let us today discuss about the emerging stock markets versus USA’s Stock market. According to the top most investors around the world, The S&P will outperform than the emerging markets (India & China) in the year 2010.

And that’s why they are taking positions back in the US Stock market. The reason for thinking like this is obvious and 100% logical. See the below diagram.

The above is the diagram of US Monetary Base. According to the diagram since August 2008, US Government has doubled it’s monetary base to almost $ 2 Trillion from just $ 800 Billion. And the Federal reserve has printed this much amount of money out of thin air only.

And that’s why now, the US Dollar is a terribly flowing currency in the world. US government has never printed this much amount of money in past more than 100 Years that it has printed in last just 2 years.

This newly printed dollars are diluting the purchasing power of the existing dollars in the circulation.

And because of this money printing activity of the US Government, it is likely that the S&P will outperform any other emerging market stock exchange by several folds.

USA has a control over the Monetary system. It can print as much money as it want and no other country or government around the world can raise the question. Global Investors are buying stocks of S&P right now because they feel that, US Stock market will out perform than the emerging markets in the year 2010.

What Do you think? Is it Right to print Money like this? Will printing money solve the Financial crisis in the world?…!!!!

Billionaires according to Alma Mater

What is Alma Mater?

Alma Mater is a School you Graduated From.

Here is a study that someone has done on the Billionaires. The Billionaires are shortlisted according to their respective colleges. Of course, many Billionaires are drop out billionaires but still they are counted in the respective universities.

The study is broken down into 4 groups.

1) By the number who pursued their undergraduate studies at the institution.
2) By the number who pursued their graduate studies at the institution
3) By the total number
4) By the total net worth of the individuals who attended the institution

So Here is a List. I hope that, You will like it.

UNDERGRADUATE:

1. Harvard University 20
1. University of Pennsylvania 20
3. Yale University 19
4. Princeton University 13
5. Stanford University 12
6. University of Texas-Austin 11
7. New York University 10
7. University of Southern California 11
9. Cornell University 9
9. University of California-Berkeley 9
9. University of California-Los Angeles 9
9. University of Michigan-Ann Arbor 9
13. Columbia University 8
13. Dartmouth College 8
13. Duke University 8
13. Massachusetts Institute of Technology 8
17. Michigan State University 5
17. Northwestern University 5
19. Baylor University 4
19. Claremont McKenna College 4
19. University of Illinois-Urbana Champaign 4
19. University of Virginia 4
23. Amherst College 3
23. Babson College 3
23. Boston College 3
23. Georgetown University 3
23. Lehigh University 3
23. Louisiana State University 3
23. Syracuse University 3
23. Tufts University 3
23. University of Chicago 3
23. University of Oklahoma 3
23. University of Toronto 3
23. University of Utah 3
23. Williams College 3

GRADUATE:

1. Harvard University 47
2. Stanford University 27
3. Columbia University 12
4. University of Chicago 10
5. University of Pennsylvania 9
6. Massachusetts Institute of Technology 6
6. New York University 6
6. Northwestern University 6
6. University of Michigan-Ann Arbor 6
10. University of Virginia 4
11. University of California-Berkeley 3
12. Cornell University 2
12. Johns Hopkins University 2
12. University of California-Los Angeles 2
12. University of Southern California 2

TOTAL:

1. Harvard University 67
2. Stanford University 39
3. University of Pennsylvania 29
4. Columbia University 20
5. Yale University 19
6. New York University 16
7. University of Michigan-Ann Arbor 15
8. Massachusetts Institute of Technology 14
8. Princeton University 14
10. University of Chicago 13
11. University of California-Berkeley 12
11. University of Southern California 12
13. Cornell University 11
13. Northwestern University 11
13. University of California-Los Angeles
13. University of Texas-Austin
17. Duke University 9
18. Dartmouth College 8
18. University of Virginia 8
20. Michigan State University 6
21. Baylor University 4
21. Claremont McKenna College 4
21. Johns Hopkins University 4
21. University of Illinois-Urbana Champaign 4
21. University of Utah 4
26. Amherst College 3
26. Babson College 3
26. Boston College 3
26. Fordham University 3
26. Georgetown University 3
26. Lehigh University 3
26. Louisiana State University 3
26. Syracuse University 3
26. Tufts University 3
26. University of Oklahoma 3
26. University of Toronto 3
26. Williams College 3

TOTAL NET WORTH OF ABOVE ALUMS BY INSTITUTION:

1. Harvard University $277,500,000,000
2. Stanford University $197,000,000,000
3. Columbia University $124,500,000,000
4. University of Pennsylvania $112,000,000,000
5. Yale University $79,000,000,000
6. Massachusetts Institute of Technology $70,500,000,000
7. University of Michigan-Ann Arbor $57,000,000,000
8. University of Texas-Austin $53,000,000,000
9. University of Chicago $52,500,000,000
10. Princeton University $46,000,000,000
11. University of California-Berkeley $37,000,000,000
12. New York University $36,500,000,000
13. Northwestern University $28,500,000,000
14. University of Southern California $25,500,000,000
15. University of California-Los Angeles $25,000,000,000
16. Cornell University $21,500,000,000
17. University of Virginia $19,500,000,000
18. Johns Hopkins University $18,500,000,000
19. Dartmouth College $18,000,000,000
20. Duke University $17,500,000,000
21. Tufts University $15,500,000,000
22. Claremont McKenna University $15,000,000,000
23. Michigan State University $14,500,000,000
24. Syracuse University $12,000,000,000
25. University of Toronto $10,500,000,000
26. Fordham University $10,000,000,000
27. University of Utah $9,500,000,000
28. University of Illinois-Urbana Champaign 8,500,000,000
29. Georgetown University $7,500,000,000
30. Amherst College $7,000,000,000
31. Baylor University $6,000,000,000
31. University of Oklahoma $6,000,000,000
32. Lehigh University $5,500,000,000
33. Boston College $5,000,000,000
33. Williams College $5,000,000,000
35. Louisiana State University $4,000,000,000

Billionaire Dropouts

Many people have drop out from their college and after that they became billionaires. Here is a shocking Statement from Forbes,

“For every Jerry Yang, who dropped out of a Ph.D. program at Stanford University and now has net worth of $5.7 billion, there is a Larry Ellison, who dropped out of the University of Illinois and is now worth $47 billion. In fact, the average net worth of billionaires who dropped out of college, $9.4 billion, is more than double that of billionaires with Ph.D.s, $3.2 billion. Even if you factor out the world's richest man, Bill Gates, who left Harvard University and is now worth $60 billion, college dropouts are worth $5.3 billion on average, as compared to those who finished only bachelor's degrees, who are worth $2.9 billion. And what is true for billionaires holds equally for the garden-variety rich: According to a recent report from Cambridge, Mass.-based Forrester Research, a full 20% of America's millionaires never even set foot in college.”

Isn’t it Shocking? What does this mean? This means that, the education system is not at all effective to ensure any kind of financial success. In fact, Education system only produces Employees & Self-employees who work like slaves in the economy and work for the rich.

See the above Diagram. According to the above Diagram, 10% Billionaires are College Dropouts, 1% are High School Dropouts and 39% have taken very light college degrees like B.A or B.S. while only 28% Billionaires are M.S.

This shows that, the more education burden you take, you reduce your chances of becoming a Billionaire.

We have been taught in the School that, if we want to be rich and financially free than we need to work hard in the school, get good grades and find out a safe secure job. But by seeing the above analysis, it seems that, School was telling us lie.

This is because it doesn’t require any sophisticated degrees or even college level of education to become a Billionaire…!!!

