Entrepreneurs are now making money from selling Virtual Goods Online. Yes, This is true. There is a huge market for selling Virtual Goods in this world. In fact, Virtual Goods is a Billions of dollars of Industry.

There are basically 2 Broad ways to sell Virtual Goods -

01) Selling Virtual Goods on Facebook &

02) Selling Virtual Goods in the Online 3D Games

Many Entrepreneurs develop a Facebook Application and Sell Virtual Goods in the Application. While many Serial Entrepreneurs build a Portfolio of Facebook Applications and Sell wide range of Virtual Goods.

Virtual Goods can be anything. It may be a Valentine Rose for your Valentine. You won’t believe this but this is true. Last year almost US $ 300 Million of Virtual Roses were sold on Facebook alone.

Many Entrepreneurs sell Virtual Pets on Facebook Application and make literally millions of dollars every year. Some Entrepreneurs sell virtual goods in online 3D games like “Second Life” and many others and make literally millions of dollars.

There is a Big Business Opportunity in this space. Now You can sell any kind of Virtual things online. Such as Chocolates, Pets, Roses, Car, Assets or anything else…..

This is the power of Information Age. You don’t require money to make money anymore. You only require Information to make money in this era. And I am sure that the Wealth of Information in this Article will open your mind and give you a Vision in new Direction….

The Direction of making money by selling Virtual Goods…..!!!!!

Insurance Companies offer two basic types of Life Insurance Policies -

01) Whole Life Insurance Policy &

02) Endowment Policy

Both of the above types have different meaning. In Layman’s language,

Whole Life Insurance Policy = Purely Life Insurance Cover & Nothing Else &

Endowment Policy = Insurance + Investments (or Savings).

What is a Whole Life Insurance Policy -

Whole of Life Insurance is a form of long term insurance. It provides a cash lump sum on death or policy maturity, whichever occurs first. As a combined investment and insurance policy it can provide protection for your family against the costs associated with terminal illness or death such as funeral expenses.
Cover is provided until the insured person reaches age 95, or upon the earlier death of the insured person.
Annual bonuses are added to the value of the sum insured each year. On maturity of the policy or death, the sum insured and the Annual Bonuses that have been added each year to the policy are paid. AMP currently also pays a Terminal Bonus when the insured person dies or the policy matures. However, Terminal bonuses are not guaranteed.

What is Endowment Policy? -

An Endowment policy offers a combined long-term investment and insurance policy. Insurance is provided until a nominated maturity age, and bonuses add value to the sum insured.
Cover is provided until the policy matures, or upon the earlier death of the insured person.
This type of policy has the advantage of providing for regular savings with protection during the chosen period and can be used for many purposes such as:

• saving for retirement

• repayment of a debt, if death occurs before the loan is repaid (for example, mortgage protection) , or

• providing funds for travel or for any future purposes which require funds (such as children's education).

In short, both of the above policies are entirely different things. And you should Invest in them according to your needs and Financial Goals.

Many of my doctor friends have asked me the same question again and again that, “How Can Doctors Earn Money Online”

Is it possible to do something on the Internet that can generate a Passive Income for a doctor and add another stream of Income for a doctor?

If it is possible for doctors than it can be a great Money Making Opportunity for Doctors. So Let me tell you a story of my Junior Friend Mr.Deep who has just completed his MBBS & right now he is doing his 1 year Internship here at D.Y. Patil University, Kolhapur, Maharashtra, India where I am in second year of my Post Graduation in MS – Ophthalmology.

When Deep was in his Final MBBS (means just 1 and a half year before), he started his own Internet Business. He was only 21 years old when he started his Internet Business. So What did he start? Well he started a Medical Forum known as CafeMedico.com

Go to CafeMedico.com

CafeMedico is a Discussion forum all about Medical Subjects. It is a great Forum. When I am writing this article, the Forum has 13,000 active members. Today doctors & Medical students all around this world are discussing on this Forum & Deep is encashing Money.

So How much he earn from this Forum?…. Well, around US $ 400-500 per month & Growing…. And that’s Rs.20,000 – 25,000 per month….. And That’s not Bad PASSIVE Income for someone who is just 22 years old today.

I have highlighted on the word “PASSIVE” because to earn this Income, Deep does not have to do any active effort. All he has to do is – Sit back and encash the cheques. Because people won’t stop discussing on the CafeMedico Forum and thus the Income from this Asset won’t stop……!!!!

So the Moral of this story is that, It is possible to make Money Online. In fact, any Doctor can do this. But for this you require a PASSION, PERSISTENCE & Desire to Make Money…..

You can’t build Fortunes by becoming a Casting Potatoes. So many of my doctor friends tell me that, they wanted to start the Business but they don’t have time or this is the time of Recession. But let me tell you that, these are the false Excuses…..

The reality is that, the Internet Market is so much Big that, it has great opportunities for all of us…..

So What are you thinking? Start your Own Internet Business NOW….!!!!!!!!

Recently Michael Jackson died because of failure of his heart because of anesthetic drugs he was taking for a deep sleep. Michael Jackson was a famous singer and since last decade we all are reading news about the Bankruptcy of Michael Jackson.

So Did Michael Jackson died Leaving behind a Debt?

Well, yes. He died leaving behind a Debt but in reality he was not a Bankrupt when he died. In reality, he was a Billionaire when he died.

Read the Article: Was Michael Jackson a Billionaire?

The Valuation of his Songs portfolio with Sony Company was worth of more than a Billion and he was in a debt of $ 200-300 Millions only. The only thing was that, He did not want to sell his Assets to repay that Debt. He loved positive Cashflow from his Assets.

And that’s why when he died, he was in a debt but still he was not a Bankrupt. He was a Billionaire.

Many people love to collect coins. When I was in School, i Love to collect coins. But up to now, I did not know that, people Invest in coins also. Many people around this world are Coin Investors. They Invest in ancient and rare coins.

Yes, Coin is an Asset Class just like any other Assets such as Stocks, Bonds, Gold, Real Estate, Businesses, Blogs, Websites, Art and many more….

Many people around this world invest in coins for huge profits. This Asset Class can give you as high as 30-40% Compounded Annual return. In fact, one of my dad’s friend who is a Famous Pediatric Surgeon of Ahmedabad city invests in this Asset Class. He has Invested more than Rs.25 Lakh rupees in building a Portfolio of this Asset Class. I don’t know the exact current valuation of this Coin Portfolio but It must be more than Rs.2 Crores.

He is planning to sell this Portfolio after his retirement. He will try eBay. He will put his portfolio on eBay for Auction.

In short, Coin Collection is a great Investment Opportunity. However, there are many limitations of this Asset Class. One is lack of proper valuation method of this asset class and the other is highly un organized market.

But still there are lots of money making opportunity in this segment of Investment.

Another great advantage of rare collectible coin collection (Investment) is – Hedge against Inflation. Rare Collectible Coins can protect your wealth against Inflation very well. If you see the purchasing power of the Dollar than after 1940, Dollar has lost almost 95% of its purchasing power. But Coins have been appreciated in its value very much since then.

So Look forward in this Investment Opportunity….!!!!!

Which are the Businesses that can give Rs1 Lakh Income per month in India? Many people around this world buy Businesses only for selling them at higher Capital Gains in future. But Rich people always buy any Business for Capital Gains.

When you invest in the Stock market, you Invest your money in someone else’s Business on which you don’t have any management control for Capital Gains only. But if you Invest money in your own Business than it means that you Invest for Capital Gains.

Say for Example, take the Example of this Blog. This Blog is my Internet Business and every month, I Invest my money behind growing my own Business. I prefer to Invest first in my own Business on which I have a full management control rather than Investing in stocks and mutual funds.

Of course, I Invest in Stocks and Mutual Funds also. But unlike most of the people, my first priority is my own Business while Stocks & Mutual funds come as my second Investment priorities.

So Following are the Business that can give you Rs.1 Lakh Income (Cashflow) per month in India -

01) Internet Business – Yes. You believe it or not but Internet Businesses can give you more than Rs.1 Lakh of steady cash flow every month. In fact, right now few Bloggers in India are earning this much amount of money from their Blogs, Websites, Forums & Internet Businesses in India.

Internet Businesses are recession proof. In fact, Internet Business have negative correlation with Recession. Because during the time of recession, people will spend more time on the Internet for cheap entertainment and thus the Internet Businesses will grow.

02) Gaming – Gaming is the another Business that can give you a handsome positive cash flow every month.

03) Entertainment – People will need entertainment even during the time of recession. So it is a good Business with Income potential

04) Food Business / Restaurants – Food Business is the another Business which does not feel any heat of recession. And it has a great potential to provide you a steady cashflow.

Thus all of the above Businesses can give you a positive cash flow every month. This Cashflow will be relatively stable. So Investment in the any of the above Cashflow Business will give you a steady Income of more than Rs.1 Lakh in India….!!!!

Here is a reader’s query. The reader is from Bangalore. The reader wants to choose a Best Pension Plan for her retirement.

“Hi,
This is ***** (Reader). I am from Bangalore and I have 0 knowledge in finance and investment.
I am 39 year's old and I am looking for a best pension plan as returns from me turning 50.
Kindly suggest whats the best way I can go about this.
I can invest 10 k every month.
regards”

Well, Insurance Companies offer 2 kinds of pension plans -

01) Endowment &

02) Unit Linked (ULIPS).

The reason why people go for the above 2 plans is not because they are the Best Schemes but actually Insurance Companies market the both of the above products very aggressively. And that’s why people go for both of the above Pension Plans.

