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Showing posts from August, 2013

Market Update - US Employment Situation July 2013

The US economy is improving and the Federal Reserve continues to propel QE3 at $85B/month With economists predicting a strong employment numbers tommorrow , the US economy is started to pick up and will be doing well in the course of the year 2013 Impact on Dollar / Stock Markets Expect dollar to go strong for remaining part of the year , one should be long dollar with respect to other basket of currencies . I am long USDCAD now @1.03484 [time of posting the blog] with 1:1 risk/reward ratio . I cannot believe S&P still going strong on 1700 inspite the economy didnt do well in first half of the year , markets are at all time high which is quite unrealistic as growth in GDP terms is not achieved . This is same with other emerging markets [BRIC countries] where Q1/Q2 earnings were not that impressive .  The Govt as such is  trying thier best to make changes in FDI norms , attract investment and boost the sagging economy I expect S&P and Nifty to fall over the next few month

The need to plan your child's education -

" If you think education is expensive, try ignorance." This quote is often repeated to encourage people to opt for education. It has never been truer than today. Education indeed, has become expensive The rising cost of education Almost every professional education has become expensive and will continue to appreciate in price. There are two reasons for this. One is of course the unbridled inflation and the other is increasing demand which makes it easy for schools to raise the fee at their will Planning for it It is advisable that parents work backward on the savings needed for educating their children. You have to know how much you may need 10 years or 20 years down the line and plan accordingly 1) Start NOW..the early you start ..the better your objectives will be met You need to put money in a balanced fund, a mix of debt and equity, is riskier than debt funds but offer much better returns over longer time. The returns can be anywhere between 8% and 14%. We have t