According to Forbes,

“Alan Gerry is another billionaire high school dropout. Gerry, 71, also filled his bank account by exploiting a new technology. In 1956, ten years after he dropped out of high school, Gerry built the first cable television network in upstate New York. He made his fortune in this new market, and then sold his company, Cablevision, to Time Warner for $2.6 billion four years ago. Now Gerry is chairman of a venture capital firm called Granite Associates. Granite funds entrepreneurs trying to make their money in burgeoning technology industries, just as Gerry made his fortune by getting into cable when it was still in its infancy.
"When you have a brilliant idea, nobody is going to ask to see your diploma," Gerry says. "You don't need a four-year college degree if you have burning ambition or a great plan."

Gerry is right. If you have a plan than you should not go for college. If you have a brilliant idea than no need to waste your valuable time for going to college. This is because your financial success doesn’t depend on educational degrees.

Anil Ambani Car Accident

The incidence is of June 2009.

Anil Ambani's yellow Lamborghini, with driver Kalidas Magyavanshi (52) at the wheel, allegedly hit pedestrian Rajendra Kandodia (35) in June 2009 at Cuffe Parade, en route to the Ambanis' residence.

Inspector Vilas Bhole of the Cuffe Parade police station confirmed that the car belonged to Ambani and that Magyavanshi has been arrested for rash driving and causing injury.

Mukesh Ambani Car Collection

Mukesh Ambani Car Fleet, Ambani Cars, List of Mukesh Ambani Cars, Mukesh Ambani Cars List

Mukesh Ambani’s Maybach worth Rs.5.25 Crore

The Interior of Mukesh Ambani’s Maybach Car

The above is a Mukesh Ambani’s Maybach Car which is worth of Rs.5.25 Crore.

What is Maybach?

A Maybach is a high-end, ultra-luxury sedan. It can hold up to four passengers in regal splendor. Prices range from $300,000 to $400,000.
Maybach comes in two models — the Maybach 57 and the Maybach 62. The 57 is 5.7 meters long, and the 62 is 6.2 meters long, hence the model names. The two models are very nearly identical except for the length. The extra length of the 62 is used to increase the rear seat leg room.
The Maybach 62 also offers several options unavailable in the 57. For example, the 62 has fully reclining rear seats because it has extra leg room available in the rear to accommodate them.

Mukesh Ambani Car Collection – Maybach – Side view

Mukesh Ambani Car – Maybach – Front View

Mukesh Ambani Car Fleet -

Following is a Mukesh Ambani Car fleet. Mukesh Ambani – The Chairman of Reliance Industries owns several cars. However, following is a Best List of Mukesh Ambani Cars.

01) Mercedes Maybach 62 -

02) Black Hyundai Sonata -

03) Off-White Mercedes S Class -

04) Mercedes SL500 -

Thus, above is a great Mukesh Ambani Car Collection.

Best Sectoral (Thematic) Mutual Funds India

Equity Diversified mutual funds are the always good bet. This is because if it’s not possible than it is next to impossible to go anything wrong with the Sectoral mutual funds. While Sector funds are on 2 extremes. Either they are on the top most performing funds of the year or they are at the bottom.

However, sometimes you can add sector funds in your portfolio to add some aggression in your over all portfolio.

Here are the Best Sector Mutual Funds of India -

01) Infrastructure -

- UTI Infrastructure
- ICICI Prudential Infrastructure

02) Consumption -

- Franklin FMCG Fund
- ICICI Pru FMCG
- Birla Sunlife Buy India Fund

03) Export Oriented Theme -

- DSPBR Technology.com Fund
- Franklin Pharma Fund
- Franklin Infotech Fund
- Birla Sunlife India Opportunities Fund

04) Commodities & Natural Resources Fund -

- Magnum COMMA
- DSPBR World Energy Fund
- Reliance Natural Resources Fund

05) Global Investing -

- ING Latin America Equity
- Templeton India Equity Income Fund

Thus, all of the above are best Sector Mutual Funds. You can try any of these mutual funds. But remember in mind that, your core portfolio should be of Equity Diversified Mutual Funds only.

Basics of Expense Ratio

What is Expense Ratio & How it Works?

Expense Ratio is a charge paid by an investor to an Asset Management Company for managing her money. It’s an ongoing expense and charged as a percentage of net assets of the fund. In India, according to SEBI guidelines, mutual fund houses are allowed to charge maximum of 2.5% as expense ratio in case of Equity funds and 2.25% in case of debt funds.

On and average, most of the equity mutual funds charge you anywhere between 1.5-2% of expense. In case of Index funds, it is 1-1.5%.

What are the Constituents of Expense Ratio?

01) Management Fee – CEOs, fund managers and sales and distribution personnel.

02) Administrative Costs – Expenses such as custodian charges, legal and audit fees, marketing and selling expenses

03) Trail Fee – is the commission that a distributor gets from the fund house till the money is invested with the fund house. It is generally paid on a quarterly basis and is generally 0.5% of the asset value.

Why Expense Ratio is important for Investors?

Expense ratio affect the over all return from the mutual fund. It is not very important in emerging markets like India and china which gives 20-60% Annual Returns…!!!!

But it is extremely important in Developed markets such as USA & Europe which gives hardly 6-10% annual return. The Index funds have low Expense ratio and thus they give more returns than any other funds in the long run in developed markets.

In fact, Vanguard Index Mutual Funds in USA are based on low Expense Ratio logic only.

Why my Mutual Fund is Still Charging me 2.25% Entry Load?

I have been investing in SBI Magnum tax gain mutual fund through SIP since January 2008. Recently I have read in the news papers that, SEBI has banned the 2.5% entry load in any mutual funds. And even after this ban, the fund house is charging 2.25% entry load from me every month.

Is this Permissible? What Should I Do Now?

Well, see. No Entry loads is applicable on SIP investments registered after August 2009. Since you started your SIP in January 2008, your investment would be subject to entry load.

So What You can do is, You can simply stop further investments in this fund via SIP and start a new SIP in some other tax saving mutual fund.

Fidelity Tax Advantage, Sundaram Tax Saver & Franklin India Tax Shield are some good tax saving mutual funds.

According to me, this is the simple and best solution of your query.

After reading couple of your articles, I have developed a great interest to buy the domain names (Which I have never done till date due to ignorance). So I went to the website GoDaddy.com and started searching for few of the names that I had in my mind. I got few of them which was still available for sale.

But before I proceeded with the transaction, I had couple of doubts which creeped in my mind. Here are few of the questions for which I require the clarifications:

a) Can we perform the transactions using the Indian Credit Cards?

b) How can we confirm that GoDaddy.com has given the Domain name only to us? (Do we get any documents in our name)

c) I do not have any private company registered in my name. Can I still go ahead & buy a Domain Name?

d) Once we buy the Domain name, How much does it cost to maintain / host the website?

Regards

Well, First of all, I would like to tell you that, I really like that you have started taking interest in the Virtual Real Estate of the Internet (Domain names). Believe me, The Domain Names are the next generation Asset class and Investment Opportunities. So be master in this virtual property buying & selling.

Anyways, Here is a solution of your queries.

- Yes, We can perform transactions using the Indian Credit Cards. I Personally use my Standard Chartered Credit Card and it works. You can use any Visa or Master card.

- Well, Once GoDaddy will issue you a Domain name, it will be reflected in your GoDaddy.com account. Another way to verify the ownership of the Domain Name is go to WHOIS Data base. On WHOIS database, you will find the ownership of any domain name.

Just type the name of Domain name that you have bought on WHOIS and they will give you all the details about who is the owner of that property. Here are few Domain Names that I have registered with my Company – PATEL EDUCATION PRIVATE LIMITED. You can verify it’s ownership on WHOIS.

