We've already mentioned that there are many ways to invest your money. Of course,
to decide which investment vehicles are suitable for you, you need to know their
characteristics and why they may be suitable for a particular investing objective.
1.Bonds
Grouped under the general category called "fixed-income" securities, the term
"bond" is commonly used to refer to any of these securities founded on debt. When
you purchase a bond, you are lending out your money to a company or government.
In return, they agree to give you interest on your money and eventually pay you
back the amount you lent out.
The main attraction of bonds is their relative safety. If you are buying bonds from a
stable government, your investment is virtually guaranteed (or "risk-free" in
investing parlance). The safety and stability, however, come at a cost. Because there
is little risk, there is little potential return. As a result, the rate of return on bonds is
generally lower than other securities.
2.Stocks
When you purchase stocks (or "equities" as your advisor might put it), you become a
part owner of the business. This entitles you to vote at the shareholder's meeting
and allows you to receive any profits that the company allocates to its owners--these
profits are referred to as dividends.
While bonds provide a steady stream of income, stocks are volatile. That is, they
fluctuate in value on a daily basis. When you buy a stock, you aren't guaranteed
anything. Many stocks don't even pay dividends, making you any money only by
increasing in value and going up in price--which might not happen.
Compared to bonds, stocks provide relatively high potential returns. Of course, there
is a price for this potential: you must assume the risk of losing some or all of your
investment. More information on this type of investment can be found in the tutorial
"Stock Basics." After you have a grasp of what stocks are and how they function, you
might want to read about how to choose them in "Guide to Stock Picking Strategies."
3.Mutual Funds
A mutual fund is a collection of stocks and bonds. When you buy a mutual fund, you
are pooling your money with a number of other investors, which in turn enables you
(as part of a group) to pay a professional manager to select specific securities for
you. Mutual funds are all set up with a specific strategy in mind, and their distinct
focus can be nearly anything: large stocks, small stocks, bonds from governments,
bonds from companies, stocks and bonds, stocks in certain industries, stocks in
certain countries, and the list goes on.
The primary advantage of a mutual fund is that you can invest your money without
needing the time or the experience in choosing investments. Theoretically, you
should get a better return by giving your money to a professional than you would if
you were to choose investments yourself. In reality, there are some aspects about
mutual funds that you should be aware of before choosing them, but we won't
discuss them here.
Alternative Investments: Options, Futures, FOREX, Gold, Real Estate, Etc.
So, you now know about the two basic securities: equity and debt, better known as
stocks and bonds. While many (if not most) investments fall into one of these two
categories, there are numerous alternative vehicles, which represent the most
complicated types of securities and investing strategies.
The good news is you probably don't need to worry about alternative investments at
the start of your investing career. They are generally high-risk/high-reward securities
that are much more speculative than plain old stocks and bonds. Yes, there is the
opportunity for big profits, but they require some specialized knowledge. So if you
don't know what you are doing, you could get yourself into a lot of trouble. Experts
and professionals generally agree that new investors should focus on building their
financial foundation before speculating.
Learning about Blogging
There are a number of different reasons for a blogger to start and maintain a blog. Some of these reasons include generating revenue, promoting a cause, providing useful information and staying in touch with family and friends. Although these reasons for starting a blog may be quite different, all bloggers should spend some time learning about blogging before embarking on a blogging experience. This will help to ensure the blog achieves its intended purpose and will also help to prevent the blogger from making mistakes which can be detrimental to a blog. This article will discuss methods for learning about blogging including studying successful blogs and using the Internet to research the subject of blogging. This article will also briefly explain the importance of promoting a blog.
Studying Successful Blogs
One of the simplest ways for prospective bloggers and new bloggers to learn about blogging is by studying successful blogs. Those who have recently started a blog or are considering starting a blog can learn a great deal simply by reading and studying successful blogs. Bloggers may choose to study blogs which focus on a similar subject but this is not necessary. Bloggers can learn a great deal about maintaining a successful blog by studying blogs related to any subject. This is because factors such as writing style, blog design, font type and colors can all contribute to the success of the blog.
