India Shining to India Whining?

Brother, do not invest in MFs as they have lots of costs associated. I have seen MF very closely.

Rather, go for diversifications in different sectors of securities ( Tech, Banking, Telecom etc) and have a low risk portfolio of your own. There are shares like Info sys, Reliance etc which have always given very good returns even during bad times. And At least you will be saving on the unnecessary fee charged by dumbo and greedy MF managers.

Do not invest everything on a single day - make it a habit and I am sure in long run it will give you very good returns.

Real estate is surely a good option. Again, depends which area you invest in and how fast that will develop.


FD - I dont think so. As per current rates you will get only 7-8 percent annual return for blocking your money. At the current inflation rates - you are actually set to lose money if you compare with value of money factor for next one year.



jakhar77 said:
Thanks Kapil Ji. This is what exactly kept me waiting for some time. I am not able to assure myself that the economic scenario will improve in near future. The Euro-zone crisis, Indian growth rate, political chaos (local and international), all are giving enough signals not to get into the markets now, even MFs.
The fears are actually getting more and more clearer day by day, let's how the future unfolds. At the moment, as you suggested FD and real estate may be good options.
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Media/Entertainment, Airline?
anilsangwan said:
Rather, go for diversifications in different sectors of securities ( Tech, Banking, Telecom etc) and have a low risk portfolio of your own. There are shares like Info sys, Reliance etc which have always given very good returns even during bad times. .
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India can still grow by 10 % or more provided reforms are speed up, improve road/rail network and most importantly SUPPLY CHAIN MANGEMENT.

Better SCM wil check inflation and will result in more votes to the govt. Rather than muslim or hindu reservation why not get votes through better SCM and fast track approving various projects caught in red tape and allowing selective FDI. This inflation in india is man made by these drama queens (Politicians) so that their Masters (businessmen) can enjoy. People in our country need to understand Property doesnt always go up so stop spending everything buying property. They come down as well. Look everywhere.

More Reforms > More Growth > Less inflation > More FDI.




Ind. sector dropped by 5.1 %?

Someone said it right you dont have to go to Oxford to know this. This is basic economics. An economy whose basics are not strong will burst like a Ferrari with worn out tyres.
 
हो सकता है की आप की बात सही हो...... विदेशों में जमा कान्ग्रेस्सियों का काला धन जब भारत में लाना पड़े तो ज्यादा रुपये मिलेंगे..... और अगर कुछ टैक्स देना भी पड़े तो वो exchange रेट के चलते टैक्स के नुक्सान की भरपाई हो जाए....... कांग्रेस के राज में कुछ भी हो सके स........ आम आदमी तो बिना पता चले हज़ारों करोड़ के घोटाले कर दिए........ RBI के माध्यम से घोटाला करना कांग्रेस के लिए मुश्किल बात नहीं है...... यह लोग लालू की तरह बेवकूफ नहीं हैं की चारा खाएं और पकडे जाएँ ....... घोटाले भी टेक्नीक से करते हैं........मालामाल भी और पकडे भी ना जाओ.....

हरयाने में भुप्पी ने भी तो यो इ कर्या स ... चौटाला की तरह अगर ज़मीनों को अपने ट्रस्ट के नाम करवा लेता तो बदनाम हो जाता...... इस ने वो ज़मीने reliance जैसों को बेच दी और करोड़ों का कमीशन खा लिया.... लोग दिए जाओ गाळी reliance को...... गोवा में बंगला के मुफ्त में बन्न जा स....
हरयाणा में हूडा के सेक्टर काटने की बजाये बड़ी बड़ी कंपनियों को पूरे के पूरे सेक्टर दे दिए.... उस में के कमीशन नहीं आया होगा...... ये sunCity आले, TDI सिटी आले...... अंशल आले.... ये के मुफ्त में अपने प्रोजेक्ट पास करवा रे सें ?

रोहतक में हूडा का एक चेल्ला स...... पोपट नाम का..... सुशिल गुप्ता नाम स उसका वैसे...... भुप्पी की सरकार आवन तें पहलाम वो किराए की matador चलाया करता.......... मॉडल town रोहतक mein में किराए पे रह्य करता....भुप्पी उस केने दारु पीया करे jis रात रोहतक में रुके.... उसने एब्ब कोठी बनायीं स तीन मंजिल की मॉडल town में वोह भी जिस के तीन साइड ने सड़क लागे स.... उसका पूरे चेएजे का काम suncity आल्यान ने कार्या स.... मजदूर, सेमेंट प्रे-मिक्स के ट्रक... shttering सब कुछ सनसिटी वालों का........ फ्री में किसे और का घर बनवाते नहीं देखे मेंने सनसिटी आले......कीमे तो फायदा करवाया होगा उनके....... यो इ तरीका स टेक्नीक आला..........