- eFlippa.com
- iFlippa.com
- DomainFlippa.com
- BusinessFlippa.com
- eBusinessFlipper.com
- WebsiteFlippa.com
- Investta.com

All of the above properties are registered in the name of PATEL EDUCATION PRIVATE LIMITED. You can verify them on WHOIS. And the Domain names that you register in your name will show your name.

- You don’t necessarily need any privately registered company to buy Domain Names. Domain Names can be in your name also. It’s just like buying a Home. Your home can either be in your name or it can be in the name of your Company. The same thing is true about Domain name. On GoDaddy.com, they will ask you for the ownership name of the Domain Name. And there you can provide the ownership name of the property (Domain Name).

- Once you buy the Domain names, it will cost $ 10 per year to maintain the Domain name on GoDaddy.com and if you want to host a website than there are various web hosting plans available for hosting a website. HostGator.com is a good web hosting service. The Minimum plan starts from $ 5 per month.

However, if you want to buy Domain names only for Investment purpose than no need to buy a web hosting plan.

Anyways…So Go ahead with this new generation Property. Best of Luck…. The Future is Yours…!!!

Kolhapur Vintage & Classic Car Collection

Kolhapur Vintage & Classic Automobiles Collection

Just few days back (December 2009), i visited Kolhapur Vintage Automobile Exhibition. In this Exhibition there were several Vintage cars and vintage Automobiles. I have taken snaps of these Vintage automobiles.

The owners of these Vintage Cars & Automobiles are some of the richest people of Kolhapur. These people have invested in vintage vehicles since decades and today the net worth of these Vintage automobiles is literally millions.

Vintage Automobiles are the Asset class and people invest in it for Capital Gains. Owning a Vintage Car is just like owning any other asset class such as Stocks, Bonds, Gold, Businesses, Real Estate or Mutual Funds. Many people simply love to invest in Vintage Automobiles.

Car - Morris 8: Model 1937; Owner Mr.Aslam Makandar; City-Kolhapur; Made in Great Britain

  Morris 8: Model 1937; Owner Mr.Aslam Makandar; City-Kolhapur; Made in Great Britain

Car – Hillman; 1948; Made in GB; Owner – Mr.Aslam Makandar

  Car – Hillman; 1948; Made in GB; Owner – Mr.Aslam Makandar

Car – Beetle; Model Year – 1956; Mr.Vijay Budhale; Petrol Car; Made in Germany

  Car – Beetle; Model Year – 1956; Mr.Vijay Budhale; Petrol Car; Made in Germany

Car Make – Fiat (Italian); Model Year: 1964, Super Select; Number of Cylinder – Four; Horse Power – 11.5 HP; Weight – 915 Kg

Car Make – Fiat (Italian); Model Year: 1964, Super Select; Number of Cylinder – Four; Horse Power – 11.5 HP; Weight – 915 Kg

The Car used in India-China War

Glass Baggi – Model – LA IInd Signar; Year 1911

  Glass Baggi – Model – LA IInd Signar; Year 1911

Italian Lambretta; Owner – Mr.Kailas Patil, Sukhrawar Peth, Kolhapur

  Italian Lambretta; Owner – Mr.Kailas Patil, Sukhrawar Peth, Kolhapur

Italianl Lambretta (INNOCENT)l Model – 1964; MHL-9899

Triumph Bicycle - 1950

  Scooter – Lambretta; 1961; Kolhapur

Scooter – Lambretta; 1961; Kolhapur

Vintage Baagi -

Tata Leads Wealth Creation in 2009

This year Ratan Tata leaded Tata Group leads in Wealth Creation. Tata Group has 31 Businesses from salt to software.

As the market picked up the pieces from the global meltdown and inched back to its glorious milestones, the Tata group has leapt ahead of the bourses this year. Thirty-one companies from the salt-to software conglomerate saw their combined market capitalization soar by more than Rs 2 lakh crore, or by over 150%, in 2009 (up to December 24, 2009). The jewel in the Tata crown, Tata Consultancy Services, had a rocking year, with its M-cap trebling, by 213%.

The second largest wealth creator this year is Mukesh Ambani’s Reliance Industries. The combined market capitalisation of the group swelled more than Rs 1.5 lakh crore, with flagship RIL recording an 80% jump in M-cap.

Together, the wealth of India's top 25 industrial houses-ranked according to turnover and measured by M-cap-rose by 113% to Rs 15.22 lakh crore, from Rs 7.15 lakh crore at the end of last year. In the same period, the benchmark 30-scrip Sensex gained nearly 80% to reach 17,360.61 points, while the broader 50-scrip Nifty  moved up by 75%.

Among the larger business houses, Anil Dhirubhai Ambani Group saw its M-cap rising by just 15.6% this year.

Which Business Can be a Billion Dollar Business?

People ask me that, Which are the Billion Dollar Business Ideas? They ask me that, Which are the Business ideas that make its owners Billionaires?

Well, The answer is – Any Business can be a Billion Dollar Business.

Yes, Believe me. Any Business in this world can be a Billion Dollar Business. This is because to become a Billionaire or develop a Billion dollar business, you don’t necessarily have to find out some extra ordinary business idea. A Billion Dollar is a game of valuations.

To convert any business into a Billion Dollar Business, you have to make it Giant. You have to take that Business to the Public. You have to sell the partial ownership of the Business to the public and make it publically listed Business.

All the Billion Dollar Businesses are publicly listed businesses. Billion Dollar is a game of creating new wealth in the economy. So if you want to develop a Billion Dollar Business, focus on taking your Business to the public from the very first day.

Billionaires have focused on taking their Businesses to the public from very first day of starting a business and that’s why they are billionaires today.

Where Should I Invest 50000?

This is the commonest query that people ask me whenever I go or first time meet someone. People have money to Invest but they don’t know that where to invest? Well, if you have 50000 to invest than you should invest in following things step by step.

01) Invest in your own Financial Knowledge -

Investment in knowledge (Financial) is the best investment which gives you the best returns in the long run. So if you have 50000 to invest, buy some good Personal Finance, Business & Investing books, Audios & Videos. Whenever I have spare money to invest, I give Personal Finance Books the first investment choice.

Every time, I read new Personal Finance Book, I learn something new about managing money which gives me returns in the long run.

02) Invest in your own Business or in a Business on which you have at least some degree of management control -

This is my second best investment. Whenever I have spare money, I first of all Invest in my own Financial knowledge and later on invest in this Blog, My own Internet Business. The Business on which you have full or at least partial degree of management control can give you much more returns than the Business on which you don’t have any control.

03) Invest in those Assets which you understand the most -

Most of the people can’t make money from the Investments because they invest in those assets which they don’t understand. While successful Investors are those who invest only in those asset classes which they understand the most. Say for Example, a Property Auctioneer will primarily invest in the rental properties while the Internet Entrepreneur will primarily invest in Premium Domain Names. If you understand mutual funds more, Invest in mutual funds.

Thus, all of the above are the 3 basic rules of Investing. Invest according to these rules and you will always make money from your Investments…!!!

When is the Right Time to Sell Stocks?

Just tell me one quick fact that, Did you sell your stocks last time at right time? Probably not. Most of the people have this complain and that’s why they ask me that, Which is the right time to sell the stocks? Every stock has a buy price and a sell price.

Many people think of selling stocks within few days, week and months they buy which ultimately attracts the short term capital gains tax and nothing remains at the end of the transaction.

This Quick Guide will help you about when to sell your stocks and which are the parameters that you should look as an Investor while taking the decision of selling your stocks.

Here are the reasons to sell a stock.

- Are You Near Your Financial Goals?

- The Fundamentals of the Company in which you have invested are deteriorated?

- The Stock is over valued because of the Bull Rally?