In studying other blogs, the blogger should pay particular interest to aspects of the blog which attract his attention. This is important because these aspects also likely appeal to other blog visitors and contribute to the success of the blog. Modeling a blog with these aspects in mind can go a long way towards contributing to the success of a blog.
Using the Internet to Research Blog Tips
The Internet can be an excellent resource for learning about the subject of blogging. There are a variety of different objects related to this subject. These articles may contain tips for starting, maintaining and optimizing a blog. They may also contain tips for generating traffic to a blog and keeping visitors interested in the blog. Bloggers are advised to study the information available online carefully and to always consider the source of the information. Considering the source of the information is important because it can help to ensure the information gleaned from the Internet is reliable. However, this can be difficult because it is not always possible to determine the source of information available on the Internet.
Another option for verifying the validity of information available online is use other sources to confirm the information. This means a blogger may find one article which provides several tips for operating a successful blog but still searches online for information which will corroborate the information available in the original article. This may sound redundant but it can help to prevent the blogger from accepting false information as being correct.
The Importance of Promoting a Blog
Finally, bloggers should understand the importance of promoting a blog and should investigate methods of promoting their own blog. Promoting a blog is so important because it is through this type of promotion that a blog gains traffic. Gaining traffic is imperative to the success of a blog in most cases. The few exceptions include blogs which are maintained solely for the bloggers personal use as well as blogs which are maintained for the purpose of keeping friends and family members up to date on events in the bloggers life. All other blogs can benefit from increased blog traffic.
Bloggers can learn about how to successfully promote a blog by considering how they learned about blogs which they read frequently. This is significant because Internet users who read blogs likely have similar methods of finding these blogs. For example a blog reader who learned about an interesting blog through participation in a relevant message board will likely consider remaining active in message boards which are relevant to his own blog as a method of promoting his blog.
Studying Successful Blogs
One of the simplest ways for prospective bloggers and new bloggers to learn about blogging is by studying successful blogs. Those who have recently started a blog or are considering starting a blog can learn a great deal simply by reading and studying successful blogs. Bloggers may choose to study blogs which focus on a similar subject but this is not necessary. Bloggers can learn a great deal about maintaining a successful blog by studying blogs related to any subject. This is because factors such as writing style, blog design, font type and colors can all contribute to the success of the blog.
In studying other blogs, the blogger should pay particular interest to aspects of the blog which attract his attention. This is important because these aspects also likely appeal to other blog visitors and contribute to the success of the blog. Modeling a blog with these aspects in mind can go a long way towards contributing to the success of a blog.
Using the Internet to Research Blog Tips
The Internet can be an excellent resource for learning about the subject of blogging. There are a variety of different objects related to this subject. These articles may contain tips for starting, maintaining and optimizing a blog. They may also contain tips for generating traffic to a blog and keeping visitors interested in the blog. Bloggers are advised to study the information available online carefully and to always consider the source of the information. Considering the source of the information is important because it can help to ensure the information gleaned from the Internet is reliable. However, this can be difficult because it is not always possible to determine the source of information available on the Internet.
Another option for verifying the validity of information available online is use other sources to confirm the information. This means a blogger may find one article which provides several tips for operating a successful blog but still searches online for information which will corroborate the information available in the original article. This may sound redundant but it can help to prevent the blogger from accepting false information as being correct.
The Importance of Promoting a Blog
Finally, bloggers should understand the importance of promoting a blog and should investigate methods of promoting their own blog. Promoting a blog is so important because it is through this type of promotion that a blog gains traffic. Gaining traffic is imperative to the success of a blog in most cases. The few exceptions include blogs which are maintained solely for the bloggers personal use as well as blogs which are maintained for the purpose of keeping friends and family members up to date on events in the bloggers life. All other blogs can benefit from increased blog traffic.
Bloggers can learn about how to successfully promote a blog by considering how they learned about blogs which they read frequently. This is significant because Internet users who read blogs likely have similar methods of finding these blogs. For example a blog reader who learned about an interesting blog through participation in a relevant message board will likely consider remaining active in message boards which are relevant to his own blog as a method of promoting his blog.
