Black Money Saves Our Financial Sector

Black Money Saves Our Financial Sector

India has experienced a real estate boom in the last few years whereas the US had its share of a real estate boom but as of today their financial sector is in crisis. The share prices of real estate companies in India have fallen. There is a bearish sentiment in the Indian stock market, so does that mean the Indian financial sector too will face a similar crisis? Continue reading “Black Money Saves Our Financial Sector” »

Money Hacks Carnival #6

Money Hacks Carnival #6

Just received an email from Peter who informed me that The Orange Paper is listed at the Money Hacks Carnival # 6.

Hmm… feels good :)

Thanks Peter!

Author: Austin Comments: 0 comments Date: 2 Apr 2008 More: Read more
Categories: Blogs Tags:

2 strategies to help save tax without spending a penny

Save tax without spending a penny

Entry loads have been waived off on applications that are submitted directly to the mutual fund house. For MF investors, who invest either by way of SIP (Systematic Investment Plan) or as bulk investing, it could mean saving quite a sum of money – around 2% of the investment amount. So consider investing directly in ELSS (Equity Linked Savings Scheme) as it could be a smart and cost-effective way to do so. If you don’t have the money, churn the existing ELSS portfolio – as entry loads are not applicable for direct investing. Continue reading “2 strategies to help save tax without spending a penny” »

Reducing Debt Load with Short Term Loans

Reducing Debt Load with Short Term Loans

Most Americans have an enormous debt load. Many of them feel that this fact is simply a part of modern living. With the focus of consumers more and more on credit as a form of currency, it can seem downright impossible to reduce debt load. However, there are ways to do this, including short term loans such as a cash advance. The key thing to remember is to do it responsibly. Continue reading “Reducing Debt Load with Short Term Loans” »

Author: Austin Comments: 0 comments Date: 25 Mar 2008 More: Read more
Categories: Loan Tags: , , ,

Blogsvertise.com – Get Paid Per Post

Blogvertise.com - Get Paid Per Post
Photo by niallkennedy

I have just signed up with Blogsvertise, because which personal blogger doesn’t want to be paid for their work? I’m going to experiment with this form of freelancing. And their policy is that they will not require writers to say only good things about their advertisers. So if anyone wants to make a few bucks, give registering with Blogsvertise a go — it can’t hurt.

In short, Blogsvertise.com = A Nice Way to Make a Little Extra Money :)

(This is a sample post about Blogsvertise that they ask us to post in order to make sure we understand the concept.)

Author: Austin Comments: 0 comments Date: 24 Mar 2008 More: Read more
Categories: Blogs Tags: , ,

Happy Holi

Happy Holi

I wish you all a very happy holi. Cheers!

Author: Austin Comments: 0 comments Date: 21 Mar 2008 More: Read more
Categories: Uncategorized Tags:

BKC auction indicates realty slowdown

BKC auction indicates realty slowdown

As per media reports, the Mumbai Metropolitan Region Development Authority (MMRDA) had recently put five plots on auctions in the G-Block of the Bandra-Kurla Complex, comprising two commercial, two residential and a clubhouse. Out of the these five plots, the authority only managed to sell three plots for Rs1,322 crore. Of these three plots, the authority sold one commercial plot, spanning 24,000 square metre, to Jet Airways for Rs826 crore. This implies a selling price of approximately Rs32,000 per square feet (Rs314,467 per square metre) for the commercial plot. This selling price is at a 31.7% discount to the Wadhwa Builders’ bid of Rs46,806 per square feet (or Rs503,636 per square metre). It is also interesting to note that Jet Airways was the sole bidder for the commercial plot in the recent auction.

With the stock markets experiencing a bear phase it will be interesting to see if prices of real estate also undergo a correction and to what extent.. 5%, 10% … 25%?

Author: Austin Comments: 2 comments Date: 21 Mar 2008 More: Read more
Categories: Real Estate Tags: , , ,

Q&A session with Mr. Warren Buffett

Q&A session with Mr. Warren Buffett

I came across an interesting blog post by Dang Le an MBA student at Emory University’s Goizueta Business School. The post is about students from Emory’s Goizueta Business School and McCombs School of Business at UT Austin who were invited to come visit Mr. Warren Buffett for a Q&A session.

Enjoy!

Author: Austin Comments: 2 comments Date: 1 Mar 2008 More: Read more
Categories: Blogs Tags: ,