If you answer ‘Yes’ to anyone or more of the above questions than The right time to sell the Stock is NOW…!!!! Let me explain you this by examples.

Suppose in the past, you have invested in the stocks for your child’s education. And today after 15 years, your child is in 11th standard. And within next 2 years, you will need that fund for your child’s higher education. Than this is the time to sell the stock.

If during the holding period of a stock, if you find that the fundamentals of the company are deteriorated than it’s time to sell the stock.

If analysts and experts have predicted that the stock will give you 20% return by the end of this year. But because of the foreign inflow, the stock has appreciated 50% in just 2 months than definitely, this is the time to sell the stock. Because this 50% valuation appreciation in just 2 months is not supported by any revenue growth or fundamental growth of the company. So it is advisable to book the profit.

Thus, the above are the 3 strong reasons to sell the stock. When it comes to taking Investment decision…Be Simple…Think in Simple way…Don’t think too much complicated when it comes to Investing…!!!

What Stock Do Billionaires Buy?

Have you ever think that Which Stocks do Billionaires Buy? Many of you may not know that in which kind of stocks billionaires invest their money?

Well, of you don’t know the truth than let me tell you the truth. Well, See. The Billionaires buy the Stocks of their own Businesses since years. This is because they simply love their own Business. All the Billionaires around the world are the holders of a large chunk of shares in their own publicly listed companies which is worth of Billions of Dollars.

In fact, Billionaires are Billionaires because they have promoted a Company and later on they have taken their respective companies to the public and by selling the stocks of their companies to literally millions of people they became billionaires.

In other words, Billionaires Don’t Buy Stocks but they Sell Stocks of their Companies and That’s why they are Billionaires….!!!

If you also want to become a billionaire than don’t buy the stocks but sell the stocks of your own Business. This is how Billionaires play the game of money.

Billion Dollar is not a game of buying Shares….But It’s the Game of Selling Shares…!!!

Philippines: The New Outsourcing Destination

According to the Economic Times News,

“For about a decade, it was India's call centre boom, that defined it as the 'world's back office', much like neighboring China, which has been immortalized as the 'world's factory.' However the situation seems to be changing, as Philippines is fast taking over India's back office supremacy, with BPO service providers and customers seeming to favor this country as a better place for 'voice-related' work….”

The world economy is changing. And because of the Internet & Technology literally hundreds of thousands of jobs are being outsourced in those part of the world where the Human labour is much much cheaper.

If you are the Internet Business Owner than I have 2 best sites from where you can hire full time people from Philippines to work for you at very low cost.

1. http://www.OnlineJobs.ph
2. http://www.BestJobs.ph

In fact, many Internet Entrepreneurs have put their Businesses on the Autopilot. And now they are travelling the world. By outsourcing their Business, these people have added 60 more hours into their week for enjoyment.

John Jonas of Replacemyself.com is an Outsourcing Guru. He has outsourced his full Internet Business to the Philippines and now he has added 60 more hours into his week for enjoyment. Because of the Internet, in the modern world, jobs are being outsourced from one part of the world to the another within a split of second only.

If you are the Entrepreneur or want to own your own Business than you should know that, in which part of the world you will find a cheap labour?

What is Valuation Bubble?

Recently the News headlines are filled with the news like,

“Many market observers are convinced that the ongoing surge in risk assets and risk appetite will ultimately end in a huge bubble in the emerging market asset class broadly, and the BRIC economies in particular. I also happen to subscribe to this view, and believe that India will see significant inflows into equity markets as the momentum builds. Drilling down further, as equity investor, one needs…….”

The Experts believe that, sooner or later the emerging markets (India & China) will experience the Valuation Bubbles. So What is Valuation Bubbles and How they Work?

Well, see. The Valuation Bubble means hyper inflated prices of the various Asset markets such as Gold, Stocks, Bonds, Real Estate & Commodities.

The Valuation Bubble will form because of the liberal monetary policies of the US Federal Government. In the year 2008-09, the US Government has printed literally $ 1.2 Trillion out of thin air and pushed into the economy. US has not printed this much amount of money in the past century. Today the US Dollar is the terribly flowing currency and the newly printed dollars are diluting the purchasing power of the existing dollars in the economy.

And the danger is that, if this newly printed dollar will flow towards the emerging markets like India and China than it will create valuation bubbles. Valuation Bubbles means the valuations of stocks or any other asset goes sky high without increasing any significant intrinsic value of that asset class.

Say for Example, the Stocks may start trading 100 times it’s PE in the future but this much of valuation is not supported by any strong Revenue Growth of the Company and so on. Valuation Bubbles are harmful to any economy. And we should prevent this newly printed money around the world entering into our economy…!!!!

What is the First thing Rich people Buy?

Have you ever think that, What is the first thing that Rich People Buy before buying anything else? Well, The Answer is – Assets.

Yes, It’s not the Car.

It’s not the Branded Clothes and Watches.

It’s not the Country House or Golf Club Membership.

It’s the Asset.

Asset is something which puts money into your pocket. The Examples of Assets are Stocks, Bonds, Gold, Real Estate, Mutual Fund, Businesses, Online Properties, Art, Antiques, Intellectual Properties and many others.

Rich people start buying Assets since very early life and they keep accumulating assets over the time. They don’t buy anything else except the Assets for first few decades of their life. And later on one day comes when their Asset size becomes so huge that, it starts throwing sufficient cash that can cover all the possible expenses of rich and from that day they start buying luxurious and status symbols.

While the middle class people buy all the status symbols and luxurious items first, goes into deep debt and one day when they wake up in the morning, they find themselves in a deep debt up to their eyeballs and from that day they can’t stop working.

The key to become rich and stay rich is that, you buy Assets first. You first accumulate assets in your life and wait until it grows. And once it grows sufficiently, it will cover all of your expenses. This is how the rich play the game of money.

What is the Difference Between ELSS & Other Funds?

ELSS means Equity Linked Savings Scheme. ELSS Mutual Funds are also known as Tax Saving mutual funds means it comes under Section 80c. It means that Up to 1 Lakh invested in ELSS is totally Tax-free. In fact, up to 1 lakh invested in any financial product that comes under Section 80c is a tax free.

The another difference is that, ELSS mutual funds have a lock-in period of 3 Years. While the regular Equity funds don’t have any lock-in period. Rather than going for PPF or 5 Year Recurring Deposits, if you go for ELSS Funds than the returns will be much more after 5 years than simply putting your money in PPF or RD.

This is because ELSS is the Equity Product. These are the only 2 differences between ELSS & other mutual fund. Otherwise there is not a dime of difference between ELSS & other mutual funds. ELSS funds also have a fund manager whose job is to maintain the portfolio of stocks like other mutual funds.

ELSS is the only tax saving product that is Equity Linked. And that’s why it offers much better returns than any other tax saving financial product in the long run. ELSS can be a good tax saving option for you.

What is the Difference between a Millionaire & a Billionaire?

I will clearly explain you in this article that what is the basic core difference between Millionaires & Billionaires?

The basic core difference between Millionaires & Billionaires is – Mindset

Yes, Both of them have a different mindset. And this mindset makes 2 basic difference in the long run. These are those 2 differences.

01) Millionaires BUILD WEALTH While Billionaires CREATE NEW WEALTH in the Economy

02) Millionaires DO INVESTMENTS While Billionaires CREATE INVESTMENTS in which millions of people want to Invest in.

The different mindset makes the above 2 basic differences. So How Billionaires Create New Wealth & Create Investments in the Economy? Well, They do it by developing a successful Business and later on taking that Business to the public.

Taking your Business to the public means creating new wealth in the economy. It means that you are creating new Investments in the economy in which millions of people want to invest in. Millionaires invest in someone else’s profitable Businesses while Billionaires are so much confident about themselves that they keep investing and re-investing in their own Businesses and make their Businesses Giant.