Careers in Blogging
Many freelance writers are beginning to find blogging is one of the newest career opportunities available to them. Blogging is essentially a series of postings on a particular subject which are listed in reverse chronological order. These blogs may be about a variety of different subjects and may be personal, political, informative, humorous or any other category desired by the blogger. However, the key to a successful blog is a blog which pertains to a subject which appeals to a wide audience. Additionally the blog should be updated regularly and should provide useful content to the readers of the blog. This article will provide some information on finding career opportunities in blogging, will discuss the benefits of this type of career and will provide information on how writers can manage a blog successfully.
Finding Blogging Career Opportunities
Although blogging career opportunities are becoming increasingly popular, many writers are not aware of how to find these wonderful opportunities. These career opportunities may be offered as ghost writing positions or as positions offering a byline to the writer and finding these blogging opportunities is often very similar to finding any other career opportunities for writers. Companies seeking a blogger may post the job opening in the same manner in which they would post other openings with the company such as accounting positions or administrative positions. Therefore, writers interested in a position as a blogger should utilize the same job search websites they rely on to find other career opportunities.
Bloggers may also wish to visit career websites and message boards which focus exclusively on careers in blogging. The ProBlogger.net website is just one example of a website dedicated exclusively to putting bloggers in connection with those who are interested in hiring a writer for a particular blog. Interested bloggers should also consider joining message boards for those who blog for a living. This can be beneficial because here bloggers are likely to share information regarding the companies for which they work as well as any information they have about companies who are currently looking to hire bloggers.
The Benefits of a Career in Blogging
There are many benefits to pursuing a career in blogging. Perhaps one of the most alluring benefits to a career in blogging is the work can typically be done as a telecommute position. This is because as long as the blogger has access to the software necessary to write and upload a blog, there is no need for the blogger to perform the work from a specific location. This means the blogger can reside virtually anywhere in the world and can likely perform the necessary work from his own home. However, not all blogging positions are telecommute positions. Some companies may require bloggers to perform the work onsite as a matter of personal preference.
Another benefit to a career in blogging is the ability to accomplish work at a pace which his convenient to the blogger. The blogger may be required to upload a new post to the blog according to a regular schedule but the actually writing of the posts can be accomplished when it is convenient for the blogger. Many blogging software packages enable the blogger to set a specific time for a specific post to be uploaded. This allows the blogger to write several posts at a time and have them publish according to a pre-determined schedule.
Finding Time to Blog
One of the problems which many bloggers face is finding the time to blog. This is especially difficult if the blogger maintains several blogs or if the blogger maintains a current events blog in which posts must be timely in order to be relevant and of interest to the readers. Writing blog posts in batches and scheduling them to publish as needed is one way to deal with managing several blogs. However, writers of blogs related to current events must take special care to budget their time wisely to ensure they are publishing topical blog posts. One way this can be accomplished is by setting aside time daily to reading current events to derive inspiration and then scheduling time after that to write and publish the blog. For example a blogger with a current events blog might choose to review the previous day’s news the first thing in the morning to ensure they are reviewing all of the relevant news from the previous day before writing the blog post.
Finding Blogging Career Opportunities
Although blogging career opportunities are becoming increasingly popular, many writers are not aware of how to find these wonderful opportunities. These career opportunities may be offered as ghost writing positions or as positions offering a byline to the writer and finding these blogging opportunities is often very similar to finding any other career opportunities for writers. Companies seeking a blogger may post the job opening in the same manner in which they would post other openings with the company such as accounting positions or administrative positions. Therefore, writers interested in a position as a blogger should utilize the same job search websites they rely on to find other career opportunities.
Bloggers may also wish to visit career websites and message boards which focus exclusively on careers in blogging. The ProBlogger.net website is just one example of a website dedicated exclusively to putting bloggers in connection with those who are interested in hiring a writer for a particular blog. Interested bloggers should also consider joining message boards for those who blog for a living. This can be beneficial because here bloggers are likely to share information regarding the companies for which they work as well as any information they have about companies who are currently looking to hire bloggers.
