Wednesday, December 27, 2006
Is 'Crazy Kiya Re' driving people crazy?
Tuesday, October 31, 2006
Real turns Old : Go Virtual
Its just a week i have been introduced to this superb concept of virtual life with gaming. Woww!! The things you can play here is just limited by your imagination. You can live a new life doing everything you can do in this real world. Wanna make a Chinese friend, create your own Las Vegas lotto machines, play a concert to the whole world, invest in land and earn money for people sitting out there!! Concepts like Real Cash Economy in which the gaming currencies can be redeemed back to real world funds!! An Asteroid Space Resort that was sold out for $100,000 US Dollars!! My goodness, Sounds awesome, aint it?
Yeppie, Welcome to the Virtual Universe, The Online Digital World of Gaming imagined, created and owned by its residents. Games that make footprints beyond your imagination : Second Life(http://secondlife.com/), Entropia Universe(http://www.entropiauniverse.com/), Cyberpark(http://www.dotsoul.net/). What are you waiting for? Go there, download and experience the next-gen virtual economy.
Monday, October 30, 2006
Are you an Adsenser???
Adsense is a feature offered by Google to make money online with no investment. You just need a site to begin with, the site may be a blogsite too. You register for Free with this Adsense program, provide a sitename for Google to crawl through, and start writing your contents. Once Google gets sufficient substance in your site, it starts displaying Ads based on the site-content.
Once people start visiting your site and clicking on these Ads, Google automatically credits your account based on many factors(who cares..). A very simple way to generate money, this is really worth a try.
A good example is what you see in red in the right hand side, and in the bottom of this site. So before leaving this page, it would be great if you could make a click on these Ads. Giving a penny for this blog :-) Thanks dude, You are making me richer!!!
Saturday, October 14, 2006
Online Trading : How to go about it!!
Wait! Think before you proceed!! Trading as opposed to investing is watching intensively at the stock market day-in and day-out, studying the trends in the stocks as they move up or down, and squaring up positions to end your day in net loss or gain. Trading also has several flavours. You may trade in stocks, options, commodities, hedge on funds, go short or long, or even take your 10$ profit from Dow Jones too..Lots of options to watch out for, but are they really worth your money.
If you are really crazy about trading or about stock market, or you are a person already there for around 10 years, please click on the Close button and exit, because this is just a start-on tips session and also I am no person here to convince that you are doing anything wrong. But if you are in a dilemma to invest in stocks/options, here is my advice rather experiences that can place you in the driver's seat.
Online Trading is very easy..Its all about registering with a reliable broker and choosing your right stocks to invest. First, analyze different alternatives by getting brochures from different brokers like KotakSecurities, ICICI Trading, Angel broking, HSBC Securities, etc.. Ok!! What are the things to look out for?
First, watch out for the Brokerage rates..This is very very important. This affects your everyday transaction, and would turn costly if you dont select the right one. Ask the broker if he has any corporate offers(Kotaksec has it, I am with Kotak-so i can give more info on this), then check the Intra-Day and Inter-Day Brokerage rates. My dad took an ICICI Trading account, and for the high brokerage rates it provides, even the small profits he makes turns into severe
losses due to brokerage. Kotaksecurities is pretty descent(0.05 paise/Rs.100 for Intra-Day and 0.45 paise/Rs.100 for Inter-Day trading).
Second, ask him the Startup charges and monthly/annual rates for a demat account. These days, when you start an online account for trading, brokers provide options to hold a 3-in-1 account(Bank a/c + Demat a/c + Trading a/c). Now for starting a demat a/c, there may be options like Rs.30 per month or Rs.750 per year. Kotak provides the former in one of its plans. Then the startup criterias. A trading account in Kotak requires you to have a minimum of Rs.1000 to start with, the bank account to have a min of Rs.2500. Now after all this, and lots of other formal procedures, you will get a Welcome Kit after two weeks.
Third, and really important, check out the Services the broker provides. Services include daily recommendations by SMS that cover both intra-day and inter-day investments, Call-and-Trade facilities, etc.. While asking you to start an account, he says they provide you good regular recommendations to buy a particular stock, etc. But Kotak really Sucks!!! I have never received a recommendation till now and it sure drives you crazy. They have Call-and-Trade facilities like 20 free Trading calls per month but the service Kotak provides, I am fed up with it.
Ok!! Now having opened an account, the next big step is choosing the right stock. Thats completely in your hands. If you are going for a long-term investment, I would suggest you invest in biggies like Infy and they are sure to give you returns. But if you want to play with the market, and go for Intra-Day trading, thats where you need to very very careful.