Google, Microsoft, Reliance, Tata, Amazon, eBay, McDonalds, Coca-Cola are the few Examples of Giant Billionaire Businesses. The founders of all of these Businesses are Billionaires because they have think and acted in the different manner in the past.

The founders of all of the above Businesses have not just think about building a portfolio of bluechip stocks. But they have think of taking their Businesses to the public. They have think of creating new Wealthy in the economy and that’s why they are Billionaires.

What is an Ideal Asset?

There are several assets available in the market. People ask me that, What is an Ideal Asset according to you? Well, according to me, an ideal asset is one which fulfills the following criterias.

- an Asset on which I have a Full or at least partial degree of Management Control &

- an Asset which provides me a Cashflow rather than only a Capital Gain as long as I hold it.

Any Asset which fulfills the both of the above 2 criterias are the ideal asset for me. Say for Example,

- A Fully or Partially Privately owned Business

- Rental Property

- Online Property/Business (Cashflow producing Blogs, Forums & Websites..)

- Intellectual Properties (Books, Music, Movies Copyrights & Royalty Income)

All of the above are the ideal assets according to me. According to me the following are not the idea assets for me.

- Gold

- Mutual Funds

- Bonds

- Real Estate Open Plot – That does not have any Rental Income

- Common Stocks

This is because many of the above assets don’t give me any cashflow and I don’t have any management control over these assets. Say for Example Common Stocks. People say that everyone should buy the stocks of Reliance Industries. But my question is that, Why Should I Buy a Stock of Reliance because I don’t have any management control over that Business.

Rather than why can’t I invest more money to buy more shares of my own family promoted education company through which I am owning this Blog?

Same is true for Gold. Gold is not an ideal asset for me. Because it doesn’t give any cashflow if you hold it even for years. While take the Example of this Blog. This Blog is my Online Asset and it will provide me a steady and growing cashflow as long as I will hold it.

Thus, the ideal Asset is one which fulfills both of the above 2 criterias of an Ideal Asset…!!!

What Does High Income Mean?: Does High Income Mean High level of Wealth?

High Income means people who are earning the income which is far above than the average level of income of that nation. These people look rich and wealthy. But I call them High Income / Low Wealth Accumulator Group of people.

Because of the High level of Income, these people spend more and buy luxurious items to look rich. But unfortunately, high income doesn’t mean higher conversion of wealth. To realize high income, these people have to pay more in taxes and thus, they fail to accumulate more in wealth.

While Wealthy people realize very less in Income and more in Capital Gains to avoid tax. People believe that, High Income means rich. But it is not true. If you earn a lot but spend all of that income than you can never be wealthy.

A Wealth has to be accumulated. You can not become wealthy by spending more. You have to accumulate more Assets if you want to become wealthy. To become a wealthy, you have to realize less in taxes and more in Investments (Such as Capital Gains).

Web Business Ideas to Become a Billionaire

Read my Article: Ways to Become the Internet Billionaire

In the above article, I have clearly mentioned that, How you can become an Internet Billionaire. Many people have a false belief that, to become a Billionaire, they have to earn this much amount of money. Some think that to become a Billionaire, they have to come with some innovative Internet Business ideas such as Google, Amazon, Facebook or eBay.

But well, this is not true. To become an Internet Billionaire, You need to do only one thing and that is,

Develop a Successful Internet Business and later on take that Business to the public. And by selling the shares of your company to literally millions of people you can become a Billionaire.

In the above article, I have explained in detail that, How becoming a billionaire is a game of creating new wealth in the economy? How Forbes Billionaires print new money in the economy and that is also legally by taking their Businesses to the public.

Do You Want to Invest in Business? Than read this Article…

I receive following kind of queries from Investors very often.

- I have 50,000 and I want to invest in Business. Which Business is Best?

- I want to Invest so and so amount in Business. How to find a profitable Business?

- I want to invest in a profitable Business. Where to Find good Business Opportunities?

Well, see. If you want to invest in a Business and if you go to some marketplace than you will find literally hundreds and may be thousands of businesses listed for SALE. But well, not the all the Businesses are as profitable as they look.

You have to first look all the Financial Statements of past 3 years before buying any Business. You should also verify and confirm the various Sales data of the Business before buying it. If possible you should hire a professional service for the valuation of the Business.

If after analyzing all the financials, if you find a Business really profitable with attractive valuations than and only go for it. otherwise, search for the next deal. Another important aspect of buying a business is that, you should ask the pervious owners everything about training the new staff of the Business.

This is very important. Because sometimes it is quiet possible that, once the previous owner leave the business, it become very difficult for the new Business owner to run it.

Sometimes it is better to hire a professional Service to acquire a Business. So keep in mind the above things before buying a Business…!!!

What You should do when the Interest Rate changes?

Interest rates affect all kind of Investments such as Home Loan, Equities, Gold, Debt & Fixed Income Investments. Here is a Comprehensive Table of, what you should do when the Interest rate rises?

Thus, you have to take your various Investment decisions after keeping in mind the Interest rate fluctuations.

Things to keep in mind before Buying a Life Insurance

This article is all about the things that you should keep in mind before buying a Life Insurance cover. You should consider the following things in your mind before buying a Life Insurance Policy.

- How Much? -

Ask your self a simple question. How much your nominee will need to maintain the same level of life style in your absence? This amount should be your Life Insurance Cover.

- Cover the Housing Loan -

You should at least cover that Housing Loan. You need a life cover for an equivalent amount. This is because even if in your absence, your  family members can fulfill your housing loan and live in the same home.

- Consider Inflation -

If your family’s monthly expense is Rs.40,000 than in your absence, they will need Rs.1 Crore of Corpus to generate Rs.40,000 every month at the rate of 5% p.a. post-tax safely. And not only this but just after 10 years because of the Inflation, this monthly expense will be doubled because of the inflation.

- Human Life Value Method -

Human life value method considers your earning potential across your lifespan duly discounted at current levels to determine the insurance cover you need.

- Never go for ULIPs -

ULIPs is the combination of Insurance + Investment. ULIPs are nothing but the opaque mutual funds. They will charge you anywhere between 10-20% administrative charges. So rather than that, go for Term Life Insurance Policy & Equity Diversified Mutual Funds. But never Mix Insurance with Investments.

So keep in mind all of the above points before buying a Life Insurance Cover.

Should I Own Franchisee or Start a Business From Scratch?

Hi ,
A great Blog for some one who is new to savings .. Investment ...
i would like to star a day care ..can you give me some tips ..advice on how to start and legal doc..and is it good to take a franchise or start my own one ...
Please suggest .. thanks in advance.

Many people ask me that, Should they go for Franchisee Business or Start their own Business? Well, going for any option has it’s pros and cons. But starting your own Business from scratch has long term advantages.

There are several advantages of starting a Franchisee Business. One commonest advantage is that, in case of Franchisee Business, you work with the already established brand name which makes your work easy.

Another advantage of the franchise business is that, franchisees come with already established business model starting from employees training to billing system and everything else. So you just have to install these systems and you can start your business right away.

However, there are several disadvantages of the franchisee business also. What I don’t like about franchisees is that, you are working hard to develop the Brand Name of other Business on which you don’t have any kind of Management Control.

But if you start your own Business from Scratch than after few years, you will have your own Brand Name. Say for Example, This Blog. “My Journey To Billionaire Club” is a Brand Name today. If 2 years back, I had chosen to work for some great news paper than today “My Journey To Billionaire Club” would not be in front of you.