The Benefits of a Career in Blogging
There are many benefits to pursuing a career in blogging. Perhaps one of the most alluring benefits to a career in blogging is the work can typically be done as a telecommute position. This is because as long as the blogger has access to the software necessary to write and upload a blog, there is no need for the blogger to perform the work from a specific location. This means the blogger can reside virtually anywhere in the world and can likely perform the necessary work from his own home. However, not all blogging positions are telecommute positions. Some companies may require bloggers to perform the work onsite as a matter of personal preference.
Another benefit to a career in blogging is the ability to accomplish work at a pace which his convenient to the blogger. The blogger may be required to upload a new post to the blog according to a regular schedule but the actually writing of the posts can be accomplished when it is convenient for the blogger. Many blogging software packages enable the blogger to set a specific time for a specific post to be uploaded. This allows the blogger to write several posts at a time and have them publish according to a pre-determined schedule.
Finding Time to Blog
One of the problems which many bloggers face is finding the time to blog. This is especially difficult if the blogger maintains several blogs or if the blogger maintains a current events blog in which posts must be timely in order to be relevant and of interest to the readers. Writing blog posts in batches and scheduling them to publish as needed is one way to deal with managing several blogs. However, writers of blogs related to current events must take special care to budget their time wisely to ensure they are publishing topical blog posts. One way this can be accomplished is by setting aside time daily to reading current events to derive inspiration and then scheduling time after that to write and publish the blog. For example a blogger with a current events blog might choose to review the previous day’s news the first thing in the morning to ensure they are reviewing all of the relevant news from the previous day before writing the blog post.
Blogging for Profit
Blogging is becoming an increasingly popular way for entrepreneurs to earn a living online while doing something they really enjoy. In many cases bloggers can profit with very little effort. There may be quite a bit of work involved in the beginning with designing a method of gaining revenue and promoting the website but once this is established simply maintaining the blog with regular postings may be enough to keep the revenue rolling in. Two of the most popular methods for generating a profit from blogging include advertising methods. This includes advertising with AdSense and securing independent advertisers. This article will discuss these two methods of advertising on a blog.
Using AdSense to Generate Revenue
Using AdSense is one of the most popular ways for bloggers to generate revenue from their blog. This method is so popular because it is also very simple. AdSense is a program offered by Google where bloggers agree to have advertisements on their website and are compensated when users click on these advertisements. Bloggers simply have to create a blog and submit the website address of the blog as well as some other information to apply for participation in AdSense. Once a blog is approved the owner is given code they can simply copy and paste to have advertisements displayed on their blog. Google then serves appropriate advertisements each time the blog is accessed. Whenever possible, the advertisements served on the blog are closely related to the content of the blog because Google crawls the website ahead of time to determine which advertisements are relevant to the content. Blog owners do have some ability to place restrictions on the types of advertisements which may appear on the blog. For example the blog owner can specify adult advertisements are not to appear on the blog and Google will filter these out.
How Advertisements on a Blog Generate Revenue
Many bloggers use advertisements on their blogs to generate a profit. This method of advertising is more difficult than using AdSense but it can be significantly more financially beneficial to the blogger. This method of advertising is similar to the type of targeted advertising often seen in magazines. For example magazines for parents often feature advertisements which will appeal to parents such as advertisements for toys, children’s clothing or foods popular with children. Likewise a magazine for runners may feature advertisements for shoes, athletic clothing, races or training equipment. In these cases the advertisers pay for advertising space in the magazine in the hopes that the magazine’s audience will be enticed to purchase products or services after seeing these advertisements.
Blog owners can use this type of advertising but it can be hard to find willing advertisers. However, there are some factors which may make an advertiser more willing to have an advertisement appear on a blog. One of the most important factors for advertisers is the amount of traffic the blog receives. This is important because advertisers who are paying for ad space are more likely to invest in a blog with high traffic than one with very little traffic.