Yeh dekh lo ebb Sushil Gupta urf POPAT ki aukaat:

http://www.google.com.au/search?q=प....,cf.osb&fp=d3d1e45a7600a66e&biw=1028&bih=416



थोडा सा ऑफ टोपिक हो गया लेकिन शायद आप का पॉइंट सही साबित करने के लिए लिखना पड़ा...



annch said:
Not to derail the main discussion, there are also UPA-RBI conspiracy stories doing the rounds that INR devaluation is deliberate and orchestrated.....
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annch said:
Well, to bring the black money home!! And to propose and bring in choicest FII...Lame, right?....But then it is CONGRESS!!!!
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It is sheer hypothesis. The fact of the matter is, currencies cannot be kept hostage by national banks for long where market forces are at play.
 
vpsingh said:
It is sheer hypothesis. The fact of the matter is, currencies cannot be kept hostage by national banks for long where market forces are at play.
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:) If Congress can control the value of Rupee like this then, I dont know, they can kill the market and market will kill them.
 
vpsingh said:
UPA allies like MOMTA are major irritants in the reform process. Even parties like BJP, which were in favour of 100% FDI in all sectors in 2004, are hell-bent now not to allow the government to take credit of any major reform. Their sole agenda is downfall of the government so that they themselves can introduce all these reforms which are unavoidable and have to take place sooner or later, if the Indian economy is to be saved from Euro-Zone like crisis. In this phase of global recession, even some Euro-Zone countries are going around with begging bowl to solicit FDI. I don't understand, why our opposition is so wary about it. This is vote-bank politics.

More FDI>More employment>better price for farm produce>increase in purchasing price of farmers which constitute a major chunk of population>better infrastructure>increase in growth rate>less inflation>better quality of life>
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Selective FDI is the key word. We cant allow uncontrolled FDI in all sectors.
 
anilsangwan said:
घोटाले भी टेक्नीक से करते हैं........मालामाल भी और पकडे भी ना जाओ.....
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100 ki 100 bhai...abhi picche si ek news aayi thi export data error se related. Overstated exports figures by 9 billion.

Kuch point tai ye rahe:

http://m.economictimes.com/PDAET/articleshow/11051892.cms

Computer and human errors have overstated India's export figures by almost $9 billion, the government said on Friday. This confirms fears about the robustness of the country's export performance and adds to the vulnerability of the rupee.

इब बेरा नहीं यो घोटाला सै या mistake सै.

इसको घोटाला भी कह सकते हैं according to some market analyst, like in the link below:

Bad data? Why $9.4 bn export reporting ‘mistake’ is a scandal


http://www.firstpost.com/economy/is-a-9-4-bn-export-hole-just-an-ordinary-mistake-152717.html

Mr Khullar, this appears to be a transparent effort to gloss over several serious issues that will have widespread ramifications for the believability of Indian economic data. For six reasons at least.

First, you admit that your ministry’s Directorate General of Commercial Intelligence and Statistics (DGCI&S), is producing “unreliable data”. If this is the case, why didn’t anyone report it before outsiders — including Firstpost and three analysts from Kotak Securities – pointed this out? How long has this unreliable data reporting been happening? Have you set up an enquiry to fix the problem once and for all?

Second, if the computer crash at DGCI&S happened at the start of the financial year, how come it took you six months to report the problem to us? Didn’t you put in place elementary checks right then to see that the country’s data – which moves markets and which the whole world relies on – was correct? Why put out data you yourself believe is wrong?

Third, your attempt to pretend that this is some kind of minor goof-up boggles the mind. The question is not whether the misreporting of export figures damaged our trade balance, but how you failed to spot it. BusinessLine quotes you as saying: “Even if the accounting or statistical system collapses, the RBI (which has a cross-check mechanism) would have raised alarm bells if the reserves are lesser. The fact that there was no dramatic drawdown on the reserves is a good indication that these (export) numbers were not so far off the mark.”
This is one of the most callous statements I have heard from officialdom. Basically, it is a cop-out, since you are effectively saying if we goof up someone else will alert us about it. What does this say about your ministry’s own sense of responsibility on such important figures?

Fourth, the real goof-up is not merely $9.4 billion, but much bigger. For example, the figures given out on Friday spoke of a $15 billion over-reporting of engineering exports, and a $12 billion underestimation in the case of petroleum and gems and jewellery. The net figure may be $9.4 billion, but what has really happened is a $27 billion error – since one error in engineering and another in petroleum and gems cannot really cancel each other out.
In short, taking other data entry errors into accounts, we are talking about errors adding up to over $30 billion that went on for months and no one smelt a rat. The Financial Expresssays that “there were exaggerations of up to $0.5-1 billion each in some other product categories and ‘all sorts of things’, including double counting.”
Mr Khullar, you cannot simply allow “all sorts of things” to go on under your watch.

Fifth, the problem does not relate only to wrong numbers. In fact, the suspicion raised by the Kotak report was not just about data errors, but whether exports were being deliberately overinvoiced to bring in unaccounted money, now that things are getting hotter for hot money to stay on in tax havens. So, the fact that your wrong numbers “inflated exports by about $9.4 billion, which means a margin of error of about 4-5 percent” is way off the mark. You need to look at the authenticity of even those numbers.


