Service
Online Tutoring Service
Personal Trainer
Pet Treatment
Pet-Sitting Business
Photography business
Professional organizer
Professional Pet Grooming Service
Proofreading Service
Real Estate Agent
Recruiter
Resume Writing Service
Romance Writer
Scrapbooking Business
Search Engine Optimization and Submission Services
Selling Your Arts and Crafts
Soap-Making
Teach Guitar
Telecommuting
Travel agent from home
Tutoring Business
Virtual assistant
Virtual Assistant Secretarial Service
Web Design Service
Web Hosting Reseller
Wedding Planner
Window cleaning
Write a Children's Book
Write a novel
Write an ebook
Writing freelance
Yoga Teacher
Earn from Affiliate programes
An affiliate program, also known as "referral", "associate" or "partner" program, allows web site owners to earn commissions from their web site by referring people to products and services. If you don't have a product of your own to sell, you can join affiliate programs to bring in additional revenue to your site.
Let's say your site is about home improvement and you offer tips on various household projects, tools, etc. You would join affiliate programs from hardware companies and refer your visitors to their products from your own website.
How Do Affiliate Programs Work?
Most affiliate programs are free to join and easy to setup. The company will usually provide you with a special link to use that contain a tracking code inside it. Any time you send your visitors to the company's web site, you'll send them via the link so all your orders can be tracked and identified.
For example, let's say Home Depot has an affiliate program. Once you join, they may instruct you to send your visitors to a link that looks something like this: http://www.homebasedonlinejobs.com
The "ID5004" is the part that is tracked by Home Depot. Any time someone goes to their site via this particular link and places an order, it is tracked back to you. Then you earn commission for that sale.
How Much Can I Earn?
How much you earn per sale depends on the company's affiliate program model. Many programs pay a percentage of the total sale. Some will offer a fixed dollar amount ($50 per sale, for example).
The Big Myth!
Unfortunately, many people believe since many affiliate programs are free and that they are given a website, it will be much easier to make money than it would if they had to market their own product.
Not true at all.
Even if you are involved in an affiliate program, it's very important that you develop your OWN site with a clear and solid theme. Then integrate related affiliate programs into your site. So if your site is about gardening, you would find companies that sell products related to what your visitors are interested in: gardening tools and furniture, lawn care, etc.
It's important to make sure your own site is not just pages full of links to the company you're affiliated with. You should have your own unique and well-organized content throughout your site. Aim for at least 20 pages of ORIGINAL content and prepare to keep building.
Staying with the Home Depot example, you could register the domain name, HouseHoldMistakes.com and develop a guide for common mistakes made when repairing household items.
Throughout that site you could make recommendations for various Home Depot products and earn commissions. The key is to join programs and recommend products and services that naturally compliment the theme of your web site.
Something to Remember
One thing you should keep in mind is that you should only join affiliate programs that relate to your website. If your site is about home employment, it makes no sense to advertise jewelry on it. People are coming to your site to look for jobs, not diamonds.
Although it's tempting to join any and every affiliate program that sounds lucrative, more is not always better. You could do quite well simply promoting one or two programs if they are a good fit for your site's audience and you present the products/services well.
Plastering banner ads all over your site is not a good way to earn money. Recommendations through useful editorial content are the best way to get the sale.
Another Example . . .
Let's say you have a web site about child safety and you're writing an article about burglar alarms. You belong to an affiliate program that pays you $100 for every burglar alarm you sell. At the end of the article, you could include a recommendation for a burglar alarm system, and it's important to note that the recommendation shouldn't sound like an advertisement. It would just be a logical statement that flows with the rest of the article. For example: One of the premiere burglar systems on the market is Burglar Alarm XYZ. We use it in our home and it has always given us top-notch performance. Click here for more information.
And of course when the visitor "clicks here" they're taken to the company site via your unique affiliate web site address so you receive the commission if that person orders a product.
See how the recommendation just wraps up the article? It's not a blatant advertisement that yells for the visitor to BUY NOW!!!!! Notice also that the recommendation includes a personal testimonial. That's a great touch. If you can tell your visitors that you've used a product and can provide feedback about it, which will add to your credibility.
First the article provides general, useful information about burglar alarms and then ends with a solid recommendation for a particular product that the web site owner endorses. Build a Site With Lots of Content Web sites that do the best with affiliate programs contain lots and lots of useful content that's updated often and has its own developed theme with a targeted audience.
Don't ever waste your time joining a couple of affiliate programs and then building a one or two-page web site to promote the products. Build a web site with a clear, concise theme that is supported by tons of articles and information on your topic.
You need to build credibility to encourage people to respect your recommendations. It's difficult to do that with a small site. One good way to build this credibility is by providing useful articles and helpful resources that gives your visitors confidence that you know what you're talking about.
You want them to feel comfortable taking your advice. Remember they can't see or talk to you so all they have to go on is the information you provide on your site -- so make it good!
Also remember, there is no such thing as too much information. The more knowledge you can fill them with, the greater chance they'll keep coming back to your site again and again.
This is another reason you should always choose a topic you are truly interested in. The more you know about a subject, the easier it will be to add content and keep your site updated.
Most people will not buy on the first exposure. They need to see the product more than once. If your site is lacking content, what reason would your visitors have to return again?
Updated, quality content encourages visitors to keep coming back for more. The more they're exposed to what you have to offer, the greater the chance they'll decide to purchase something based upon your recommendation.
Only Promote High Quality Products. Don’t hurt your web reputation by referring less-than-satisfying products and services. There are plenty of good products out there for you to offer. Don’t waste your time on the junk.
If you’re looking for long-term success out here, start off on the right foot and only refer high quality products to your visitors. If you do this, chances are they'll return to your site and respect your recommendations.
Need Help Finding Affiliate Programs?
Commission Junction is an affiliate network that you can join and it will give you instant access to hundreds of free affiliate programs in one place. Simply search through the network and find affiliate programs that fit your site's theme and apply to the ones you want.
Let's say your site is about music and you want to find programs that pay you to refer people to buy CD's. Simply search the CJ network and join the music affiliate programs that interest you. CJ provides all the banners and links to help you promote the specific program. They also track sales and traffic for each program right from their online control panel.
At any given time you can login to CJ.com and check your traffic and earnings for the day, month or year. You can even break down the report by affiliate program so you can see which programs are performing the best for your site. Commission Junction keeps track of all your earnings and sends you a payment once a month for any commissions you've earned. Join the Commission Junction network today.
The key to finding success with affiliate programs is to build a website on a specific niche. It can be a topic you know a lot about, hobby or even a pastime. Create at least 20 pages of unique content on your niche and always look to expand your site. The more information the better. Once you start building that content, begin searching for affiliate programs that match your site's theme. Then work on getting traffic to your site via the search engines, especially Google. If done effectively, you could earn enough income to drastically change your life. I've done it, and so can you.
Let's say your site is about home improvement and you offer tips on various household projects, tools, etc. You would join affiliate programs from hardware companies and refer your visitors to their products from your own website.
How Do Affiliate Programs Work?
Most affiliate programs are free to join and easy to setup. The company will usually provide you with a special link to use that contain a tracking code inside it. Any time you send your visitors to the company's web site, you'll send them via the link so all your orders can be tracked and identified.
For example, let's say Home Depot has an affiliate program. Once you join, they may instruct you to send your visitors to a link that looks something like this: http://www.homebasedonlinejobs.com
The "ID5004" is the part that is tracked by Home Depot. Any time someone goes to their site via this particular link and places an order, it is tracked back to you. Then you earn commission for that sale.
How Much Can I Earn?
How much you earn per sale depends on the company's affiliate program model. Many programs pay a percentage of the total sale. Some will offer a fixed dollar amount ($50 per sale, for example).
The Big Myth!
Unfortunately, many people believe since many affiliate programs are free and that they are given a website, it will be much easier to make money than it would if they had to market their own product.
Not true at all.
Even if you are involved in an affiliate program, it's very important that you develop your OWN site with a clear and solid theme. Then integrate related affiliate programs into your site. So if your site is about gardening, you would find companies that sell products related to what your visitors are interested in: gardening tools and furniture, lawn care, etc.
It's important to make sure your own site is not just pages full of links to the company you're affiliated with. You should have your own unique and well-organized content throughout your site. Aim for at least 20 pages of ORIGINAL content and prepare to keep building.
Staying with the Home Depot example, you could register the domain name, HouseHoldMistakes.com and develop a guide for common mistakes made when repairing household items.
Throughout that site you could make recommendations for various Home Depot products and earn commissions. The key is to join programs and recommend products and services that naturally compliment the theme of your web site.
Something to Remember
One thing you should keep in mind is that you should only join affiliate programs that relate to your website. If your site is about home employment, it makes no sense to advertise jewelry on it. People are coming to your site to look for jobs, not diamonds.
Although it's tempting to join any and every affiliate program that sounds lucrative, more is not always better. You could do quite well simply promoting one or two programs if they are a good fit for your site's audience and you present the products/services well.
Plastering banner ads all over your site is not a good way to earn money. Recommendations through useful editorial content are the best way to get the sale.
Another Example . . .
Let's say you have a web site about child safety and you're writing an article about burglar alarms. You belong to an affiliate program that pays you $100 for every burglar alarm you sell. At the end of the article, you could include a recommendation for a burglar alarm system, and it's important to note that the recommendation shouldn't sound like an advertisement. It would just be a logical statement that flows with the rest of the article. For example: One of the premiere burglar systems on the market is Burglar Alarm XYZ. We use it in our home and it has always given us top-notch performance. Click here for more information.
And of course when the visitor "clicks here" they're taken to the company site via your unique affiliate web site address so you receive the commission if that person orders a product.
See how the recommendation just wraps up the article? It's not a blatant advertisement that yells for the visitor to BUY NOW!!!!! Notice also that the recommendation includes a personal testimonial. That's a great touch. If you can tell your visitors that you've used a product and can provide feedback about it, which will add to your credibility.
First the article provides general, useful information about burglar alarms and then ends with a solid recommendation for a particular product that the web site owner endorses. Build a Site With Lots of Content Web sites that do the best with affiliate programs contain lots and lots of useful content that's updated often and has its own developed theme with a targeted audience.
Don't ever waste your time joining a couple of affiliate programs and then building a one or two-page web site to promote the products. Build a web site with a clear, concise theme that is supported by tons of articles and information on your topic.
You need to build credibility to encourage people to respect your recommendations. It's difficult to do that with a small site. One good way to build this credibility is by providing useful articles and helpful resources that gives your visitors confidence that you know what you're talking about.
You want them to feel comfortable taking your advice. Remember they can't see or talk to you so all they have to go on is the information you provide on your site -- so make it good!
Also remember, there is no such thing as too much information. The more knowledge you can fill them with, the greater chance they'll keep coming back to your site again and again.
This is another reason you should always choose a topic you are truly interested in. The more you know about a subject, the easier it will be to add content and keep your site updated.
Most people will not buy on the first exposure. They need to see the product more than once. If your site is lacking content, what reason would your visitors have to return again?
Updated, quality content encourages visitors to keep coming back for more. The more they're exposed to what you have to offer, the greater the chance they'll decide to purchase something based upon your recommendation.
Only Promote High Quality Products. Don’t hurt your web reputation by referring less-than-satisfying products and services. There are plenty of good products out there for you to offer. Don’t waste your time on the junk.
If you’re looking for long-term success out here, start off on the right foot and only refer high quality products to your visitors. If you do this, chances are they'll return to your site and respect your recommendations.
Need Help Finding Affiliate Programs?
Commission Junction is an affiliate network that you can join and it will give you instant access to hundreds of free affiliate programs in one place. Simply search through the network and find affiliate programs that fit your site's theme and apply to the ones you want.
Let's say your site is about music and you want to find programs that pay you to refer people to buy CD's. Simply search the CJ network and join the music affiliate programs that interest you. CJ provides all the banners and links to help you promote the specific program. They also track sales and traffic for each program right from their online control panel.