Another important factor for advertisers is the focus of the blog. Advertisers are more likely to purchase advertising space from a blog with a specific focus of interest to the advertiser’s target audience. Like the examples listed previously of magazines for parents and runners, advertisers want to advertise on a blog which is already reaching the same target audience.
Bloggers who utilize advertising on their website may be compensated in a number of different ways. Some advertisers may pay a set fee for the advertisement to run on the website for either a set amount of time or for a set number of page views. This means the advertiser may purchase space for a set number of days, weeks or months or may purchase space for a set number of times the advertisement is served to website visitors.
Alternately the advertiser may choose to compensate the blogger according to the number of times specific actions occur. This may include users clicking through the advertisement or users making a purchase after clicking through the advertisement. The type of compensation offered will have to be worked out between the blogger and advertiser beforehand to determine a fair method of payment.
Using AdSense to Generate Revenue
Using AdSense is one of the most popular ways for bloggers to generate revenue from their blog. This method is so popular because it is also very simple. AdSense is a program offered by Google where bloggers agree to have advertisements on their website and are compensated when users click on these advertisements. Bloggers simply have to create a blog and submit the website address of the blog as well as some other information to apply for participation in AdSense. Once a blog is approved the owner is given code they can simply copy and paste to have advertisements displayed on their blog. Google then serves appropriate advertisements each time the blog is accessed. Whenever possible, the advertisements served on the blog are closely related to the content of the blog because Google crawls the website ahead of time to determine which advertisements are relevant to the content. Blog owners do have some ability to place restrictions on the types of advertisements which may appear on the blog. For example the blog owner can specify adult advertisements are not to appear on the blog and Google will filter these out.
How Advertisements on a Blog Generate Revenue
Many bloggers use advertisements on their blogs to generate a profit. This method of advertising is more difficult than using AdSense but it can be significantly more financially beneficial to the blogger. This method of advertising is similar to the type of targeted advertising often seen in magazines. For example magazines for parents often feature advertisements which will appeal to parents such as advertisements for toys, children’s clothing or foods popular with children. Likewise a magazine for runners may feature advertisements for shoes, athletic clothing, races or training equipment. In these cases the advertisers pay for advertising space in the magazine in the hopes that the magazine’s audience will be enticed to purchase products or services after seeing these advertisements.
Blog owners can use this type of advertising but it can be hard to find willing advertisers. However, there are some factors which may make an advertiser more willing to have an advertisement appear on a blog. One of the most important factors for advertisers is the amount of traffic the blog receives. This is important because advertisers who are paying for ad space are more likely to invest in a blog with high traffic than one with very little traffic.
Another important factor for advertisers is the focus of the blog. Advertisers are more likely to purchase advertising space from a blog with a specific focus of interest to the advertiser’s target audience. Like the examples listed previously of magazines for parents and runners, advertisers want to advertise on a blog which is already reaching the same target audience.
Bloggers who utilize advertising on their website may be compensated in a number of different ways. Some advertisers may pay a set fee for the advertisement to run on the website for either a set amount of time or for a set number of page views. This means the advertiser may purchase space for a set number of days, weeks or months or may purchase space for a set number of times the advertisement is served to website visitors.
Alternately the advertiser may choose to compensate the blogger according to the number of times specific actions occur. This may include users clicking through the advertisement or users making a purchase after clicking through the advertisement. The type of compensation offered will have to be worked out between the blogger and advertiser beforehand to determine a fair method of payment.
Ecommerce Marketing Strategy: Steps you Need to Take To Profit in Ecommerce
A breakdown of ecommerce suggests that sometime very soon the vast majority of business transactions will happen on the Internet. Consequently, if you want to be profitable in ecommerce you need the right ecommerce marketing strategy, there are a number steps you need to take in order to prosper. By following these six key steps you will be able to achieve positive and lucrative ecommerce results.
1. Plan well. Those who fail to adequately plan are bound to fail. There is no place where this is truer than on the Internet. If you want to benefit from profitable ecommerce success, it is absolutely necessary to develop a plan.