But today, I own my own Brand on which I have a full control. Another thing I don’t like about Franchisees is their higher Royalty Fees. Sometimes, after paying Royalty fees, nothing left behind as a profit. I know several people who started their Franchisee Business but within a year they get frustrated because of huge royalty fees.

Starting your own Business from Scratch is like jumping from the 18,000 feet with a Parachute. If the Parachute doesn’t open, you will met with a disaster. But it’s worth it in the long run.

So I advise you to start developing your own Business from Scratch as early as possible in your life means Now…!!!

Web Business in a Recession

It is now proven that Web businesses are recession proof businesses. This is because in the year 2008-09, during the time of recession, all the web businesses grew worldwide despite of the recession. Giant Web Businesses like Google, Amazon & eBay grew during the same period.

While many other web businesses also noticed the growth in their web traffic. This is because during the time of recession, people around the world have preferred to stay home online rather than going outside and that’s why the per head spending of the people on the internet also grew.

If you ask me that, just 1 year before the web traffic of this blog was only 2000 page views per month but today it is almost 30,000 page views a month. And this is more than 10 times Growth in a single year only….!!!!

Thus, all the Internet Businesses grew very well during the time of recession. Thus, we can say that web businesses are the recession proof businesses. In fact, web businesses have negative correlation with the economy. Means during the time of recession, they will grow more.

And because of this recession proof nature of the web businesses, I advise youngsters to start their own Internet Business. I advise to all of you to start your own Internet Business. This is because Internet Businesses operate at very low cost as everything is automatic and run even while you sleep or travel the world.

The future is of the web businesses. In the future, even a high school going kid will own his own Internet Business and make more money than a doctor…!!!

How To Start a New Business with 30 Lakhs

Recently one of my friend asked me this question.Well, the first step to start a new Business is that, You choose a Niche. What most of the people do is, they start their new business in the industry which is hot favourite. But this is a mistake.

Ideally you should start a Business about which you are Passionate about. So First of all find out your PASSION & develop a Business around it and believe me, you will never fail. The reason is very simple. The initial first few years of any Business are very hard and it is the Entrepreneur’s Passion which drives him through this tough period.

If you are not passionate about what you do than you can not stay persist. So first of all find out your passion. Just ask yourself that, what you like to do for the rest of your life even if you don’t get paid?

The answer is your Passion. And now, you have to develop a Business around your this Passion. This is the most important step behind the success of any Business. Most of the Businesses fail before its 5th Anniversary because they are developed only to make money. They are not developed around the passion and that’s why they fail.

Now, once you decide your Business, Invest money to build a successful Business Plan. It is advisable that before starting a Business you should have a proper Business Plan on hand. However, many successful Businesses started even without having any Business Plan. But if you have 30 Lakh of start-up capital than it is advisable to have a complete Business Plan.

Thus, follow this Simple advise and you can develop a Fortune 500 Business with just 30 Lakhs of capital on your hand.

Virtual Property Tycoons: The Next Generation Tycoons

Let us today discuss about the next generation Property Tycoons. This is the Information age and the Internet is the virtual place to invest your money. In the next generation, you will see several virtual property tycoons in the world.

Even a High School going kids will invest in the Virtual properties and make their fortunes in their twenties and thirties. The next era will be of virtual properties and virtual businesses. People will invest in the virtual assets (Online Assets) to get rich at the speed of light.

The Virtual Property can be anything such as,

- Domain Names
- Websites
- Blogs
- Forums
- Facebook Applications
- iPhone Applications
- Virtual properties in 3D Games like Second Life & Ultima Online
- or anything else which is on the Internet.

It is quite possible that after a decade, some high school going kid can be the owner of a Million Dollar Virtual Assets in some 3D Games like “Second Life”.

It is quite possible in the next generation that someone who is in his/her twenties is the owner of a multi-million dollars valuation of Blog, website, forum or a Facebook Application.

You can not see the online assets with your eyes. You have to see it with your mind only. This is the era of Intellectual (Mind) work. The more mind work you do, the more money you will make and thus more richer you will get.

What I advise you as a youngster is that, you start learning the various Investment Opportunities on the Internet. This is because in the next era, all of us will have to invest our money on the Internet.

The Secret of Being a Billionaire

Read my Article: How Billionaires Become Billionaires?

In the above Article, I have given the Link of my best 7 Articles on How to become a Billionaire. After reading those articles, you will understand that What is the real secret of becoming a Billionaire. If you want to become a Billionaire than what exactly you have to focus on?

Becoming a Billionaire is not a game of making money. It’s a game of printing new money in the economy (Of course Legally). Becoming a Billionaire is a game of creating Investments in the economy in which millions of people want to invest. It’s a game of creating new wealth in the economy.

All the Billionaires around the world have become Billionaires because they have created New Valuations/Money/Wealth/Investments in the Economy. They have printed Billion Dollars in the economy and that is also legally.

And in the above Article, I have mentioned that, How Billionaires become Billionaires by legally printing the new money in the economy? And how you can also print your own Billion Dollar in the Economy?

So Read these articles and from now onwards focus only on those things which I have clearly mentioned in the articles to become a Billionaire. The secret of becoming a Billionaire is that, you focus on these things. And you can definitely be a Billionaire one day.

In fact, all the Forbes Billionaires have become Billionaires by this way only…!!!

The Business Ideas for Senior Citizens

Who says that, Retirement means you have to stop working for the rest of your life? Well, Retirement means you are now free from financial unforeseen events. Retirement means you are now financially free and you can now do whatever you want to do in your life.

After Retirement, you can also start your own Business if you want. In fact, there are many Business opportunities in the market that Senior Citizens can start. If you are a Senior Citizen and want to start your own Business…..Than Go For it…!!!!!

This is because you are more experienced now and you know the world better. You can start many Businesses in your local area as a Senior Citizen. And later on you can gift your Business to your Grand children.

There are several advantages of owning a Business. One commonest advantage of owning your own Business is that, it will provide you a steady Passive income. Yes, Businesses can be a good source of passive income.

There are several business ideas that you can start as a senior citizens such as Food Business, Health Care Business, Pet Business, Marriage Bureaus, Consultancy & many more…

If you don’t want to start a Business from Scratch than you can buy an already established business and run it. Alternatively, you can buy a Franchisee Business. Franchisees come with already established Business models so they are easy to run.

Thus, there are several businesses that you can start as a Senior Citizen. You just have to take an Action….!!!!! So What are you waiting for? Just start taking an Action….Start your own Business as a Senior Citizen…!!!

The Best Passive Income Producing Assets

Rich acquire assets because assets generate passive income. Passive Income is one to acquire which you have to work hard at once and after that this income keeps flowing into your bank accounts for the rest of your life and even after that.

Read the Article: Passive Income

In the above article, I have mentioned in very detail that What is Passive Income and how it works and various examples of passive Income. In this Article, I will discuss that Which are my all time favourite Passive Income Assets?

Here are my Best Passive Income Producing Assets.

01) Books

02) Blogs

03) Businesses

These 3Bs are my favourite Passive Income producing assets. In case of Books, you have to use your mind at once only to write a great book and that’s it. After that the Royalty Income will keep flowing into your bank accounts for the rest of your life.

Blogs are the other best passive income producing assets. Take the Example of this Blog. “My Journey To Billionaire Club” is my great source of Passive Income. I have to work hard at once to create an Information rich article. And that’s it. That article work in the Blog archive for the rest of its life and attract the organic search engine traffic for me and make money for me. You can see the Blog archive of this Blog. The Archive of this Blog is my Asset which is generating money for me even while I Sleep.

The third best asset is the Business. In case of Business, you have to work hard at once only to develop a successful business. This is one time hard work only. Once you develop a successful Business, your hard work is over. That Business will run even without your presence and make passive income for you.