At any given time you can login to CJ.com and check your traffic and earnings for the day, month or year. You can even break down the report by affiliate program so you can see which programs are performing the best for your site. Commission Junction keeps track of all your earnings and sends you a payment once a month for any commissions you've earned. Join the Commission Junction network today.
The key to finding success with affiliate programs is to build a website on a specific niche. It can be a topic you know a lot about, hobby or even a pastime. Create at least 20 pages of unique content on your niche and always look to expand your site. The more information the better. Once you start building that content, begin searching for affiliate programs that match your site's theme. Then work on getting traffic to your site via the search engines, especially Google. If done effectively, you could earn enough income to drastically change your life. I've done it, and so can you.
Pipelines-Have You Seen The Future?
STEEL PIPES: THE FUTURE HAS JUST BEGUN
What do PSL, Jindal Saw, Maharashtra Seamless, Pratibha Industries, Ratnamani Metals & Welspun Gujarat have in common? All of them service the growing Oil and Gas segment in the country.
During past three years, there has been a change in the mindset of India’s entrepreneurs. A change in thinking is result of the confidence that India is at par with the world. The word multinational no more means a foreign company, infact there are sizable Indian multinationals now, and this number is growing. The change of confidence is visible as even larger amounts are being invested in ventures globally located.
Piping Industry is no exception to this change. There is a huge potential demand for Pipes and Tubes manufactured in India, or manufactured by Indian entrepreneurs in plants located outside India. There would be ample opportunities and the key to unlock those would be the competitiveness and servicing of the customers requirements.
The two major Industry segments in which Steel Pipes are of significant importance are the Oil & Gas and Power segments.
Oil & Gas Industry uses the pipes for a variety of applications in:
On shore and Offshore drilling platforms, for transporting crude oil/gas to refineries and user industries, including cross country pipelines, Refineries themselves have various piping applications, similarly down stream petrochemical projects use pipelines.
The majority of the applications need SAW pipes. These could be LSAW, HSAW, Carbon Steel and Stainless Steel pipes.
According to Simdex (May 2007 update) there are 511 pipeline projects in various stages of completion and planning, totalling upto a combined length of 246,473 kms worldwide. Of these, 90 projects for 81736 kms are being planned in Asia.
India is considered to have low penetration of the pipelines at 15,000 km or 25 % of the required volume. Against this, World average is 75 %. According to an estimate by CRIS INFAC, project for 23,643 km of pipes lines have been planned till 2010.
Such expansion in the pipe lines both by Public as well as private sector companies would generate sizable demand for the entire segment that comprises pipe manufacturing.
GAS: Today, Gas is considered the cleanest form of energy. The transportation of gas through pipelines is a standard mean of transport world over as it is the cheapest mode of transportation.
Currently India country is in the process of laying down trunk lines as a part of the National grid. Also in select cities the gas is now being distributed through pipe lines. This penetration is going to be increasing in the coming days. While larger dia SAW pipes are used for trunk transportation, it is the ERW pipes which are being used for the purpose intra city distribution to the end consumers. There will ultimately be a sizable market both locally as well as globally for this product.
Similarly Ratnamani which manufactures both versions of Steel Pipes at its Anjar, Kutch and Chatral plants especially Carbon Steel products would find adequate market from increased demand due to investment lined up spanning over 10 years in Gas and Oil exploration, Oil and Gas transportation, etc. The Company’s increased capacity would be handily available to take advantage of the increased demand.
The Stainless Steel products would also have global opportunities from Refineries, Power Plants and other Industrial sectors like Paper, Pharmaceuticals etc.
POWER:
The other important sector is power. Ratnamani's products find application in all types of power plants be it Thermal, Hydel or Nuclear. It is expected that during the 11th plan period (2007-12) there is going to be additions of 66,643 MW as under:
A tentative capacity addition of 66,643 MW is planned comprising of 17,189 MW of hydro, 46,114 MW of thermal (44,000 MW coal/lignite, 2,114 MW gas/LNG) and 3,200 MW of nuclear capacity.
This addition coupled with a potential of approx. 58000 MW from renewable energy sector, mainly wind energy would also be opening sizable demand for the ERW products. (Source: Central Electricity Authority/InWEA) .
With Gas pipelines costing close to Rs 3 crore per running kilometre, the overall investment and thus say overall demand for the Steel Pipes segment would be closer to Rs 71,000 crore spread over the period 2007-2011.
Could this segment be then considered a sun rise sector?
What do PSL, Jindal Saw, Maharashtra Seamless, Pratibha Industries, Ratnamani Metals & Welspun Gujarat have in common? All of them service the growing Oil and Gas segment in the country.
During past three years, there has been a change in the mindset of India’s entrepreneurs. A change in thinking is result of the confidence that India is at par with the world. The word multinational no more means a foreign company, infact there are sizable Indian multinationals now, and this number is growing. The change of confidence is visible as even larger amounts are being invested in ventures globally located.
Piping Industry is no exception to this change. There is a huge potential demand for Pipes and Tubes manufactured in India, or manufactured by Indian entrepreneurs in plants located outside India. There would be ample opportunities and the key to unlock those would be the competitiveness and servicing of the customers requirements.
The two major Industry segments in which Steel Pipes are of significant importance are the Oil & Gas and Power segments.
Oil & Gas Industry uses the pipes for a variety of applications in:
On shore and Offshore drilling platforms, for transporting crude oil/gas to refineries and user industries, including cross country pipelines, Refineries themselves have various piping applications, similarly down stream petrochemical projects use pipelines.
The majority of the applications need SAW pipes. These could be LSAW, HSAW, Carbon Steel and Stainless Steel pipes.
According to Simdex (May 2007 update) there are 511 pipeline projects in various stages of completion and planning, totalling upto a combined length of 246,473 kms worldwide. Of these, 90 projects for 81736 kms are being planned in Asia.
India is considered to have low penetration of the pipelines at 15,000 km or 25 % of the required volume. Against this, World average is 75 %. According to an estimate by CRIS INFAC, project for 23,643 km of pipes lines have been planned till 2010.
Such expansion in the pipe lines both by Public as well as private sector companies would generate sizable demand for the entire segment that comprises pipe manufacturing.
GAS: Today, Gas is considered the cleanest form of energy. The transportation of gas through pipelines is a standard mean of transport world over as it is the cheapest mode of transportation.
Currently India country is in the process of laying down trunk lines as a part of the National grid. Also in select cities the gas is now being distributed through pipe lines. This penetration is going to be increasing in the coming days. While larger dia SAW pipes are used for trunk transportation, it is the ERW pipes which are being used for the purpose intra city distribution to the end consumers. There will ultimately be a sizable market both locally as well as globally for this product.
Similarly Ratnamani which manufactures both versions of Steel Pipes at its Anjar, Kutch and Chatral plants especially Carbon Steel products would find adequate market from increased demand due to investment lined up spanning over 10 years in Gas and Oil exploration, Oil and Gas transportation, etc. The Company’s increased capacity would be handily available to take advantage of the increased demand.
The Stainless Steel products would also have global opportunities from Refineries, Power Plants and other Industrial sectors like Paper, Pharmaceuticals etc.
POWER:
The other important sector is power. Ratnamani's products find application in all types of power plants be it Thermal, Hydel or Nuclear. It is expected that during the 11th plan period (2007-12) there is going to be additions of 66,643 MW as under:
A tentative capacity addition of 66,643 MW is planned comprising of 17,189 MW of hydro, 46,114 MW of thermal (44,000 MW coal/lignite, 2,114 MW gas/LNG) and 3,200 MW of nuclear capacity.
This addition coupled with a potential of approx. 58000 MW from renewable energy sector, mainly wind energy would also be opening sizable demand for the ERW products. (Source: Central Electricity Authority/InWEA) .
With Gas pipelines costing close to Rs 3 crore per running kilometre, the overall investment and thus say overall demand for the Steel Pipes segment would be closer to Rs 71,000 crore spread over the period 2007-2011.
Could this segment be then considered a sun rise sector?
ICICI Holdings-The Power and Value of a Holding Company
ICICI Holdings - The future financial services behemoth
When it comes to scale, innovation and leadership, no bank has come close to ICICI Bank, India’s second largest bank.
It has caught the fancy of its customers, competitors, media and investors in its transformation from a Financial Institution to a retail focused ‘Universal Bank’. It is seen as one of the best proxies on India’s surging economy.
ICICI Bank has taken two major decisions recently which could have a bearing on its valuations.
It is forming a new subsidiary, ICICI Holdings which will be listed by end-2007, and transfer its investments at book value in ICICI Prudential Life Insurance Co., ICICI Lombard General Insurance, Prudential ICICI Asset Management Co. and Prudential ICICI Trust.
The subsidiary could be valued at Rs. 40,000 crores, out of which 70% is from the life insurance business. The bank is planning to raise Rs. 2,000 crores by divesting its 5% stake to foreign investors.
ICICI Prudential Life Insurance Company is the market leader in private sector life insurance, having 29% share amongst private players while ICICI Lombard General Insurance Company has a market share of 33% among private sector general insurance companies and overall market share of about 12%.
The asset management business is among the top 2 players in India with assets under management of over Rs 37,900 crores and net profit of Rs 48 crores. These subsidiaries are valued at around Rs. 200 per share.
ICICI Bank had earlier this year successfully concluded a Rs. 20,000 crore equity issue, biggest in India so far, by June/July 2007. Out of this Rs. 5200 crore was subscribed by domestic investors (since the FDI/FII cap is at 74%).
The motives for creating a separate company and raising funds are to create structure to generate capital, avoid regulatory roadblocks with the current holding structure and have better value through market-priced holding.
Also the revised RBI Basel II guidelines notifying that all banks have to maintain a minimum of Tier I capital of 6% and cannot take any benefits arising from lowering of risk weighting on the credit risk side prompted the move. With this ICICI Bank would be able to fulfill strong corporate and retail demand, and fund loan growth for upto 5 years.
When it comes to scale, innovation and leadership, no bank has come close to ICICI Bank, India’s second largest bank.
It has caught the fancy of its customers, competitors, media and investors in its transformation from a Financial Institution to a retail focused ‘Universal Bank’. It is seen as one of the best proxies on India’s surging economy.
ICICI Bank has taken two major decisions recently which could have a bearing on its valuations.
It is forming a new subsidiary, ICICI Holdings which will be listed by end-2007, and transfer its investments at book value in ICICI Prudential Life Insurance Co., ICICI Lombard General Insurance, Prudential ICICI Asset Management Co. and Prudential ICICI Trust.
The subsidiary could be valued at Rs. 40,000 crores, out of which 70% is from the life insurance business. The bank is planning to raise Rs. 2,000 crores by divesting its 5% stake to foreign investors.
ICICI Prudential Life Insurance Company is the market leader in private sector life insurance, having 29% share amongst private players while ICICI Lombard General Insurance Company has a market share of 33% among private sector general insurance companies and overall market share of about 12%.
The asset management business is among the top 2 players in India with assets under management of over Rs 37,900 crores and net profit of Rs 48 crores. These subsidiaries are valued at around Rs. 200 per share.
ICICI Bank had earlier this year successfully concluded a Rs. 20,000 crore equity issue, biggest in India so far, by June/July 2007. Out of this Rs. 5200 crore was subscribed by domestic investors (since the FDI/FII cap is at 74%).
The motives for creating a separate company and raising funds are to create structure to generate capital, avoid regulatory roadblocks with the current holding structure and have better value through market-priced holding.
Also the revised RBI Basel II guidelines notifying that all banks have to maintain a minimum of Tier I capital of 6% and cannot take any benefits arising from lowering of risk weighting on the credit risk side prompted the move. With this ICICI Bank would be able to fulfill strong corporate and retail demand, and fund loan growth for upto 5 years.
Tata Coffee-Can You Smell The Brew?
Could 2008 turn out to be the year of Tata Coffee? It could.
The largest private sector producer of Coffee, Black Pepper, White Pepper and Cardamom, Tata Coffee owns thousands of acres of rich, mountainous farmland in Coorg, India.
With 5000 tonnes of Coffee exports per annum, Tata Coffee is also the largest-grower exporter of Coffee in the country with tie-ups that include the up-country Starbucks.