Endowment Plans - Endowment plans give you 2 benefits – Insurance (Life Cover) + Savings

Endowment plans are life insurance plans, which not only cover the individual's life in case of an eventuality but also offer a maturity value at the end of the term. In the event of the individual's demise, his nominees receive the sum assured with accumulated profits/bonus on investments (till the time of his demise). In case the individual survives the tenure, he receives the sum assured and accumulated profits/bonus.

ULIPS (Unit Linked Insurance Plans) – Now ULIPS offer 2 Benefits = Insurance + Investment.

Suppose you invest Rs.10,000 per month in ULIPs than it will deduct 1000-2000 (10-20%) as a Life Insurance premium charge and other administrative charge and invest rest of the money in the stock market.

In short, ULIPs are nothing but the Opaque Mutual Funds which charge anywhere between 10-20% entry load from you while Mutual Funds will charge just 0-2.5% Entry load from you.

Solution -

So the question comes – if your Financial Knowledge is ZERO and your age is 39 years today than what should be the solution of your Query? Well, here are 2 possible suggestions of your query.

Suggestion: 1 Don’t go for Endowment or ULIPs. Both of these are not at all effective Pension Plans to build a sufficient retirement corpus.

Go for – Term Life Insurance + Mutual Funds.

Buy a separate term life Insurance Policy & buy 4-5 star rated Equity Diversified Mutual Funds from Valueresearchonline.com. Start SIP of Rs.10,000 per month in some good 4-5 star rated Equity Diversified Mutual Fund.

The above thing will fulfill both of the needs of Pension Plan – Insurance + Investment.

Remember, Never Mix Insurance + Savings (Endowment Policy) or Insurance + Investments (ULIPS).

Pension Plan = Insurance (Life Cover) + Investment to build desired corpus for your Retirement and that’s why Your Pension Plan = Term Life Insurance Policy + Good Equity Diversified Mutual Funds.

Suggestion: 2 Increase your Financial IQ. It is true that, you are 39 and you don’t have any financial IQ but it doesn’t mean that you give this excuse every time and live your life financially illiterate.

Because if you don’t know how to manage your money than millions of people in this world know that what to do with your money – Take it from you and fly away…!!!

Cut down your TV and Entertainment hours every week and spend this time behind reading Books, Blogs, Personal Finance Magazines, News papers…etc… If you don’t like to read than go to Amazon.com and buy Audios and Videos from famous Finance Gurus and listen and watch it……

Instead of investing 10,000 per month in the pension plan, invest 2,000 in your own Financial Knowledge for next 10 years and invest just 8,000 in a pension plan that I have suggested you….

Believe me,…. It will help you gain unbeliavably high Returns…..

Benjamin Franklin once said, “Investment in your own Knowledge (Financial Knowledge) will give you best Dividends (Returns) in the Long run than your any other Investment.”….

Are you a Doctor & Want to Become a Billionaire Doctor? Than this Article is for you. I have specially written this article for my doctor friends because many of them have asked me the same question - “How to Become a Billionaire Doctor?”

The Information in this article will be very much useful to you if you really want to be a Billionaire Doctor.

So Let us start the discussion. What do you think that, What it requires to be a Billionaire? If you think that, it requires a Great Professional skill in the field of Medicine than you are wrong. Because no matter how good or bad doctor you are, You can not earn a Billion Dollar (Rs.5000 Crores). Because a Billion Dollar is the Valuation of Assets mainly Listed Businesses.

In other words, if you want to be a Billionaire Doctor than First of all, forget about earning this much amount of money. Remember, If you want to be a Billionaire Doctor than you have to PRINT this much amount of money in the economy, of course Legally……

So Rule 1 to Become a Billionaire is – Change your mindset and think in direction of PRINTING a Billion dollar in the Economy, Legally.

Now, the next question is – How to print a Billion Dollar in the Economy Legally?

Well, for this look around you. Look the Billionaires around you on this earth and observe that How they became a Billionaire? Is it because they have a Great Idea?…….Huh…… I don’t think so…..

Go to Forbes.com & read the profiles of all the Billionaires and try to find out that what’s common in all of them?

Just Think that Why Bill Gates is Billionaire? Why Ambani Brothers are Billionaires? Why Warren Buffet is Billionaire? and so on and on and on…..

All of these people are billionaires because they had a great Business ideas that no one ever had? Well, Not So…….

Let me tell you my observation of the Billionaire Club. – All of the Forbes Billionaires have one thing in Common & that is all of them have developed a Successful Business and taken it to public and now their Businesses are listed on the various Stock Exchanges all around the world and their own stake (Share) in their own publically listed companies is worth of Billions and that’s why they are Billionaires today….

So Rule 2 to Become a Billionaire is – Develop a Successful Business & Take it to Public. Focus only on fulfilling the all the criterias of listing a Business to the Stock Exchanges.

And finally, taking your business to public means “PRINTING YOUR OWN MONEY LEGALLY”. Because economy did not have this much amount of money printed before your business going public.

So whatever you do in your life, but Don’t Forget to take your Business to Public. Most of the doctors struggle financially because they develop a Successful Hospital Business but don’t take their Hospital Business to the public. Because they don’t have the Information in this article.

I am not saying that, taking a Business to public is an easy task. But it is the only way to become a Billionaire. To Become a Billionaire, your own stake in your own Publically Listed Company MUST MUST be worth of Billions.

Just take the Example of Ambani Brothers – What they Do? They develop Businesses after Businesses and take all of those Businesses to public and this is how they print money legally in the economy. In fact, every billionaire of this world do the same thing……

So you also follow them. Develop a Successful Hospital Business & Take it to Public…… & Become a Billionaire Doctor……!!!!!!

Mobile Lottery Scams: Can you Really Win Millions on Mobile Lotteries?

Well, I have the answer of this question but it will kill your Dream of being a Millionaire…!!!

Honestly speaking, the Answer is NO.

You can never win millions on Mobile Lotteries simply because they are Scams. Just ask your self this simple logical question – How can you win a lottery that you have never bought a ticket of? According to the laws, Nobody can enter your e-mail or mobile number into a Lottery without your permission.

So if you have never bought any kind of Lottery Ticket than how can you win that Lottery?

This is simply a Scam.

This is How Mobile Lottery Scams work -

Scammers collect the mobile numbers from literally thousands of people and send a mass message to all of those people that, they have won a mobile lottery of millions of dollars or pounds and now they have to contact so and so person to claim the price.

What that person will do? Well, that person will ask you for few hundred to few thousand bugs to deliver your lottery prize at your home or in your country. Traditionally Scammers don’t ask to pay via Paypal or any other secure payment systems. They will ask you to transfer money via Western Union Money Transfers so that they can collect money hassle free.

If you send this money than that person will fly away with your money. But you will never receive your lottery winning amount.

However, there is still one way to be a millionaire via Mobile Lotteries and that is – You your self become a Lottery Agency and cheat other people like this. But well, I would never recommend this way to you because of 2 things.

01) Laws are very strict. If you caught, you may have to spend rest of your life in a Jail &

02) It is easy to make million dollars in your twenties & thirties by doing an Internet Business legally and without doing any fraud.

So Why to Do Scam? Because it is possible to make literally millions by doing your Internet Business….. Take my Example – I have started “MY Journey To Billionaire Club” , 1 year before and today I am earning US $ 30 per month from this Internet Business passively and soon I will start earning 6 figure Income every year from this Blog than why to do Scams?…….

So forget about Mobile Lottery Winning & Start thinking about developing your own Business…..

Quick Guide: How to Buy a Domain Name?

Domain Name is a Real Estate of Internet. Owning a Domain Name is exactly same like owning a piece of Real Estate. The only difference is that, This Asset Class is Virtual so you can not see it.

There are several reasons to own a Domain Name. These reasons are exactly same as that of owning a Real Estate.

01) To do A Business – The one commonest reason of owning a Real Estate is, You want to do a Business on it. This rule applies to Domain Name also. Internet Entrepreneurs buy a Domain Name to do a Business on it. Say for Example I have bought MyJourneyToBillionaireClub.com Domain Name to do a Business on it.

02) To Flip it – Investors buy a piece of Real Estate & Hold it for several years for Huge Capital Gains. And thus Domain Investors buy Domain Names for Flipping them for huge profits in the future.

The Following Quick Guide will teach you that, How you can buy a Domain Name for Investment purpose or for Internet Business -

Step: 1 Visit GoDaddy.com – There are several companies from which you can buy a Domain Names but I personally prefer GoDaddy.com simply because it is the MARKET LEADER.

Step: 2 Start a Domain Name Search – First step to buy a Domain Name is, you check that weather your desired Domain Name is available or not. See the above photo and type a Domain Name in it and click OK.

Step: 3 If Domain Name is not available than repeat the Step 2. And if it is available than Proceed to Checkout.

Step: 4 Register an account with GoDaddy and pay via Paypal or your Credit Card.

Step: 5 You are Done. Log on to your GoDaddy account and check that weather it is registered in your account or not.

So Now your GoDaddy Account is a Safety Vault of your valuable Assets – Domain Names. Let me tell you that owning a Domain Name for a year will cost you just US $ 10 per year. So it is very cheap. However, Premium Domains can be worth of Millions.

The Domain Name Loan.com sold for US $ 3 Million in year 2001. You can also make a Portfolio of Domain Names in your GoDaddy Safety Vault. Owning a Domain Name means owning an Asset just like any other Assets such as Stocks, Bonds, Gold, Real Estate & Mutual Funds….!!!!