2. Market research. A successful ecommerce marketing strategy relies heavily upon careful market research. You must recognize the market and your prospective customers or clients to experience profitable ecommerce. Niche markets are also very important but you have to be careful that there is a large enough market for you to sell to. Money-making ecommerce equally depends upon your skill to recognize and then take advantage of the many niche markets that are out there.
3. Targeted marketing. The majority of your marketing efforts should be aimed at those niche markets where customers will be most likely to act in response to the products or services that your ecommerce enterprise provides to them.
4. Comprehensive marketing. You should not rely on as single approach or structure when it comes to creating profitable ecommerce. You need to expand and continually re-examine a wide-ranging marketing plan for your venture.
5. Stay flexible. You should try to realize that the Internet is not set in stone – and neither can you be. The net and the World Wide Web market are constantly changing and you must be prepared to adjust when necessary.
If you follow these proven steps, then you should have no trouble developing an effective ecommerce marketing strategy.
1. Plan well. Those who fail to adequately plan are bound to fail. There is no place where this is truer than on the Internet. If you want to benefit from profitable ecommerce success, it is absolutely necessary to develop a plan.
2. Market research. A successful ecommerce marketing strategy relies heavily upon careful market research. You must recognize the market and your prospective customers or clients to experience profitable ecommerce. Niche markets are also very important but you have to be careful that there is a large enough market for you to sell to. Money-making ecommerce equally depends upon your skill to recognize and then take advantage of the many niche markets that are out there.
3. Targeted marketing. The majority of your marketing efforts should be aimed at those niche markets where customers will be most likely to act in response to the products or services that your ecommerce enterprise provides to them.
4. Comprehensive marketing. You should not rely on as single approach or structure when it comes to creating profitable ecommerce. You need to expand and continually re-examine a wide-ranging marketing plan for your venture.
5. Stay flexible. You should try to realize that the Internet is not set in stone – and neither can you be. The net and the World Wide Web market are constantly changing and you must be prepared to adjust when necessary.
If you follow these proven steps, then you should have no trouble developing an effective ecommerce marketing strategy.
Great investing tips from Rakesh Jhunjhunwala
Markets are like women -- always commanding, mysterious, unpredictable and volatile," quipped 'Big Bull' Rakesh Jhunjhunwala (inset) while addressing a meet organised by Shailesh J Mehta School of Management, IIT, Bombay on August 10.
A champion broker, often termed as Warren Buffett of the Indian stock market, Jhunjhunwala had a full-to-the-brim auditorium spellbound as he traced how he made his fortune from a starting capital of Rs 5,000. His career path is stuff dreams are made of.
What earned him fame is his skill to pick under-valued stocks. Some of his renowned calls are Karur Vysya Bank, CRISIL and Bharat Electronics. There are, however, quite a few more. Talking about his company RARE (derived from the first two letters of his name and that of his wife Rekha) Enterprises, Jhunjhunwala says, "My company has only one client -- my wife -- so that I don't need to handle others' money."
One of the biggest bulls of the Indian market, Jhunjhunwala believes in trading by the hunches. "If in doubt, listen to your heart," is what he tells young investors. Extremely optimistic about India's growth story, Jhunjhunwala shared with his audience some valuable insights about the Indian economy, future of Sensex. Read on.
What paved the way to Jhunjhunwala's success?
A democratic growth process rather than an imposed one and a biological evolution, pat comes the reply.
He owes a lot to resurrection of a dormant and vigorous entrepreneurial gene of India. "The country has rediscovered its confidence."
There has been a strong improvement in India's macroeconomic indicators, combined with a robust banking system.
Improvement has also been observed in India's corporate performance, powered through productivity gains. Jhunjhunwala is convinced that on-going reforms would have a multiplier effect on India's economy.
Jhunjhunwala's investment strategies
August 14, 2007
Jhunjhunwala learnt investment strategies the hard way. And he was more than willing to share it with his audience. Here are a few gems from his book of learning
Necessary for any investor is optimism.