Post Acquisition of the 8 "O" Clock Chain in the US, Tata Coffee is well equipped to satisfy the taste buds of the Americans. 7 out of 10 Americans are believed to be Coffee drinkers making the nation the largest Coffee drinking market in the World.
Investors would do well to realise that the next boom in Real Estate will feature agricultural communes and concerns like Tata Coffee with farmland and resorts in Coorg could be key beneficiaries.
The Federal Reserve cut both its federal funds rate and the discount window rate a generous half percentage point last Tuesday, in an effort to prop up a cratering U.S. real estate market, and to prevent the economy from slipping into recession.
At the same time, the Fed noted that, "Some inflation risks remain, and it will continue to monitor inflation developments carefully."
Heck, Fed Chairman Ben Bernanke doesn't need to look farther than his morning cup of coffee to see inflation at work. Prices are on the launch pad, up more than 6% just this past Monday!
In fact, just about everything in your morning breakfast is only going to get more expensive, as agricultural commodities, led by wheat and soybeans, get swept up in a rip-roaring bull market.
The good news is there are ways you can play the coming move that will perk up your portfolio with potential profits. I'll get to those in a bit. First …
What's Brewing Behind the
Scene in Coffee Beans?
Last week, the International Coffee Organization (ICO) upwardly revised its forecast of 2007-2008 global coffee consumption to at least 122 million bags, a rise of 1.4% from 120.3 million bags in 2006.
The ICO projected that coffee production would rise at the same time. However, that forecast depended on Brazil, the world's biggest producer, having a bumper crop.
On Monday, Brazil dropped a bombshell: It said its main coffee-growing region is suffering a severe drought, one that will likely hurt the harvest.
As a result, Brazil will reap 2.2 million metric tonnes of coffee this calendar year, down from 2.59 million in 2006, according to the Brazilian Institute of Geography and Statistics.
Brazil's coffee crop has gotten punished by uncooperative weather. Brazil produces both arabica and robusta coffee beans.
About two-thirds of the world's coffee is arabica, which is preferred by coffeehouse operators including Seattle-based Starbucks.
Robusta beans are used in instant coffee, espresso and low-cost blends.
To make matters worse, Vietnam, another big coffee producer, should see its harvest of robusta beans fall by about 3.2% to 18 million bags in the 2007-2008 crop year.
Add it all up, and you can see why coffee prices took off like a rocket on Monday.
Coffee isn't the only commodity that's roaring higher. Indeed, over the last month, it's only the ninth-best performing commodity!
Of course, there's one country I haven't mentioned yet …
China: Epicenter of an Economic Earthquake
That Is Reshaping Global Markets
China has seen its harvest hammered by drought. At the same time, its citizens are becoming more affluent and can afford to eat more and better food.
That's why, in just the first half of this year, food prices in China rose by an average of 7.6%, led by a 70% jump in the price of pork. Beef jumped 49% … fresh vegetables sprouted 22.5% higher … and eggs rose a sizzling 27.9%.
This isn't a one-month trend. This is a fundamental shift in global markets!
We're used to food prices being cheap, but now we're in competition with China, India and other emerging markets for the food on our tables. They have more and more of our money every day, and they will bid up the price of just about everything at the supermarket.
When you add in other NEW sources of demand — such as ethanol and other biofuels — you can see why prices could go much, much higher for a long time.
The smart money is starting to get interested. Commodity guru Jim Rogers has said that soft commodities are where the biggest gains will be made over the next five to 10 years.
And even Rogers could be playing it conservatively. Christopher Wyke, from fund manager Schroders, was recently quoted as saying …
"After coming out of a quarter-century bear market in agricultural and soft commodity prices, we are now at year one of a 20-year bull market."
How to Perk Up Your Own Profit Potential
With coffee prices percolating higher, you might want to buy one of the companies that will be brewing up profits.
Starbucks is the big daddy of coffee, of course, and with 13,000 coffee shops in more than 35 countries, the sun never sets on its revenue stream.
It will probably be able to pass along price hikes despite griping from consumers, because millions of its customers need their daily fix. And by some metrics, this king of the coffee shops still looks cheap.
Another taster's choice would be Green Mountain Roasters. It roasts about 100 varieties of arabica coffee, which it sells to more than 8,000 wholesale customers including supermarkets, convenience stores, and office coffee services.
And Finally it has to be Tata Coffee-the owners of the 8 "O" Clock chain in the US and a key ally of Starbucks.
The largest private sector producer of Coffee, Black Pepper, White Pepper and Cardamom, Tata Coffee owns thousands of acres of rich, mountainous farmland in Coorg, India.
With 5000 tonnes of Coffee exports per annum, Tata Coffee is also the largest-grower exporter of Coffee in the country with tie-ups that include the up-country Starbucks.
Post Acquisition of the 8 "O" Clock Chain in the US, Tata Coffee is well equipped to satisfy the taste buds of the Americans. 7 out of 10 Americans are believed to be Coffee drinkers making the nation the largest Coffee drinking market in the World.
Investors would do well to realise that the next boom in Real Estate will feature agricultural communes and concerns like Tata Coffee with farmland and resorts in Coorg could be key beneficiaries.
The Federal Reserve cut both its federal funds rate and the discount window rate a generous half percentage point last Tuesday, in an effort to prop up a cratering U.S. real estate market, and to prevent the economy from slipping into recession.
At the same time, the Fed noted that, "Some inflation risks remain, and it will continue to monitor inflation developments carefully."
Heck, Fed Chairman Ben Bernanke doesn't need to look farther than his morning cup of coffee to see inflation at work. Prices are on the launch pad, up more than 6% just this past Monday!
In fact, just about everything in your morning breakfast is only going to get more expensive, as agricultural commodities, led by wheat and soybeans, get swept up in a rip-roaring bull market.
The good news is there are ways you can play the coming move that will perk up your portfolio with potential profits. I'll get to those in a bit. First …
What's Brewing Behind the
Scene in Coffee Beans?
Last week, the International Coffee Organization (ICO) upwardly revised its forecast of 2007-2008 global coffee consumption to at least 122 million bags, a rise of 1.4% from 120.3 million bags in 2006.
The ICO projected that coffee production would rise at the same time. However, that forecast depended on Brazil, the world's biggest producer, having a bumper crop.
On Monday, Brazil dropped a bombshell: It said its main coffee-growing region is suffering a severe drought, one that will likely hurt the harvest.
As a result, Brazil will reap 2.2 million metric tonnes of coffee this calendar year, down from 2.59 million in 2006, according to the Brazilian Institute of Geography and Statistics.
Brazil's coffee crop has gotten punished by uncooperative weather. Brazil produces both arabica and robusta coffee beans.
About two-thirds of the world's coffee is arabica, which is preferred by coffeehouse operators including Seattle-based Starbucks.
Robusta beans are used in instant coffee, espresso and low-cost blends.
To make matters worse, Vietnam, another big coffee producer, should see its harvest of robusta beans fall by about 3.2% to 18 million bags in the 2007-2008 crop year.
Add it all up, and you can see why coffee prices took off like a rocket on Monday.
Coffee isn't the only commodity that's roaring higher. Indeed, over the last month, it's only the ninth-best performing commodity!
Of course, there's one country I haven't mentioned yet …
China: Epicenter of an Economic Earthquake
That Is Reshaping Global Markets
China has seen its harvest hammered by drought. At the same time, its citizens are becoming more affluent and can afford to eat more and better food.
That's why, in just the first half of this year, food prices in China rose by an average of 7.6%, led by a 70% jump in the price of pork. Beef jumped 49% … fresh vegetables sprouted 22.5% higher … and eggs rose a sizzling 27.9%.
This isn't a one-month trend. This is a fundamental shift in global markets!
We're used to food prices being cheap, but now we're in competition with China, India and other emerging markets for the food on our tables. They have more and more of our money every day, and they will bid up the price of just about everything at the supermarket.
When you add in other NEW sources of demand — such as ethanol and other biofuels — you can see why prices could go much, much higher for a long time.
The smart money is starting to get interested. Commodity guru Jim Rogers has said that soft commodities are where the biggest gains will be made over the next five to 10 years.
And even Rogers could be playing it conservatively. Christopher Wyke, from fund manager Schroders, was recently quoted as saying …
"After coming out of a quarter-century bear market in agricultural and soft commodity prices, we are now at year one of a 20-year bull market."
How to Perk Up Your Own Profit Potential
With coffee prices percolating higher, you might want to buy one of the companies that will be brewing up profits.
Starbucks is the big daddy of coffee, of course, and with 13,000 coffee shops in more than 35 countries, the sun never sets on its revenue stream.
It will probably be able to pass along price hikes despite griping from consumers, because millions of its customers need their daily fix. And by some metrics, this king of the coffee shops still looks cheap.
Another taster's choice would be Green Mountain Roasters. It roasts about 100 varieties of arabica coffee, which it sells to more than 8,000 wholesale customers including supermarkets, convenience stores, and office coffee services.
And Finally it has to be Tata Coffee-the owners of the 8 "O" Clock chain in the US and a key ally of Starbucks.
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A Cut in US Interest Rates will lead to a Weak Dollar
Last week, Former Fed Chairman Greenspan declared that the ongoing credit crunch is "identical" to the crisis of 1998 — when Russia defaulted on its debt and the giant hedge fund Long-Term Capital Management came to the brink of collapse.
I disagree. It's actually a lot worse.
The primary source of today's crisis — the mortgage meltdown in the U.S. — is far larger than the source of the crisis in 1998.
The number of hedge funds and other institutions involved is hundreds of times greater.
Most important, in my view, the borrowing of low-interest Japanese yen to buy high-risk investments (the "yen carry trade") is many times larger.
And now, it seems U.S. Treasury Secretary Hank Paulson shares my view. Indeed, this week Paulson warned that:
We have a severe crisis of confidence in credit markets.
It is likely to last longer than previous financial shocks of the past two decades.
It could even last longer than the turmoil that followed the 1998 crisis or Latin American debt crisis of the 1980s!
Good. At least someone besides us realizes this isn't an isolated pain that a couple aspirin can alleviate. And fortunately, your portfolio doesn't have to just lie there suffering. There are plenty of profits to be made as long as you know where to look.
One of my favorite vehicles: Japan's currency, the yen. Let me explain why …
Dust Off Your "De Lore-Yen,"
We're Going Back in Time!
Let's step back in time to 1997-1998, focusing on the Asian Financial Crisis.
That's sparked one of the greatest and sharpest rises of any major currency in modern history — the yen was up 20% in just one month, and much more as the year progressed.
I showed you this chart in Money and Markets two weeks ago … and I don't want you to forget it.
Reason: I have a feeling we could see a move of similar (or even greater) proportions very soon.
What was the big force behind the yen's powerful surge back then?
It wasn't economic growth — the Japanese economy was still suffering from an on-again-off- again recession that began earlier in the decade.
And it certainly wasn't the attraction of high interest rates, in as much as the Bank of Japan had been pushing rates sharply lower, maintaining a zero-interest rate policy.
Rather, the yen surged during the Asian Financial Crisis because of a surging worldwide aversion to RISK!
Let me explain.
In the 1990s, Japan slashed its interest rates practically to zero. So investors in the U.S. and elsewhere got the brilliant idea that they could …
Borrow Japanese yen at lower interest rates …
Convert them into dollars or other currencies …
Invest in higher-yielding, higher-risk instruments, and …
Make a fortune!
That's the "yen carry trade" — using borrowed yen to finance your investments in dollars and other currencies. And back in 1998, close to $140 billion was involved in this transaction.
But as soon as the crisis hit, investors scrambled to reverse the transaction:
They started losing a fortune on their higher-risk investments in the U.S. and elsewhere.
They rushed to sell them …
They bought Japanese yen to pay back the money they had borrowed from Japan, and …
They drove the value of the Japanese yen through the roof!
That's why the yen surged 20% in just one month. That's the powerful force that created one of the greatest moves in currency of all time.
Back to the Present
Now, I expect the same thing to happen again this time around, and possibly on a much larger scale.