So What are you waiting for? Start buying Internet’s invaluable Assets NOW….!!!!!!!!!

I am a doctor and most of my friends are doctors. And many of them asked me several times this Question - “Can Doctors Become Billionaires?”

Well, the answer is – Of Course Yes.

Anyone in this world can become a Billionaire. But well, a Doctor can not become a billionaire by earning this much amount of money from the medical profession. Doctors are self-employees (Professionals) and no one in this world can become a Billionaire by a Profession.

Because $ 1 Billion = Rs.5000 Crores and no one in this world can earn this much amount of money by a profession. If you want to be a Billionaire than you MUST print this much amount of money in the economy legally. If you want to be a Billionaire than you MUST create Investments rather than doing only Investments. You have to create Investments in which millions of people want to invest if you want to be a Billionaire.

- Than How to PRINT 1 Billion Dollars in the Economy Legally?

- How to Create Investments in which Millions of people want to Invest?

Well, the answer of the above 2 Questions is – By Developing a Successful Business and taking it to the public. Yes, this is the only way to become a Billionaire. I have analyzed all the Forbes Billionaires of this world and all of them have one thing in common and that is, all of them have created Successful Business and taken them to the public.

So if you are a doctor and want to be a Billionaire than developing a profitable Hospital Business only is not sufficient. You have to take that Business to the public. You have to fulfill all the Listing Criterias of your Hospital Business and take it to public.

You MUST have to Sell the Shares of your Hospital Business to literally millions of people if you want to be a Billionaire Doctor. This is the one and only way to become a Billionaire Doctor.

In fact, all of the Billionaires of this world become Billionaires by Selling Shares of their Businesses to the public. Unfortunately, doctors don’t know this fact and that’s why they can’t be a Billionaire Doctors. But This is the Information age and all you require to get rich is the Information and not Money.

So Now you have Information about how to be a Billionaire Doctor…. So What are you waiting for? Start Working on it….. Fulfill all the criterias of Public Listing of a Company and List your Hospital Business on the Stock Exchanges. Hit the market and be a Billionaire…….!!!!!!!!

The World is Yours…….!!!!!

Overdraft against Land & Building: Let your Property help your Business.

Manufacturing and service centric enterprises, from time to time happen to need an extra push to exceed expectations. Now there is a simple way to meet your working capital requirements – The SME Overdraft against Land and Building.

This easy accessible overdraft facility lets you withdraw the amount you require and payback on your terms within the tenure. According you a margin of 40%, a world of possibilities would be open to you.

Bank of Baroda is giving this over draft facility -

Here are the some essential features of this overdraft facility from Bank of Baroda.

- Loans ranging from Rs.15 Lac to Rs.200 Lac; up to Rs.50 Lac in case of rural, semi-urban branches

- Loan tenure of 12 months

- Security in form of factory land, building or any other unencumbered property in the name of unit/proprietor/partner/promoter.

- Interest rate: 0.75% below BPLR for small enterprises and 0.50% below BPLR for medium enterprises.

- Approvals based on Nayak committee recommendations

Therefore, stepping on to a higher ground no longer needs to be a dream. They are within reach and very much possible. Here are the eligibility criteria that will enable you to avail the SME Overdraft against Land & Building:

- The firm needs to be a proprietorship, partnership firm, private/public limited company in SME sector

- The firm should have been established in the line of activity for a minimum period of 2 years.

- Personal guarantees from all promoters and directors

For more details call Toll Free No: 1800 22 4447

Government of India is now Planning for a uniform Public Holding Threshold for all Companies. So What it means to you?

Well, it means that, if you want to take your Business to the public in the future than you have to give minimum 25% ownership/Equity to the Public. Right Now the Rule is 10-25% means if you want to go to public than you can sell just 10% of your Business to the public and make a listing of your Business on Stock Exchanges (NSE & BSE) of India.

But the Indian Government is worried about current law. Because according to the current law, many state owned companies and private sector companies have just 10% Equity in public and Promoters of the Company own most of the Company.

Government is planning to implement a uniform public shareholding threshold (25%) across all the companies. Firms that till now did not conform to the 25% public shareholding rule, include select state owned companies and others in sectors such as IT, Infrastructure, Entertainment, Media and Telecommunication.

Non-Promoter Holding in these Companies vary between 10% and 25%.

Once the decision is taken, there will be only one rule for all companies and they will have to gradually increase it to an annual figure.

Mukesh Ambani’s Reliance Group’s Flagship Company is Reliance Industries. Reliance Retail & Reliance Home Products are the units of Reliance Industries, India’s Biggest Company in the Private Sector.

Both of these Reliance Group Units have started selling food items such as flour, pulses and edible oil in Mumbai through a newly-formed arm, testing the waters before it takes a plunge into the consumer products business.

The Fast Moving Consumer Goods (FMCG) Market in India is estimated to be worth Rs.1 Lakh Crore and is dominated by large players such as Uniliver, Dabur & ITC.

Reliance Home Products is responsible for sourcing, quality checks, Branding, distribution and marketing of these products, which are supplied to all retailers, including Reliance Retail, at the same price.Reliance has forayed into FMCG as the Business is fairly stable and revenues do not get badly affected even in a down turn.

Once all the Reliance products will available nation wide, it may promote them through Advertising.

As all of you know that, many people invest in the Commodity & Stock market after taking the advise from Financial (Stock Market) Astrologers. 22nd July 2009 was a day of Solar Eclipse.

Financial Astrologers all around the world had given so many advises about Investments on that day. Here are few of those Advises -

- Old-fashioned traders on the trading floors of Chicago Board of Trade and Kansas City Board of Trade write wheat, corn and soy future ahead of any major Solar Eclipse.

- Brazilian and Mexican commodity dealers, who still go by conventional wisdom, take positions in agri-commodities a week prior to a solar eclipse.

LOGIC: The tradition to buy food grains is pegged on centuries old belief that solar eclipses bring about natural calamities which will in turn increase demand for food.

- Conventional Indian traders had also taken a trading call, or kept their options open, ahead of the Eclipse on Wednesday 22nd July 2009.

- According to the studies by Financial Astrologers, the Sensex has fallen on Lunar eclipses and risen on Solar eclipses.

- According to US based Stock market Astrologer, Eclipses always have an effect on markets. That probably is one reason why even Wall Street traders kept an eye on eclipses and market movements.

- Take the case of Lunar eclipse on March 3, 2007. The Sensex fell close to 6%, five days prior to eclipse and fell further 0.1% post the cosmetic event. Similarly the market fell 3% five days prior to the lunar eclipse on August 16.

- According to Numerologists, This may not be a good time for Speculators. The eclipse is on 22; if you add these numbers individually, you will get 4. which represents Uranus (Rahu). Now Rahu is not good for Speculation according to the Numerologists.

It is likely that, Reliance Capital may sell stake in its Insurance Arm, Reliance Insurance. It may float IPO (Initial Public Offering).

Reliance Capital, The Reliance ADA (Anil Dhirubhai Ambani) Group Company is planning to dilute its equity stake in the life insurance Business.

The firm has recently commenced Domestic fund raising for its private equity fund, with a special focus on HNIs and Financial Institutions.

Reliance Capital is also plan to enter the Investment Banking Business next year. Mr.Anil Ambani said, “Given the scale and magnitude of our relationships across corporate India, and the sheer size and reach of our distribution network, we are ideally positioned to create a significant presence in the Investment Banking Business.”

Mr.Anil Ambani also said in shareholders’ letter to increase its distribution from 5,000 to 25,000 cities and towns.

In short, Reliance ADA Group will soon announce the IPO of its Insurance Business – Reliance Insurance…

ICICI Bank Customer Education Series: Experience the Joys of Online Shopping

Online Banking Advise -

Please do not share your log-in password, transaction password or debit card grid details with anyone.

Features of Online Shopping -

- Surf through a variety of books and best sellers and place orders for delivery at your convenience

- Evaluate the best travel offer available, from the comfort of your home or office.

- No more standing in queues to book the latest movie tickets.

Shop @ your Convenience -

- Range of products and services

- Flexibility of comparing products and services

- Delivery when you want

Shop in Safe & Secure Environment -

- Robust safety measures like authentication by bank and credit card

- Multiple layers of security to ensure risk-free shopping experience

- Validate payment site’s security certificate by clicking on the “Lock” Icon on your Internet Browser…

For more Information, Visit www.icicibank.com

India’s largest private sector home finance company HDFC has cut floating interest rates for NEW CUSTOMERS by 25 to 50 basis points.

Revised HDFC Home Loan Rates -

- Loans up to Rs.15 Lakh are available at 8.75% against 9.25% earlier.

- Loans between Rs.15 Lakh and Rs.30 Lakh are now available at 9% against 9.25% earlier.

- Loans above Rs.30 Lakhs are at 9.5% against 9.75% earlier.

According to the revised Home Loans rates, the EMI on Rs.1 Lakh for a 20 year loan will be Rs.884.

Go to eBay Store of Lehman Brothers & Own a Piece of History

The above is the Bankrupt Lehman Brothers Store on eBay. You can buy items from Bankrupt Lehman Brothers and keep them with you for memory. Lehman Brothers will pay the earnings from this Sale to their Creditors….

Lehman Brother has filed the Biggest Bankruptcy of USA ever on 15th September, 2008. Following its Collapse, about 700 hedge funds and Investment firms lost control of US $ 23 Billion in Assets.

