Investing with Insight

Investing with Insight

You should always invest with insight. By insight, i mean long term investment planning. Most of the people can’t become financially free by investing because they invest without any insight. They invest without any financial goals.

Many of my friends have collected as many as 100 NFOs and mutual fund schemes. But when I ask them about their financial goals, they say that, Well, I have not decided my financial goals yet. Now, my question is that, if you have not decided your financial goals than why do you collect various financial products available in the market?

Well, see. There must be some kind of objective behind buying any financial product. Without the proper goal and insight you should not buy any kind of financial products. This is because you are going nowhere by doing so.

First of all sit down with paper and pencil and think that what you want to achieve financially in your life and how much money it requires? And write it down on the paper. And after that decide your investment strategy to reach that goal.

Once you decide your investment strategy, review it every few months and modify it or watch that weather you are in line with your objectives or not? Once you decide your financial strategy, than and only buy any kind of financial product which fits into your investment strategy.

Don’t simply collect all the financial products that are available in the market. Investing with Insight pays better results in the long run.

Deemed University De-Recognition Status India

Deemed University De-Recognition Status in India

Recently you must have heard or read one of the following NEWS Headlines in various News Papers, TV Channels or from friends, relatives and your children.

“44 Colleges to be Derecognized as Deemed Status”

“44 Deemed Universities may soon get Derecognition by Government of India”

“44 Doomed Universities to be de-recognized by Government of India”

“44 Deemed Universities Short Listed for Derecognition”

“44 Deemed Universities to lose Affiliation”

“44 Deemed University Cancellation News”

“44 Deemed Universities Derecognized by Indian Government”

“44 Deemed University good status addressed by Supreme Court India”

“Centre Finds 44 Doomed Universities”

In the past one month, all the mass media communication channels are flooded with the above news headlines. Internet, TV, Radio, News Papers and everywhere else you will find the above news headlines as a top most news.

In fact, I am the Post Graduate Student of MS-Ophthalmology at one of such University which is facing derecognition. Well, I am studying at D.Y. Patil University, Kolhapur, Maharashtra, India.

Kapil Sibal

Kapil Sibal, The head of Human Resource Department (HRD) of India has initiated this move and filed a petition along with UPA Government in the Supreme court on the basis of High powered Tondon Committee. UGC (Universities Grants Commission) & NAAC are also involved. According to Kapil Sibal, this is the part of the Education Industry reformation in India.

You can read the Archive (Compendium) of Deemed University derecognition in the following Article.

Deemed University Status

The above is a Link of Articles on Derecognition of Deemed Universities. You will find all about derecognition of deemed universities in India in the above single article.

The first hearing in the Supreme court was on 25th January 2010 in front of A bench of Justices Dalveer Bhandari and A K Patnaik.

After this news, people have rushed on the Internet to find out more information about the matter. In the past one month only people have searched the web with Google with following queries. You can not imagine that, how people have Google the web in various ways to know more about this news and to get more information from the web.

The Commonest Search Queries on Google were,

- Cancellation of Deemed Universities

- Deemed Universities in India Derecognition

- Derecognition of Deemed Universities in India

- List of 44 Deemed Universities Cancelled

- List of 44 Deemed Universities to be Derecognized in India

And Many more…

Here is a Complete List of 44 Deemed Universities of India which are facing Derecognition by government of India.

List of 44 Derecognized Deemed Universities

Finally on 25th January 2010, Supreme Court of India has put a stay on this move of the government and ask the UGC that on which basis it has granted the deemed status to these universities in the past and also send a separate notice to all the 44 blacklisted deemed universities to present with their details on 8th March 2010.

The court was adjourned to 8th March 2010 for second hearing.

You can also read the article about “Deemed Universities Derecognition Status in India” here.

Deemed Universities Derecognition Status India

In the above article, I have covered the economic view point about government’s this move in a great detail You will find it very helpful to understand what’s going on in the Indian Education Industry.

Kapil Sibal: No Student of Failed Deemed Varsities will be affected

The Future of almost 2,00,000 students taking different courses in these 44 blacklisted universities is on risk. However, Kapil Sibal has assured that, these students will get their degrees from their affiliated universities.

Students and Parents from all over the India are also searching for “The List of 44 Deemed Universities that have given three years to improve”.

