Mayank Rocks

Guest Posting has been enabled

Mayank — Sun, 05 Jul 2009 19:30:21 +0000

Guest posting has been enabled on this blog. All you have to do is to register on the blog and then login. Now once you have logged in, you will be redirected to the admin panel where you just have to write a new post and submit for review. And I shall approve the post once I check it out. You can include links to your site/blog in your post since the content is written by you. Please submit blog posts only relating to the topic and not anything random or also not just a blatant spam advertisement. If I find your post not worthy of approval, I shall contact you by email and we can discuss about it. Hope to see the guest posting feature performing nicely in near future.

Benefits of Systematic Investment Plan(SIP)

Mayank — Sat, 04 Jul 2009 16:41:54 +0000

As I had already shared, SIP is a method of investing a fixed sum of money regularly in a Mutual Fund Scheme. It is quite similar to regular saving scheme in a bank account like a recurring deposit. The only difference is that there are good chances of getting a better return than a bank deposit when investing in stocks.

Benefits Of SIP

SIP offers you tax benefits which could come in handy if have to pay income tax.
Regular Investment makes you disciplined in your savings and also leads to wealth accumulation.
SIP comes with a locking period, so even if you wish to spend you cannot as the funds are locked and cannot be taken out.
In SIP, invest as low as 500 or 1000 rupees. There is no need to worry if you do not earn a lot of money as you can still be a market investor with as low as 500 a month and even that would come up to be quite a good sum after a few years.
In SIP, you invest in mutual funds where your investments are managed by market experts and professionals who have good knowledge in this field, so you have a chance to do much better than that of investing yourself alone.
In SIP, you will be purchasing units at all phases of the market, high or low, depending on that you get the units share and so you dont need to worry about market going up or down. But just have to wait for the right time to take out your money after the scheme is over and no more deposits are being done. Thus your investments get averages out at the end and the loss is very limited which isnt the case when you invest all at once.

What is SIP and why is it preferred?

Mayank — Fri, 03 Jul 2009 15:11:47 +0000

SIP refers to Systematic Investment Plan. SIP is a method of investing a regular amount of money every certain time period, say a month. It is an alternative to investing a large sum of money at once. SIP is a good method of investment, specially for those who do not have a large sum of money to invest at a go or even if they have but they are not able to invest all of them at the same time, due to whatever reasons. It is a good method for those who are working and earn a fixed sum of money every month. Like for example, if a person earns 20,000 rupees a month and his expenses are 10,000, then he can easily invest at least 5,000 a month. Most of the working professionals do not have a large sum of money to invest, so they can go into SIP method and can save quite a lot of money on a recurring basis and also enjoy good returns on his savings. SIP is also preferred by those people who wants a good saving but cannot resist spending money. If their money would directly deduct from the account and go into a plan that has a 3 to 5 year locking period, then there is no chance they can take out money or spend anywhere.

In SIP method, you buy share units every month/quarter based on the share value at that current time. So it balances itself at the end, since we know that the market keeps going up and down every time and your shares will be bought at a time the market is low, as well as at the time the market is high. If the market is too high at a time you want to invest, SIP is the best way to go, since if you invest a large sum at a high price and the market falls, your large sum value will go way down but in SIP, you only purchased a little bit at that high time and once the market falls, you do incur a loss but only on the small sum you invested, all the rest of the investments that will proceed in further months will be bought in a lower market value. So like I said, it averages out at the end.

But remember that SIP does not offer you a very high gain that you can get from a one time investment of a large sum but it is more sort of a very safe play and plus keeps regular disciplined savings. If you have a large sum of money to invest in the market and want a good gain on it then prefer some one time investments of large sums in different sectors of the market, specially at a time when market is going low.

Indian Union Budget Is Nearing

Mayank — Thu, 02 Jul 2009 12:06:52 +0000

You must be aware that the indian union budget is on July 6. The budget could have a good impact on the Indian market. We could see quite some rise or fall after the budget. The sectors that are most likely to get the benefit will rise up sharply. The infrastructure sector is most likely to get a boost after the budget and so the companies in this sectior would do good in the coming months. I would suggest investing into Unitech, IVRCL, DLF etc companies as they are most likely to go higher up in the coming days. They have also performed pretty well in the last 6 months, IVRCL doing the best with a whooping 321% return. So if you had invested 1 lakh in IVRCL 6 months back, you would have got back around 3 lakh 21 thousand now.That is quite a heavy return in just 6 months although we know that most of the companies have performed well, but 321% still beats most of them. Reliance Infrastructure has also performed pretty well and that might continue to perform good now that we know infrastructure is to get some boost in our budget. I would suggest you to buy some stocks in these sector immediately to reap the benefits rather wait for the budget as it is not that useful once the stocks have already risen.

There could also be a benefit in the education and power sector. Rural and Export areas are expected to get some benefits as well. So you might want to eye on those sectors also. Some of the big players are investing into all sectors to minimise the risk, that could also serve well. Now lets sit back and hope that the budget serves in favour of us.

Welcome to mayank rocks dot com

Mayank — Wed, 01 Jul 2009 13:20:40 +0000

Hey and welcome to mayankrocks.com again!

I know it is stupid that I had to fresh start everything again, but I had no option left. I had to make necessary changes on the server for which I reloaded OS, and I had forgotten that mayankrocks.com is functioning under a different account and when I took the main account backup, there was no backup done for this blog. Due to this, I lost almost everything I had on this blog. Well now it is time to start fresh again. Hopefully I will be updating the blog regularly and wont slack. I will be looking forward to share quite a bit of information with you all. My focus would be on business, marketing, finance, investment and money related topics. All the topics are interrelated and it would be fun to write about it.