And that’s why Lehman Brothers has launched an eBay Store - “Own a Piece of History”.

You can buy here a green umbrella having a Logo of Lehman Brothers on it for only US $ 20. Since the beginning of July, Bankrupt Lehman has holding a garage sale on eBay, hawking thousands of items originally produced originally as freebies for the firm’s clients and employees.

The Revenue from eBay Sales will go to the Creditors. The firm owes as much as US $ 250 Billion.

So Check out the items from eBay store of Lehman Brothers & Own a Piece of History….

As all of you know that, Federal Reserve, USA Chairman Ben S Bernanke has printed US $ 1.3 Trillion US Dollars out of thin air only and pushed it into the world’s largest Economy.

In Normal Conditions, when US Government issue Treasury Debt, other countries of world such as India, China, Russia & Japan buy it. But this time Federal Reserve has issued Treasury Debt and Federal Government has bought it and in this way, US Government has printed Money in True Sense.

But here is the other concern. The concern is that, Now US Dollars are Terribly flowing Currency in the world and the Federal Lending rates are ground Zero to shoot up the economy. So there is a concern of Hyperinflation. Because if Bernanke fails to absorb this much amount of Liquidity back from the Economy, once the Economy bounce backs, it will literally cause Hyperinflation & Mass Financial Disaster in the world….

So to keep the interest rates at a record low, Bernanke may have to show Congress and Investors that he can be as creative about soaking up cash from the Financial System as he was when pouring it in.

Experts feel policy makers will need to keep rates unchanged a lot longer, perhaps until late 2011, to bring down unemployment.

Bernanke will outline his strategy for exiting biggest monetary expansion in history when he delivers his semiannual economic report to congress.

Once again the Gold returned to the 15K mount after a gap of more than 3 and a half months. The Pure Gold is now Rs.15,010 per 10 gram in the Mumbai market, a major gold hub.

Usually the Indian’s Domestic Consumer Demand is the factor which drives the prices of Gold up. But this time, it is not so. According to Bullion Traders said that, firm Gold price, which is the combine result of dollar’s weakness and rising crude prices, is the main reason for the latest run-up.

In fact, the surging prices have reduced demand for gold jewellery drastically in spite of forthcoming marriage season.

Gold imports in India fell by 50% in June 2009 against the same period of the past year.

The Government of India is considering a proposal to set up a Financial sector oversight agency (FSOA) which could function as an umbrella organization for all regulators in this sector.

3 Years ago, a proposal for a super regulator was thwarted by SEBI. The government is avoiding a similar strategy this time in view of the resistance it could face.

The new agency will only act as an umbrella body covering RBI, SEBI, IDA, Forward Markets commission and PFRDA. The idea is not to leave any gap in the Financial sector regulation.

The government is also considering a proposal for setting up a financial ombudsman office to expand customer literacy, prevent exploitation and arbitrage grievances.

Many Mutual Fund Houses of India have stopped more inflow of Fresh Capital into the existing Arbitrage Opportunities Schemes. Well, those who don’t know anything about Arbitrage Funds, let me introduce the Arbitrage Funds First…

Well, Arbitrage Opportunity means the price difference in the Stock price of Current Market price and future market price. Arbitrage Opportunities develop more in Bull Market because the future price of the stocks are selling at Premium Rates but in Bear Market the future price of the stock are trading at Discounted Rates. So during the current market conditions there are very less Arbitrage Opportunities….!!!!

Following are the Arbitrage Funds of India -

01) Kotak Equity Arbitrage

02) UTI Spread

03) ICICI Prudential’s Blended Plans

All of the above Reputed Arbitrage Funds of India are no longer accepting fresh money from the Investors…

Arbitrage schemes are considered as a relatively risk-free, aim to profit from the pricing anomalies between shares and equity futures. They use at least 65% of their fund corpus to take advantage of such pricing anomalies. These hybrid schemes are structured to invest up to 35%of their Corpus in Money market papers such as Certificate of Deposits and Commercial Papers….

Right now the situation is that, if the Arbitrage Funds accept the new money than they can’t give competitive returns because there are very less Arbitrage Opportunities in the Market.In the Bull run, these schemes have given 9-11% return per year but during the current time they are offering just 5-6% returns hardly which is a far cry from Debt Funds.

Adani Power IPO is coming. Here are the IPO Details.

IPO Details: -

ISSUE OPENS: JULY 28, 2009

ISSUE CLOSES: JULY 31, 2009

PRICE BAND: Rs 90 - Rs 100 per share.

MINIMUM APPLICATION: 65 Shares

Business of Adani Power Limited

Adani Power Limited will be in the business of developing, operating and maintaining power projects in India. It is part of the Adani Enterprise Limited, which is a large Indian conglomerate with revenues of over Rs.196,097.10 million in fiscal 2008. The parent company is one of the three largest coal traders in India and the largest power trading company in India (in the last three years).

The group itself is looking at vertical integration with power projects and it currently has presence in:

• Coal Mining
• Coal Trading
• Shipping
• Power Generation
• Power Transmission
• Power Trading
• Owning and Operating a SEZ

Adani Power Limited has four thermal power plants that are in various stages.

Key Risks Factors of Adani Power Limited

1. No Operating History:

2. Long Gestation Period:

3. Significant Indebtedness:

4. Potential Promoter Conflict of Interest: Adani Power will rely heavily on its promoters to provide it financial know - how and access to key personnel. Since, some promoter group companies operate in the same business areas — this poses potential conflict of interest.

Buy or Not Buy? -

Well, over all Adani Power looks cool IPO. But before investing it, you should aware of the above key Rissk Factors.

Reader’s Query - “I had acquired some equity shares 10 years ago which have appreciated several times in value. I am a non-resident Indian and hold a NRO account with an Indian Bank. Since the shares are unlisted, if I wish to sell them and repatriate the sales proceeds abroad, would I need to take permission required from the RBI? Also would there be Capital Gains tax chargeable? Please advise.”

Long-term Capital gains is exempt only if the shares are listed on an Indian Stock exchange and Security Transaction Tax (STT) paid on the same. In the instant case, as the shares are unlisted and no STT has been paid, long-term capital gains tax would be applicable.

Under the current foreign exchange regulations, a non-resident Indian/Person of Indian origin is permitted to remit up to $ 1 Million per Financial Year (April to March) for bona fide purposes, subject to specified conditions.

Recently a Reader has asked me a question - “My mother has left a will, giving an equal shares to her four children – 2 daughters and 2 sons – in a residential flat. While both my sisters have transferred their rights in favour of their brothers by way of release deed, my favour by taking Rs.22 Lakh (i.e. 50% of the flat’s market value). Is the money received by my brother taxable as Capital Gain? Are my Sisters liable to pay any tax?”

Any transfer of a capital asset under a gift or will is not regarded as a transfer and accordingly not liable to capital gains tax.

Therefore, when the property was transferred under a WILL, to the 4 children and also when the 2 sisters transferred it as a gift to the brothers, these transactions should not be subject to Capital Gains tax. However, the matter is not free from debate. Therefore, the actual facts of the transaction in respect of the family arrangement need to be examined in detail.

Post Retirement Investing: Things to Keep in Mind

Post retirement Planning is as important as Retirement Planning. Because after all, Post-retirement Planning is all about Money Managing. You have worked hard through out your life, cut down the expenses, saved money and invested it wisely. Now you are Retire so its time to Relax. But at the same time, it is very important to maintain a steady Cashflow out of your Capital to maintain your life style.

NOTE: Let me tell you Honestly that, if you have spend your life behind developing your own Business than this Post is not for you. Because your Business will provide you and your next generations a steady amount of Cashflow in growing amount year by year even if you stop working. This post is basically for Middle class people who have worked hard through out their life for someone else to make them rich. I mean I am talking about Job People. If you have worked whole of your life for someone else than this post is a MUST for you because you don’t have knowledge to manage money so you could end up with Financial Disaster if you don’t have the Information in this Post.

Well, See….. There is single Principle of Post-Retirement Investing - “SAFETY OF CAPITAL”.

Once you take the retirement, Safety of Principal should be your Prime Goal. Consider the following criterias while re-shuffling your portfolio.

- Maturity of your Existing Portfolio
- Risk Appetite
- Volatility Check
- Capital Protection
- New Investment Horizon
- Return Expectations

Here is a Quick Guide of Post-retirement Investing -

- If your Fund requirement is Short Term (Less than 2 years) –> Consider the Investments in Liquid Funds

- If your Fund Requirement is Medium Term (2-5 Years) –> Consider the Debt Funds

- If your Fund Requirement is Long term (> 5 Years) –> Consider the Equity Funds

So Take into consideration the above Guidelines for Post-Retirement Investing.

And if today you are youngster than start your own Business. Invest your time behind developing your own Business. Believe me…. Post-Retirement you will have a steady, Handsome Cashflow from your own Business for you and your next generations without working you harder in the economy.

Following 3 are the Top 3 ETFs (Exchange Traded Funds) of the last week (July 2009; 4th Week).

01) Bank BeES – 10.76% return in the past week

02) Reliance Banking Exchange Traded Fund – 10.66% return

03) Bifty BeSS – 9.32%

So all of the above are Best ETFs of the week.

Following 3 are the Top 3 ELSS (Equity Linked Savings Schemes) of the Week (July 2009, 4th Week).

