Well.. This is not an ordinary or Casual Blog . Nor its an Entertainment Blog on which u come Casually.

This Blog is an Online University.
its an Online Institute.

if u go to Physical University than just think that how many years it will take to learn a degree course and take a degree?

severaly years right?

Same is true for This Blog.
U won't gain anything overnight.

This blog is Exactly same as any other Finance University but the difference is only that its Online.

This University/Institute is Online. This is the only difference from other Universities.

All the other Basic principals of Learning Process r same.

i m telling u this bcoz if u want some overnight benefit from this blog. than perhaps this blog is not for u. it will be a wastage of your Time.

This Online University is for those people who commitedly learn the Principals of Wealth Building, Personal Finance and Investing from this blog on regular basis for a long-time.

There r so many articles on this blog which will change your mindset.
The Content of this Online University is enough to change your mindset.
Personal Finance and Investing is all about chnanging your Mindset.

Ideal Method to learn from this Online University (Blog) -

- u should start reading articles from "For Beginniers" Section.

- u should read Articles on regular basis (daily,weekly , monthly...etc)

- After that u should read following sections in following orders.

1) Assets
2) Liabilities
3) Compound Interest
4) Personal Finance
5) Mutual Fund Investing
6) Optimal Portfolio Building
7) Personal Finance
8) Retirement Planning
9) Investment School
10) IPO - School

- u should read the articles of this Online University...when u have a piece of mind. after taking adequate Sleep and Food. and without having any stress.

- After reading each article, u should think about that topic whole the day to whole the week and discuss that topic with your friends.

- Make a Group of people who take Education from this online University.and Discuss each topic whenever u get a free time.

- After u understand each Article and Discuss it with your friends... its Time to Implement it. if u r not going to implement the ideas of this online institute tjan this blog is not for u....

- If u understand any principal of Wealth Building from this Online University. Teach this principal to atleast 1 person. in this manner u will remember this principal for life time.

if u learn from this Online Institute for 1 year on Regular Basis and discuss the topics with your friends and implement it into your life than it means that ,

"U Become a Graduate of this University"....

Anyway,....Best of Luck for your Journey to Financial Freedom........!!!!!

This Online Universiy will teach u Each Principal of Wealth Building in Detail....

Do u Know that The Money u Earn has a Same Potential to work like u?...

Each day u wake up in the morning and go for work.
u do hard work and earn money.

But Do u know that Your Money can also do Hardwork and create more Money?

U will ask than..."How can Money Work?"

Well... The Answer is,

Once u have Invested your Money...it will start working for u....

This is true....

When u Invest your Hard Earned Money.....Since that day your Money start working for u....
It will generate other money and that will generate more money and so on....

So one day when u wake up.... u don't have to go to work bcoz your Investment Income becomes so much that day,.... that it will be much more higher than your Earned Income....

So One Rupee Invested means u have Higher an Employee to work hard for u....

Once Invested.... Money Can Work 24 hrs a Day for 365 Days for Generations without getting fatigue......

If u Never Invest Your Money....it will Never Work for u and u can never be Rich.... No matter how much u earn.....

So Understand your Relationship with Money.

Understand the Nature of Money.

Money has the same potential to work as hard as u without fatigue....

So Understand this Fact and Start Investing Right Now.....
When u Invest 1 Rupee it means that u have buy a Freedom for u.....it means that u have higher an employee for u that will work for u 24hrs/365days for generations....

Remember,

The Best Time of Investment was 20 Years Before & Second Best Time is Now...!!!!

Online Business is Rs.10,000 Crore Industry in India.
And by the end of this year (2008) it will grow further Rs.7,000 Crore.

All the big retail players like Reliance, Big Bazaar , Subhiksha & Vishal r engaged in setting an Online Portal for Shopping.

Online Business Industry is growing in India and in World.

UK based company tescon generates $ 1.2 billion every year from its online Business.

In india, these retail giants expect 3-4% of their total business revenue from their Online Portal.

The Industrial Age is over since 1990 and information age is started.

In information age its really easy to start a new business without heavy duty Investment and Man power.

All u need is an Online Web Space and your business is started.
No huge manpower or large Commercial Space is required.

U can SELL anything to whole the world from your Online Shop and compete these big giants.

Like any other Business, Online Business also demands competitive prize of the product and consistent Service.

if u r ready to provide these things than u can compete retail giants.
Its that much easy.

So Don't Wait and Start your Online Business Right Now and Get Rich Quick....!!!!!

