4 Biggest Myths of Indian Stock Market These are 4 Common Indian Stock Market Myths you should definitely know about. Myth #1 -There is absolutely no doubt that Warren Buffet is one of the best investors the world has ever seen but there is a common myth that he buys stocks and holds it forever as he himself once said that his favorite holding period is forever. As per Research done by John Hughes (Prof at University of California) of his holdings from 1980-2006 (Twenty six years) he found that the average holding period for Warren Buffet was only 1 year, with approximately ONLY 20% of stocks held for more than two years. About approximately 30% of stocks were sold within six months of purchase. A lot of Investors know that Warren Buffett owns Shares of Coca-Cola but only a few Investors know that the Stock price of Coke was 43$ in 1998 and the Stock price is Same at 43$ today. (20 years later). Conclusion of Myth #1- Warren Buffet only holds 20% of Stocks for more than 2 ye...
Dear All,
Warm Greetings !
Here is the link to download the Application form of "NHB Tax Free Bond Tranche II Issue"
http://59.144.72.251/IPOPDFGenWeb/brokerOnly.aspx
National Housing Bank AAA Rated Tax Free Bond Issue Details ¤
Issue opens:7-Mar-14
ROI- Retail 10 Yrs 8.50%; 15 Yrs 8.93%; 20 Yrs 8.90%. Non-Retail 0.25% less than retail rate. Allot 1st-cum-1st serve.
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Regards,
Rajesh Kumar Kathpalia ¤ SMC Global
17,Netaji Subhash Marg,Daryaganj,
New Delhi-110002 Mobile No 9891645052
Email Id: rajesh.ipo@smcindiaonline.com
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Frequently Asked Questions : 1. What is the PPF Scheme? Public Provident Fund (PPF) scheme is a long term investment scheme backed by the Government of India, framed under the Public Provident Fund Act, 1968. It offers safety with attractive interest rate and returns that are fully exempted from Tax. 2. Who can open account under PPF scheme? a. Individual or individual as guardian of a minor can open the account. (account cannot be opened in Joint names). b. Only one account can be opened by an individual in his/her own name. 3. Who cannot open PPF account? a. HUF are not eligible. b. Non Resident Indians are not eligible. 4. What is the Limit of Subscription to a PPF account? Minimum subscription of Rs.500/- and maximum of Rs.1, 50,000/- can be made in lump sum or in 12 instalments per financial year. (The subscription limits stands enhanced to Rs. 1,50, 000/ per year w.e.f. 23.08.2014) 5. When does a PPF account mature and can PPF account ...
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