Yes, Kapil Sibal has given 3 Grades – A, B & C on the basis of various criterias and deficiencies. According to him A Grade Universities are those which does not require any improvement. B Grade Universities are those which have few deficiencies and given a time of 3 years to improve. While C Grade Universities are totally unfit universities by all means. Means C Grade Universities does not have any past record of good performance nor have any future assurance of improvement.

C-Grade Deemed Universities of India are facing the problem of Derecognition. However, right now supreme court has stop any action against these C-Grade Universities until the final decision comes.

So Now, let us wait and watch for the Second Hearing of Supreme Court on 8th March 2010.

Kapil Sibal – India’s Education Agenda

Watch the above YouTube Video by Kapil Sibal. Kapil Sibal Outlines His Agenda For The Education Sector. Says He Will Push For Opening Up The Sector For Foreign Investment And Calls For A Regulator Guest.

Kapil Sibal says that, he want to push for opening up the education sector for foreign investment. I think this will be a Historical Education Reformation in the Indian History.

Get Rich by Saving

Get Rich by Start Saving in your 20s

Many of you may never heard the miracles of the compound interest. The Compound interest so powerful over the time that, it multiplies your wealth in a breath taking manner over the time. Now, if you are in your twenties and want to get rich in your life than the only thing you have to do is – Start investing early.

Here is the real time example.

Consider this scenario: If you begin saving for retirement at 25, putting away $2,000 a year for just 40 years, you'll have around $560,000, assuming earnings grow at 8% annually. Now, let's say you wait until you're 35 to start saving. You put away the same $2,000 a year, but for three decades instead, and earnings grow at 8% a year. When you're 65 you'll wind up with around $245,000 -- less than half the money.

You can see in the above example that only 10 years of difference in investing makes a huge difference in wealth later on. This is because of the compound interest. If you never start investing, you will never become rich and financially free.

And if you someday really want to get rich in your life than you should start investing as early as possible in your life probably in your twenties. Warren Buffet is the second richest person in the world and he started investing in the stock market when he was just 13. Today he is 80 and he has accumulated tremendous wealth only by investing his money.

Many people have a false belief that, to become rich, they need to build a fortune or do some large scale ventures in their life. But this is a Myth.

To Become rich in your life, you need to do one simple thing in your life and that is – Start Savings & Investing Early.

Yes, This is the 95% advise that anyone needs for his/her financial success and rest of the advises amount for only 5% for getting rich. So if you are in your twenties than it’s the best time to start investing.

Get Rich Penny Stocks

Get Rich Penny Stocks

Every day I receive some kind of hot tip in my junk mail box about some Penny Stock of USA. A Penny Stock is something which is trading on the DowJones at few cents per share. These shares promise you to give 100% profits in just 2 weeks or even less in time.

Definition of Penny Stocks -

Penny stocks are defined as shares that trade at a price at or below $2.00. The Security and Exchange Commission (SEC) considers anything up to $5.00 as a “penny stock,”

These are known as Get Rich Penny Stocks. And you should stay away from these penny stocks.

Internet Marketers claim you the following thing.

“If done right, trading in penny stocks can be an affordable option for those who want to get into the stock market. The profits from trading in penny stocks can become an income supplement rather quickly. For just a few hundred dollars, you can make thousands in returns if you jump on the right stock at the right time. In addition, many investors like the idea of being able to own a large amount of a good company’s shares for a relatively low cost. Trading penny stocks is also a great way to learn about the stock market without investing a large amount of money.”

But well, this is not true. The Truth is that, you should stay away from the Penny stocks.

The only way to make money from the Penny Stocks is that – You Sell them and not buy them.

Yes, if you want to make fortune from the penny stocks than promote your own company and make it listed in the stock exchange. But well, I won’t recommend this to anyone because promoting a company only for the purpose of selling shares if illegal according to SEC. and I never promote illegal things.

What I want to tell you that, making fortunes from the Penny stocks is just like selling a dream. There is nothing like get rich quick from the Investments in the world. You will have to invest money wisely and with discipline. Than and only it is possible to make fortunes from the Stock Market.

Get Rich Mutual Fund

Get Rich Mutual Fund

People ask me that, tell us something about get rich mutual funds. In fact, i receive queries like, “Give me the name of Get Rich Mutual Funds” and something like that every month. I receive these queries via e-mail. Sometimes people call me on my mobile phone and ask me about this.