Its the Information age and Industrial Age is over since 1990.

Online shopping is the Next generation Shopping method.
Big retailers r now engaged in opening an online store.

1) Vishal Retail shop has opened an Online Portal and it is offering 5-15% lower price than what consumers pay at stores.

2) Subhiksha will invest Rs. 12 Crore and expects 3-4% of total business coming from oline.

What this suggests?
Y so many Big Giants divert towards the Online Shopping?...

The Reason is simple.
The Industrial Age is over.

if a Retail chains like Subhiksha and Vishal have to open their retail outlet in each part of the India than it will be very expensive, Time consuming and difficult task.

plus the Real Estate prices in every where in India is at pick.
So it won't be a good deal to open a chain of retil outlets everywhere in India.

plus once if they open this chain in whole india, it will require a huge maintanance charge and a large manpower to operate it.

But here r the Advantages of Opening an Online Store -

1) Its really cheap to open an online store.

2) u can reach to your target customers across India in a very cost-effective manner.

3) Since the Store is Online... it doesn't require a huge manpower to maintain it.

4) plus u can give a heavy discount to customers as u don't have invested in any physical space (real estate) o u can give your products to your customers at copetitive prize.

5) if the store is physical...the target customers will only be from local area but in cas of Online Store Targer Customers will be whole India

6) Anybody from anwhere can access the Online Store,.The only thing require to access the store is Internet Connection and thats really easy these days.

So Industrial Age is now over.
u can also open an online store like these retail giants and compete them.

u don't require crores of rupees to buy a costly commercial space in the middle of the city.
u just require a webspace to open a website and that's it...
Your Online Store is Open.

And now u can SELL anything to whole the world.
u don't need a chain of Retail Outlets.

Every PC or Laptop is your Retail Outlet bcoz anybody can access your Online store who has an Internet Connection.

Its really easy to start a new Business in Information Age and Get rich Quick....!!!!

The Article was about a person who has opened an Online fish store in Mumbai.
the website address is,

www.mumbaifish.com

This Online store offers 92 varieties of fish.
it delivers fresh fish at your home anywhere in mumbai.
Order has to place 24 hrs. before delivery.

This is the advantage of Information Age.

its really easy to create Asset Online in Information Age.
Its really easy to do a business in Information Age.

Just think that,
if this fellow wants to open a physical shop than in metro city like mumbai how much is a worth of commercial space?

Not less than Rs. 5 Crores..... Right?......

Here r the advantages of opening an Online Shop.

1) u just require a web space. thats it. and your business starts.

2) No heavy duty investments. no need to buy an expensive commercial space as everything is online.... anyoone can access the online shop.

3) if it was physical shop than customer base is limited. people of one part of mumbai has to travel across the city to buy a fish. but in online shop u can place your order from anywhere in the mumbai.so target customer base is Unlimited.

4) Online shop operates with minimal man power.

5) Low maintanance cost of your business unlike physical shop.

so these r the advantage of Information Age.

Industrial age is over and Information Age is started since 1990.
In Information Age its easy to create your own Business and get rich quick.

bcoz everything is online so anybody from anywhere in the world can buy your items.
plus the Business is online so it doesn't require huge investment for Commercial Space.

In Information age u can make money out of an Idea only.
Minimum Money is rquired to start and launch a new business....

So create your Business with Information Age & Get Rich Quick....!!!!!

Crude Oil Price is rising.
it is tarded between 125-130 US $ per barrel.

In india, Petrol prize is Rs. 52 per Litre.
According to Analysts, Crude Oil Prize will hike to $ 141 per barrel by year 2008 end.

The only solution of this problem is passing this burden on Public.
Petrol prizes Must have to rise by 30%. this is the only solution of this problem.

But UPA Government can't do this. bcoz of 2 reasons.

1) Election is 1 year away

2) Inflation is all time high in India (7.50%)

So after election, the petrol prize has to rise by 30%
30% rise means 1 Litre petrol will be Rs.65 to 70 per Litre after next election.

This will be too much rise.
Countries like USA & Indonesia has alread rise this 30% prize at Consumer Level.

So One need to rebalance his/her Monthly Budget.
if u don't rebalance your monthly budget than there will be no Money left at the end of Month for Savings & Investing.

Savings & Investing is Must for Financial Freedom and Future Financial Goals.

So here r 3 ways to Cut down your Monthly Expenses......

Way - 1) Cut down Un-necessary Travelling and Long-drives -

I know that all of u Love to travel and driving.
but u have to cut down your long-drives and un-necessary travels.
if u go to long-drive weekly than now go twice a week.
this is very important.