01) Bharati AXA Tax Advantage Fund – Regular – Growth – 11.35% return in 1 week

02) Bharti AXA Tax Advantage Fund – Eco – Growth – 11.34% return

03) DBS Chola TaxSaver Fund – Growth – 9.39% return

All of the above 3 Tax Saving Mutual Funds have outperformed in the past week.

Most of the people invest their money in the stock market by listening to the advise of their brokers, friends, relatives or Hot Tips. But this type of Information doesn’t give you the holistic broad picture of the Company.

It is said that, there are no Shortcuts to becoming a Successful Investor. The Ideal Investment is one in which the Investor has thoroughly analyzed the Financial Statement of the Company.

A Financial Statement is the Score Card of a Company which gives you the clear picture about what’s going on in the Business.

A Financial Statement has many parts such as Income Statement, Balance Sheet & Cashflow Statement. You should review all the parts of the Financial Statement in Company’s Annual Financial Statement report.

Unlike annual results, Quarterly results are not accompanied by Balance sheet numbers and Cashflow Statements. That’s why it becomes difficult to assess the strength of the Company by only looking at its quarterly result.

What to See -

- Corporate Governance: Find out if there is any significant churning at board level.

- Financial Statements: Review Consolidated P&L Account, analyze expense/gains.

- Shareholder Information: Scrutinize if there is higher free float. It contributes to greater trading liquidity and lower transaction costs.

Start from Cashflow statements of the Company. than go further…!!!!!

Wealth Tax in India was for more than Rs.15 Lakh of Wealth previously (Before 2009). But from this Budget, The government of India has increased this Limit to Rs.30 Lakhs.

Assess Your Wealth Tax -

There is a Core Basic difference between the Wealth Tax & Gift Tax. In Case of Gift tax, if the recipient's gift value exceeds Rs.50,000 than the Total Gif amount is taxable while in case of Wealth Tax, you need to pay wealth tax of 1% only on the amount that exceeds the Rs.30 Lakhs limit proposed in the recent budget.

It means that, suppose if you have Rs.45 Lakhs of Wealth than you will be taxed 1% on Rs.15 Lakhs (the amount that exceeds Rs.30 Lakhs) and thus your wealth tax will be Rs.15,000.

But if you receive a gift of Rs.30 Lakhs than this Total amount will be included in your Income and taxed at the rate of 30% (Because any amount more than 10 lakh falls under 30% Tax Slab) and thus your gift tax will be Rs. 9 Lakhs…!!!

What is Wealth? -

Now the next question comes is, Which things are included in Wealth? Well, the following things are included as a Wealth.

- The Value of your second, third and subsequent residential house property if it has not been let out for more than 300 days.
- Urban Land that you posses
- Cash on Hand above Rs.50,000
- Motor Cars
- Yachts
- Boats
- Private Jet (Air Craft)
- Jewellery
- Bullion & Precious Metals (Gold, Silver, Platinum…etc)

Exemption -

If you have an outstanding loans and liabilities, then you can deduct the value of those loans from the total wealth.

Penalty -

If you fail to disclose wealth, then in addition to interest, you will have to pay a penalty in the range of one to five times the tax liability of your wealth. There are also chances that you could be prosecuted for the same.

Once upon a time, there was no Gift Tax in India. But during the recent time, the government of India has applied a Gift Tax on gifts. So if your friend or relative is generous enough to give you an expensive gift that crosses the certain limit than you may be eligible for Gift Tax.

This Quick Guide will teach you the Basics about Gift Tax in India.

Gift Tax -

The Basic Rule of Gift Tax is that, the giver will not be taxed but the recipient of the gift will be taxed.

Thus, if you are an Individual or HUF (Hindu Undivided Family) and if you receive a gift that exceeds above the amount of Rs.50,000 than you MUST have to add this gift into your Total Income and it will be taxed according to your Tax Slab.

If your all the gifts exceeds the value of Rs.50,000 then you have to pay tax on the entire amount and not simply on the difference. If you fail to make this payment, then the IT act has provisions whereby in addition to the interest liability, you could end up having to pay one to three times the amount of tax you were supposed to pay on the income from gifts.

Gift Tax Rule Exemption -

The Only times when you are exempt from these rules are if the gifts are made by relatives, exchanged during marriage ceremonies or fall to your lot under the prescriptions of WILL.

The Definition of Gifts -

The definition of gifts doesn’t only include the Cash gifts. But it also includes all the Assets such as Stocks (Shares), Property, Art, Paintings, and any other non-cash assets.

Also where a Realty Deal is agreed between two independent parties at a value lower than the stamp duty value, the buyer may end up paying tax on the difference between the transaction value and the stamp duty value if such difference is in excess of Rs.50,000.

For movable Property the basis is the fair market value.

Who are your Relatives? -

According to Section 56 of I-T Act, a relative would include,

- Spouse of an Individual
- Brother or Sister of an Individual
- Brother or Sister of Spouse of an Individual
- Brother or Sister of either of parents of Individuals
- Any lineal ascendant or descendant of Individual
- Spouse of persons referred to above

It has been observed by many reputed Brands that, adding old twists into the Adds help increasing the Brand Value of a Product. Several Companies have tried old twists into their Ad Campaigns. Here are few famous examples.

01) Cadbury’s Aaj Pehli Tarikh Hai

02) McDonald’s Aap Ke Zamane mein, Baap ke Zamaane ka Daam

03) Bajaj Pulsar 220 – The Fastest Indian

04) Center Shock’s – Hila ke Rakh De

05)  Coke’s ‘Wakaw’ Ad

06) Hindustan Uniliver’s Close Up Commercial ‘Kya Aap Close Up Karte Hai’

All of the above Brands have been attracting Consumers due to their unusual concepts. Such Styles allow Brands to build an interesting Local Connect.

So it suggests that, if you have a product than you should market it well with unique add Campaign if you want to get Maximum Consumer Response.

After 2000, Blogs are emerged as a New Asset Class – Blogging Business. Owning a Blog is exactly like owning a Business. A Blog is a Company and its owner is a CEO. In fact, behind many popular Blogs not a single person works but a team of people work.

But unfortunately we don’t have any proper Blog Valuation System. Blogs are Intellectual Properties means mind work. Another thing is that, for valuation of any Asset, we need to know its Cashflow & Revenue. But right now all the Blog Companies are fully privately owned. None of the Blogging Company is publically held.

Google & Yahoo are publically owned Internet Companies and that’s why we have their Quarterly Financial Statements publically available and that’s why we can know the proper Valuation of these Businesses. Right now none of the Blog is publically owned and that’s why it is really difficult to do the proper valuation of popular Blogs. So unless the Blog owners tell us about the Financials of the Blog, we can’t know the Valuation of any Blog.

In short, the task of valuing the largest blogs is impossible. Here are the Valuations of some popular Blogs according to their probable earnings according to the web traffic they receive and eCPM.

1. The Gawker Properties: $150 million. Gawker, ValleyWag, Gizmodo, Wonkette, and a number of smaller websites. The company claims 30 million monthly unique visitors. According to audience measurement service Quancast, that number is fairly close. Compete shows that traffic to most of the large sites in the group more than doubled from a year ago. If the sites generate one-and a-half page views per unique visitor and the total CPM value of the multiple advertisers on each page is $20, Gawker is an $11 million business which is still growing quickly. The company does not appear to be staff-heavy, so it is imaginable that the margins on the business are 50%.  Would the business be worth 15x revenue or 30x operating profits? Could be.

2.MacRumors: $85 million.Blog knows more about Apple than Apple management does. It ranks No. 2,700 in Alexa. Compete shows 544,000 visitors and moving up quickly. Quantcast puts global unique visitors at 5.3 million. Page views at 33 million, which seems a bit high. Advertising looks high-end and solid, probably at least $30 per page CPM.  Business should do at least $12 million and have a high margin, estimated at 60%. At a 12x multiple.

3.Huffington Post: $70 million. Several websites commented that HuffPo might be worth $100 million when it raised $5 million late last year. Arianna Huffington said to Portfolio that the business was in the process of becoming profitable. In late 2007 management claimed that the website had 4 million unique visitors per month and would bring in $7.5 million for the year. The website is now in the top 1,000 according to Alexa and its ranking has been climbing, probably due to the election. Compete shows a similar trend with the website reaching over 1.8 million people in February, up 245% from the same month last year. The problem with the business now is that its value has probably peaked. The huge increase in visitors is likely to fall-off once the election is over. HuffPo has tried to building out other content sections, but it is likely that they cannot replace the visits from the core audience which visits the site for political comment. That means that the company will have all of the costs (40 or 50 people) and a falling number of visitors.  Revenue should actually begin to fall in 2009. With a business which is likely to shrink next year, it is hard to believe that the company is worth more than 10x revenue.

4.PerezHilton: $48 million. Is No 755 in Alexa. Compete show 1.3 million visitors a month. Quantcast, probably the most reliable of the measurement tools when the sites use its code shows 10.1 million uniques. Quantcast puts month page views at 191 million. That seems high. It would put revenue at $900,000 million a month with a $5 CPM.  The site is as much a personality cult as it is a destination. But, it probably runs with margins over 50%. That would put operating profit at $11 million. Founder is central to business. CPMs are low. Give it 8x operating profits

5.TechCrunch: $36 million. The TechCrunch network claims almost 3.2 million unique visitors and 14.6 million page views. The page view number sounds very high. It would be an unusually high PV to unique ratio. The company also has a conference business. Alexa rates TechCruch at the 951st most visited site in the world, but also shows that the company’s audience is not growing. Compete shows the site’s audience as growing but having a modest 900,000 visitors in February. Based on the advertisers running at TechCruch and the high value of its concentrated audience, the CPM yield on each page could certainly be $30. That would put revenue from advertising at $438,000 a month or $5.3 million a year. Ad another $600,000 for conferences based on 500 attendees at $1,250 per person. TechCruch is a $6 million business. With people and conference costs, the firm’s margins are probably about 40%. The firm does have a fairly large staff and relies on founder Michael Arrington for a lot of its best content. That is a risk. Fifteen times operating profit in case the founder is hit by a bus.

