Redevelopment of Property

photo by RedAgenda In recent times builders have been offering residents of old buildings a handsome amount to get a refurbished flat with additional space. Who will not grab such a tempting deal? The flat seller not only gets the cash, but also gets a monthly rent for his temporary accommodation. Once the new property [...]

Author: Austin Comments: 7 comments Date: 9 Oct 2008 More: Read more
Categories: Real Estate Tags: , , , , ,

79th Carnival of Money Stories: Cartoon Edition

Check out some really interesting articles at the 79th edition of the Carnival of Money Stories hosted by LAL. Hoping these stories will give you some great personal finance ideas and distract your mind from the market. LAL will also be even hosting the Finance Fiesta this week, so feel free to submit a post [...]

Author: Austin Comments: 0 comments Date: 7 Oct 2008 More: Read more
Categories: Carnival Tags: , ,

Bank Gone Bust? Don’t Worry, Your Account Is Insured*

photo by Gaeten Lee You might be aware of the recent rumor on the street regarding ICICI Bank and how people queued up at the bank/ATM to withdraw their money.

Author: Austin Comments: 0 comments Date: 6 Oct 2008 More: Read more
Categories: Banks Tags: , , , , , , , ,

Stop Paying Entry Load, Go Direct

photo by coloros In January 2008 SEBI abolished entry load on Indian equity funds if you’re investing directly. However, it is mandatory to pay an entry load of 2.25 percent if you transact through intermediaries, better known as distributors who take this charge to service investors. Suppose you are investing Rs 1000 and the NAV [...]

Author: Austin Comments: 3 comments Date: 4 Oct 2008 More: Read more
Categories: Mutual Funds Tags: , , ,