Way - 2) Cut Down Movies in Cinema Halls -

if u go for a movie in Cinema every week than now onwards...u go once every twice a week.
This will cut down your monthly expense and something will left out for savings & Investing at the end of Month.

Way - 3)Cut Down your outside Dinners -

if u go for a dinner every week than now onwards u go once wbery twice a week.
in this way u will reduce your Outside food expense.

See...
u understand the difference between Need & Want.
Need is something which is necessary like food, house, transportation...etc.

Want is something which is your desire like movies, long-drives, Hotels, restaurants...etc....

so understand the difference between need & want .

And than Cut Down your Wants.........!!!!!

Globally, it is the rise in the Crude Oil price that is supporting the price of Gold.

Crude oil is currently trading in the range of $ 125 - $ 130 per barrel level.
It is expected that the crude oil price will go further high.

Crude Oil prices r more than 90% higher than previous year price.

Over the Past 2 weeks, the prize of Gold has Rise to Rs.1000 per 10 Grams to over Rs. 12,500 per 10 Grams.

India is a major gold importer paying in dollars.

Domestic demand for Gold is very high in India.

If the prize of this yeallow metal rises on like this than after few years for a middle class family.... it will be impossible to buy a Gold on occasions like Marriage.

As pay raise of Middle Class Family increases in Linear Proportion while Price of Gold increases in Geometric Proportion.

According to me, The Time will come when Middle Class Families Can't afford to buy Gold on their Daughter's Wedding.

This is a very serious problem.

People need to plan their Long-term Budget for Gold.
if a typical Middle Class Family want to buy a Gold for their Daughter's Wedding than they need to start saving before 15-20 years when their daughter is in School.

What they can do is they select some good Gold -ETF Fund and regularly invest in it and when the Time of Marriage comes they can redeem the units and buy actual gold.

Dear Blog Reader,

Hope u like the Articles of this blog.
This Article is regarding joining MJ2BC as one of its Blog Contributor

if u think that,
u can write a good Quality Articles on following topics than kindy let me know.

Topics -

- Personal Finance
- Investment (Stocks, bonds, Mutual Funds, Gold, real estate, businesses, coins, art....etc...)
- Debt Products
- Financial Planning
- Retirement Planning
- Money Matters (All kind of matters)
- Any Financial Matter
- Economic View Point

My personal E-mail Address is - asav4u@gmail.com

Blog E-mail Address - mj2bc.india@gmail.com

My Contact Number is +91 - 98230 51 005 (Kolhapur, Maharashtra, India)

No matter from which country u r and in which Business u r .....

but i will be more than happy if you show your interest to join this blog as one of its Blog Contributor.

so please ask me for an invitation to join this blog as a one of the blog contributor and post your Articles on this blog....

Thank u....

Crude Oil prices in April-May r already 50% above last year's average.

India's 60% of Crude oil is met with imports so hike in crude oil prize is threating for the Economy.According to CRISIL principal economist DK Joshi - "its Time to reform Oil Sector".

Ideally, the government needs to pass on some price rise to consumers.

But this is politically difficult as inflation is high and elections r only a year away

Globally, Several governments have been forced to pass on part of the burden to the public.The Indonesian Government has announced a 30% increase in pump prices from this Weekend.

This is a huge increase at the consumer level price.

It means that today 1 Litre Petrol is worth Rs. 52 today so 30% rise in it can be Rs. 67.6. A Rise of Rs. 15.6

So it is Quite possible that after the next election Government will rise our Petrol prize to Rs. 67 to 70.

Goldman Sachs, the most active investment Bank in Energy Market, last week predicted that oil prices would jump to $ 141 per barrel during the second half of year 2008.

Economists say that, the most important reasons for this oil price hike is,

1) High Demand for Energy by China ahead of the Beijing Olympic &

2) Week Dollar.

All these factors have potential to slow down our Country's Economy.
A higher fuel prices and inflation will translate into a hike in Interest rates.

Consumers need to understand this problem and they need to cut down un-necessary petrol and Transportation Expenses to balance their Monthly Budget.

This blog is an online University for financial literacy.
U go to school and colleges and pay high Education Fees.

U take higher degrees from your college and still struggling financially through out your life.
For taking an Education u need to move one geographical region to another.

u have to stay away from your Family, friends & Near and dear ones.

"Financial Literacy" is a key to "Financial Freedom".

So here, i m putting this Online University in front of u.

