BizAdvice: Looking for Investments..? Look before you Leap!

Some say the markets have bottomed out..
Some say there may be a 10 - 20% of downside from current levels.
Some say this is the best time to invest.
Some say wait for some more time.

Yesterday I was reading an article, where each and every crash has given an above average returns.

For instance if you take the Great Depression of 1929, the global stocks fell about 80% but rose to a level giving returns of about 600%.
Thats the beauty of investing when no one is there in markets.

Sell when All Buy - Buy when All Sell - This is the simple logic I've been following all these days.

Let me come to the point - If you are going to invest in any form of investments - Stocks, Mutual funds, ULIPS etc. follow the following STEPS.


1. If someone assuring you certain returns, ask then in writing - the written documents will give the true picture.

2. Read and understand those docs - it might be lengthy, in font size of small ants, discouraging you from reading. But read it! Afterall, its your hard earned money.

3. Verify the legitimacy of the investment

4. Find out what are all the costs associated with the investments - like Mgmt cost, transaction cost brokerage etc.

5. Assess the risk-return profile of the investment - The risk must be usually proportionate to the Returns.

6. Compare these details with other investment opportunities available, sometimes there might be another guy for the same investment profile with no or low cost of investment.

7. Ascertain if it is appropriate for your specific goals and examine if it fits in with other investments you are considering or you have already made.

8. Deal only through an authorised intermediary

If all these are satisfying you, then go for the investment.

Happy Investing!!

Dont Say No to NaNo!

Hi,

Nano Drivers Unveiled Nano at Marine Drive in Mumbai!
A gala function held few minutes at Parsi Gymkhana - Tata ppl unveiled the Nano car - actually three - one silver, one red and another classy yellow.
Huge number of spectators were present in the function and welcomed NANO with a huge applause.

Well, many of my friends were saying a big ‘No’ to ‘Nano’.
Why shouldn’t you say NO –

Though it is smaller than Maruti 800, it has more internal volume.
It complies with Euro and Bharat emission norms
It’ll have a max speed of 90kms.
30 litre fuel tank.
Rear engine

These are the tech spec of the car.

On the other hand they are going to give away only to selected ppl, so not all who are going to book the car can get the car.
So there are possibilities of Resale of the car can fetch you a premium. I am sure it may fetch atleast 20 -30 thousand rupees profit when re sold.
Also, the down payment is the cost of my Woodlands shoes - Yes! its just Rs.2999/-
The EMI for the car will be less than your monthly telephone bill - Its expected to be less than Rs.2000 /-
The second round of delivering cars may not stick to the same 1 Lac price tag. It may rise up.
Above all pride of holding A Car which was the spoken about all over the world than anyother car.

I think, The Car may be Small - but the Hopes are Very Big!!


http://www.tatananodlx.com/tata_dealers/dealer_chennai.htm

So, what are you waiting for?
Gear up! Sign ur cheque leaf for Rs.2999/-
You can also book the Nano at most oulets of Westside, Chroma, Titan and someother Tata company showrooms.
Check with www.tatanano.com
Call me if you are lucky enough to get a Car in the first round!

Until then TATA - Bye bye..