Sixth, how do you know that the errors pertain only to this year when the DGCI&S computer and software crashed? The Kotak report that originally raised doubts about your export numbers talked about dubious figures in 2010-11. That’s last year. Not this year.
 
vpsingh said:
In selective areas, FDI has already made inroads.
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Yes I meant we cannot open all sectors. We have to keep control on a few key sectors. Many countries do.

Opening too many sectors at this stage will not be a good option as it may kill all domestic industry set up and can result in too much foreign control over too many things which we wouldnt want. Not only it will kill domestic industries, it will also increase speculative behaviour by foreign holding groups and you do want your economy to be based on speculative behaviour of such groups.
 
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anilsangwan said:
हरयाणा में हूडा के सेक्टर काटने की बजाये बड़ी बड़ी कंपनियों को पूरे के पूरे सेक्टर दे दिए.... उस में के कमीशन नहीं आया होगा...... ये sunCity आले, TDI सिटी आले...... अंशल आले.... ये के मुफ्त में अपने प्रोजेक्ट पास करवा रे सें ?

रोहतक में हूडा का एक चेल्ला स...... पोपट नाम का..... सुशिल गुप्ता नाम स उसका वैसे...... भुप्पी की सरकार आवन तें पहलाम वो किराए की matador चलाया करता.......... मॉडल town रोहतक mein में किराए पे रह्य करता....भुप्पी उस केने दारु पीया करे jis रात रोहतक में रुके.... उसने एब्ब कोठी बनायीं स तीन मंजिल की मॉडल town में वोह भी जिस के तीन साइड ने सड़क लागे स.... उसका पूरे चेएजे का काम suncity आल्यान ने कार्या स.... मजदूर, सेमेंट प्रे-मिक्स के ट्रक... shttering सब कुछ सनसिटी वालों का........ फ्री में किसे और का घर बनवाते नहीं देखे मेंने सनसिटी आले......कीमे तो फायदा करवाया होगा उनके....... यो इ तरीका स टेक्नीक आला..........
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Manne bera hai tanne popat ke rodi te bhare hod dumper pakde the leele!! :singing:

Realty sector me sara khel ye agent bana rhe se. Jo plot rohtak me 6-7 saal pahlam 1500 rupiye gaj bikya karta..wo aaj 35 hajaar rupiye gaj bike se bhai. Suncity ne jo plot le rakhe se unme ek bhi ghar nahi ban liya, par rate 23 hajar rpiye gaj ho rhya se :). Itni taawli property appreciate hoti manne to pahli baar dekhi.
Ye agent foonk maar-maar bhot chada de se property ne. Mai jaunga rate bujhan to manne 23 hjar btawenge..er 10 minute pache koe or jaavega to usne nyu kahvenge ak iske to 24 laag liye ji. Ar kayi baar to ek jane ki saayi pakad ke wo plot kise or ne bech denge. Itne samhi aale ka ghaam nahi likaad dente itne inke bhi sheelak na padti.

2 cheej se aaj ke tam me to jinpe pise laa ke aadmi pachtaave koni. Ek jameen er dusra sonna.
 
atishmohan said:
100 ki 100 bhai...abhi picche si ek news aayi thi export data error se related. Overstated exports figures by 9 billion.

Kuch point tai ye rahe:

http://m.economictimes.com/PDAET/articleshow/11051892.cms

.
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Sahi kahi bhai..... GAAT fukk jaagi KAANGRESSIYAAN ki shayad iss baat ne accept karan tein pehlam.......... Yeh sabbb fuddu kaat re sein desh ka er khaan laag re sein saab kuchhh.........!!!

India ek aisa desh hai jis mein Gold, Iron, Copper, Coal, er Oil etc ki mining hoti hai....... Kheti itni jyaada hoti hai.............Tea, COffee, Sugercane jaisee cash crops bumper hoti hain....................Duniya mein ek desh bataao jis ke paas itne resources hon.. fer bhi dekho gareebi er laachaari............ kaaran to saaf s.... yo sab tax ka paisa inn choraa kenne jaa s....!!!!
 
जब या सोनिया भाजेगी देश छोड़ के ने जब कम तें कम १०० बिलियन डोल्लर ले जा गी | अर कान्ग्रेस्सी फेर न्यू कहवेंगे "अळ हामने के बेला था "|
 
anilsangwan said:
Brother, do not invest in MFs as they have lots of costs associated. I have seen MF very closely.

FD - I dont think so. As per current rates you will get only 7-8 percent annual return for blocking your money. At the current inflation rates - you are actually set to lose money if you compare with value of money factor for next one year.
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Anil has made 2 very good points above. All these funds sometimes have excessive costs. Are there any Exchange Traded Funds in India where the cost is very low and transparent? Basically, these indices don't have any active management - so you don't pay for it. But you still get diversification and don't have to do stock picking.

I completely missed the inflation point on FD. With current inflation in India, it is true the deposit won't earn much "real return". But for NRIs, it is still better than the 0% return they get on savings outside India. And I think it still makes sense for short term capital preservation when you don't want to put it in equities. When markets are going down, even the best of stocks would find it hard to dodge the negative sentiment.
 
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