U can come to this Online University anytime and take Knowledge about Finance and Money Matters whenever u r free and from Anywhere in the World.

Y SO?....

Bcoz This is an "Online Insitute" so u don't need to move from one geographical region to another one.

This University is Online. so u can take its Knowledge from Anywhere in the world.
U just need an internet connection and That's it.

I could make Physical Institute to teach "Financial Literacy".
But than it will have following Limitations.

1) Physical Institute can accomodate only Limited Number of Students while Online Institue can accomodate as many as possible students.

2) To study in Physical Institute, u have to move from one Geographical location to another. but in Online Institue all u need is an internet connection and Thats it. u can Access it anytime from anywhere.

3) Physical Institutes r very inconvinient, bcoz of odd timings of lectures. but this is an Online University so u can learn its Wealth Building Lectures anytime from anywhere from the World.

4) Physical Institues require a lot of fees to study bcoz maintanance of Physical Institue is very high but this is an Online Institue so it has very low Maintanance plus it operates with minimal manpower unlike physical institutes. so Online Institues can offer u Free or very minimal Fees to study.

5) There r strict Admission criterias to join the Physical University. But there r NO criterias to join an Online University. Anybody from anywhere can join the online University.

So here i have put an Online Institue cum University in front of u.

U can come to this Online University anytime and take important lessons of Finance and Money Matters anytime from anywhere in the World at free of cost.

This Online University will cover following Topics step by step that u will need throughout your life. -


Step - 1 Choose Sound Financial Life-
Sound Financial Life means cutting down un-necessary expenses and increasing income.
This Online University will teach u y to chhose a Sound Financial life before u actually start Wealth Buildng.

Sound Financial Lie is much more important before u start Investing.

Step-2 Getting Out of Debt -

Debt is a major disease that makes u work like a slave in economy.
This Online University will cover the Articles on "How to get out of the Debt".
it will also publish articles on how debt erodes your Wealth in long-term....

Step-3 Stay Away from new Debt-

i will also publish Articles on y and how u can stay out of New Debt.

Step-4 Emergency Fund-

After step 1 and 2, u need to develop an Emergency Fund. This Online University will publish various articles on how to build emergency fund, y to build it and how much emergency fund one should build?

Step- 5 Investment

Articles on Principles of Investment, Mutual Fund Investing, Portfolio building, Types of Investment and many many more thing about Investments.
This University will Publish articles about large variety of Investments.

This Online Institute will guide u to Invest your Money propery so that u can fulfill your Financial Goals.

Step-6 Financial Planning for Retirement-

This Online University will publish various articles on Retirement Planning. how to plan youe retirement plus what things u should take into account when u plan your retirement.

Step-7 Financial Planning for your Goals-

Various Articles on Financial goals like children Education, child marriage, World-tour....etc....

Step- 8 Asset Protection -

This Online University will publish articles on Asset protection by Insurance, mediclaim, corporate structure and many more techniques.

Step-9 IPO (Initial Public Offering) School -

This Institute will also pubish articles on how to take your Company Public.
how u can be a Selling Shareholder and can enter into the Billionaire Club by taking your Company t Public

So in Summary,

This Online University is a complete solution of All the Financial and Money Matters.

Hope u will like it....

Today,

After 1 year (5 th May 2007) of my intial investment,
i have Reshuffeled and Trim My Portfolio.

Old Portfolio -

1) DSPML Opportunities Fund
2) Franklin India Prima Plus
3) HDFC Equity
4) Reliance Vision

5) SBI Magnum Global Fund
6) Reliance Growth Fund
7) Sundaram BNP Paribas Select Mid Cap Fund.

i have Reshuffeled & Trimmed my portfolio bcoz of 2 reasons.

1) Out of these, the first 4 r Large-cap orineted funds while last 3 r Mid Cap Funds.
At the Time of Investment (5th May 2007) all of them were 5-star rated.

Today Only Reliance Growth is 5-star rated while others loose 1 star and become 4-star rated funds except Reliance Vision Fund which loose 2 stars in last 1 year and become a 3 star fund only

(NB- All the star ratings r according to www.valueresearchonline.com )

So being an Investor, i have decided to Reshuffle my Portfolio.

2) Second important reson is that, i need to trim my portfolio.it means i need to reduce number of funds from my portfolio.

Do u know y?...
Bcoz My portfolio was suffering from "Problem of Plenty" or "Over-DIversification"

u will be surprised by knowing that only a 7 funds portfolio is Over-Diversified?..