Well, my answer to all such kind of queries is that, There is nothing like get rich mutual fund in this world. And if there was something like get rich mutual funds in our world than today all of would be rich and out of financial troubles.

Well, see. It is not the Mutual fund which will make you rich. It is your Financial IQ & Disciplined investing over the period of long time which will make you and your family rich and financially free.

Remember my words,

“Investment is not risky but the Investor is Risky.”

It means that any Investment does not have the potential to make you rich or poor. But it is you (The Investor) who has the potential to make yourself rich of poor. If you regularly save & invest in any 4-star or 5-star rated equity diversified mutual fund via SIP for a period of more than 10 years than you will definitely make a huge corpus at the end of 10 years.

However, the most common problem with the People is – Lack of Discipline. Theoretically it’s really easy to follow advise like – Do Regular SIPs in MFs for long term but practically it’s very difficult to follow. And if somehow you manage to follow this simple advise, you will definitely make a fortune from the mutual fund investing.

So from now onwards, don’t search for get rich mutual funds but rather than that adopt a disciplined and financial sound life style. You will definitely get rich in the long run.

Get Rich Careers

Get Rich Careers

People ask me that, which are the get rich careers? I mean which are the careers in which you can become rich? Well, according to me, you can get rich in almost any careers. The only thing is that you must be passionate about that career. Than and only you will spend more time, money and energy in that career and get rich.

Doctors, Lawyers, MBAs, Chartered Accountants, Actors, Actresses, Software Engineers and many more careers are there in which you can become rich easily if you give your full time and involvement. However, There is only one career in which you can get rich faster. And there are many people around the world who made their fortunes in less than 5 years by choosing this career.

And this Career is – The Internet Entrepreneurship

Read my Article, Get Rich Quick Stories

In the above article, I have clearly mentioned that how several entrepreneurs from all around the world have chosen to become the Internet Entrepreneurs and how they have made their fortunes in their twenties?

Internet gives you the Velocity & faster growth. If you want to get rich in your twenties and thirties than this is the best career for you. Start something online. This is because the Internet is do powerful that, it has a potential to make you rich in your twenties.

But of course, for that you will have to work hard initially and spend hours and hours online to make your fortune online. This is the time to follow the principles of the Information age. Those who will follow the principles of Information age and start their fortunes on the Internet will become more rich and financially free than those who don’t follow the principles of the Information Age.

Get Rich Quick Stories

Get Rich Quick Stories

Let us today discuss some stories about getting rich quick. Let us today discuss that how these Information age people have made fortunes in less than 5 years. And today they are enjoying dot com lifestyle while travelling the world.

01) Markus Frind of Plentyoffish.com from Vancouver, Canada -

Markus Frind is the founder of the dating websites Plentyoffish.com. He is living in Vancouver and he makes over $ 1 Million every year from his amazing website. He is still in his twenties.

02) Yaro Starak of Entrepreneurs-journey.com from Australia -

Yaro started his blog Entrepreneurs-journey in 2004. And in less than 5 years he turned his blog into an authority blog. Yaro is the 6 figure blogger and in his twenties. In 2008, Yaro visited 25 most beautiful cities from all around the world while making money from his blog and membership sites. Isn’t it amazing?

03) Amit Agarwal of Labnol.org from Agra, India -

Amit Agarwal is the Pioneer of the Indian Blogging Industry. He started his Technology Blog Labnol.org in 2004 and today in 2010 he is making 6 figure income in dollars every year from his Tech Blog. Amit is in his early thirties and the IIT Graduate.

04) Amit Bhawani Patel of AmitBhawani.com from Hyderabad, India -

Amit Bhawani Patel from Hyderabad runs his Blog network which he started in year 2005 and today he is making $ 1,00,000 + every year from his authority blog.

05) Jon Chow of JohnChow.com from Vancouver, Canada -

John Chow lives in Vancouver, Canada and runs his blog from his home. His Blog JohnChow.com makes 6 figure income in dollars for him every year.

Well, all of the above are not some kind of crap. You can actually go to their websites and surf the web about them and find out that how these people have made fortunes in their twenties and early thirties because of the Internet.