Not only is the credit crunch bigger and longer lasting, as Treasury Secretary Paulson himself said this week. But the amount of money involved in the yen carry trade — estimated at $1 trillion or more — is about seven times greater.
Plus, there's another side of the story no one seems to be telling:
Japanese Investors Themselves Are Getting Scared, So
Many Are Repatriating Their Money Invested Overseas
U.S. and other international investors aren't the only ones who have hopped on the carry-trade bandwagon. Domestic investors in Japan are also a big part of this phenomenon: They've been just as quick as anyone else to borrow yen and invest it outside the Japanese archipelago.
Few analysts have paid much attention to this side of the story, perhaps because Japanese investors have typically been slower to run from their overseas investments. But that could be changing very quickly.
A catalyst: Just this week, Japanese Prime Minister Shinzo Abe resigned after his Liberal Democratic party was defeated in elections for the Upper House.
That leaves Japanese investors wondering if their government will now have trouble supporting the economy. Enough of a shock to alter the risk-appetite among investors in Japan? You bet!
In fact, that trend may have already been under way well before Abe's resignation. According to data from Japan's Ministry of Finance, Japanese residents sold more foreign equities than they purchased — to the tune of 273.3 billion yen — this past July. Then, in August, sales of foreign bonds outpaced purchases by more than 690 billion yen.
Year to date, Japanese residents are also net sellers when it comes to transactions in international securities, quite a departure from the prior two years when the Japanese were largely net purchasers.
And remember: When the Japanese (or anyone else) are investing in foreign securities with yen, they have to sell their yen to convert into a foreign currency, driving its price down. So all their overseas investing in recent years contributed to yen weakness.
Conversely, now it's the opposite: When they unload their foreign investments, they have to buy yen to bring their money back home, driving the yen's value up. And all this money repatriation by the Japanese is another big factor that should contribute to yen strength.
There's a pattern emerging: As risk continues to find its way back into global financial markets, we could see the floodgates open and a tidal wave of investors all over the world rush to buy yen.
The net result: Don't be surprised to see a yen surge that rivals — or exceeds — its massive rise of 1998.
I disagree. It's actually a lot worse.
The primary source of today's crisis — the mortgage meltdown in the U.S. — is far larger than the source of the crisis in 1998.
The number of hedge funds and other institutions involved is hundreds of times greater.
Most important, in my view, the borrowing of low-interest Japanese yen to buy high-risk investments (the "yen carry trade") is many times larger.
And now, it seems U.S. Treasury Secretary Hank Paulson shares my view. Indeed, this week Paulson warned that:
We have a severe crisis of confidence in credit markets.
It is likely to last longer than previous financial shocks of the past two decades.
It could even last longer than the turmoil that followed the 1998 crisis or Latin American debt crisis of the 1980s!
Good. At least someone besides us realizes this isn't an isolated pain that a couple aspirin can alleviate. And fortunately, your portfolio doesn't have to just lie there suffering. There are plenty of profits to be made as long as you know where to look.
One of my favorite vehicles: Japan's currency, the yen. Let me explain why …
Dust Off Your "De Lore-Yen,"
We're Going Back in Time!
Let's step back in time to 1997-1998, focusing on the Asian Financial Crisis.
That's sparked one of the greatest and sharpest rises of any major currency in modern history — the yen was up 20% in just one month, and much more as the year progressed.
I showed you this chart in Money and Markets two weeks ago … and I don't want you to forget it.
Reason: I have a feeling we could see a move of similar (or even greater) proportions very soon.
What was the big force behind the yen's powerful surge back then?
It wasn't economic growth — the Japanese economy was still suffering from an on-again-off- again recession that began earlier in the decade.
And it certainly wasn't the attraction of high interest rates, in as much as the Bank of Japan had been pushing rates sharply lower, maintaining a zero-interest rate policy.
Rather, the yen surged during the Asian Financial Crisis because of a surging worldwide aversion to RISK!
Let me explain.
In the 1990s, Japan slashed its interest rates practically to zero. So investors in the U.S. and elsewhere got the brilliant idea that they could …
Borrow Japanese yen at lower interest rates …
Convert them into dollars or other currencies …
Invest in higher-yielding, higher-risk instruments, and …
Make a fortune!
That's the "yen carry trade" — using borrowed yen to finance your investments in dollars and other currencies. And back in 1998, close to $140 billion was involved in this transaction.
But as soon as the crisis hit, investors scrambled to reverse the transaction:
They started losing a fortune on their higher-risk investments in the U.S. and elsewhere.
They rushed to sell them …
They bought Japanese yen to pay back the money they had borrowed from Japan, and …
They drove the value of the Japanese yen through the roof!
That's why the yen surged 20% in just one month. That's the powerful force that created one of the greatest moves in currency of all time.
Back to the Present
Now, I expect the same thing to happen again this time around, and possibly on a much larger scale.
Not only is the credit crunch bigger and longer lasting, as Treasury Secretary Paulson himself said this week. But the amount of money involved in the yen carry trade — estimated at $1 trillion or more — is about seven times greater.
Plus, there's another side of the story no one seems to be telling:
Japanese Investors Themselves Are Getting Scared, So
Many Are Repatriating Their Money Invested Overseas
U.S. and other international investors aren't the only ones who have hopped on the carry-trade bandwagon. Domestic investors in Japan are also a big part of this phenomenon: They've been just as quick as anyone else to borrow yen and invest it outside the Japanese archipelago.
Few analysts have paid much attention to this side of the story, perhaps because Japanese investors have typically been slower to run from their overseas investments. But that could be changing very quickly.
A catalyst: Just this week, Japanese Prime Minister Shinzo Abe resigned after his Liberal Democratic party was defeated in elections for the Upper House.
That leaves Japanese investors wondering if their government will now have trouble supporting the economy. Enough of a shock to alter the risk-appetite among investors in Japan? You bet!
In fact, that trend may have already been under way well before Abe's resignation. According to data from Japan's Ministry of Finance, Japanese residents sold more foreign equities than they purchased — to the tune of 273.3 billion yen — this past July. Then, in August, sales of foreign bonds outpaced purchases by more than 690 billion yen.
Year to date, Japanese residents are also net sellers when it comes to transactions in international securities, quite a departure from the prior two years when the Japanese were largely net purchasers.
And remember: When the Japanese (or anyone else) are investing in foreign securities with yen, they have to sell their yen to convert into a foreign currency, driving its price down. So all their overseas investing in recent years contributed to yen weakness.
Conversely, now it's the opposite: When they unload their foreign investments, they have to buy yen to bring their money back home, driving the yen's value up. And all this money repatriation by the Japanese is another big factor that should contribute to yen strength.
There's a pattern emerging: As risk continues to find its way back into global financial markets, we could see the floodgates open and a tidal wave of investors all over the world rush to buy yen.
The net result: Don't be surprised to see a yen surge that rivals — or exceeds — its massive rise of 1998.
A Dollar decline will be positive for Third World Stocks
In the last few years, many U.S. investors have begun pouring money into global mutual funds, and they think they're getting great diversification.
However, many of the funds receiving the biggest inflows are about as authentically foreign as an Italian meal at the Olive Garden!
Here's why:
A lot of so-called "global" mutual funds have only 30% or 40% of their portfolios in foreign investments. Plus, many "emerging market" funds are heavily concentrated in mega-cap multinational companies that have huge U.S. businesses.
So these funds could suffer grievously when the U.S. economy sputters.
I'd like to take this a step further …
The typical U.S. investor considers foreign stocks and bonds to be extremely risky. So they allocate perhaps 5% or 10% of their holdings to international investments. In contrast, my colleagues and I believe the vast majority of investment risks are currently found in the U.S.
As a result, we recommend investors allocate at least 90% of their portfolios to non-dollar-denomina ted assets!
If you've been steeped in the rhetoric of Washington and Wall Street, that might sound extreme. But when you consider the current realities of the global economy, then I think you'll agree that our suggested approach is not at all risky, extreme, or as some would even argue, unpatriotic.
The Typical Foreign Stock Has Better
Fundamentals, a Superior Yield, and a
Lower Valuation than its Domestic Counterpart.
Plus It Protects You Against a Declining Dollar.
We believe that the growing imbalances in the U.S. … its twin budget and current account deficits … its lack of domestic savings … and the erosion of its industrial base … have now reached a tipping point.
In our view, the dollar will have to decline substantially in value, perhaps as much as 50% or 75%. The principal factor that has prevented this from happening already is the unprecedented currency intervention of foreign central banks.
When this crutch is removed, and one day it will be, the dollar will fall hard. We do not celebrate this trend, but we do recognize it as an intractable force.
Some assume that a declining dollar is only a problem for those Americans who vacation abroad. What they don't realize is that a weakening greenback will also raise the cost of living right here in the U.S.
A falling dollar will not only limit the amount of goods flowing into the U.S., but also increase the share of U.S.-produced goods and services flowing overseas (as foreigners outbid Americans). The drop in supply means that prices will rise in real terms.
Buying foreign shares can help you prepare for that scenario, because you'll be setting yourself up for higher current income.
Moreover, we believe this rise in income will occur precisely at a time when income from other sources, such as wages, stock price appreciation, and home equity extractions becomes increasingly hard to come by.
We are not alone in our view that the greenback will fall, either. Former Fed Chairman Paul Volker, PIMCO Bond specialist Bill Gross, and legendary investor Warren Buffett have all sounded the same warning.
In fact, Buffett is positioning his own portfolio for that day. His holding firm, Berkshire Hathaway, recently paid $4 billion to purchase Israeli metalworking firm Iscar.
Mr. Buffet expressly stated that he made the purchase because Iscar had a low valuation, generous cash flow, and generated almost all of its income from non-dollar sources!
So, how can you practice what Mr. Buffett preaches?
In short, we think a non-dollar-denomina ted investment portfolio will be the deciding factor in maintaining your current lifestyle.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
However, many of the funds receiving the biggest inflows are about as authentically foreign as an Italian meal at the Olive Garden!
Here's why:
A lot of so-called "global" mutual funds have only 30% or 40% of their portfolios in foreign investments. Plus, many "emerging market" funds are heavily concentrated in mega-cap multinational companies that have huge U.S. businesses.
So these funds could suffer grievously when the U.S. economy sputters.
I'd like to take this a step further …
The typical U.S. investor considers foreign stocks and bonds to be extremely risky. So they allocate perhaps 5% or 10% of their holdings to international investments. In contrast, my colleagues and I believe the vast majority of investment risks are currently found in the U.S.
As a result, we recommend investors allocate at least 90% of their portfolios to non-dollar-denomina ted assets!
If you've been steeped in the rhetoric of Washington and Wall Street, that might sound extreme. But when you consider the current realities of the global economy, then I think you'll agree that our suggested approach is not at all risky, extreme, or as some would even argue, unpatriotic.
The Typical Foreign Stock Has Better
Fundamentals, a Superior Yield, and a
Lower Valuation than its Domestic Counterpart.
Plus It Protects You Against a Declining Dollar.
We believe that the growing imbalances in the U.S. … its twin budget and current account deficits … its lack of domestic savings … and the erosion of its industrial base … have now reached a tipping point.
In our view, the dollar will have to decline substantially in value, perhaps as much as 50% or 75%. The principal factor that has prevented this from happening already is the unprecedented currency intervention of foreign central banks.
When this crutch is removed, and one day it will be, the dollar will fall hard. We do not celebrate this trend, but we do recognize it as an intractable force.
Some assume that a declining dollar is only a problem for those Americans who vacation abroad. What they don't realize is that a weakening greenback will also raise the cost of living right here in the U.S.
A falling dollar will not only limit the amount of goods flowing into the U.S., but also increase the share of U.S.-produced goods and services flowing overseas (as foreigners outbid Americans). The drop in supply means that prices will rise in real terms.
Buying foreign shares can help you prepare for that scenario, because you'll be setting yourself up for higher current income.
Moreover, we believe this rise in income will occur precisely at a time when income from other sources, such as wages, stock price appreciation, and home equity extractions becomes increasingly hard to come by.