Yes ....This is true.

Optimal MF Portfolio should have 2 or perhaps 3 Mutual Funds to achieve Optimal Diversification.

y so?...
welll... see...
One Mutual Fund Contains anywhere between 30 to 100 stocks portfolio. sometimes much higher than this.
So buying a Fund and buying a stock r not the same thing.
if u buy 1 mutual fund than it mean u r investing in 30-100 stocks portfolio.
and buying a stock means u r investing in that particular one company only.

So to acheive Optimal Diversification, u need 2 or perhaps 3 Equity Diversified Mutual Funds in your Portfolio.

Remember,

More than 3 Funds means each stock in the stock market is in your Portfolio...

95% people's portfolio is suffering from Ove-divrsification.
i have seen people who have as high as 50 Funds in their portfolio...

No need to do this.
So i have trimmed my portfolio to 4 funds...

The reason for waiting 1 year was ,

a) to avoid any Exit Loads and
b) to avoid any Short-term Capital Gain Tax (less than 1 year)

so i have to wait for 1 year to reshuffle and tream my Portfolio.

New Trimmed & Reshuffeled Portfolio -

1) DSPML T.I.G.E.R. Fund
2) SBI Magnum Umbrella Contra Fund
3) HDFC Top 200 Fund

4) Reliance Growth

Out of these, first 3 r large cap fund while the Reliance Growth is a MidCap Fund.
All of them r 5-star rated funds.

4 Mutual Funds Portfolio is still a "Borderline Overdiversified" Portfolio.

but i need to wait still 1 more year to tream it further bcoz in old portfolio, HDFC Equity Fund had high allocation of my total money. so shifting it to same Fund Family's HDFC Top 200 doesn't require any extra loads or charges.
so i have to bear with 4 funds for further 1 year.

After 1 year i will trim 1 more fund and reshuffle it again if necessary.

i want only 3 Equity Funds in My Portfolio to achieve Optimal Diversification of my Money.

But having Investment Time Horizon of 50 years i m not afraid.

when i have started investing in MFs.. i was new.
so i have emotionally taken decision and put my money into 7 Equity Funds.

That was my wrong decision and for that my portfolio is still suffering from problem of Over-Diversification.

In taking Investment Decisions, u have to think with your Brain only and not with your HEart...

Anyway...bye 4 now....

Yestearday on 5th May 2008 was the 1st Anniversary of my First Investment.

My first Investment was with Mumma's Rs.2 Lacs on 5th May 2007.
I have invested those money into 7 Mutual funds.

All the Mutual funds were Equity Diversified and 4 or 5 star rated according to Dhirendra Kumar's www.valueresearchonline.com

The value of Investment is Rs. 2.36 Lacs (2,36,000) on 5th May 2008.
And that is 18 % Annual Return.

I m really satisfied with this return.
i m expecting anywhere between 15 to 20 % Compounded Annual Return from the Indian Equity Market for next Half Centuary.

Last year was full of Stock Market Ups and Down. The Jan to March 2008 was the Worst Quarter of the last decade of the Indian Stock Market.
Eventhough Equity has given me 18% Handsome Annual Return.

i have Invested in following 7 funds.

1) DSPML Opportunities - 4star as on 5th may 2007
2) Franklin India Prima Plus - 4star
3) HDFC Equity - 5 star
4) Reliance Growth - 5-star
5) Sundaram BNP Paribas Select Midcap - 5-star
6) Reliance Vision - 5 star
7) SBI Magnum Global - 5star

above is the star rating when i have first time invested.

but out of these Reliance Vision has lost 2 stars in last year and now it is only 3 star rated.so i m worry about this fund. i need to move my Investment from this fund to any other Largecap 4/5 star rated fund.

SBI Magnum Global has loose 1 star and now it is 4 star.
HDFC Equity has also loose 1 star and now it is 4 star.

Reliance Growth and Sundaram Midcap r outperfoermers and have 5 stars.

But afterall Combined Annual Return from My Portfolio is 18% and that is quiet satisfactorily according to current market situations.

When Sensex was at Top most level... the value of my Investment was Rs. 3.10 Lacs and that was 50% whooping gain before january.
but after 22nd January mega market crash My Portfolio value goes down

My Portfolio has to pass from tuff time.

But Having a Investment Time Horizon of 50 Years , i m not afraiding of stock market daily ups and downs.

so here completes the 1st Anniversary of My 1st Investment.

Now 49 Years Remaining....