Read More on 247Wallst.com about the Valuation of other Famous Blogs……!!!!

Self-made Billionaires without Higher Education: Famous Billionaire College Dropouts

01) Bill gates -

Are college dropouts more successful than people with good education? It would seem so if you consider that many billionaires are people who dumped college. However, what this hides is the fact that although millions quit studies before completing them, very few of them go on to become rich.

What the list of the super-rich dropouts signifies is that in business, a top degree is not as important as having the right aptitude, attitude, determination and vision.

Here are some dropouts who went on to become billionaires:

William Henry Gates III (1955-), along with Paul Allen, co-founded Microsoft Corporation, the world's largest software maker. Bill Gates, the wealthiest person in the world with an estimated net worth of $48 billion (Rs 211,200 crore!), is probably the best-known college dropout.

Gates attended an exclusive prep school in Seattle, went on to study at Harvard University, then dropped out to pursue software development. As students in the mid-70s, he and Paul Allen wrote the original Altair BASIC interpreter for the Altair 8800, the first commercially successful PC.

In 1975, Micro-Soft - later Microsoft Corporation - was born. Three decades on, Gates has been Number One on the Forbes 400 for over a dozen years. And here's something you probably didn't know: The Bill & Melinda Gates Foundation currently provides 90 per cent of the world budget for the attempted eradication of polio.

02) Steve Jobs -

Steven Paul Jobs (1955-) and Apple Computer are names that have long gone together.

Born in the United States to an unknown Egyptian-Arab father, Jobs was adopted soon after birth. After graduating high school, he enrolled in Reed College, dropping out after one semester.

In 1976, 21-year-old Jobs and 26-year old Steve Wozniak founded Apple Computer Co. in the family garage. Jobs revolutionised the industry by popularising the concept of home computers.

By 1984, the Macintosh was introduced. He had an influential role in the building of the World-Wide Web, and also happens to be Chairman and CEO of Pixar Animation Studios.

Today, with the iPod, Apple is bigger than ever. Incidentally, Jobs worked for several years at an annual salary of $1. It got him a listing in the Guinness Book as `Lowest Paid Chief Executive Officer.' He was once gifted a $90 million jet by the company though. And his net worth? Moer than $3 billion.

03) Larry Ellison -

Lawrence Joseph Ellison (1944-), co-founder and CEO of Oracle Corporation, founded his company in 1977 with a sum of $2,000. Once a school dropout, he is now, according to Forbes, one of the richest people in America with a net worth of around $18.4 billion. The figure also makes him the ninth richest in the world.

As a young man, Ellison worked for the Ampex Corporation, where one of his projects was a database for the CIA. He called it Oracle, a name he was to reuse years later for the company that made him famous.

Interestingly, the organisation's initial release was Oracle 2. The number supposedly implied that all bugs had been eliminated from an earlier version.

Ellison is quite a colourful man, and has long dabbled in all kinds of things. Want to learn more? Try his biography, The Difference Between God and Larry Ellison.

04) Dhirubhai Ambani -

Dhirajlal Hirachand Ambani (1932-2002) was born into the family of a schoolteacher. It was a family of modest means. When he turned 16, Dhirubhai moved to Aden, working first as a gas-station attendant, then as a clerk in an oil company.

He returned to India at 26, starting a business with a meagre capital of $375. By the time of his demise, his company - Reliance Industries Ltd - had grown to become an empire, with an estimated annual turnover of $12 billion!

Dhirubhai was, in his lifetime, conferred the Indian Entrepreneur of the 20th Century Award by the Federation of Indian Chambers of Commerce and Industry. A Times of India poll in the year 2000 also voted him one of the biggest creators of wealth in this century.

Dhirubhai's is not just the usual rags-to-riches story. He will be remembered as the one who rewrote Indian corporate history and built a truly global corporate group. He is also credited with having single-handedly breathed life into the Indian stock markets and bringing in thousands of investors to the bourses.

05) Michael Dell -

Michael Saul Dell (1965-) joined the University of Texas at Austin with the intention of becoming a physician. While studying there, he started a computer company in his dormitory, calling it PC's Limited. By the time he turned 19, it had notched up enough success to prompt Dell to dropout.

In 1987, PC's Limited changed its name to Dell Computer Corporation. By 2003, Dell, Inc. was the world's most profitable PC manufacturer.

Dell has won more than his fair share of accolades, including Man of the Year from PC Magazine and EM>CEO of the Year from Financial World. Forbes, in 2005, lists him as the 18th richest in the world with a net worth of around $16 billion. Not bad for just another dropout.

06) Subhash Chandra Goel -

Here's something not many people know about Subhash Chandra Goel: The Zee chairman dropped out after standard 12.

Subhash Chandra started his own vegetable oils unit at 19. It was, in a manner of speaking, his first job. Years later, a casual visit to a friend at Doordarshan gave him the idea of starting his own broadcasting company. We all know how that story ran.

Chandra knew nothing about programming, distribution or film rights. What he did understand quite well was the Indian sensibility though. Funded by UK businessmen, Zee came into being as India's first satellite TV network.

Today, it reaches 32 million homes, connecting with 200 million people in South Asia alone. The network also covers Asians in America, the Middle East, Europe, Australia and Africa, making this dropout a very rich one.

07) Ralph Lauren -

Before he was a famous fashion designer, Ralph Lauren grew up in the Bronx and worked after school to earn money to buy stylish suits (he was trendy, even at a young age!) Actually, his story goes back earlier than that: Ralph was actually born as a son to a Jewish house painter. His birth name was Ralph Lifschitz. At 16, Ralph and his brothers changed their last names to Lauren - although some say that he was denying his Jewish heritage, Ralph considered it necessary for success. Ralph Lauren went to the City College of New York studying business, but dropped out after two years. After a stint in the Army, he worked for Brooks Brothers as a salesman and created the label Polo, then a necktie business. Ralph never attended fashion school, which didn’t hurt him any. He’s now worth $3.6 billion and that’s a lot of neckties.

These are just the 7 Drop Outs. Click Here to Read about Following More Billionaire Drop Outs.

08) Sheldon Adelson – Casino & Real Estate
09) Li-Ka-Shing
10) Roman Abramovich
11) Paul Allen
12) Amancio Ortega
13) Carl Icahn
14) Kirk Kerkorian
15) Donald Newhouse
16) Francois Pinault
17) Stanely Ho
18) Jack Taylor
19) YC Wang
20) David Geffen
21) David Murdock
22) Henry Fok
23) Richard Branson

The amazing part is that, all of these 23 are not just Rich Drop outs. They are Billionaire Drop Outs. So it seems that the education system has nothing to do with your real life Financial Success.

Billionaire Real Estate Tycoons: Billionaires that have made their fortunes through Real Estate -

01) Paul Milstein & family
       Net Worth: $4.5 billion -

Father, Morris, founded Circle Floor Co. 1919, laid hardwood floors and carpeting for Rockefeller Center, Madison Square Garden. With brother Seymour (d. 2001), took over business. Sold 1960s; built New York real estate empire with profits. Today Milstein Properties owns apartment towers from Battery Park City to the Upper East Side, offices in Midtown, numerous undeveloped lots across Manhattan. Acquired New York's oldest savings bank, Emigrant, for $90 million 1986; assets now $14 billion. Launched Internet banking arm 2 years ago; today holds $9 billion in deposits. Son Howard oversees real estate and banking operations. Recently purchased a $145 million stake in Jack Nicklaus' golf course and equipment design company.

02) Stephen Ross
      Net Worth: $4.5 billion -

Nephew of late Forbes 400 member Max Fisher (d. 2005) founded real estate outfit Related Companies 1972. Initially focused on building, financing low-income housing; moved into riskier luxury buildings in New York. Nearly went bankrupt early 1990s, recovered; today company has developed more than $16 billion worth of property across the U.S., including Manhattan's massive Time Warner (nyse: TWX - news - people ) Center. Met Jorge Perez (see); duo made billions developing Florida condos. Partnership continues via Perez's condo and hotel projects in Latin America. Recently purchased Virgin Megastores North America from British billionaire Richard Branson. Bidding for rights to run Aqueduct, Belmont, Saratoga racetracks. Became chairman of powerful Real Estate Board of New York in January.

03) Matthew Bucksbaum & family
      Net Worth: $3.3 billion -

Grocer's son developed first shopping center in Cedar Rapids, Iowa 1954 with his 2 brothers. Took General Management public in 1970; real estate investment trust liquidated 15 years later for 100% profit. Relocated to Chicago after brother Martin died 1995, renamed company General Growth Properties. Remains chairman; son, John, took reins 1999. Today nation's second-largest REIT owns 200 million square feet across 194 malls and planned communities in 44 states; shares up 17% in past 12 months. Company recently gave health insurance, higher wages to shopping center janitors.