Be opportunistic but wait for the right moment
Study the market thoroughly. Refer to history
Maximise profits and minimise losses
Invest in a business not a company
Always have an independent opinion. Observe and read relevant information with an open mind
Be happy with your gains but learn to accept losses with a smile
Be prepared for challenges and risks
Predicting a brighter and better future for the Indian markets, Jhunjhunwala signed of by saying that the Indian markets will reach the peak by 2010.
For beginners in the market, here are a few invaluable gems from Jhunjhunwala's book:
Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it.
Do something you love
The means are as important as the end
Aspire, but never envy
Be paranoid of success -- never take it for granted. Realise success can be temporary and transient
Build a fighting spirit -- take the bad with the good
When you see a horizon, it seems so distant. When you reach that horizon, you will realize how many more horizons are within reach
A champion broker, often termed as Warren Buffett of the Indian stock market, Jhunjhunwala had a full-to-the-brim auditorium spellbound as he traced how he made his fortune from a starting capital of Rs 5,000. His career path is stuff dreams are made of.
What earned him fame is his skill to pick under-valued stocks. Some of his renowned calls are Karur Vysya Bank, CRISIL and Bharat Electronics. There are, however, quite a few more. Talking about his company RARE (derived from the first two letters of his name and that of his wife Rekha) Enterprises, Jhunjhunwala says, "My company has only one client -- my wife -- so that I don't need to handle others' money."
One of the biggest bulls of the Indian market, Jhunjhunwala believes in trading by the hunches. "If in doubt, listen to your heart," is what he tells young investors. Extremely optimistic about India's growth story, Jhunjhunwala shared with his audience some valuable insights about the Indian economy, future of Sensex. Read on.
What paved the way to Jhunjhunwala's success?
A democratic growth process rather than an imposed one and a biological evolution, pat comes the reply.
He owes a lot to resurrection of a dormant and vigorous entrepreneurial gene of India. "The country has rediscovered its confidence."
There has been a strong improvement in India's macroeconomic indicators, combined with a robust banking system.
Improvement has also been observed in India's corporate performance, powered through productivity gains. Jhunjhunwala is convinced that on-going reforms would have a multiplier effect on India's economy.
Jhunjhunwala's investment strategies
August 14, 2007
Jhunjhunwala learnt investment strategies the hard way. And he was more than willing to share it with his audience. Here are a few gems from his book of learning
Necessary for any investor is optimism.
Be opportunistic but wait for the right moment
Study the market thoroughly. Refer to history
Maximise profits and minimise losses
Invest in a business not a company
Always have an independent opinion. Observe and read relevant information with an open mind
Be happy with your gains but learn to accept losses with a smile
Be prepared for challenges and risks
Predicting a brighter and better future for the Indian markets, Jhunjhunwala signed of by saying that the Indian markets will reach the peak by 2010.
For beginners in the market, here are a few invaluable gems from Jhunjhunwala's book:
Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it.
Do something you love
The means are as important as the end
Aspire, but never envy
Be paranoid of success -- never take it for granted. Realise success can be temporary and transient
Build a fighting spirit -- take the bad with the good
When you see a horizon, it seems so distant. When you reach that horizon, you will realize how many more horizons are within reach
Basics to Share Market investments
Lots of people are interested to invest in share market,majority of them doesnt know about it properly.For those people just read and understand the basics given below
What is a share?
A share is a share in the share Capital of a company. If that sound too
complicated it simply means by owning a share, you are one of those
millions of owners that own the company. Everyone who owns a share is an
owner of the company but he/she is not the sole owner as every
shareholder is only a part owner. Once you are a shareholder you get all the
benfits an owner of a company would get.
How does one become a shareholder?