Thank u Fund Managers of My funds.... For protecting my Money from Stock Market Heavy loses.

Dear readers,

i m really happy to start a new Section on this blog.

The Section is "Investment School".


U can see this section on the right slidebar.
i will pubish Articles about Investments and Investor both.

This Section will cover the following topics.....

- what is investment?
- who is an Investor?
- what is business?
- y to Invest?
- Where to invest?
- How to Invest?
- Soundness of Mind and Investment Decision.
- Investment Versus Speculation
- Basic Principals of Investments.
- Stock Investments
- Mutual Fund Investments
- Bond Investments
- Real Estate Investments
- Coin Investments
- Art Investment
- Paintings and Portraits Investments
- Blog Investments
- Private Equity Investments
- Investors Controls - Fear & Greed
- And more and more and more.............

This section will cover each and every Type of Investment all over the world.
This section will also cover the Articles about - How True Investor is?...

After reading these articles, i challenge that u won't need any investment advise from anyone....

These Articles will change your Mindset 180 Degree. and u will become a True Investor and can reach at the pick of Wealth (Bilionaire Club)

So N'joy the Journey..........

have joined Kolhapur, Maharashtra, India on 1st of this month.

I have joined i MS-Ophthalmology at D.Y.Patil University, Kolhapur.

This is my First Week in Kolhapur.
i m giving here my View about Kolhapur as an "Investor's View Point".

Investor's View Point -

i m really surprised that y Kolhapur is not a mega city? its a Town Right Now.
it has to be City First after Mega City and Finally Metro City.


1) Geographically Kolhapur is situated in Maharashtra State. Its a Town of Population around 4.19 Lacs according to 2001 Census (Population Count)
It must be around 6.5-7 Lacs Population Today (2008)

Goa - The World Famous Tourist Place is only 130 Kms from Kolhapur. it takes only 2 and a half Hours by Road to go to Goa.

Pune is 5 Hrs. distance by Road and Mumbai is 8 Hrs. distance by Road from Kolhapur.

2) Kolhapur has a Domestic Airport which connects all the major metros of India. (See the above photo)

3) Atmosphere of Kolhapur is really pleasant and Cool.... Exactly like Goa. Bcoz Sea is only 130 Km (Goa)away from here.

Average Yearly Temperature is around 22 to 28 degree Celcius.

Highest Temperature of Year is 35 Degree Celcius (Unlike Ahmedabad - 48 degree celcius)

Its Rainy atmosphere here.

I think Kolhapur can be a Best Tourist place after Goa.

Investors can invest here in Real Estates....

4) Real Estate and Property prices r very cheap here.

1 BHK Appartment is worth Rs. 3 to 5 Lacs only. (Unlike Mumbai where 1 BHK , 800 Sq.yard apprtment starts from Rs.40 Lacs to 80 Lacs)

I think Kolhapur is a Best place for Real Estate Investments as property prices r at bottom here right now.

u can buy 5 Acres of Land if u have Rs.10 Lacs. (in other tier-2 cities this much of property costs u anywhere between Rs. 50 Lacs to 5 Crorea)


Demand of Real Estate is gradually increasing here.

So according to my view , Property Prices will be Sky Rocket in Next Decade. bcoz Goa is very much near from here.

so this is really a cool place to invest in Real Estate at present.

5) In Kolhapur , there is a 2000 year old "Mahalakshmi Prassanna" Temple.

Mahalakshmi Prassanna is a Wife of "Tirupati Balajee"- a well known world famous Temple of India.

Every year From Tirupati Balajee temple, Trustees send "Saree" for this godess and this "Saree" has to be worn to this godess.....

so Chances r there that Kolhapur will be a famous place like Tirupati in future and attracts lots of people.

6) Paying Capacity of Kolhapur people is variable.
u find very rich people, middle class and poor people.

so this is a good opportunity for establishing a business for Multinational or Domestic Companies.

7) Good Business Opportunity for Multinational and domestic companies to establish here.

Resources and Man power is cheap here.

So this is all about Kolhapur....

Summary -

Very briefly and clearly speakung Kolhapur is an Excellent place for Real Estate Investments Right now.

bcoz Kolhapur has an airport.

And Goa is very near from Kolhapur. So it is very clear that Kolhapur is the next tourist place after Goa.

The most important thing is that prices of Real Estate r very very low here.
so its a good time to take a position in its Real Estate Sector.....

Plus it is a good time to start a New Business over here....
In next Decade Kolhapur will rocks....

Anyway..... Happy Investment....