04) Richard LeFrak 
     Net Worth: $3.0 billion -

Grandfather Harry started developing New York City real estate 1901. Father, Sam, became paragon of mass-market home building: "I produced an apartment every 16 minutes." Richard studied at Amherst College, joined family business early 1970s; became chairman after dad died in 2003. Now runs company with 2 sons, Harrison and Jamie. Portfolio includes 5,000 apartments at LeFrak City in Queens, N.Y., 7-million-square-foot-commercial, residential, retail complex in Newport, N.J. Expanding Newport project; $10 billion "mini-city" will soon include a new office tower, 429-room Westin hotel and 4,500 more apartments and condos. On board of the American Museum of Natural History.

05) John Sobrato & family
      Net Worth: $3.0 billion -

Sold houses as a student at Santa Clara U. Expanded into commercial real estate 1960s. Built portfolio erecting campuses for tech titans Apple (nasdaq: AAPL - news - people ) and Yahoo (nasdaq: YHOO - news - people ). Today Sobrato Development owns and manages 100 buildings in Silicon Valley, 8.5 million square feet of commercial space, 8,500 residential units; another 400 acres ready for development. Increased demand for prime office space, rising rents pushing up profits as tech companies expand. Tax-efficient philanthropy: donates buildings, office parks to foundations to sell or use.

06) Donald Trump
     Net Worth: $3.0 billion -

Son of Brooklyn developer borrowed heavily, built big, lived large, became a billionaire during 1980s. Eviscerated in 1990 real estate crash; stayed flamboyant, embraced reality TV. Now other builders pay him millions to license "Trump" brand. Despite looming housing woes, the Donald's retail, office and hotel business is up. Recently signed Gucci in record lease in New York's Trump Tower; Trump Chicago hotel opens December. Annually disputes FORBES' net worth estimate: "I'm worth $7 billion."

07) Theodore Lerner
      Net Worth: $2.5 billion -

Borrowed $300 from wife, founded real estate developer Lerner Enterprises in 1952. Made fortune building massive shopping malls in the suburbs of Washington, D.C.: Tysons Corner Center, Tysons II, Wheaton Plaza, Landover Mall, Dulles Town Center, White Flint. Today owns millions of square feet of commercial and retail property, thousands of apartments. Focused on new developments near area's Dulles airport and Tysons II. Going green: buying wind power tax credits for new projects. Owns pro baseball's Washington Nationals; runs franchise with son and 2 sons-in-law, spending millions to develop team's farm system.

08) Mortimer Zuckerman
      Net Worth: $2.4 billion -

Son of Montreal tobacco and candy wholesaler studied at Harvard, then Wharton M.B.A. Cofounded Boston Properties (nyse: BXP - news - people ) with Edward Linde 1970, took public 1997. Shares up 400% since offering. Today portfolio includes 135 commercial buildings: offices, hotels, retail. Sold 5 Times Square office tower for $1.3 billion last November. Also invested in media: owns U.S. News & World Report, New York's Daily News. "I've been a news junkie since I was 13 years old." Unrest: university presidents demanding changes to U.S. News' famed college rankings. Memorial Sloan-Kettering Cancer Center in Manhattan opened a new research center funded with $100 million endowment from Zuckerman in February. Frequent panelist on Sunday morning chatfest The McLaughlin Group.

If you want to do the Analysis of Billionaire Autographs than here is a great post by me.

Billionaire Signatures

In this post, I have shown the autographs of Bill Gates, Warren Buffet, Donald Trump, Henry Ford & Larry Page (Google). You will love to see the autographs of these billionaires from different Industries. If you are some kind of expert in Autograph analysis than please make a Comment on these autographs.

So that the readers of this Blog can understand these autographs more.

I personally love the Scientific analysis of Autographs. And the analysis of the autographs of the Billionaires can help us to understand their mentality more.

Domain Names are the real estates of the Internet. Owning a Domain Name is exactly same like owning a piece of Real Estate. But the only thing is that, it is Virtual so you can not touch or feel it. Another thing is that, Domain Name is Virtual so you can not see it.

During the last decade several Generic Domain Names have been sold for literally millions of dollars by private Individuals to the large corporates. The most famous example is of Loan.com which was sold in year 2001 for US $ 3 Million….!!!!!

Right Now the Internet is Full of Domain Appraisal Services. So What it means by Domain Appraisal? Well, Domain Appraisal Services means the service of doing a Valuation of your Domain Name. You will have to pay $ 10-100 per Domain Name to these services and they will do the proper Domain Appraisal for you.

The Most Famous and reputed Domain Appraisal Services on the Internet are,

01) Sedo.com

02) Moniker.com

Both of the above are very reputed Domain Appraisal services on the web. they do Domain Valuation on literally several criterias such as Natural Traffic, Phone Test, Organic traffic, Revenue, Words, Brandability, Market, Potential Buyers and several other criterias…..

However, the problem with these services is that, there is no Industry Standard. So the Valuation of any Domain Name by of the above 2 service provider may sometimes have literally thousands of bugs of difference.

How Domain Appraisal Scams Work? -

Well, suppose you have bought a new Domain Name and within a few days of buying a Domain Name, you will receive a great unbelievable offer from a buyer that you can not resist and accept it. But that buyer will ask you for a Domain Appraisal recommended by him.

And this is a trap. Once you pay $50-100 to the buyer’s recommended Domain Appraisal Service, the buyer will disappear suddenly. So Why this will happen? Because you are the Victim of that Fraudulent Domain Appraisal Service. Once you pay your fee for your Domain Appraisal, that Domain Appraisal service will do a Valuation of Domain for you and than search for another Victim like you.

So beware of Domain Appraisal Scams.

So the key is that, Always do Domain Appraisal from reputed Domain Appraisal Services on the Web such as Sedo & Moniker.com

Which are the Best Stocks to own during Inflation? Well, The answer is Large Cap Stocks & the Stocks of Fundamentally Strong Companies.

Large Cap Stocks are very much stable during any kind of market conditions. So even though there is high inflation, stocks will outperform the any other Asset Class. Another stocks which are very much stable during the time of Inflation are the stocks of fundamentally strong companies. Which feel very less heat of high inflation.

During the time of high inflation, it is advisable to hold the funds with large cap stocks allocation. Because the large cap stocks provide the stability to your portfolio even during the time of recession. And that’s why it is advisable to increase the large cap stocks allocation during the time of inflation.

This is why Investors are advisable to increase the large caps in your portfolio.

Many people ask me that, Which is the Best way to be a Billionaire? Most of the people have false belief that, you require a unique Business idea to become a Billionaire. But it is not So.

Read Here, How Simple ideas became Billion Dollar Businesses.

So it doesn’t require an extra ordinary idea to become a Billionaire. All it requires is a Simple idea but extra ordinary wide Vision of Entrepreneur to become a Billionaire. If we talk about Technical aspect of becoming a Billionaire than if you want to be a Billionaire than you have to develop a Successful Business and take it to public.

Once your Business will be listed on the stock exchange, the Valuation of your Business can go to sky if the fundamentals of your Company are Strong. So there is only one way to become a Billionaire and that is develop a successful business around any idea that you like the most and take that business to public.

Taking your Business public is a MUST step if you want to be a FORBES Billionaire. And for taking your Business public, you require an Investment Banker who will do all the work of taking your Business public.

For taking any Business Public, you MUST fulfill the minimum criterias of Listing any Company to the Stock Exchanges. Once you fulfill those criterias, you will be eligible to take your business public. Every Country has different Listing Criterias.

So the Best Way to be a Billionaire is to develop a successful Business around any Simple idea and take it to Public…!!!

Billionaire Ideas: How to Become a Billionaire

Here are the few Billionaire Ideas.

1. Ferrero Chocolate by Michele Ferrero & Family, $10 Billion - Turned this delicious food into a multi millionaire business.

2. Hughes’ Public Storage by Brad Hughes, $5.3 Billion - “Put a bunch of lockers off a highway somewhere. Sell to the masses.”

3. Polo by Ralph Lauren , $5 Billion - Just by adding a small icon to a polo shirt, this man achieved “The American Dream”

4. Amazon.com by Jeff Bezos, $4.4 Billion - An example that selling books trough the Internet was an excellent business.

5. Beanie Babies by Ty Warner, $4.5 Billion - He created tiny bean bags with the shape of animals and sold them as collectibles.

6. Red Bull by Chaleo Yoovidhya & Dietrich Mateschitz, $3.1 and $3 Billion - These men combined a caffeinated beverage with a carbonated solution with B vitamin and Voila! Energy for all.

7. Geox by Mario Moretti Polegato, $3 Billion - He made tiny holes in the sole of a shoe to release sweat.

8. Dyson Vacuums by James Dyson, $1.6 Billion - Invented a device to suck dirt off the floor

9. Gummi Bears by Hans & Paul Riegel, $1.5 Billion - Sweet bear-shaped candies, who would imagine?

10. Starbucks by Howard Schultz , $1.1 Billion - His idea was to put a coffee shop in every corner of the U.S

So after reading all of the above ideas, you will think that you will also need such type of ideas to become a billionaire right? You have noticed that all of the above ideas are very simple right? Than How come these Businesses turned into Billion Dollar Businesses?

Well, The reason why all of the above Businesses became billion dollars are,

01) Many of the above Businesses are publically listed and their shares are trading on the various stock exchanges all around the world. So it seems that if you want to be a Billionaire than you have to develop a business around any idea and after that you have to take that Business to public.

02) Think Big – if you want to be a billionaire than you have to think big from very first day.