We are not alone in our view that the greenback will fall, either. Former Fed Chairman Paul Volker, PIMCO Bond specialist Bill Gross, and legendary investor Warren Buffett have all sounded the same warning.
In fact, Buffett is positioning his own portfolio for that day. His holding firm, Berkshire Hathaway, recently paid $4 billion to purchase Israeli metalworking firm Iscar.
Mr. Buffet expressly stated that he made the purchase because Iscar had a low valuation, generous cash flow, and generated almost all of its income from non-dollar sources!
So, how can you practice what Mr. Buffett preaches?
In short, we think a non-dollar-denomina ted investment portfolio will be the deciding factor in maintaining your current lifestyle.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
Earn From Your Website or Blog
Do you have a website or do you plan to build one and do not know how you can make money from it ? Well Google has introduced a really great opportunity for small, medium and large web sites to earn quite a lot of money. Just go through the rest of this site to know what this opportunity means for you.
What is Adsense ?
Adsense is a break through idea from Google, that allows the owners of small, medium websites to earn money from there websites without worrying about finding advertisers and all. If you decide to participate in adsense then google puts some ads on your page and every time a user clicks on the ad you get paid.
Simple ?? Yeah it is really simple.
So How Does it work ?
When you go to Google and do any search then you can see some ads on the right hand side. These are paid ads i.e. the advertiser pays to google for that ad. Now with adsense even you can show those ads on your page and get paid by google a fraction of what it gets.
How Much Can I Earn ?
No one knows for sure and it depends upon a lot of things. Like how much traffic your site gets. How much the advertisers pay google for the advertisements and so on. Anyway it is reported that some people earn as much as 0.5$ per click. Great ??
What Will I Have To Spend
ABSOLUTELY NOTHING !!!!!!!!. Google does not charge anything for the service and there are a lot of free hosts out there where you can put up your site. However it is essential that you confirm to Google's rules to be accepted. This site is built to help you achieve that only.
That Is Too Good To Be True !
Yes it is too good but it is true. Look at this site for example. Every time you click on any of these ads I earn. Every time you do a search in the google search boxes and click an ad, I earn. And I earn a lot, else I will not spend such a lot of time maintaining this site.
Good Luck And Start Earning
What is Adsense ?
Adsense is a break through idea from Google, that allows the owners of small, medium websites to earn money from there websites without worrying about finding advertisers and all. If you decide to participate in adsense then google puts some ads on your page and every time a user clicks on the ad you get paid.
Simple ?? Yeah it is really simple.
So How Does it work ?
When you go to Google and do any search then you can see some ads on the right hand side. These are paid ads i.e. the advertiser pays to google for that ad. Now with adsense even you can show those ads on your page and get paid by google a fraction of what it gets.
How Much Can I Earn ?
No one knows for sure and it depends upon a lot of things. Like how much traffic your site gets. How much the advertisers pay google for the advertisements and so on. Anyway it is reported that some people earn as much as 0.5$ per click. Great ??
What Will I Have To Spend
ABSOLUTELY NOTHING !!!!!!!!. Google does not charge anything for the service and there are a lot of free hosts out there where you can put up your site. However it is essential that you confirm to Google's rules to be accepted. This site is built to help you achieve that only.
That Is Too Good To Be True !
Yes it is too good but it is true. Look at this site for example. Every time you click on any of these ads I earn. Every time you do a search in the google search boxes and click an ad, I earn. And I earn a lot, else I will not spend such a lot of time maintaining this site.
Good Luck And Start Earning
Peter Lynch Investment Strategies
Peter Lynch is one of the best fund managers in the world and presented are some of the key learnings from his investment style and ideas.
Small Market capitalized companies -
Lynch loved small emerging businesses with strong balance sheets,. His extraordinary returns in La Quinta Inns came at a time when the company was in the initial years of development He argued "Big companies don't have big stock moves you’ll get your biggest moves in smaller companies."
Fast growers
- Among Lynch's favorites are companies whose sales and earnings are expanding 20% to 30% a year. He cautions investors from looking at companies that grow more then 30% every year. Companies growing at 50% to 100% are bound to falter and crack. It is therefore imperative to view very high growth ideas with a sense of suspicion.
Dull names, dull products, dead industry
- Lynch loved good managements in simple mundane, colorless businesses. His arguments were that nobody creates excess capacity in dull boring industries and when you can find a winner there it makes sense to jump in.
Lynch was the proponent of the PEG theory. As long as the PE of a company was lower then the growth rate that it expected to generate Lynch would have advocated a buy on the stock.
Small Market capitalized companies -
Lynch loved small emerging businesses with strong balance sheets,. His extraordinary returns in La Quinta Inns came at a time when the company was in the initial years of development He argued "Big companies don't have big stock moves you’ll get your biggest moves in smaller companies."
Fast growers
- Among Lynch's favorites are companies whose sales and earnings are expanding 20% to 30% a year. He cautions investors from looking at companies that grow more then 30% every year. Companies growing at 50% to 100% are bound to falter and crack. It is therefore imperative to view very high growth ideas with a sense of suspicion.
Dull names, dull products, dead industry
- Lynch loved good managements in simple mundane, colorless businesses. His arguments were that nobody creates excess capacity in dull boring industries and when you can find a winner there it makes sense to jump in.
Lynch was the proponent of the PEG theory. As long as the PE of a company was lower then the growth rate that it expected to generate Lynch would have advocated a buy on the stock.
Peter Lynch Investment Strategies
Peter Lynch is one of the best fund managers in the world and presented are some of the key learnings from his investment style and ideas.
Small Market capitalized companies -
Lynch loved small emerging businesses with strong balance sheets,. His extraordinary returns in La Quinta Inns came at a time when the company was in the initial years of development He argued "Big companies don't have big stock moves you’ll get your biggest moves in smaller companies."
Fast growers
- Among Lynch's favorites are companies whose sales and earnings are expanding 20% to 30% a year. He cautions investors from looking at companies that grow more then 30% every year. Companies growing at 50% to 100% are bound to falter and crack. It is therefore imperative to view very high growth ideas with a sense of suspicion.
Dull names, dull products, dead industry
- Lynch loved good managements in simple mundane, colorless businesses. His arguments were that nobody creates excess capacity in dull boring industries and when you can find a winner there it makes sense to jump in.
Lynch was the proponent of the PEG theory. As long as the PE of a company was lower then the growth rate that it expected to generate Lynch would have advocated a buy on the stock.
Small Market capitalized companies -
Lynch loved small emerging businesses with strong balance sheets,. His extraordinary returns in La Quinta Inns came at a time when the company was in the initial years of development He argued "Big companies don't have big stock moves you’ll get your biggest moves in smaller companies."
Fast growers
- Among Lynch's favorites are companies whose sales and earnings are expanding 20% to 30% a year. He cautions investors from looking at companies that grow more then 30% every year. Companies growing at 50% to 100% are bound to falter and crack. It is therefore imperative to view very high growth ideas with a sense of suspicion.
Dull names, dull products, dead industry
- Lynch loved good managements in simple mundane, colorless businesses. His arguments were that nobody creates excess capacity in dull boring industries and when you can find a winner there it makes sense to jump in.
Lynch was the proponent of the PEG theory. As long as the PE of a company was lower then the growth rate that it expected to generate Lynch would have advocated a buy on the stock.
Key Srategies of Warren Buffett
Be focused and buy concentrated portfolios – they perform better. Buying two stocks in every sector will help you create a zoo not a portfolio. A person who diversifies is the one who is unsure of his investments. Buffet once put about half of his wealth in a single stock “American Express” when he believed that the company was into a one off problem.
Buy what you see and understand. Buffet never bought a single technology company in spite of being a very good friend of Bill Gates.
Buy businesses not stocks. Buffet advocates investors to be and think like passive a owner of that business.
Understand the Margin of Safety and the Circle of competence.
These are Buffet's favourite words. Do not be a jack-of-all-trades buy stocks of businesses that you understand.
Buy what you see and understand. Buffet never bought a single technology company in spite of being a very good friend of Bill Gates.
Buy businesses not stocks. Buffet advocates investors to be and think like passive a owner of that business.
Understand the Margin of Safety and the Circle of competence.
These are Buffet's favourite words. Do not be a jack-of-all-trades buy stocks of businesses that you understand.
Investment Guru-Warren Buffett
There was a one hour interview on CNBC with Warren Buffet, the second
richest man who has donated $31 billion to charity. Here are some very
interesting aspects :
1)He bought his first share at age 11 and he now regrets that he
started too late!
2)He bought a small farm at age 14 with savings from delivering
newspapers.
3)He still lives in the same small 3 bedroom house in mid-town Omaha,that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a
fence.
4) He drives his own car everywhere and does not have a driver or
security people around him.
5)He never travels by private jet, although he owns the world's largest private jet company.
6)His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for
the year. He never holds meetings or calls them on a regular basis.
7) He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money. Rule number 2: Do not forget rule number 1.
8)He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates
met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10)Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11)His advice to young people: Stay away from credit cards and invest in yourself.
richest man who has donated $31 billion to charity. Here are some very
interesting aspects :
1)He bought his first share at age 11 and he now regrets that he
started too late!
2)He bought a small farm at age 14 with savings from delivering
newspapers.
3)He still lives in the same small 3 bedroom house in mid-town Omaha,that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a
fence.
4) He drives his own car everywhere and does not have a driver or
security people around him.
5)He never travels by private jet, although he owns the world's largest private jet company.
6)His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for
the year. He never holds meetings or calls them on a regular basis.
7) He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money. Rule number 2: Do not forget rule number 1.
8)He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates
met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10)Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11)His advice to young people: Stay away from credit cards and invest in yourself.
Investment Guru-Warren Buffett
There was a one hour interview on CNBC with Warren Buffet, the second
richest man who has donated $31 billion to charity. Here are some very
interesting aspects :
1)He bought his first share at age 11 and he now regrets that he
started too late!
2)He bought a small farm at age 14 with savings from delivering
newspapers.
3)He still lives in the same small 3 bedroom house in mid-town Omaha,that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a
fence.
4) He drives his own car everywhere and does not have a driver or
security people around him.
5)He never travels by private jet, although he owns the world's largest private jet company.
6)His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for
the year. He never holds meetings or calls them on a regular basis.
7) He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money. Rule number 2: Do not forget rule number 1.
8)He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates
met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10)Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11)His advice to young people: Stay away from credit cards and invest in yourself.
richest man who has donated $31 billion to charity. Here are some very
interesting aspects :
1)He bought his first share at age 11 and he now regrets that he
started too late!
2)He bought a small farm at age 14 with savings from delivering
newspapers.
3)He still lives in the same small 3 bedroom house in mid-town Omaha,that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a
fence.
4) He drives his own car everywhere and does not have a driver or
security people around him.
5)He never travels by private jet, although he owns the world's largest private jet company.
6)His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for
the year. He never holds meetings or calls them on a regular basis.
7) He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money. Rule number 2: Do not forget rule number 1.
8)He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates
met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10)Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11)His advice to young people: Stay away from credit cards and invest in yourself.
Mutual funds for your child
Rarely have we seen a time when parents were overwhelmed with so many investment options to help them plan for their children's future. It is equally true that often parents find themselves so preoccupied that they can't seem to find time to manage their own commitments, let alone plan for their children's education and marriage among other events. That is why it is important that they get some professional help. This is where mutual funds come in.
Put simply, mutual funds hire the services of a professional money manager to invest on behalf of a group of individuals. The individuals pool in their savings and leave it to the fund manager to manage their money in an optimal manner. Individuals can go about their work as usual, content in the knowledge that there is professional help at hand.
Mutual funds have much to offer to parents. Consider this - you have office work to complete, household work to do, children's homework to help with and whole lot of other social and personal commitments to take care of. In the middle of all this, where is the time to invest for your child's education or marriage or business?
Say hello to child plans/funds. We mentioned that mutual funds invest on behalf of individuals to achieve a pre-determined objective. For many investors, this objective is planning for a house, retirement, an overseas trip, parking surplus money. For parents, this objective can be 'planning for child's education or marriage or seed capital for his/her business'.