What you can expect from "My Journey To Billionaire Club"? What you should not expect?....


"This Blog is not about Investment......This Blog is about Investor........Bcoz Investment is never a Risky....Investor is Risky....!!!!"



Years ago someone asked me, "What advice would you give to the average Investor? "My reply was, "Don't be Average!!!!!"

My Friend asked me, "Why m i not Rich eventhough i earn a lot of income every month?My reply was, "Its not about how much u earn, its about what u do with your money, its about how much u keep for how many generations, For every 100Rs. note u earn...u have a power to be Poor (Do Expense), Middle class (Buy Liability like Credit card, loans,...etc) & Rich (Buy Assets that buy other Assets...)

Someone told me, "If i was Rich, i would have make Investments like Rich people....I want to b Rich bcoz i want to make Investments that Rich people Do...."
My reply was, "It is not that if u want to do Investment u have to b Rich, yes but if u want to be Rich u have to do Investments ...No matter how small u invest....Lets say only Rs.500 in Mutual Funds through SIPs..."

My Middleclass friend told me, "If i was Rich like Mukesh Ambani of Reliance Group, than i don't need credit cards......"
My reply was, "Mukesh Ambani doesn't use credit card not bcoz he is Rich and he doesn't need it but Thats y he is Rich.....!!!!!"

I am putting this blog in front of you because i m on the path of achieving my financial freedom and i want to share my journey to be wealthy on the path of financial freedom with u....i m 24 years today.usual age of retirement for professionals was 58 years in India which is increased to 60 years.i want to be wealthy because i want to retire much more before 60 years and want to fulfill my dreams.my dream is "world tour" & "Charity"......I am putting this Blog in front of u bcoz i want to share the science of Wealth Building with u..How u can learn this science, apply it and become financially free and become your own boss...

Don't worry i will not charge a single rupee/dollar from you. the purpose of this blog is not at all to offer or sell you any kind of wealth building programme or to sell or invite you to join any kind of seminar or like that....
the purpose of this Blog is also not to display Google adsense or Yahoo advertisements to generate lots of revenues nor to divert tremendous web traffic by search engine tricks..
Alll the content of this site is totally free for anyone in this world. i m not charging anything for this from u....

The purpose of this Blog will be fulfilled if, only one person or child can learn & effectively apply the principles of Wealth Building succesfully and can become wealthy and financially free....
However, i will be more than happy if lots of people become wealthy in their lives by applying the same principles of Wealth Building.

* What you can expect from this Blog?

- well.... u can expect the core principles of Wealth Building and getting Rich or even Super rich by this site.
you can expect the pattrn that the Rich persons or people on the way of becoming rich follows.
Wealth Building is an Art and Science.... The principles of Wealth Building are same , constant & unchanged since thousands of years...
The principles of Wealth Building are same from Babylon(8000 years back) to Egyptians to Modern World.
So this Blog is not going to teach u some miracle , secret or something new. but it is going to teach u the very basic principles of Wealth Building that lasts from thousands of years......

- This blog doesn't give u Education (Education is one in which u r awarded degree certificate in the end of completion) but a Knowledge (Knowledge is one in which u r not awarded degree certificate but Knowledge remains valuable and important for lifetime and from generations to generations... we don't need to pass Education generation to generation but we need to pass Knowledge from generation to generation... Knowledge never becomes outof dated or old... it remains healthy, valuable and new for ever....We need to update education by achieving more and more degrees bcoz Education erodes its value over time....but We never have to update Knowledge once we have learned and understand it.....)

- Knowledge is not only for Rich, Adults or specific group of people.... but it is for ALL. So there is no age of taking Knowledge.... You r giving expensive toys, games, bicycles, cars and clothes to your child on their birthday.... But have u ever think of giving a Knowledge of Wealth Building as a gift to your child on their Birthday?.... Give the Knowledge of Wealth Building to your child this Birthday...... Suggest this Forum to your child..... Let them learn the principles of Wealth Building when they r too young and before they adopt bad Expensive habits....... Don't worry.... This won't b an expensive gift..... I m not going to charge anything from u for this.......This will b a free gift but your child probably won't forget this gift throughout life and this will b the most precious gift among all the other expensive gifts that u have given to your child before.......

-Everytime when your child read the lesson from this forum, Discuss that lesson with your child for a week or a month....Discuss that lesson with your family..... by doing this u will also learn the principles of wealth building.......Teach your child that what is the message in the lesson?.....
-After all it is not the pice of Real estate, Gold or stock that is an Asset...But it is the Knowledge in Investor's mind that is the most valuable Asset....!!!!!

