Missed the stock rally? Here’s how you can still rake in profits

Missed the stock rally? Here’s how you can still rake in profits The consensus is that the Indian economy, after a long and exhausting ordeal, is well-placed to clock higher growth in the years to come. Why gold is likely to fall further, despite the upcoming festive season “International gold prices is heading lower and may go down to $1,000 in the next 6-9 months,” says Praveen Singh, senior commodities analyst. How to benefit from these innovative tax-efficient hybrid funds The adverse tax treatment of debt funds has led to a flurry of new funds that invest in a combination of debt, equity and derivatives. Here’s how they can benefit investors. Want your income to move up? Plan your taxes better Tax filing data shows that Indian taxpayers are not taking full advantage of the tax deductions and exemptions available to them. How to get a job if your venture did not work out Sometimes, it may happen that your enterprise fails to take-off and you want to take up a job now. Here’s how you can go about it. Quote of the week "I hope that after the positive rating change FDI will increase because it makes a more positive contribution to output and growth." Bimal JalanFormer RBI Governor Family Finances Early start and high surplus to help Bachanis meet their goals "The questions I have about my finances are: should I open a PPF account and continue investing in gold?” – Rakesh Bachani. Financial Planning Is it good to rely too much on expert forecasts for investments? It is easy to get carried away by the ‘big picture’, but accurate forecasting requires that experts be open to new data, says Uma Shashikant. Money-making venture How InOpen Technologies increased its turnover from Rs 11 lakh to Rs 6 crore in 4 years The firm now has 71 employees working at its offices in Mumbai and Hyderabad. It registered a turnover of around Rs 6 crore in 2013-14. Entrepreneurs How Ajay Kolla turned a Rs 30-lakh venture into a company generating revenue of Rs 22 crore Ajay Kolla started a forum to help his out-of-work friends find jobs. Soon, he made a business out of it. His firm is growing at a rapid pace. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It’s that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators Key risks posed by market upswings can wipe out gains Having been part of the ascent, are you fearful that a correction may wipe out your gains? We examine the key market risks. Investors likely to face a riskier entry point in market rally The markets are not at attractive entry levels and, unless there is some big bang reform to support it, these index levels are not sustainable. 5 things you must know about third-party motor insurance claims It is required by law that vehicle owners in India take third-party motor insurance. It protects the owner against any financial liability. 5 smart things to know about non-payment of insurance premium If premiums have not been paid for three consecutive years from the inception of the policy, the insurance ceases with immediate effect. Why top-up plan is the best option for increasing health cover A top-up health plan takes care of expenses that result from a single illness and are higher than the cover provided by the existing plan. Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2014 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here To unsubscribe or edit your subscriptions please click here

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ULIPs 2.0: Why you should buy these insurance-cum-investment plans now

ULIPs 2.0: Why you should buy these insurance-cum-investment plans now While the low charges of new Ulips make them attractive, the main advantage is the seamless and tax-efficient transfer from debt to equity, and vice versa. How to rebalance asset allocation in your portfolio Rebalancing simply means modifying the portions held in various asset classes in line with the planned asset allocation of the investor. 5 smart things to know about pension plans offered by mutual funds Mutual funds offer pension plans that allow accumulation of corpus for retirement by using a combination of equity and debt securities. Why you should avoid investing in closed-ended funds There is no performance track record to judge a closed-end fund. Having a track record helps in gauging the ability of the fund to deliver good results in the future. How you can boost your portfolio returns by paying attention to the charges applicable in mutual funds A high expense ratio reduces your returns. The money that would have gone into your pockets goes to the fund house if the expense ratio is high. Quote of the week "Today, what we got is not money but the trust of people. (It is) my responsibility to make sure these shareholders are happy." Jack MaAlibaba Founder Family Finances Why Gaurs need to start investing in equities to achieve their financial goals Despite a high income and low expenses, the Gaurs will be unable to achieve their modest goals, unless they correct the skew in their portfolio. Financial Planning How you secure your retirement by investing in equities Adequate savings, investment in equities and investments that beat inflation are a must to build a corpus for a comfortable retirement. Money-making venture How Ganesh Kini’s printing business has grown to Rs 3 crore in seven years He started approaching small- and medium-sized vendors in the city with the offer to design their receipt books, letterheads etc. Entrepreneurs How Dinesh Samudra’s Rs 6 crore Palash Healthcare Systems is growing globally After a career spanning over 17 years, Dinesh Samudra decided to create an identity for himself with the Rs 6 crore Palash Healthcare Systems. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It’s that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators Six things Ulip investors should keep in mind The switching facility in Ulips is a potent tool as it lets investors make the most of the insurance-cum-investment plan. Market is going to reward those who are invested in quality businesses: Mrinal Singh, ICICI Pru AMC The market is going to reward those who are invested in prudently managed companies and quality businesses, says Mrinal Singh. Online Ulip from HDFC Life is more cost-effective than mutual funds: Sanjay Tripathy ‘Even if you compare it to the current lock-in norms of equity-linked savings’ schemes and debt mutual fund schemes, it is a great proposition. ‘ ET Wealth’s first book on personal finance, You Can Be Rich launched An engaging panel discussion by leading experts marks the launch of ET Wealth’s first book on personal finance, You Can Be Rich. ET Wealth’s book ‘You Can Be Rich’ is a onestop shop for all basic queries on personal finance ET Wealth has come out with its first book, You Can Be Rich, aimed at educating its readers and making them more prosperous. Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2014 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here To unsubscribe or edit your subscriptions please click here