Remember, 90% of people have lost huge amounts of money in Intra-Day trading. But I went for it to be in the other 10%, but it ultimately turned the other way. Profits came for me in termed of tens and hundreds, and losses in thousands and thousands. I have stopped trading now to take a break i would say, but I am no way quitting it. Who are those bloody idiots to take away my hard earned money. He who quits fails. I will return to conquer.
So if you have lots of time, and wanna gain lots but with huge risk, go for Intra-Day trading. Else i would say Invest!! Thats my mantra now.
My Tips:
1. Invest only that money which you are ready to spare with. Understand your risk portfolio.
2. Dont buy in one exchange and sell in the other. It can go for a Short-Sell.
3. Never short-sell unless you are sure the stock is moving down. You can go Long any time, but once you short-sell, you have to sqaure-off the same day, and if not, stocks will go for Auctions.
4. Never be in a position to give your stocks for Auctions. Big losses can accrue if your shares go for it.
5. If you have no other option but your shares need to be auctioned, discuss with your broker and try to avoid it by transferring some of your friends/relatives shares to your account.
6. Never go for Options/Derivates/Investing in Commodities unless you are very sure about it.
In spite of all these, I would still say I had a very good experience in the Stock-Market. After all, this is what is ruling the Indian economy now. Whatever be the result, its nice to have experienced that, because every moment in our life triggers our understanding to live better. Happy Investing!!
Chennai Real Estates : The Best Investment
First of all, it depends on what kind of portfolio you are looking out for. Are you going to buy Stones or Mud..If you are settling for stones, are you looking for a new one or a resale. And moreover, is it going to be a flat in a 10-floor apartment, a semi-independent or an independent duplex house. Oops!!
S No | Chennai’s Hot Areas | Price per ground(2400 sq.ft) in lakhs |
1 | T Nagar, Nungambakkam, Mylapore, Adyar | 100-300 |
2 | Velachery | 45-125 |
3 | 6-17 | |
4 | Sriperambadur(near Nokia and Saint Gobain) | 4-9 |
5 | Pallikaranai, Medavakkam, Chitlapakkam, Ponmar | 4-40 |
Now before buying a plot or a house, think hard and evaluate all its alternatives. Remember, this is a life time investment. First, have a look at the area, the surroundings, the situation there whenever there is rain(if you are ready to hire a boat, then its fine), the legal issues, abutting roads, CMDA/MMDA approval, processed patta, the history of the seller, the price-differences in that area and value-for-money(near road corner plots are good) investments. Moreover, for legal issues, double check with good lawyers, and get clarified for anything weird that may happen. If you going for a private seller rather than a reputed real estate agent, be careful about double-dealings also(heard that there are lots happening in areas like Pallikaranai).
Now after you buy a plot(if u building a house, then no problem), maintenance is very very important. You may think I buy a plot, leave it alone for 2 years, and then sell it off at double/triple the rate. Uhh!! Big mistake!! After 2 years, you return to your plot and see a whole colony living there. Regular maintenance of your land is really essential. Once a month, just have a view of your land, fence it just after your buy and have a local person in chennai to constantly monitor. That would bring down the risk of your investment.
But the other side(i would not say this as a disadvantage for the retuns you get) of investment in land, you get Zero Tax Benefit which is not the case when you buy a new house/get a resale flat. So the decision to invest in this business should be highly planned and executed, and I am sure you will reap tremendous benefits for the little risks you take. So my 2 paisa for Investments at Chennai!!
Thursday, October 12, 2006
A Role Model for Telecom industry!!
Friday, September 29, 2006
Life as a S/W Engineer (Part 1)
Cannot be termed as a 9-5 job, no hard-and-fast rules to abide by, no daily reporting to my superiors, and lots and lots of freinds to party with(we 93 freshers joined on the same day), VZ provided the height of flexibility, the place I would call 'A DreamLand'. I never felt i was out of college( i would say i enjoyed more after joining VZ), we had around 40 days of training with 15 days of non-technical stuffs.
Every week, we board a bus to a resort, spend our day playing exciting games, and dance our way through the DJ special Taj dinners. One month, it was absolute heaven!!
Then the real taste of Taj food started, the routine work, with bugs(oh man!!this word sucks) and enhacements(nothing very special about this one too!) to fix up, and toil through various releases, just to earn an annual 5% increment. It was these days that i realized the real power of Living, the need to enjoy the days we live. Whats up just working up, burning midnight oils just to stay through the much-hyped releases(as the offshore people term them) and earning a small peck of the whole world of funds the company gets. Am i really getting what i deserve? Definitely a big No.
Balance(life and work) - the virtue of this word first time realized!!! I would title this as my valuable Enlightment!! I am proud to have experienced this!!