To be a shareholder one has to buy shares from the market. It is not
possible for everyone to run around the place shouting out that they want
to buy/sell shares. So to facilitate this process we have something
called exchanges. So if one wants to buy and sell the shares he/she has to
go through the stock exchanges. We have many stock exchanges in India
out of these the Bombay stock exchange is one of the oldest stock
exchange not only in India but also in Asia. We also have the National Stock
Exchange which is Located in Mumbai (Bandra Kurla Complex) where
sharetrading can take place. Now it is also not feasible for millions to
visit the comparitively small buildings of the stock exhcange to buy and
sell shares. So we have middlemen called brokers. Brokers buy and sell
shares on behalf of a shareholder. Brokers do a good job but at times
they are mainly responsible for the fraud that takes place in the stock
markets. So to monitor them we have a governing body called SEBI
(Securities and Exchange Board of India) Therefore if you have any problems
whatsoever with your broker dont worry!! just visit
http://groups.yahoo.com/group/sharetrading/links we have a lot of
usefull links there, and one of them is complain to SEBI. Click on the link
fill in the details and complain online to SEBI and they will help you
out.
Some years back if one bought a share he would receive the share
certificate of the company physically. But nowadays it is in the electronic
format. If you have heard the word demat account quite a few times and
wondering what it is, to simplify it, I would call it an electronic
plastic bag wherein you put your share certificates (also other debt
instruments, securities and commercial paper). All demat accounts are held by
National Securities Depository Ltd. or NSDL http://www.nsdl.co.in/
Your broker who opened the demat account has to report to NSDL all the
details of the account and your details as well. Nowadays they are pretty
strict therefore your broker may ask you many details while opening an
account. Even a small thing like a change in the address if quite a
procedure. Things get tedious if you are an NRI.
What do I need to trade?
So to trade online one would need a Bank account, demat account and an
online trading account. You may open an online trading account with
online portals. The famous ones are,
ICICI Direct
5 paisa
Sharekhan
Geojit
you may chose the one you desire put your money in the bank account and
start buying and selling shares.
What is a share?
A share is a share in the share Capital of a company. If that sound too
complicated it simply means by owning a share, you are one of those
millions of owners that own the company. Everyone who owns a share is an
owner of the company but he/she is not the sole owner as every
shareholder is only a part owner. Once you are a shareholder you get all the
benfits an owner of a company would get.
How does one become a shareholder?
To be a shareholder one has to buy shares from the market. It is not
possible for everyone to run around the place shouting out that they want
to buy/sell shares. So to facilitate this process we have something
called exchanges. So if one wants to buy and sell the shares he/she has to
go through the stock exchanges. We have many stock exchanges in India
out of these the Bombay stock exchange is one of the oldest stock
exchange not only in India but also in Asia. We also have the National Stock
Exchange which is Located in Mumbai (Bandra Kurla Complex) where
sharetrading can take place. Now it is also not feasible for millions to
visit the comparitively small buildings of the stock exhcange to buy and
sell shares. So we have middlemen called brokers. Brokers buy and sell
shares on behalf of a shareholder. Brokers do a good job but at times
they are mainly responsible for the fraud that takes place in the stock
markets. So to monitor them we have a governing body called SEBI
(Securities and Exchange Board of India) Therefore if you have any problems
whatsoever with your broker dont worry!! just visit
http://groups.yahoo.com/group/sharetrading/links we have a lot of
usefull links there, and one of them is complain to SEBI. Click on the link
fill in the details and complain online to SEBI and they will help you
out.
Some years back if one bought a share he would receive the share
certificate of the company physically. But nowadays it is in the electronic
format. If you have heard the word demat account quite a few times and
wondering what it is, to simplify it, I would call it an electronic
plastic bag wherein you put your share certificates (also other debt
instruments, securities and commercial paper). All demat accounts are held by
National Securities Depository Ltd. or NSDL http://www.nsdl.co.in/
Your broker who opened the demat account has to report to NSDL all the
details of the account and your details as well. Nowadays they are pretty
strict therefore your broker may ask you many details while opening an
account. Even a small thing like a change in the address if quite a
procedure. Things get tedious if you are an NRI.
What do I need to trade?
So to trade online one would need a Bank account, demat account and an
online trading account. You may open an online trading account with
online portals. The famous ones are,
ICICI Direct
5 paisa
Sharekhan
Geojit
you may chose the one you desire put your money in the bank account and
start buying and selling shares.
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