..................................................................
How to pay for this issue?
Headline News in this issue:
- Investment opportunities for NRIs
- US prints a new dollar bill
..................................................................
Investment Fundamentals
- Sagar
SENSEX: 10,581.5 DOWN 50.1 % from 52-wk high
..................................................................
• Government securities or Units of UTI through authorised dealers. Units can also be directly purchased from UTI.
• National Savings Certificates
• Portfolio investments i.e. purchase of shares / debentures of Indian companies through stock exchanges in India. This facility is granted both on repatriation and non repatriation basis.
• Investments in Mutual Funds
• NRI's holding Indian passports and persons of Indian origin enjoy parity of status. Therefore they can Invest in or Inherit Immovable Property subject to certain exceptions and prescribed conditions. Housing finance companies and banks have been permitted to offer home loans to NRI and they can repay home loans through inward remittance using normal banking channels or by debit to his NRE/FCNR(B)/NRO account or out of rental income derived from renting out such property.
There is no lock-in period with regard to immovable property that is inherited however, repatriation of funds from a residential property is restricted to a maximum of two properties only.
http://economictimes.indiatimes.com/Investment_opportunities_for_NRIs/articleshow/3605078.cms
US prints a new dollar bill
United States today printed new dollar bills to depict the realistic picture of the American economy. A picture of the same is printed above.
For news in detail, visit The Economic Times ePaper
..................................................................
END OF THE DAY STATUS OF THE STOCK MARKET:
Sensex came down by 2.1 % today.
. UP..........3.3 % from 10,239.76 the 52-week low of BSE-SENSEX
Investment & Wealth Creation Advice:
You should now consider making systematic investments over the next few weeks after taking investment expert's advice. If you are planning to invest amount X in the next couple of months in equity shares / mutual funds, then invest 10% of the amount now, as the market may go down further. After a week or so, you could invest another 10% and so on.
Click here to display NSE CNX NIFTY Chart
Watch very interesting videos on YouTube !!
Watch the latest videos on YouTube.com
- Never put all your eggs in one basket. De-risk by making equal investments in realty, fixed-interest instruments, equity / mutual funds and gold when the time is right for making these specific investments.
- Out of the investments planned to be made in equity & mutual funds, make equal investments in 10-15 stocks with strong fundamentals, belonging to 4-6 sectors OR equal investments in 3-5 diversified mutual funds OR a mix of these two asset classes.
- Never invest based on your gut feel or a friend's advice.
- Never make speculative investments. Listen to two or three time-tested investment advisors.
- Never make these 3 common mistakes: 1. Buying shares of a reputed company at a wrong price, 2. Buying shares of a bad company at any price, 3. Buying & Selling shares without consulting time-tested investment advisors.
- Never depend entirely on your broker for making all your buying & selling decisions. Do consult at least two time-tested investment advisors.
- Never lose money. Define your stop-loss rules in consultation with time-tested investment advisors to protect your capital.
- Never borrow to invest in stocks.
- Never believe that you are destined to make it big. Such beliefs often lead to wrong decisions and major losses. Be rational. De-risk. Listen to time-tested investment advisors.
- Avoid investing in stocks / mutual funds or realty or gold when their prices appear to be at a high. Make Systematic Investments with a long-term view when they are at a low.
- Keep the stocks for a long-term or make Systematic Divestments when the markets appear to be at a high.
- Caution: Speculative & Short-term investments and investments made without consulting time-tested investment advisors could be detrimental to your financial health.
To open NRI.NewsIndia, click on:
http://nri-newsindia.blogspot.com/
To open NRI.CultureIndia, click on:
http://nri-cultureindia.blogspot.com/
To open NRI.SearchIndia, click on:
http://nri-searchindia.blogspot.com/
NRI.SearchIndia
NOBODY can Search India better for NRIs than this search engine

..................................................................
Do send your feedback / suggestions to NewsIndia.NRI@gmail.com.
Also, forward NRI.NewsIndia to your NRI friends. They may like to subscribe.
..................................................................
SUBSCRIBE: If you would like email-ids of your friends to be added to our mailing list, then do send their email-ids to us or ask them to send their email-ids to us for inclusion in our mailing list. To subscribe, write to nri.newsindia@gmail.com.
..................................................................
| Subscribe to NRI.NewsIndia |
| Visit this group |
No comments:
Post a Comment