Parents must note some peculiar feature of child funds. These features tell parents exactly what makes these funds tick. It gives them a reason to consider these plans for building a corpus for their children's future.
Investment objective
The good news for parents is that there is common ground between their objectives and the objectives of child funds. Child funds are launched with the explicit objective of helping parents build a corpus. Sample this - Principal Child Benefit's investment objective reads - 'To generate regular returns and/or capital appreciation/accretion with the aim of giving lumpsum capital growth at the end of the chosen target period or otherwise to the Beneficiary (child).'
Even more explicit is UTI Children Career Plan's investment objective - 'to provide children after they attain the age of 18 years a means to receive scholarship to meet the cost of higher education and/or to help them in setting up a profession, practice or business or enabling them to set up a home or finance the cost of other social obligation.'
Asset allocation
Although most child funds take on a degree of risk by investing in stock markets, they are relatively less risky compared to diversified equity funds that can invest upto 100% of their assets in equities. They are relatively less risky because fund houses have taken adequate measures to ensure that child funds are managed conservatively.
The most important measure adopted by fund houses is to cap the equity investments at a reasonable level. Most of them have capped the equity weightage of the portfolio at varying levels, usually not exceeding 70 per cent of the net assets.
These funds have the flexibility to invest in equity and debt markets depending on the fund manager's view on these markets. These funds work like asset allocation plans allowing the fund manager to shift across asset classes so as to maximise returns for the investor.
For instance, in an equity fund, the fund manager is usually compelled to remain completely invested in equities even when stock markets appear overvalued and therefore poised for a correction. But a child fund with a cap on the equity component can always shift a portion of its assets in debt when the going gets rough.
On the same lines when equity markets are overvalued, the fund manager can shift a portion of his assets to debt so as to capture gains. When equity markets decline, he can add to the equity component. By smartly allocating assets across debt and equities, he can ensure that he enters low and exits high, the cornerstone of a successful investment strategy
Lock-in
We mentioned that fund houses make provisions to ensure that the risk associated with child funds is controlled. One way to lower the risk of equities is to make long-term investments. Over the short-term equities are the riskiest assets; over the long-term, if you tread wisely, they can generate the best risk adjusted returns for you. That is just what fund houses do; they give the fund manager the time and flexibility to make really long-term investments in the child fund. For that, they have what is commonly referred to as a lock-in period.
If you are an investor in public provident fund and National Savings Certificate then you already know what a lock-in period means. In fact, fixed deposit investors are equally aware of this term. Only difference is that child funds have an equity flavour, while NSC, PPF and FDs are debt instruments.
Reason why it makes imminent sense for equities to have a lock-in is because they demonstrate their potential over the long-term (at least 3 years in our view). When the fund manager is certain that he can invest the money for a longer period of time without being concerned about the investor standing outside his office demanding his money, he can make more prudent investments that stand a good chance of making money over the long-term.
For parents, who want to build a corpus for their children over the long-term, a lock-in must be seen as an ally for two reasons. One, it enables the fund manager to make investments that are in the investor's long-term interests. Second, it acts as a deterrent for the parent from making premature withdrawals.
As parents will appreciate, child funds have a lot of features working for them. Even if some of these features appear restrictive in nature (cap on equity investments, lock-in period) remember over the long-term they work to the parent's benefit. They instill discipline and have the potential to generate a corpus for the child, and in the final analysis that is all that matters.
Put simply, mutual funds hire the services of a professional money manager to invest on behalf of a group of individuals. The individuals pool in their savings and leave it to the fund manager to manage their money in an optimal manner. Individuals can go about their work as usual, content in the knowledge that there is professional help at hand.
Mutual funds have much to offer to parents. Consider this - you have office work to complete, household work to do, children's homework to help with and whole lot of other social and personal commitments to take care of. In the middle of all this, where is the time to invest for your child's education or marriage or business?
Say hello to child plans/funds. We mentioned that mutual funds invest on behalf of individuals to achieve a pre-determined objective. For many investors, this objective is planning for a house, retirement, an overseas trip, parking surplus money. For parents, this objective can be 'planning for child's education or marriage or seed capital for his/her business'.
Parents must note some peculiar feature of child funds. These features tell parents exactly what makes these funds tick. It gives them a reason to consider these plans for building a corpus for their children's future.
Investment objective
The good news for parents is that there is common ground between their objectives and the objectives of child funds. Child funds are launched with the explicit objective of helping parents build a corpus. Sample this - Principal Child Benefit's investment objective reads - 'To generate regular returns and/or capital appreciation/accretion with the aim of giving lumpsum capital growth at the end of the chosen target period or otherwise to the Beneficiary (child).'
Even more explicit is UTI Children Career Plan's investment objective - 'to provide children after they attain the age of 18 years a means to receive scholarship to meet the cost of higher education and/or to help them in setting up a profession, practice or business or enabling them to set up a home or finance the cost of other social obligation.'
Asset allocation
Although most child funds take on a degree of risk by investing in stock markets, they are relatively less risky compared to diversified equity funds that can invest upto 100% of their assets in equities. They are relatively less risky because fund houses have taken adequate measures to ensure that child funds are managed conservatively.
The most important measure adopted by fund houses is to cap the equity investments at a reasonable level. Most of them have capped the equity weightage of the portfolio at varying levels, usually not exceeding 70 per cent of the net assets.
These funds have the flexibility to invest in equity and debt markets depending on the fund manager's view on these markets. These funds work like asset allocation plans allowing the fund manager to shift across asset classes so as to maximise returns for the investor.
For instance, in an equity fund, the fund manager is usually compelled to remain completely invested in equities even when stock markets appear overvalued and therefore poised for a correction. But a child fund with a cap on the equity component can always shift a portion of its assets in debt when the going gets rough.
On the same lines when equity markets are overvalued, the fund manager can shift a portion of his assets to debt so as to capture gains. When equity markets decline, he can add to the equity component. By smartly allocating assets across debt and equities, he can ensure that he enters low and exits high, the cornerstone of a successful investment strategy
Lock-in
We mentioned that fund houses make provisions to ensure that the risk associated with child funds is controlled. One way to lower the risk of equities is to make long-term investments. Over the short-term equities are the riskiest assets; over the long-term, if you tread wisely, they can generate the best risk adjusted returns for you. That is just what fund houses do; they give the fund manager the time and flexibility to make really long-term investments in the child fund. For that, they have what is commonly referred to as a lock-in period.
If you are an investor in public provident fund and National Savings Certificate then you already know what a lock-in period means. In fact, fixed deposit investors are equally aware of this term. Only difference is that child funds have an equity flavour, while NSC, PPF and FDs are debt instruments.
Reason why it makes imminent sense for equities to have a lock-in is because they demonstrate their potential over the long-term (at least 3 years in our view). When the fund manager is certain that he can invest the money for a longer period of time without being concerned about the investor standing outside his office demanding his money, he can make more prudent investments that stand a good chance of making money over the long-term.
For parents, who want to build a corpus for their children over the long-term, a lock-in must be seen as an ally for two reasons. One, it enables the fund manager to make investments that are in the investor's long-term interests. Second, it acts as a deterrent for the parent from making premature withdrawals.
As parents will appreciate, child funds have a lot of features working for them. Even if some of these features appear restrictive in nature (cap on equity investments, lock-in period) remember over the long-term they work to the parent's benefit. They instill discipline and have the potential to generate a corpus for the child, and in the final analysis that is all that matters.
Dairies: On the Cusp of a Milk Revolution
Large retail companies, the likes of Reliance and Bharti Wal-Mart are likely to drive the next round of changes in the Rs 2,27,340-crore Indian dairy industry. We see the beginning of a new phase of consolidation and knowledge upgradation in the sector. It is possible that in the initial phase retailers may target farmers, who already supply to cooperatives, for sourcing tie-ups.
However, in the long run the real benefit, of organised retail’s entry into dairying, should flow to those small and marginal dairy farmers who are outside the ambit of the cooperative movement. Of the 70 million farmers engaged in dairy farming across 5 lakh villages, the cooperative network covers only 12 million farmers in 1.15 lakh villages.
Indeed, the organised sector handles and processes only 18% of the milk produced in the country. This is one reason why the average productivity of the animals is abysmally low. The average daily production of milk in India is 1.5 litres per animal. In comparison, the average daily animal yield in areas covered by Operation Flood — largely the area under cooperative movement — is 6.4 litres for a cross-bred cow, 1.9 litres for an indigenous cow and 4.2 litres for a buffalo.
Clearly, the scope for intervention, if only to raise productivity, is immense. For instance, crossbreeding of cows over the past four decades has enhanced the yield of indigenous cattlestock. Supplementing crop residue and other fodder, too, has raised per animal milk output.
The private sector retailers, with their financial strength and organisational skills, should look beyond the existing cooperatives. The effort should be to organise a large proportion of the 58 million dairy farmers who are outside the cooperative movement into a formal network.
This would require the companies to set up collection and processing centres in the hinterlands. In addition, they would need to work with the farmers on crossbreeding, cattle health and nutrition to ensure milk productivity rises. More importantly, farmers need to be adequately compensated to make dairy farming a sound proposition.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
However, in the long run the real benefit, of organised retail’s entry into dairying, should flow to those small and marginal dairy farmers who are outside the ambit of the cooperative movement. Of the 70 million farmers engaged in dairy farming across 5 lakh villages, the cooperative network covers only 12 million farmers in 1.15 lakh villages.
Indeed, the organised sector handles and processes only 18% of the milk produced in the country. This is one reason why the average productivity of the animals is abysmally low. The average daily production of milk in India is 1.5 litres per animal. In comparison, the average daily animal yield in areas covered by Operation Flood — largely the area under cooperative movement — is 6.4 litres for a cross-bred cow, 1.9 litres for an indigenous cow and 4.2 litres for a buffalo.
Clearly, the scope for intervention, if only to raise productivity, is immense. For instance, crossbreeding of cows over the past four decades has enhanced the yield of indigenous cattlestock. Supplementing crop residue and other fodder, too, has raised per animal milk output.
The private sector retailers, with their financial strength and organisational skills, should look beyond the existing cooperatives. The effort should be to organise a large proportion of the 58 million dairy farmers who are outside the cooperative movement into a formal network.
This would require the companies to set up collection and processing centres in the hinterlands. In addition, they would need to work with the farmers on crossbreeding, cattle health and nutrition to ensure milk productivity rises. More importantly, farmers need to be adequately compensated to make dairy farming a sound proposition.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
Is India's Basic industry under-valued?
For the past 3 years a number of Real Estate Developers have hit the capital market with their land bank theory and future development plans. However, strange as it may sound, the Indian Industry mainly the auto sector has been sitting upon massive Real Estate for close to 5 decades. Can it be argued that the Real Estate banks of the Indian Industry ought to be valued at similar levels as Real Estate Developers and consequently the Basic manufacturing industry stocks are under-valued?
It is very interesting to see that the market cap of the top 5 Indian Companies is equal to the market cap of one Indian real estate company, that apart, the land bank of the top 5 Indian Auto companies is almost same as the land bank of One Indian Real Estate Company.
The top 5 Indian Auto companies have been manufacturing different auto vehicles for at least 3 decades and more and the Indian real estate company has been in business also for more than two decades but this real estate company made its stock exchange debut only couple of months ago, where as all the auto companies have been at some point of time been the darling of the investor over the last 3 decades or more.
What does this mean? Is DLF over valued or are the top 5 Indian Auto companies undervalued?
With auto financing rates between 12-15% in India , the auto companies have seen a slowdown in their monthly sales numbers. However, the consensus that is emerging in India is that, interest rates have peaked for the immediate future and therefore the financing rates should not go up from these levels. Saying this TATA motors has corrected more than 25%, Bajaj Auto has corrected around 15%, M&M has corrected around 30%, MUL has corrected around 15% and HH has corrected around 15% YTD respectively.