Why you shouldn’t invest like your parents in today’s financial world

Why you shouldn’t invest like your parents in today’s financial world No doubt your parents want to help, but they might not have all the answers you need. For one, they may not be aware of the market situation. Have an unsteady income? Here’s how you can secure a stable funds inflow The other way for keeping income volatility in check involves creation of alternate income avenues by way of income-earning assets. How to draft your will online Two recently launched e-will writing services have made the process of making a will simpler and a lot cheaper. How to use a large sum of money judiciously Several surveys have revealed that almost one-third of those who won a lottery ended up seeking some sort of bankruptcy relief within a few years. How to increase your tax savings To derive the maximum benefit from the new income tax rules, submit revised investment details to your employer.

Quote of the week "The best time to invest in the Indian market was last year when valuations were low. The second best time is now. Wake up." Ramesh Damani Member

Family Finances An early start, high surplus to help Mumbai-based Vakils meet all goals Financial journey can be smooth without much problem when backed by high income and surplus, as well as long-term goals. Financial Planning Know the real value of money over a period of time to avoid losses Financial products are designed and distributed to capitalise on the investor’s ignorance about the value of money over a period of time. Money-making venture How Anshuman Mihir’s Mytaxiindia.com is making life easier for the Indian traveller With the Rs. 7 crore Mytaxiindia.com, Anshuman Mihir is making life easier for the Indian traveller. Entrepreneurs How Bhavesh Sanghrajka’s love for high-rise buildings helped him build a Rs 22 crore realty company Bhavesh Sanghrajka’s love for high-rise buildings made him enter the realty sector and start Shraddha Life Space, Rs. 22 crore company. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It’s that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators

Revival of the hydropower sector to bode well for NHPC It has several projects in the pipeline and the projects can earn tariffs based on an assured return on investment (ROE) at a blended rate of 16.25%. How to interpret what your recruiter means Keep your job search on while you wait for the cards to play out. If you get an alternate offer, let your recruiter know that you have a deadline. Five smart things to know while investing in mutual funds Equities held in the portfolio are valued at closing market prices of the securities on the principal stock exchange. All you need to know while claiming your motor insurance The insurer typically has tie-ups with motor garages for a cashless facility and will pay the bills directly to the garage. How to gain more from unique funds like Edelweiss Absolute Return Fund, Goldman Sachs Liquid BEES Find out whether these suit your investing needs and how to make the most from them.

Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news

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Planning to buy property? Consider these 10 points before striking a deal

Planning to buy property? Consider these 10 points before striking a deal We tell you about the pitfalls that you should avoid and offer a comprehensive road map to help you undertake the most important investment of your life. Five tips to pick your first credit card The lure of plastic, with cashless transactions and free credit, is hard to resist, but it can also lead to a debt trap. Apple iPhone 6: What features should you expect With the latest offering from Apple set to arrive, speculation is rife about the improvements in the new version. How alternative luxury can help you save money Instead of splurging on costly desires that you cannot resist , find alternatives that provide satisfaction while fitting into your budget. How you can insure your investments against major risks Portfolio insurance is a technique, not a policy, aimed at protecting one’s stock market investments from a possible market crash.

