It's Important to Know the Difference Are you investing in a stock or a company? That may sound like confusing question, but it is an important distinction and can get you in trouble if you don’t know the answer? First, let’s be clear that either answer is okay. The problem arises when investors confuse one with the other or start out investing in a stock, then change their … [Read more...]
Archives for 23/01/2010
Basic Principles of Short-term Trading
The first principle is to do few trades. At any point, one should not have more than 6 trades outstanding. A good number is 3-5. Equal capital allocation: Divide your short term trading capital equally into each trade. Ideally if one has Rs 1 lac of capital, … [Read more...]
Small savings be converted in equity
The government should give option to investors in small savings scheme to convert their investment at the time of maturity to equity of public sector units to reduce its interest liability and rein in fiscal deficit, industry body Assocham has said. The option would provide investors with a better avenue for … [Read more...]
Simple ways of Saving Tax
Step 1: Understand Section 80C Under this section, investments made in certain instruments, and specific expenditures, are exempt from tax. 1. Contribution to the Provident Fund 2. Investment in Public Provident Fund 3. Payment of life insurance premium 4. Investment in pension plans 5. Investment in Equity Linked Saving Schemes of mutual funds 6. … [Read more...]
PPF vs NSC
The NSC is a post-office savings scheme while the PPF was established by the central government in 1968. But both are very safe since they are backed by the government. How much goes in? The minimum amount you have to put into your PPF account in a year is Rs 500. The maximum you can put is Rs 70,000 per year. With NSC, the minimum amount is Rs 100. Here, is no … [Read more...]