If you want to become Financially Free & enjoy your life than work hard for the Passive Income since your early life.

Ten Favourite Assets Rich People Have

Rich people spend their life in buying assets only. Rich people simply LOVE to buy assets. They acquire assets and these assets appreciate in its value over the time and make them more richer than before.

Assets are something that put money into your pocket. Stocks, Bonds, Gold, Real Estate, Blogs, Websites, Intellectual Properties, Art, Mutual Funds are the examples of Assets. Here are the 10 Common Assets that Rich people Love to Invest in,

01) Financial Knowledge & Information -

This is number one and most important asset. It is intangible so you can not feel it. Rich always spend like anything behind increasing their Financial IQ. This is because the Investment in the Knowledge pays the Best returns in the Long run.

02) Businesses -

This is the second most favourite Asset class that almost every rich invest in. Commonly, Rich prefer to invest in private businesses in which they have at least partial or full degree of management control.

03) Real Estate – Rich also Invest in the Real Estate. This is because they have control over this Asset.

04) Common Stocks – Rich love to invest in someone else’s profitable businesses.

05) Bonds
06) Gold
07) Art
08) Vintage Cars
09) Sports Teams
10) Private Jets

You will think that How Private Jets can be an Investment? Well, For Rich, it’s an Investment because the private jet attracts media attention and media attraction means unlimited FREE Popularity.

Thus, all of the above are the Top 10 Favourite Assets that Rich people have.

Teenage Rich From Stock Market

This is the Information age and because of the internet in the Information age, the Information regarding anything in this world is being transferred to literally millions of people all around the world within a split of second.

Almost whole the world is now connected with the Internet. And that’s why in the modern world, you don’t need to call your broker to buy or sell your stocks. You can do it right away with your laptop and the Internet connection.

In the future, The world will see Teenagers who will become rich from the stock market at the speed of light. This is because of the Internet. Because of the Internet, now more and more teenagers are entering into the stock market.

This is because for them, it’s just the game of numbers which they play on the Internet. And the Internet is so much Information rich that, they find and analyze the fundamentals and the financial Information of any company within just few minutes and take the Investment decision.

I know several teens who are playing the stock market game (Real One) from their laptops every day. In the Future, those who will use the Technology will be more financially ahead than those who don’t use the Technology.

TATA Motors Fixed Deposit Plan

Investment Option I: Scheme-A Quarterly Income Plan

Investment Option II: Scheme-B Cumulative Deposit Plan

Key Features -

• Additional amount of deposits will be accepted in multiples of Rs. 10,000/.
• Interest and maturity value payments are subject to deduction of tax at source, wherever applicable.
• Deposits will be accepted from Individuals, Minors (through Natural Guardians), Non Resident Indians on non repatriation basis (through NRO account only) and HUFs.
• Interest will be calculated from the date of realization of cheque and will be rounded off to the nearest Rupee.
• The Company reserves the right to offer better terms, including interest and brokerage, for deposits of Rs.25,00,000/- & above.
• 0.25% p.a. additional interest for senior citizens / Tata Motors shareholders / employees of Tata Motors and its Indian subsidiary companies.

For more information, please contact any one of the Main Brokers / Distributors viz.,

•Tata Capital
•ICICI Direct

•Kotak Securities
•Stock Holding Corporation of India

•JM Financial
•HDFC Securities

Stocks Giving 10% Return a Month

Recently someone ask me that, Which are the stocks giving 10% return a month? Well, 10% return a month means you are searching for 1200% return a year….!!!!

And I don’t think that any Common Stock can give you this much return. Historically the Sensex has given 15-20% Compounded Annual return in the long run. So you should be realistic and expect the realistic returns from any stock.

There is only one way to earn this much return from a Stock and that is – Private Equity. I am talking to you about starting your own Business from Scratch. Because this is the only way to generate this much return from any stock.

The founders of Google, Microsoft, Reliance, HDFC, Dell are ultra-rich because they have started their businesses from scratch and as an Inside Investors, their stocks appreciated much more than 1200% per annum making them Billionaires.

The only way to generate this much high return from the stocks is that, You become the Inside Investor & Promote a Company.

Don’t look for listed stocks for this much high returns because all the listed stocks have already given this much return to its Inside Investors before listing.

Stock Market Billionaires

Do you know that, All the Forbes Billionaires & World’s Wealthiest people are the Stock Market Billionaires? Well, Yes. This is true. All the Billionaires in the world became billionaires from the stock market only.

This means that the stock market is a great place to build wealth right? But well, to become a Billionaire, you have to not just build a wealth, but you also have to CREATE NEW WEALTH in the Stock Market.

So How to Create new wealth in the stock market?

I am talking about developing a successful business and later on taking that business to the public. By taking a Business to the public, the promoter sells literally millions of shares of his business to investors and create new wealth in the economy and become a Billionaire.

All the Forbes Billionaires are Billionaires because their own stake (Share Holding) in their own publically listed companies is worth of billions. To Become a Billionaire, you don’t have to earn this much money, you have to just print this much money (Of course legally) in the economy by taking your business to the public.

So if you want to become a Billionaire than think of developing your own Business and taking it to the public.

Startup Business & Private Personal Loan

If you have just started your own Business or you want to start your own Business in future and you need to raise the capital for your Business than Private Personal Loans are the good options for your Business. Usually Angel Investors are such kind of private personal loan lenders.

Now, the thing is that, How to find and contact such Private Personal Loan lenders who are willing to take risk and want to finance startup Business. Well, I will advise you few things about it.

First of all contact your local city small business chamber of commerce. Notify them about your Business and Capital needs. Several Private Lenders work for such kind of entities to find good Investment opportunities for their money.

Another advise, I would like to give you is that, prepare a complete Business Plan having all the Financial details, Executive Summary, Marketing & Sales Plan & Future Financial Projections. Once you are done with a complete Business Plan, Go with Angel Investors.

Make sure that, you present everything clear and in detail about your business in front of the angel investor. Don’t hide anything or try to look over smart. You will definitely get a Personal loan for your start up business.

Hi Asav,
I am an avid reader of your blog "My Journey To Billionaire Club". I am really getting lots of financial knowledge by reading your blog. Please keep up the good work.

 
I have few queries regarding my Investment and your response will be much appreciated.
I am a salaried person with a total income of RS. 5 Lakh per annum.

Following are my investments:
LIC: Rs. 62 thousand per annum.

Mutual Funds(via SIP): Rs. 72 thousand per annum.

SBI MAGNUM SECTOR FUNDS UMBRELLA CONTRA -GROWTH (Rs. 2000)
RELIANCE GROWTH FUND - GROWTH PLAN - GROWTH OPTION (Rs. 1500)
HDFC TOP 200 FUND - GROWTH PLAN (Rs. 1500)
BIRLA SUN LIFE FRONTLINE EQUITY FUND - GROWTH (Rs. 1000)

At present I have no liability but I am planning to take a Home Loan of Rs. 15 Lakh and I am a married person.
Please let me know am I doing the right investments and your suggestion.

Well, You have really done nice investments according to your Income. I like your Mutual Fund portfolio. Contra, Top 200 & Frontline Equity are the Large cap oriented mutual funds while Reliance Growth is a Mid cap oriented fund which adds aggression to the portfolio.

And all of the above funds are 5 star rated funds according to Valueresearchonline.com. So you can stay Invested in all of them.

What I like about your MF Portfolio is that, It’s perfectly “Diversified”. What most of the people do is, they consider MF as a stock and collect around 30-100 MFs in their portfolios. I have seen several people who have collected over 100 NFOs, MFs and sector funds. People fail to realize the fact that 1 MF consist of a portfolio of anywhere between 30-100 Stocks. So collecting several MFs is not the Diversification. You can just have 3-4 MFs and you can achieve optimal diversification.

