Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Monday, April 28, 2008

Buy Gold Bars/Gold Coins in Coimbatore: Jewellers, Jewellery

Why Buy Gold Bars in Coimbatore

Gold bars are a safe haven for asset protection as well as a good future investment. Basically the value of gold does not change with regard to the goods and services you can get with its value. And ounce of gold still purchases the same value of goods and services as it did many years ago. But the amount of fiat currency which the gold value is assessed by does change and, as the economy goes through recessions and inflation, the apparency is that gold is worth more when actually it is the currency which is worth less.

A good reason to buy gold bars and not sell them.

But if you do have to sell some gold, bars are good as they are accepted anywhere in the world.

Read this website for all about gold investment

Some jewellery shops in joy alukkas and coimbatore.

Sunday, April 20, 2008

Investment Tips: Coimbatore Personal Finance

William O'Neil, Chairman of Investor's Business Daily throws some useful tips on Investment:


Tips on Investment:


�Consider selling stocks that have not risen 20 per cent or more after 13 weeks. And consider holding those that have risen 20 per cent in 4-5 weeks. These may go on to be the biggest winners of all.�

�Diversification is a hedge for ignorance. I think you are much better off owning a few stocks and knowing a great deal about them.�

�The whole secret to winning and losing in the stock market is to lose the least amount possible when you�re not right.�

�What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.�

�Even the most successful investors make mistakes. Poor decisions lead to losses, some of which can become quite awful if you are not disciplined and careful.

You must positively accept that rule number one for the highly successful individual investor is always cut short and limit every loss.�

Sunday, April 13, 2008

What is the plan to put up, if an NRI wants to go back to Coimbatore, India?

You are an NRI or NRM? You always think about your home town, your home country. You are home sick. You are sick of your host country, where you have migrated? You think you will be better off, if you go back to Coimbatore(your home town or your home country). and do your own business.

If you are an NRI/NRM and wants to go back to Coimbatore, here is the plan I would suggest:

1) Have an AIM/GOAL written down in a single page. Let it be very short and sweet. Discuss your aim and/or goal with your spouse and children(if more than 10 years old).

2) Have a written personal and business plan, specifying your short-term, medium-term and long-term aims and plans on executing them.

3) Have a risk management plan. that is plan-B. What if, it did not work. Have Plan-C. What if, your plan-a and plan-b did not work!?

4) Build immovable assets, before you return back. For example, buy land or house in Coimbatore.

5) Have money generating assets in Coimbatore. For example, you should not be doing much work, but you should be getting some money for running the family. Say - a rent from a house you have rented to somebody else. Say - a rent from a commercial complex in Coimbatore.

6) Have a huge emergency fund. Deposit it somewhere, so that you either get a monthly income out of it and make sure it is liquid OR it can be a long-term growth deposit.

7) Have a retirement plan and fund it periodically. Have an insurance plan. If anything happens to you, what happens to your family. Be prepared for htat.

8) Have good amount of initial investment money for your business you are starting.

9) Be sure you are hardworking, consistent with your goals. Update your goals and plans as you proceed.

10) Be passionate with what you are doing and what you have planned to do. If you are passionate and if you love what you do, no one can stop you from your SUCCESS.