Quote of the week "What you are seeing is the return of three confidences— consumer, corporate and investor. These are the biggest drivers of the market." Abhay Laijawala MD & Head of Research

Family Finances Realty-biased portfolio not prudent for Mahadiks, more equity exposure needed While the Mahadiks can depend on it to fund their goals, they will also have to increase their exposure to equity to realise their other goals. Financial Planning Are closed-ended funds opportunistic and harmful for investors? The incentives offered on selling closed-ended funds easily mobilises money, but ultimately, harms the industry, feel analysts. Money-making venture Work Better: Swapnil Kamat’s Rs 4.2-crore venture helps professionals Work Better’s clientele comprises big corporates such as HDFC Bank, Axis Bank, Mahindra & Mahindra, Deloitte and Trident Hotels. Entrepreneurs Paranjape Schemes: How Shashank Paranjape built a Rs 1,500 crore construction company With 60% of his new business coming through referrals from customers, Shashank Paranjape has managed to create a reputation for himself with his Rs 1,500 crore construction company. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It’s that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators

Simple and mandatory steps to follow while closing a bank safe deposit locker The safe deposit locker facility is one of the subsidiary services provided by a bank for keeping valuables safe. EMI vs SIP: Know which one of the two is a better bet The SIP approach has not taken inflation or taxation into account. Certain items, such as cars or gadgets, could become costlier if you wait for 1-2 years. Avoid dividend paying firms even though the payouts saw a spike last year ‘It doesn’t make much sense to play the dividend stocks at this stage. It will be better to go with growth-oriented stocks to really benefit from the recovery.’ Mid-and small-cap stocks attractive over 2-3 years: S Krishna Kumar, Sundaram Mutual Fund The capacity utilisation levels in most mid-cap companies are below 75% and, hence, they are wellplaced to capture this growth. Why logistics, a small pocket in the infrastructure basket, is a good bet ​The logistics sector is an often overlooked segment of the infra industry, which comprises major businesses, such as power and construction.

Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news

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God is in Control

Perfect Isn’t the Point.

Very good article written by a mother.  Men read and also learn with humility because much of it applies to us also.

One Important lesson:

Moving from disappointment to grace requires two shifts in perspective. First, we need to shift our perspective from who we think is in control (us) to who is really in control (God). When we trust that God knows what He’s doing, we become more flexible, especially when things don’t go as we planned.

The other perspective change is this: The moment in which we find ourselves is just as important as the moment we planned to be in. We need to embrace “what is” instead of dwelling on “what could have been.” When we allow God to lead and we embrace the moments we’re given, our hearts become compassionate and flexible.

Friends wish you all the best.

Are you making the most of your Employees’ Provident Fund?

Are you making the most of your Employees’ Provident Fund? Though it keeps a low profile, Employees’ PF is one of the most effective ways to save for retirement. Find out how you can gain big from it. VPF is better than the PPF: KK Jalan, Central Provident Fund Commissioner The allotment of UANs to EPF subscribers will obviate the need for transferring the balance. UANs have been allotted to 4.17 crore contributors. Why you should keep your gold allocation intact despite its recent poor run The primary reason why you should still maintain an allocation to gold is that it is the best diversifier available to an Indian equity investor. Stocks that will gain when the GDP revives If the Indian GDP grows at a faster speed as is expected in the coming years, the stock market will respond positively to it. Prepaid or virtual cards can help transact safely online Prepaid cards by non-banking institutions and virtual cards by banks can reduce the risks associated with online payments.

Quote of the week "There’s no reason why India shouldn’t go back to 7% growth. If India unleashes its full potential, it can grow faster than China." Hans-Paul Burkner Chairman

Family Finances Family Finances: Hulwans need to forgo some goals to achieve the more important ones Given the large number of financial objectives andlow surplus, the Hulwans will need to increase their equity exposure and forgo some goals. Financial Planning Three traits for investors to detect a fake company The recent case of PACL has brought to light a fundamental weakness in our society that aspires to get rich quick—no matter what the cost. Money-making venture Work Better: Swapnil Kamat’s Rs 4.2-crore venture helps professionals Work Better’s clientele comprises big corporates such as HDFC Bank, Axis Bank, Mahindra & Mahindra, Deloitte and Trident Hotels. Entrepreneurs CouponDunia: Why US-born Sameer Prawani chose to start his Rs 12-crore venture in India For someone who was born and raised in Boston, USA, setting up a venture in India would not be an easy task. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It’s that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators

Working with a Gen Y boss? Follow these steps for your own and the team’s good Born between mid-80s to mid-90s, also known as the millennials or GenY, they are off to a flying start. Four steps to secure unclaimed mutual funds payments Sebi says such funds have to be invested by fund house in shortterm debt instruments. Net asset value of these funds is also calculated. With unique business model, Repco to benefit from economic recovery Though its stock is cheaper compared to market leader HDFC, Repco quotes significantly higher compared to other mid-cap home finance companies. Don’t give financial crutches to your kids It is possible that the knowledge and expectation of regular financial assistance from parents takes away the imperative of working hard for oneself. Overall direction for the market is very positive: Navneet Munot, SBI Funds Management "Macro economic recovery is already underway, while the inflation is lower and incremental data and anecdotal evidence point towards revival."

Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news

Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET:

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