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Showing posts from December, 2017

Gold will rise in next 2-4 years.

As seen in the different currencies, Gold is seen to be ready to rise. It will not come down now. If you plan to buy, it's a good starting time. Better to invest every year. A good option is to buy gold ETFs in stock market. Banks like HDFC, SBI and AXIS have gold ETFs listed in the stock market. For that, read my post in that topic. Search for ' how to buy Gold ETF in India ' in the search box on this blog. Click on Images to enlarge.

Fwd: Proper evaluation of mutual funds - take care of these un-noticed charges

Use this site to know the various parameters not seen i most websites showing details of mutual funds:  https://www. valueresearchonline.com/ Pay attention to ' Expense' or ' Expense Ratio (%)'  and ' Exit Load'  of a mutual fund also. The above website compares the mutual funds in a category on the basis of 'expense' also.  For example, generally, Franklin templeton group of mutual funds has more expense charges as compare to others. If we don't include it in calculation of net return, we will do wrong expectations. However, t he NAV of a mutual fund is calculated after deducting expenses so the returns which are being calculated are also net of expenses (this is as per reply to my mail, by a mutual fund brokerage firm) The expenses take a toll in the long run. Mutual funds give big returns only if you invest for a long horizon using SIP to invest and SWP to withdraw. search for 'mutual fund SWP' in the search box on my blog for understandin

Reliable Bitcoin purchase process in India

Bitcoin, Ethereum , all these are called cryptocurrencies. For bitcoin purchase, the most reliable site as per reviews and comparisons I found is: https://www.unocoin.com/ It is based in India. the helpline number picks up phone after few minutes but is quite helpful. If you want to purchase ethereum (ETH), you can buy bitcoin and change it via many sites which enable the change with a fee of 0.5%. But I have decided not to go for ETH at the moment (as on 06-Dec-2017) as I see its technicals in chart going weak. https://bitinfocharts.com/cryptocurrency-charts.html To buy ETH, this org based in Hyderabad can be used, but they are not opening new account as of now. https://ethexindia.com/ How to change to ETH fro bitcoin. Read lower part of the webpage: \ https://cryptoauthority.in/how-to-safely-buy-ethereum-in-india/ Cryptocurrency charts to get a overview: https://bitinfocharts.com/cryptocurrency-charts.html Meetup coordinated by founder of https://ethexindia.com/ https://www.meetup.co

How to protect yourself from a bank bail-in (in Greece, Cyprus, or anywhere)

1. Moving at least a substantial portion of your cash on hand to an  offshore banking jurisdiction , even if you are currently living or banking in a safe haven. 2. Keeping your bank accounts under any  government deposit insurance  limit. Governments in the west have already fired the first shot across the bow that they won't even honor their own limits in times of crisis, so it makes sense to at the very least divide your money across enough accounts so that it does not exceed those limits. 3. Keep cash or  gold  on hand for use when ATMs where you live go dry during a bank run. 4. Never say, "it can't happen here". Because it can. _________________ The best offshore banks for 2017 : http://nomadcapitalist.com/2015/03/27/the-best-offshore-banks-2015/ ______ Ref http://nomadcapitalist.com/2015/07/06/how-to-protect-yourself-from-a-bank-bail-in-in-greece-cyprus-or-anywhere/