How to Track Mutual Fund SIP?: Valueresearchonline.com - Best Portfolio Tracker for Mutual Fund SIPs in India

Let us today discuss about the Best Portfolio Tracker for Mutual Funds SIP in India. Well, Valueresearchonline.com is the Best Mutual Fund SIP Portfolio Tracker in India. And this Quick Guide will teach you step by step about How to Track your Mutual Funds SIP.

Quick Guide: How to Track Mutual Fund SIP?

Step:1 Go to Valueresearchonline.com

Step:2 Go to “My Portfolio” Option on the top upper bar. You will be redirected to the Login Page. (See Arrow)

Step:3 Create your FREE MF Tracking Account.

Step:4 Login into your Account.

See the above diagram. Fill your Login details and password and click Login.

Step:5: You will be redirected to the My Portfolio Page. -

Step:6 Click on Create Portfolio Button or “Add Fund” Button & Fill your Mutual Fund SIP Details. Fill the date and time and that’s it. You are Done. Now Valueresearchonline will automatically track your SIP value with real time NAV prices.

That’s it. Tracking your Mutual Fund SIP is this much easy with a MF SIP Portfolio Tracker offered by Valueresearch.

SBI is a short form of India’s Largest Nationalized Bank State Bank of India. And SBI Mutual fund has over 5.5 Million Investors when I am writing this article and growing. There are around more than 40 Schemes offered by SBI Mutual Fund in several categories.

The following are Best SBI Mutual Fund Schemes from Equity Category -

01) SBI Magnum Sector Umbrella Contra Fund

02) SBI Magnum Multiplier Plus 93

03) SBI Magnum Equity Fund

04) SBI Magnum COMMA Fund

05) SBI Magnum Tax Gain Scheme 93

06) SBI Magnum Index Fund

07) SBI Magnum Bluechip Fund

08) SBI Magnum Global Fund (Midcap Fund)

09) SBI Magnum Multicap Fund

10) SBI Magnum Sector Umbrella – Emerging Businesses

11) SBI Magnum Midcap Fund

12) SBI Magnum Arbitrage Opportunities Fund

13) SBI One India Fund

14) SBI Infrastructure Fund

All of the above mutual fund schemes have the excellent past record of good performance. All of the above schemes have given excellent returns to their investors. So invest in the above SBI MF Schemes and maximize your returns.

There are several Saving Schemes in India. Most of them are offered by Government of India and some are offered by Nationalized Banks of India. Today we will discuss about Best Saving Schemes in India.

01) PPF (Public Provident Fund) -

PPF is probably the Best Saving Scheme in India. It also gives you the Best Tax benefits. It is the best saving scheme for small Investors.

Invest in PPF A/c up to 1,00,000/- P.A. and get 100% exemption U/s 80C and also the Interest earned on it will be exempted. Rate of Intt. is 8 to 8.5%. Idly the PPF a/c not attached with any of your Liability by any other Deptt. The Locking period of Investment is 5 Year but you can withdraw whole amount after 15 year of A/c whether the amount deposit in 14th year, it means the locking period applicable up to 10 year.

02) Recurring Fixed Deposits -

the best tax saving scheme with 100% tax benefit and 100% safety is to invest in Tax saving FD for 5 years in any Nationalized Bank which gives more interest. (Around 8.5% now).
State Bank of India is giving 8.5%.

03) National Saving Certificates (NSC) -

National Savings Certificates (NSC) are certificates issued by Department of post, Government of India and are available at all post office counters in the country. It is a long term safe savings option for the investor. The scheme combines growth in money with reductions in tax liability as per the provisions of the Income Tax Act, 1961. The duration of a NSC scheme is 6 years.

04) National Savings Schemes (NSC) -

National Savings Scheme (NSS) offers an assured return and tax rebates under Section 88 of the Income Tax Act, 1961. The rate of interest is 9 per cent per annum, compounded annually.

NSS has a duration of four years as compared to NSC, which has a duration of six years. You can extend the duration of your NSS units thereafter if you so desire.

NSS does not offer the benefits of liquidity. There is no premature withdrawal facility except in case of the death of the holder. However, the interest accrued on NSS can be withdrawn at any point. The deposit (principal) can be withdrawn only on maturity of the instrument at the end of four years and the account can be closed at the discretion of the investor.

05) Post Office Time Deposit Scheme -

A Post-Office Time Deposit Account (RDA) is a banking service similar to a Bank Fixed Deposit offered by Department of post, Government of India at all post office counters in the country. The scheme is meant for those investors who want to deposit a lump sum of money for a fixed period; say for a minimum period of one year to two years, three years and a maximum period of five years. Investor gets a lump sum (principal + interest) at the maturity of the deposit. Time Deposits scheme return a lower, but safer, growth in investment.

06) Post Office Recurring Deposit Account (RDA) -

A Post-Office Recurring Deposit Account (RDA) is a Banking service offered by Department of post, Government of India at all post office counters in the country. The scheme is meant for investors who want to deposit a fixed amount every month, in order to get a lump sum after five years. The scheme, a systematic way for long term savings, is one of the best investment option for the low income groups.

07) Post Office Monthly Income Scheme -

The post-office monthly income scheme (MIS) provides for monthly payment of interest income to investors. It is meant for investors who want to invest a sum amount initially and earn interest on a monthly basis for their livelihood. The MIS is not suitable for an increase in your investment. It is meant to provide a source of regular income on a long term basis. The scheme is, therefore, more beneficial for retired persons.

08) Post Office Senior Citizen Scheme -

A new savings scheme called ‘Senior Citizens Savings Scheme’ has been notified with effect from August 2, 2004. The Scheme is for the benefit of senior citizens and maturity period of the deposit will be five years, extendable by another three years. Initially the scheme will be available through designated post offices through out the country.

09) Kisan Vikas Patra (KVP) -

Kisan Vikas Patra (KVP) doubles your money in 7 years and 3 months with the advantage of premature withdrawal. KVP is sold through all Head Post Offices and other authorised post offices throughout India. The rate of return is 9.75 per cent, compounded annually.

KVP accumulates money at a fixed rate, and your money doubles in 7 years and 3 months. But KVP is not meant for regular income. It is for those looking for a safe avenue of investment without the pressing need for a regular source of income.

I have invested in following Domain Names. But I don’t know the exact Valuation of these Domains. Domains are Real Estates of Internet. But unfortunately we don’t have any perfect Valuation method for the Valuation of Domains.

Hope we will develop the proper Domain Valuation Method one Day…!!!

Domain Names are the New Asset Classes. Owning a Domain Name is exactly same like owning a piece of Real Estate. The only difference here is that, we don’t know that how much the actual worth of Domain Names.

Anyway, Here is my “Domains Portfolio” -

01) Eflippa.com – Eflippa is a ‘Typo’ of the world famous website Flipping Forum – Flippa.com. Flippa is very recently (June 2009) launched by Internet’s Best Forum SitePoint.com. I have bought this Domain Name within a week (July 2009) of Flippa launched. Because I thought that Eflippa has a great Potential to appreciate in the long run.

NB: I Personally receive many offers to buy this Domain Name every week.

02) iFlippa.com – iFlippa is also a ‘Typo’ of Flippa.com and the reason is same as above.

03) BusinessFlippa.com – This Domain Name also has a great potential to appreciate in its value in future Because many corporates and large companies want to start their own Business Flipping websites.

04) WebsiteFlippa.com – This can be a great Domain Name for those who want to develop a Website Flipping forum, Blog or website.

05) DomainFlippa.com – DomainFlippa can be a great name for those who want to develop a website, blog or forum about Flipping Domains.

06) eBusinessFlipper.com – eBusinessFlipper is a great Domain name for those who want to develop a professional website, forum Blog about Internet Business & Web Properties Flipping such as Domain Names, Blogs, Forums, Established websites….etc…

07) Investta.com - ‘Investta’ is a Typo of the Most famous words “Investment” & “Invest”. The word “Investment” receives 11 Million search queries on Google every month while the word “Invest” receives around 2,00,000 Search queries per month on Google. So the Domain Name ‘Investta’  has a Great Potential to appreciate in the future. Because it will receive a natural web traffic from Google and other search engines without doing any hard work. You can register the word “Investta” as a Brand Name / Trade Mark like Google and start your Web Business. The word “Investta” has a great Potential to spread as a Brand Name like Google & Yahoo because it is a single word name only. And this Domain Name is valuable for Large Corporates, Banks, Mutual Funds, Pension Funds, Wealth Management Firms, Portfolio Management Firms, Financial Institutions & any other entity related to Money, Finance & Investments. There is an extremely Huge market for this Domain Name that you can’t even imagine.

NB: I Personally receive several offers daily to buy this Domain Name.

We have proper Valuation methods for Real Estate because in the same geographical area, there are lots of Real Estates and we do have Data of all the past transactions. But unfortunately, we don’t have enough data about all the transactions about Domains – The Real Estate of Internet.

Moreover, Domain Names change hands very privately. In fact, several individuals sell the Domain Names to large corporates may be for millions of Dollars but we don’t have all the transaction details available publically. The Famous Domain name Loan.com had been sold for whooping US $ 3 Millions may be in year 2001.

Anyway…. If you are a Domain Investor and want to make a Bid on the above Domain Names than simply put a Bid (Your offer price) by commenting on your post. I don’t Guarantee that, I will accept your offer but I will definitely take your offer seriously.

If you don’t want to make offer publically than you can e-mail me on asav4u@gmail.com

And if you are not a Domain Investor than still you can comment on this post and Guess the fair Valuation of anyone, more or all of the above Domain Names.