Wednesday, January 23, 2008

Sell books from home and earn money

Do you want to start a business without much investment ? . You can sell used books through amazon,ebay and other internet portals and earn money . "The Home-Based Bookstore" by Steve Weber shows how to start your own business selling used books on Amazon, eBay or your own Web site. Buy the book and start earning

Tuesday, January 22, 2008

Lessons from January 2008 (Stock markets)





The thing about life is that one makes mistakes. Many mistakes were made in the second half of 2007 and those sins have to be washed away by blood, such is the way of financial markets. Some participants will go down under and never be able to get back to the market again but most will survive. The pain will linger for many months, maybe years but lessons have to be learnt. Every such debacle has lessons for us and the sooner we forget them the more we suffer.

The first lesson is not to let stock price performance become the sole reason for buying, a mistake which was made in abundance in the last 3 months. What couldn't be explained by fundamentals was credited to liquidity. The present lost all relevance as people chose to focus on the distant future, perhaps simply because the present could never justify those ticker prices; only a hazy dream of the future could. Traders and investors had no time for fundamental analysts, in many cases they were labelled "cribbing fools". Chartists became the most celebrated tribe on the street as only they could see and predict the one way run to glory for many of the hot stocks even as fundamental watchers cringed at valuations....till the music stopped. Don't get me wrong, charts do work in trending markets but once stock prices veer away completely from fundamental value, people need to get careful. But they never are. Now that the blinkers are off, people should ask themselves why stocks like RNRL, Ispat, RPL, Essar oil and Nagarjuna fertilisers have lost 50-70% of their value. It is simply because their stock prices had snapped all connection with underlying business fundamentals, earnings and value. Their stock prices became the only reasons for buying them which works for a while but not forever.

The other big lesson, one which should have been driven in earlier in May 2006, is the danger of overextending oneself in the futures market. The lure of stock futures is easy to understand. Put in some margin, take a big exposure on a fast moving stock, make a killing when prices shoot up. Repeat exercise. Just that people forgot that prices may also come down and at a pace which noone can even imagine, maybe their friendly stockbrokers forgot to tell them that part of the story. The result : unbridled speculation that ran into lakhs of crores, excesses that we are paying for today. Even this fall will not cure investors of their love for futures speculation but if at least some amount of caution is injected it would have been a worthwhile learning. Futures are not toys for amateurs, they are time bombs in the hands of inexpert and inexperienced traders, it's only a matter of when the fuse runs out.

The other learning which I hope will play out in the future, as it has in the past, is that it pays to be brave in times of panic such as these. If I was allowed to invest myself , which I am not, I would have no hesitation in deploying serious money into the market today, knowing fully well that prices may fall more tomorrow. And I would be standing there tomorrow to buy more of the same, till my money ran out. India is going to be a terrific stock market story for many years to come, even an intermediate bearish patch cannot shake that conviction of mine. At best, one will have to wait a bit for the returns to follow. That's alright. You are happy to put money in a bank FD and then wait for one full year to collect that measly 8%, aren't you? Then why does the stock market need to give you 20% every month? In the last one year, I haven't seen so many good stocks trade at such mouth watering levels. Forget trading, avoid the duds which were fuelled up by operators, just go out and buy those bluechips. They will deliver, even if there is a global market meltdown for a while, and if you are a bit patient you will be rewarded. But do remember January 2008, as history will repeat itself again in the future. Just that our memories tend to be too short and our greed too much.

Udayan Mukherjee

NOTE: This column was written at 2pm, even as the markets were trading.

Monday, January 21, 2008

I.C.E (In Case Of Emergency)

We all carry our mobile phones with names & numbers stored in its memory but nobody, other than ourselves, knows which of these numbers belong to our closest family or friends.

If we were to be involved in an accident or were taken ill, the people attending us would have our mobile phone but wouldn't know who to call. Yes, there are hundreds of numbers stored but which one is the contact person in case of an emergency? Hence this 'ICE' (In Case of Emergency) Campaign

The concept of 'ICE' is catching on quickly. It is a method of contact during emergency situations. As cell phones are carried by the majority of the population, all you need to do is store the number of a contact person or persons who should be contacted during emergency under the name 'ICE' ( In Case Of Emergency).

The idea was thought up by a paramedic who found that when he went to the scenes of accidents, there were always mobile phones with patients, but they didn't know which number to call. He therefore thought that it would be a good

Saturday, January 12, 2008

Voltaire (Quotes)

VoltaireFrench author, humanist, rationalist, & satirist (1694 - 1778)

1.I have never made but one prayer to God, a very short one: 'O Lord, make my enemies ridiculous.' And God granted it.

2.To succeed in the world it is not enough to be stupid, you must also be well-mannered.

3.All sects are different, because they come from men; morality is everywhere the same, because it comes from God.

4.Every man is guilty of all the good he didn't do.

5.It is dangerous to be right when the government is wrong

6.Men are equal; it is not birth but virtue that makes the difference

7.Marriage is the only adventure open to the cowardly

8.I disapprove of what you say, but I will defend to the death your right to say it.

9.God is a circle whose center is everywhere and circumference nowhere
Content courtesy : Sandy

Friday, January 4, 2008

Online Games

Hey folks interested in online games ?? i have found out a new website called bigfishgames which has got new games . what are you waiting for go to bigfishgames . Happy gaming

Hey ppl check this link about chocolate gift my friend got

http://ilint.blogspot.com/2007/12/screw-jewels-i-want-chocolate.html

AmeriPlan

AmeriPlan ? What is it? Let me tell you about this. AmeriPlan is an insurance company which provides insurance policies at a lesser premium, so that it can be affordable to all Americans. Generally many Americans do not have access for a good insurance plan due to higher rates of premium.

Let us see about Ameriplan, this company is based in USA. How AmeriPlan is different from others? You can avail your benefits by paying your registration and membership fees for the first time. Ameriplan gives you maximum flexibility. There is no other company in the country that gives you so much freedom as how you will go about your healthcare needs. AmeriPlan Health will for a whole family. If you need a more comprehensive type of plan, you will certainly love the AmeriPlan Health. This plan gives you access to great discount on dental, vision, prescription and chiropractic services.

Apart from health care they also have Home Insurance which covers the house owners unto the level they have insured. So folks what are you waiting for visit Ameriplan today and enroll yourself with AmeriPlan insurance policies.