On comparing the top 5 Indian Auto Companies with one Indian Real Estate
Company, a very interesting story emerges:
Auto Companies Land Bank (approx) Market Cap
TATA Motors (TTMT) 3500 acres US$ 6 bn
Bajaj Auto (BJA) 1500 acres US$6 bn
Mahindra & Mahindra (M&M) 3000 acres US$ 4 bn
Maruti Udyog Ltd (MUL) 1000 acres US$5 bn
Hero Honda (HH) 1000 acres US$3 bn
Total 10000 acres US$25 bn
Real Estate Company
DLF Ltd 10800 acres US$25 bn
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
It is very interesting to see that the market cap of the top 5 Indian Companies is equal to the market cap of one Indian real estate company, that apart, the land bank of the top 5 Indian Auto companies is almost same as the land bank of One Indian Real Estate Company.
The top 5 Indian Auto companies have been manufacturing different auto vehicles for at least 3 decades and more and the Indian real estate company has been in business also for more than two decades but this real estate company made its stock exchange debut only couple of months ago, where as all the auto companies have been at some point of time been the darling of the investor over the last 3 decades or more.
What does this mean? Is DLF over valued or are the top 5 Indian Auto companies undervalued?
With auto financing rates between 12-15% in India , the auto companies have seen a slowdown in their monthly sales numbers. However, the consensus that is emerging in India is that, interest rates have peaked for the immediate future and therefore the financing rates should not go up from these levels. Saying this TATA motors has corrected more than 25%, Bajaj Auto has corrected around 15%, M&M has corrected around 30%, MUL has corrected around 15% and HH has corrected around 15% YTD respectively.
On comparing the top 5 Indian Auto Companies with one Indian Real Estate
Company, a very interesting story emerges:
Auto Companies Land Bank (approx) Market Cap
TATA Motors (TTMT) 3500 acres US$ 6 bn
Bajaj Auto (BJA) 1500 acres US$6 bn
Mahindra & Mahindra (M&M) 3000 acres US$ 4 bn
Maruti Udyog Ltd (MUL) 1000 acres US$5 bn
Hero Honda (HH) 1000 acres US$3 bn
Total 10000 acres US$25 bn
Real Estate Company
DLF Ltd 10800 acres US$25 bn
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
Insurance as an investment.............
Agreed, insurance may not be the best place to invest your hard-earned money. But there are sufficient reasons for one to believe that it can be a highly lucrative avenue to facilitate savings. People often talk about yield on investment and tend to compare their values with those available on various insurance schemes. This is particularly typical within the Indian sub-continent where one conveniently forgets the element of risk covered by life insurance.
It is extremely unfair to compare the performance of insurance against other investments without considering the core features of insurance. The very essence of insurance is to protect your family from the uncertainty of your life. Hence it proves very logical to evaluate the costs involved towards this feature. Ask yourself this question
When you pay insurance premium for your car, do you get anything if fortunately no mishap happens? This means that you spent the amount to secure a valuable property.
Hence you must accept that out of the total amount paid by you for your life insurance, a certain amount is used for providing the risk cover and only the balance can be utilised as savings.
In other words, the total premium you pay minus the amount evaluated as the cost of insurance must be considered as the amount invested to get the maturity amount. If you calculate the yield from returns, you will be in for a surprise.
Now how do you compare the yield in such a situation? Is it 100 % or 1000 % or more?
It is extremely unfair to compare the performance of insurance against other investments without considering the core features of insurance. The very essence of insurance is to protect your family from the uncertainty of your life. Hence it proves very logical to evaluate the costs involved towards this feature. Ask yourself this question
When you pay insurance premium for your car, do you get anything if fortunately no mishap happens? This means that you spent the amount to secure a valuable property.
Hence you must accept that out of the total amount paid by you for your life insurance, a certain amount is used for providing the risk cover and only the balance can be utilised as savings.
In other words, the total premium you pay minus the amount evaluated as the cost of insurance must be considered as the amount invested to get the maturity amount. If you calculate the yield from returns, you will be in for a surprise.
Now how do you compare the yield in such a situation? Is it 100 % or 1000 % or more?
How do I start Investing ???????
This step is quite easy n tht much imprtant while u open ur DMAT account.........
U must deal with the rite broker so tht u wont face any problems afterwards
Problems like-high brokerage,poor portal service,site opening problems.So to avoid those we are recommendin some Brokers here to u which we think r goooood
First Step:-
Go to INCOME TAX Departments office nearby n get PAN CARD..........
PAN CARD-It is jst an authorization fm INCOME TAX dept tht u pay INCOME TAX or not......It is an account with the income tax department
in which the traders and all transaction of your money and turnover is noted.......
Second Step:Log on to one of these sites for the sake of Broker.....
Broker is one who is responsible for all the transactions to the BSE or NSE..........
So it is like a mediator between STOCK XCHANGE n U.......
U must chose it carefully so tht it wont affect ur future investments.......
Chk out one of the site blow
thn contact it anyhow n request to open ur account
U can not open ur account unless n until u dont hav ur PAN CARD.........
The RECOMMENDED Brokers r:-
www.angelbroking.com
or
www.indiainfoline.com
or
www.indiabulls.com
or
www.sharekhan.com
One of their sub broker or agent wil come to u n thn he wil tel u abt all the charges u hav to pay
Special advice:Dont invest more than 1000 at the first time.Coz anyone can deceive u by giving u wrong tips,........
U must deal with the rite broker so tht u wont face any problems afterwards
Problems like-high brokerage,poor portal service,site opening problems.So to avoid those we are recommendin some Brokers here to u which we think r goooood
First Step:-
Go to INCOME TAX Departments office nearby n get PAN CARD..........
PAN CARD-It is jst an authorization fm INCOME TAX dept tht u pay INCOME TAX or not......It is an account with the income tax department
in which the traders and all transaction of your money and turnover is noted.......
Second Step:Log on to one of these sites for the sake of Broker.....
Broker is one who is responsible for all the transactions to the BSE or NSE..........
So it is like a mediator between STOCK XCHANGE n U.......
U must chose it carefully so tht it wont affect ur future investments.......
Chk out one of the site blow
thn contact it anyhow n request to open ur account
U can not open ur account unless n until u dont hav ur PAN CARD.........
The RECOMMENDED Brokers r:-
www.angelbroking.com
or
www.indiainfoline.com
or
www.indiabulls.com
or
www.sharekhan.com
One of their sub broker or agent wil come to u n thn he wil tel u abt all the charges u hav to pay
Special advice:Dont invest more than 1000 at the first time.Coz anyone can deceive u by giving u wrong tips,........
Let Your Mobile Earn For You !!
Now it is the time of your Mobiles and Cell phones to start earn for you.You can recieve these earnings simplyby doing nothing.This is done by recieving ads on your mobile phone.As most people recieve lots of nonsense messages in their inboxes from friends.Allowing these sites to send messages to your mobile may not be that much irritating as these pays you.
There are a quite good number of such websites providing these features.They promise you to help "Make Money to Pay your Mobile BILLS".How ever these sites are still in beta stage and will take some time for them to really pay. So you have to be patient.
I will give details of few such reliable sites here.Even though there are many such sites,i feel only these are best among them.
1. mGinger.com
This is the first ever site which came forward with this unique idea of paying people for reading ads in their mobile.There are a number of subscribers for them.You can join mGinger.com add your friends and earn from them too
2. Youmint.com
This is another such site which is some what more useful than the first one.Here apart from recieving money from reading ads ion your mobile you can send messages to your loved ones for free.Also there is a section where you can make your own wallpapers and ringtones.You can make more money by selling them. Click Here and Join
3. Sms2India.com
This is yet another site which will give you money for reading ads on your mobile.Here they also pay you for reading ads in email and through ads by call.Here too there is a section for free sms.
JOIN Sms2India.com
There are a quite good number of such websites providing these features.They promise you to help "Make Money to Pay your Mobile BILLS".How ever these sites are still in beta stage and will take some time for them to really pay. So you have to be patient.
I will give details of few such reliable sites here.Even though there are many such sites,i feel only these are best among them.
1. mGinger.com
This is the first ever site which came forward with this unique idea of paying people for reading ads in their mobile.There are a number of subscribers for them.You can join mGinger.com add your friends and earn from them too
2. Youmint.com
This is another such site which is some what more useful than the first one.Here apart from recieving money from reading ads ion your mobile you can send messages to your loved ones for free.Also there is a section where you can make your own wallpapers and ringtones.You can make more money by selling them. Click Here and Join
3. Sms2India.com
This is yet another site which will give you money for reading ads on your mobile.Here they also pay you for reading ads in email and through ads by call.Here too there is a section for free sms.
JOIN Sms2India.com
Join Affiliate Programs To Multiply Your Income
So you have a successful business operating from a website, that has been attracting high traffic. You thought there is nothing more that you can do to further increase your revenue, unless you put in more work, time and money. Let me tell you this, there is one great thing you can do to increase revenue – by joining affiliate programs and see your income multiply. The best thing about affiliate programs is that you can increase your online income without much additional effort.
To begin, consider the market you are in. When you join an affiliate program, you will be advertising somebody else’s business on your site. So, you need to pick the businesses that are most suitable for the traffic on your site. Your visitors must be interested in what you are advertising before they decide to click on the link. This is the basic working of affiliate programs – they work on a pay-for-performance basis, that means, the more traffic you can direct through these links, the more money rolling into your pocket.
Next, where do you place these ads? You may want to add banner ads on your website, or other advertisements. However, pop-up ads or other intrusive methods are not recommended as many visitors feel irritated and may turn away from your website. Remember, you need to organize the pages of your website, in order to place highly visible ads for your customers to see.
Do not jump to any affiliate programs that come along. Check out their reputation and know their policies. There are many affiliate programs out there, some are great, but not all! Find out answers to questions such as the type of pay plan the program uses, what is the minimum payout and how is their performance in distributing commissions to affiliates. These are important concerns to you, as surely you want your money to be handled appropriately and efficiently.
Last but not least, make regular changes to your site, to keep it content-rich such that it generates an attractive force that continually pull visitors to your site, not only once, but many times. No matter what your site is about, you will realize that joining an affiliate program is a great and easy way to multiply your revenue. No one would turn down such opportunity to make more money.
To begin, consider the market you are in. When you join an affiliate program, you will be advertising somebody else’s business on your site. So, you need to pick the businesses that are most suitable for the traffic on your site. Your visitors must be interested in what you are advertising before they decide to click on the link. This is the basic working of affiliate programs – they work on a pay-for-performance basis, that means, the more traffic you can direct through these links, the more money rolling into your pocket.
Next, where do you place these ads? You may want to add banner ads on your website, or other advertisements. However, pop-up ads or other intrusive methods are not recommended as many visitors feel irritated and may turn away from your website. Remember, you need to organize the pages of your website, in order to place highly visible ads for your customers to see.
Do not jump to any affiliate programs that come along. Check out their reputation and know their policies. There are many affiliate programs out there, some are great, but not all! Find out answers to questions such as the type of pay plan the program uses, what is the minimum payout and how is their performance in distributing commissions to affiliates. These are important concerns to you, as surely you want your money to be handled appropriately and efficiently.
Last but not least, make regular changes to your site, to keep it content-rich such that it generates an attractive force that continually pull visitors to your site, not only once, but many times. No matter what your site is about, you will realize that joining an affiliate program is a great and easy way to multiply your revenue. No one would turn down such opportunity to make more money.
Use The Internet To Work From Home
The biggest reason why people want to work from home is freedom .The Internet has opened the world of small business opportunities for everyone.
To start a work from home business you must have or develop a unique desire and motivation within you.Nowadays, many people are looking for a successful work from home based business program to make a little extra money or a way to escape their current 9 to 5 day jobs.
To be able to do just that there will be a learning process which will require some time and effort. You must bear in mind that not all work from home programs are created equal or will be suitable for all people.
If sacrificing income is of concern, then you should remain at the job you are in now. If you're still keen on a chance to set up your own business, try it on a part-time basis (just a few hours a week) and be guided by your results and progress.
When you work from home there are two things that will decide if you'll be successful. First, you must have the ability to get the work done. Second, all your efforts must produce the result you desire.