Later on you can add 1 ELSS Fund & 1 or MAX. 2 Debt fund in this Portfolio. That’s it. No need to do anything to this portfolio for the next 20,30, 50 years.

According to your Income, you can go for a home loan of Rs.15 Lakh.

What I advise you that, write down your Financial Goals on the piece of paper and write down a year. Say for Example, if you want to achieve the early retirement in 2025 than What I advise you is that, 2-3 years before reaching your any Financial goals, shift your wealth from Equity to Debt Mutual Fund. This is the very important step. Most of the people know when to enter and how long to stay invested in the market but unfortunately they don’t know that when to exit.

Thus, Over all your Investment Strategy is Best. Stick to it.

Best of Luck for your Financial Future…!!!!

3 Idiots Review: Yesterday Night I saw 3 Idiots Premiere Show…!!!!

All the Readers of this Blog – MARRY CHRISTMAS…!!!!

Yesterday night (Yes, it was 24th Dec. 2009), I saw 3 Idiots movie in Multiplex Theatre. This is because it was a premiere Show (the previous night of the first day release). Aamir Khan always releases premiere shows of his movies all over the India.

So Today 12 noon is the official launch of the movie worldwide and I seen the movie yesterday night. Isn’t it amazing?

Well, The Movie is Excellent. I will give it 5 star Rating. The movie is a 3 hours long movie but it’s amazing. Aamir Khan, Sharman Joshi, R Madhavan, Kareena Kapoor & Boman Irani all are great in the movie.

It’s a MUST see movie. So Go For it…!!!!! The movie is full of lessons on Friendship, Relationship, Education and everything else.

Definitely a Cool Movie….Aaamir Looks Great….!!!!

Starting Online Education Business Ideas

Education Industry is one of the largest Industry in the world. And Online Tutoring is $ 120 Million market when I am writing this article and growing very fast.

According to data from Eduventures LLC, an educational market research and consulting firm in Boston, the total market for products and services, including tutoring, test-preparation services and supplemental content, for kids in kindergarten through 12th grade grew 6 percent in the 2004-2005 school year to $21.9 billion.

Thus, Education Industry is a very large Industry to start your Business. There are several things that you can teach online via Text, Audios & Videos. Parents and Students are in demand for true education and willing to spend anything for a quality education.

You can start educating anything online. What I advise to young entrepreneurs that, start your Business in the Education Industry. Choose Online Business Model. Take the Example of this Blog. This Blog is my Internet Business and this Business operates under the Education Industry.

The Spiritual Mission of this Business is to provide a quality Financial Education to the people from all around the world. Why I prefer Information Age (Online Business Model) is because The Internet has a worldwide penetration and a reach in every household just like TV and that’s why it is really possible to spread your message worldwide very easily with the help of the Internet.

Once you develop a Good Brand Name for your Business, people will never stop consuming your educational products. And you will continue making money.

Should I Start a Business or Become a Doctor?

You will be disappointed by reading my answer. But still let me tell you the Truth.

You should start a Business rather than becoming a doctor. This is because the time is very precious asset in becoming rich and financially free.

Remember, Lost Money can be recovered but the Lost Time can never be recovered.

If you want to become a doctor than you have to waste full 10 years if your life behind medical school. And during the same time period, any Business could have grown to a Billion Dollar Business even if you start it from Scratch.

And if you really want to become a doctor in your life than you can join medical school in your later life also once you become rich and financially free.

Governments and Central Banks from all around the world are printing literally trillions of dollars and pushing it into the circulation and this newly printed money is diluting the purchasing power of the existing money in the circulation.

And that’s why I think that, time work for money gone. Time to become a doctor and make money is gone.

It’s now time to print the money. It’s now time to make money at the speed of light. And that’s why I encourage people to start their own Business rather than wasting their time to become a doctor. Remember, if you are Rich than you can anytime hire best medical services for you and your family members. But if you are a doctor, it doesn’t necessarily mean that you can hire best medical services for your family.

I know several doctors who can’t afford to pay Bills of large corporate Hospitals. Thus, Starting a Business is a Wise Financial Decision rather than becoming a Doctor…!!!

In the past, I have posted the Article,

Ways to Make Money Through Website

In the above article, I have mentioned 10 ways to make money through a website. This Article is the continuation of the previous article. Here I will teach you some other ways to make money through website.

01) Premium Content

Some websites and blogs give away part of their content for free, and charge for access to the premium content and exclusive tools.

SEOMoz is a good example. They have a very popular blog that gives advice and information on wide range of SEO related topics. On top of that visitors can decide to become premium members. It costs $48 monthly and it grants them access to guides, tools and other exclusive material.

02) Job Boards

All the popular blogs are trying to leverage job boards to make some extra income. Guy Kawasaki, ReadWriteWeb, Problogger… you name it.

Needless to say that in order to create an active and profitable job board you need first to have a blog focused on a specific niche, and a decent amount traffic.

List of popular job board software:

• JobThread
• Web Scribe Job Board
• SimplyHired Job-o-matic
• Jobbex

03) Marketplaces

Sitepoint is the online marketplace by excellence. Some websites and blogs, however, are trying to replicate that model on a smaller scale.

Flippa.com is another marketplace.

04) Paid Surveys and Polls

There are services that will pay you money to run a small survey or poll on your website. The most popular one is called Vizu Answers.

05) Selling or Renting Internal Pages

Million Dollar Wiki made this concept popular, but it was being used on the web for a long time around (check Pagerank10.co.uk for instance).

06) Donations

Placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is on a niche where readers learn and gain value from your content.

07) In-text Adverting

In-text adverting networks like Kontera and Vibrant Media will place sponsored links inside your text. These links come with a double underline to differentiate them from normal links, and once the user rolls the mouse over the link the advertising will pop. Should the user click on it the site owner will make some money.

08) Pop-ups and Pop-unders

Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying to make a much money as possible from your website, you could experiment with them.

Ad networks that use pop-ups:

• Tribal Fusion
• PayPopup
• PopupAd
• Adversal

09) Audio Ads

Also called PPP (Pay Per Play), this advertising method was introduce by Net Audio Ads. the concept is pretty simple: play a small audio advertising (usually 5 seconds) every time a visitor enters into your website. The user should not be able to stop it, creating a 100% conversion rate based on unique visitors.

10) Selling an Ebook

Perhaps one of the oldest money making strategies on the web, using a website to promote a related ebook is a very efficient way to generate revenue.

11) Selling a Hardcover Book

Many authors and journalists leverage their blogs or websites to sell copies of hardcover books. Examples include Guy Kawasaki, Seth Godin and Malcolm Gladwell.

List of self publishing and publishing services:

• Lulu
• Self Publishing
• iUniverse
• WordClay

12) Selling Templates or WordPress Themes

As more and more people decide to get an online presence, website templates and WordPress themes become hotter and hotter.

On this segment you have mainstream websites like TemplateMonster, as well as individual designers who decide to promote and sell their work independently.

Brian Gardner and Unique Blog Designs are two examples of websites that make money with the sales of premium and custom WordPress themes.

13) Offering Consulting and Related Services

Depending on your niche, you could make money by offering consulting and related services. If you are also the author of your blog, the articles and information that you will share will build your profile and possibly certify your expertise on that niche, making it easier to gain customers.

14) Creating an Email List or Newsletter

Email lists and newsletters represent one of the most powerful marketing and money making tools on the Internet. They offer incredible conversion rates, and the possibility to call people to action in a very efficient way.

List of software to manage email newsletters:

• AWeber
• SendStudio NX
• PHP Autoresponder
• Constant Contact