- He will apply all the lessons from this Wealth Building Forum in different stages of life and become a financially free individual.....What more u want from your child?......

* What u should not expect from this Blog?.....

- Please don't expect any miracle or secret tips of getting rich from this blog.
There r probably thousands of websites on the internet who offers these kind of secret tips to get rich in a month or pvernight...
If u r expecting this kind of miracle or secret tips of getting rich , than i suggest u to close this browser and search for another sites on Google or Yahoo search engines who offers u these kind of secrets...This blog is only for those who want to build tremendous wealth not only for themselves but also for their future generations and who r willing to learn, understand and practice this site's literature seriously....
If u r searching for "getting wealthy quick" or "secrets of getting rich" than this blog is not for u..If u r searching for a finance guru who will teach u "How to become a wealthy & stay wealthy in a 6 months or less time for 5000 to 10000 bugs than this blog is not for u. bcoz this literature is totally free.
The content of this blog is 100% free and creative.
It is not a Blog where tons of webpages r copied & pasted , than launched on the net to divert webtraffic on this blog to generate sales or revenue by advertisement displaying from Google Adsense or Yahoo nor this blog is launched to sell u any kind of product, programmes or seminar of getting rich quickly....
If i wanted to make revenues from advertisements than i would have made 100s of blogs and displayed advertisements from Google adsense on each of its page.. But than the purpose of this bolg won't be fulfilled....

If i have displayed advertises on each of its page than your mind can't conentrate in the message given in each article, instead u will click on those adds to generate revenue for me....
We will add articles on wealth building & experience of our wealthy individuals time to time.
Whenever the editor (Me) and writers (Financial Planners, wealthy individuals, Financially free people...and many more...) have time to get together , this will occur roughly every 3-4 moths, vacations, long holidays and weekends...we will publish hot articles on wealth building for u...Which means that, since we have no deadlines or printing and mailing schedules, if we get a hot article, we're going to put it up right away.

If u find this blog helpful and make a wealth in your life by knowledge of this blog than please let me know ...Don't worry i won't charge anything from u or won't ask for commission from your wealth......HAHAHAH (Just kiding!!!!!!)

I don't need a single ruppe from u if u build tremendous wealth by using a knowledge of this blog. All the wealth is yours....

Just let me know by posting a comment that this article or blog was helpful to u or not thats it....u can personally contact me on asav4u@gmail.com anytime....I will be more than happy if u find the content of this blog helpful....
The content of this blog is yours....!!!!!!!

Here is a "Press Release", that i have sent to many media people includig Newspaper companies, magazine publishers, press reporters, News Channels and many people connected to media for promoting this blog and for media coverage of this blog.

Dear Sir / Madam,

I m really happy to introduce a "Financial Blog" in front of u.

The Blog Address is,

http://myjourneytobillionaireclub.blogspot.com/

Blog's Name is - "My Journey To Billionaire Club".

I m Heartily Invite u to visit my Blog.

Let me introduce my self.....

I m Dr. Asav Patel, 25 years old from Ahmedabad, Gujarat.

Currently doing my Post-Graduation in Ophthalmology (Eye Surgery) at ,
Padmashree Dr. D.Y. Patil Hospital & Research Institute, Kadamwadi, Kolhapur - 416 003 , Maharashtra

i have started this blog for people of India.
Bcoz i m very interested in Personal Finance and Investment.
I love to talk about "Money Matters".

Unfortunately, "Financial Literacy" level is very much low in India.
so by publishing this Blog i want to help people increasing their "Financial IQ".

Studies show that people who r Financially literate before 25 years of Age can take more Financially Sound Decision in later life.

People also don't know much about debt products like Credit Cards.
People also have difficulties in choosing a perfact Investment Vehicle in Financial Jungle.

Personal Finance is 10% of mind game and 90% of "Behaviour Change".
We need to change our behaviour in order to make perfact financial decisions.

So by this blog, i will try to change "Basic Mindset" of people in Personal Finance Matters.

i have choosen the Online Media to publish my articles bcoz internet usage is increasing day by day in India.
And Number of Internet Users in India r increasing year by year.
Plus it very convinient and effective way to reach people.

Hope u will like the Blog.
Your Suggestions to improve this blog r most welcome.

U can reply to this mail and give me your suggestions about the blog.


Thanking You,
Yours Sincerely,

Dr. Asav Patel,
Editor - MJ2BC