There are so many different ways to work from home that it can be intimidating just looking at all of the different business ideas out there. Do yourself a big favor, do a proper investigation before you jump on the wagon. Do a search for the business, if people have been scammed, you'll find out. Enter forums and ask about the particular opportunity.
To start a work from home business you must have or develop a unique desire and motivation within you.Nowadays, many people are looking for a successful work from home based business program to make a little extra money or a way to escape their current 9 to 5 day jobs.
To be able to do just that there will be a learning process which will require some time and effort. You must bear in mind that not all work from home programs are created equal or will be suitable for all people.
If sacrificing income is of concern, then you should remain at the job you are in now. If you're still keen on a chance to set up your own business, try it on a part-time basis (just a few hours a week) and be guided by your results and progress.
When you work from home there are two things that will decide if you'll be successful. First, you must have the ability to get the work done. Second, all your efforts must produce the result you desire.
There are so many different ways to work from home that it can be intimidating just looking at all of the different business ideas out there. Do yourself a big favor, do a proper investigation before you jump on the wagon. Do a search for the business, if people have been scammed, you'll find out. Enter forums and ask about the particular opportunity.
The Highest Paying jobs
Let's face it. Most people go to work because they need money, not because they love going to work. And for many of these people, they don't even care what they are doing just so that they make the most money possible. For those of you who fall into this category, what follows is a list of some of the more higher paying jobs for college and non college folks. Hopefully, you'll find something that pays you what you're looking for.
For those of you who don't have a college degree, don't fret, There are actually some pretty high paying jobs out there that don't require you to have a formal education.
If you're interested in cars and know your way around the insides of one, you may want to consider becoming an auto mechanic. This job pays an average of about $14.71 per hour depending on where you live of course. That's well over $550 for a 40 hour work week. Just plan on going home good and dirty each night.
If you're not good with fixing cars but are great at driving them, you might want to consider becoming a truck driver. You average truck driver makes about $15.97 per hour. One good thing about the job is that you're pretty much on your own for the day and don't have to worry about your boss being all over you from 9 to 5.
Believe it or not, one of the higher paying jobs that don't require a college degree is that of a police officer. The average cop makes about $22.00 per hour. Sure, you have to contend with bullets flying all over the place but after a while even that gets to be pretty mundane. Okay, being a cop is dangerous. But it does pay well. If you like to live dangerously, this may be just the thing for you.
Of course, if you have a college degree, you're going to get the higher paying jobs.
One of the most common jobs today, especially with the advances in technology, is the job of computer programmer. The average computer programmer makes about $23.19 per hour and this is actually one of the lower paid college required jobs. That's probably because of the glut of programmers on the market.
Of course if you really want to get technical and make even more money, you can become an engineer, of which there are many kinds such as electrical engineers, mechanical engineers, chemical engineers, civil engineers and on and on. The average engineer makes $33.50 per hour. That's well over $1300 a week or over $65,000 a year. Not too shabby.
But if you're really looking for big bucks and have 20-20 vision, then maybe you'd like to become an airline pilot. Don't laugh. Airline pilots make an average of $95.80 per hour. Sure, there's always the dangers involved, which we won't even get into here, but that is one great hourly rate for taking people from one place to another.
There are many good high paying jobs in the world. You just have to be qualified to do them. That is the hard part.
For those of you who don't have a college degree, don't fret, There are actually some pretty high paying jobs out there that don't require you to have a formal education.
If you're interested in cars and know your way around the insides of one, you may want to consider becoming an auto mechanic. This job pays an average of about $14.71 per hour depending on where you live of course. That's well over $550 for a 40 hour work week. Just plan on going home good and dirty each night.
If you're not good with fixing cars but are great at driving them, you might want to consider becoming a truck driver. You average truck driver makes about $15.97 per hour. One good thing about the job is that you're pretty much on your own for the day and don't have to worry about your boss being all over you from 9 to 5.
Believe it or not, one of the higher paying jobs that don't require a college degree is that of a police officer. The average cop makes about $22.00 per hour. Sure, you have to contend with bullets flying all over the place but after a while even that gets to be pretty mundane. Okay, being a cop is dangerous. But it does pay well. If you like to live dangerously, this may be just the thing for you.
Of course, if you have a college degree, you're going to get the higher paying jobs.
One of the most common jobs today, especially with the advances in technology, is the job of computer programmer. The average computer programmer makes about $23.19 per hour and this is actually one of the lower paid college required jobs. That's probably because of the glut of programmers on the market.
Of course if you really want to get technical and make even more money, you can become an engineer, of which there are many kinds such as electrical engineers, mechanical engineers, chemical engineers, civil engineers and on and on. The average engineer makes $33.50 per hour. That's well over $1300 a week or over $65,000 a year. Not too shabby.
But if you're really looking for big bucks and have 20-20 vision, then maybe you'd like to become an airline pilot. Don't laugh. Airline pilots make an average of $95.80 per hour. Sure, there's always the dangers involved, which we won't even get into here, but that is one great hourly rate for taking people from one place to another.
There are many good high paying jobs in the world. You just have to be qualified to do them. That is the hard part.
Part Time Job From Home
More and more people are having to get a part time job. For some inflation is the reason and for others additions to the family mean the need for extra income is crucial. The question then is do you go for a $6 an hour job at a fast food place or do you look for opportunities to work from home and have time with your kids. The internet has opened up a whole new world where parents can actually stay at home and work and still have time to care for their kids.
Many work from home jobs allow you to work your own hours. And many internet based businesses allow you to be your own boss. But it isn't as easy as many sites make out. Building a solid income from home takes time, patience and perseverance.
Work from home jobs and businesses are becoming more and more prevalent. And online businesses are on the rise. Every day more and more men and women decide to create their own work at home business. The problem is that 90% of these businesses fail. And the reason that they fail is that most online business opportunities have fantastic sales letters that promise the world but only offer outdated methods of making money.
Here is a short list of absolute musts for building a profitable online business.
If you want to truly own and run your own internet cash machine, you must treat it like a real business. Decide on one online venture, create a marketing plan, set a budget and stick to it. If you do just this you will be ahead of 90 percent of the population.
1) Pick an opportunity and product line that actually makes sense to you. Choose something that actually helps others. Remember people go online to find information not to buy. Help them solve a problem and the rest will follow.
2) If they have a set marketing plan, follow it to the letter. They have probably done all the research and tested which ads pulled so there is no need to reinvent the wheel. Don't prove how "smart" you are. The most profitable online marketers are ones who know how to find a proven system and use it daily.
3) Dedicate a specific time each day to market your products. This includes writing and submitting articles, writing in your blog, social networking, press releases and more. Choose four marketing tools and use them consistently.
4) Determine a pre-set percentage of your profits that will be used for advertising expenses.
5) Delegate a portion of this work to others and devote yourself to your main job - marketing your product and creating new products.
6) Set a timer and plan a specific amount of time to work on each task. Do not answer the phones, check emails or check your sales while you accomplish these short term goals.
7) Talk to your accountant about whether an S, C or LLC is appropriate. You want to make sure that you get to keep as much of your profits as possible. Also ask what expenses are deductible. You can deduct part of your home as a home office, as well as many of your supplies and even some travel expenses. Part of your profits come from money that you generate and the rest comes from what you are able to save. So be diligent.
8) Also set time to relax and kick back. In order to keep your business fun and to maintain your passion, you must strike a balance between work and play. Working from home can be lonely if you do not plan to include social time into your week.
Make a definite intention to treat this not like a part time job but as a true full time business. Have set hours when you work at home. Forget the work from home in your pajamas mentality. Getting dressed puts you in a more business like mentality. When you get up in the morning and before you go to sleep at night have an intention of what you wish to accomplish. Develop a passion for your products and pass that enthusiasm on to your customers
Many work from home jobs allow you to work your own hours. And many internet based businesses allow you to be your own boss. But it isn't as easy as many sites make out. Building a solid income from home takes time, patience and perseverance.
Work from home jobs and businesses are becoming more and more prevalent. And online businesses are on the rise. Every day more and more men and women decide to create their own work at home business. The problem is that 90% of these businesses fail. And the reason that they fail is that most online business opportunities have fantastic sales letters that promise the world but only offer outdated methods of making money.
Here is a short list of absolute musts for building a profitable online business.
If you want to truly own and run your own internet cash machine, you must treat it like a real business. Decide on one online venture, create a marketing plan, set a budget and stick to it. If you do just this you will be ahead of 90 percent of the population.
1) Pick an opportunity and product line that actually makes sense to you. Choose something that actually helps others. Remember people go online to find information not to buy. Help them solve a problem and the rest will follow.
2) If they have a set marketing plan, follow it to the letter. They have probably done all the research and tested which ads pulled so there is no need to reinvent the wheel. Don't prove how "smart" you are. The most profitable online marketers are ones who know how to find a proven system and use it daily.
3) Dedicate a specific time each day to market your products. This includes writing and submitting articles, writing in your blog, social networking, press releases and more. Choose four marketing tools and use them consistently.
4) Determine a pre-set percentage of your profits that will be used for advertising expenses.
5) Delegate a portion of this work to others and devote yourself to your main job - marketing your product and creating new products.
6) Set a timer and plan a specific amount of time to work on each task. Do not answer the phones, check emails or check your sales while you accomplish these short term goals.
7) Talk to your accountant about whether an S, C or LLC is appropriate. You want to make sure that you get to keep as much of your profits as possible. Also ask what expenses are deductible. You can deduct part of your home as a home office, as well as many of your supplies and even some travel expenses. Part of your profits come from money that you generate and the rest comes from what you are able to save. So be diligent.
8) Also set time to relax and kick back. In order to keep your business fun and to maintain your passion, you must strike a balance between work and play. Working from home can be lonely if you do not plan to include social time into your week.
Make a definite intention to treat this not like a part time job but as a true full time business. Have set hours when you work at home. Forget the work from home in your pajamas mentality. Getting dressed puts you in a more business like mentality. When you get up in the morning and before you go to sleep at night have an intention of what you wish to accomplish. Develop a passion for your products and pass that enthusiasm on to your customers
HOW TO INVEST IN STOCK MARKET
TO INVEST IN STOCK MARKETS YOU NEED TO HAVE A DEMAT ACCOUNT.
ONE CAN OPEN HIS DEMAT ACCOUNT IN ANY OF THE BANK PROVIDING THIS SERVICE.
NOT ONLY THIS ONE HAS OPTION TO OPEN DEMAT IN SOME OF THE STOCK BROKING INSTITUTIONS LIKE EMKAY,ANGEL.
A BETTER OPTION TO OPEN DEMAT IS THROUGH STOCK BROKING INSTITUTIONS WHERE YOU DO NOT NEED TO PAY ANY AMOUNT TO OPEN IT.
TO OPEN YOUR DEMAT ACCOUNT YOU NEED TO HAVE A PAN CARD(PARMANENT ACCOUNT NUMBER),RATION CARD XEROX.
YOU SHOULD ALSO HAVE AN ACCOUNT IN SOME BANK SO THAT THE STOCK BROKERS CAN TRANSFER THE AMOUNT INTO IT WHILE YOU SELL THE SHARES.
ONE CAN OPEN HIS DEMAT ACCOUNT IN ANY OF THE BANK PROVIDING THIS SERVICE.
NOT ONLY THIS ONE HAS OPTION TO OPEN DEMAT IN SOME OF THE STOCK BROKING INSTITUTIONS LIKE EMKAY,ANGEL.
A BETTER OPTION TO OPEN DEMAT IS THROUGH STOCK BROKING INSTITUTIONS WHERE YOU DO NOT NEED TO PAY ANY AMOUNT TO OPEN IT.
TO OPEN YOUR DEMAT ACCOUNT YOU NEED TO HAVE A PAN CARD(PARMANENT ACCOUNT NUMBER),RATION CARD XEROX.
YOU SHOULD ALSO HAVE AN ACCOUNT IN SOME BANK SO THAT THE STOCK BROKERS CAN TRANSFER THE AMOUNT INTO IT WHILE YOU SELL THE SHARES.
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