Author Archives: Saran

15/06/2009
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Personal Finance

Equated Monthly Installment

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EMI stands for Equated Monthly Installment. This has become the mantra for many retailers and also banks. The financial institutions are ready to give loan to buy anything under the sun and collect the amount back in EMI.

Many people think that it is a good way to possess things or gadgets. It is not a good way. It is a very bad way and if you keep doing that then I am sure you will be in deep trouble. I had the privilege of checking my friend’s repayment schedule of his two wheeler loan. To my surprise, the principal amount was not decreasing at the same rate as that of interest. Continue reading →

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09/06/2009
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Personal Finance

Retirement

I was reading an article regarding retirement today and this provoked me to write an article on the same. I have not planned way too ahead of my future. I have planned for next 3 years or so financially. I know this is not a big thing but for me it is. I was not having a goal as to do what and now I am happy that I have a goal and a rough plan as to what to do next.

I am sure many of you would have not bothered about retirement just like me. I am just 25 now and I think it is way too early for me to think about it. But the truth is, the sooner I start thinking about my retirement the better it will be for me. Yeah I know it is way too early to start thinking about it but it is a good move. We might think it is not necessary and we can start it at a later point of time and I am sure that later point of time will be very late. Continue reading →

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08/06/2009
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Stock Market

Investors Losing Confidence

These days the markets are mixed. Some days it sky rockets and other days it crashes. There is nothing major in the economic situation around the world but still the investors are not sure about the situation. Some feel that things are going to be fine in some time whereas most of the investors feel the other way around.

There was a big bull run in the markets from past few weeks and pundits were predicting 21k mark in the next few months and today surprisingly the same pundits have waved a red flag and they think the situation might change and the sensex might get down to 14k levels and stabilize at this level only. This is very confusing to me and I don’t want to elaborate on the pundits and their efficiency. Continue reading →

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05/06/2009
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Stock Market

News about Shares – Part 2

Please read part 1 before reading this article further.

Just by spending Rs. 5 Lakh, the company XYZ Metals has increased the value of the company by say .5%. Isn’t it a good move? It definitely is. Now what has the broker got to do with this? Let us assume that this move was not initiated by the metal company. But the broker took the initiative and started this whole thing. So is it beneficial for the broker house? Yes it is. Continue reading →

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04/06/2009
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Stock Market

News about Shares – Part 1

I am getting bombarded with news about shares from my broker. Every other day, I get messages right before the market starts suggesting/advising me to buy a certain stock at the market price so that it will increase in near future. I had previously written about it and my thoughts about the suggestions.

Let me get into it further. First and foremost why do they have to send a message? Doesn’t it cost the brokers money for sending me messages? I am sure it does. But why they do such a thing? Who asks them to send such messages? Do the brokers send such messages in good faith just because I am one of their privileged customers? I don’t think so. No lunch is free lunch is what corporate world has taught me and if it is true then what is this all about. Continue reading →

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