Saturday, March 10, 2007

It's a Girl's World..

It's a Girl's World..

If he is late for class,he's told,
"Time and Tide wait for none".
If she is late,then the bus was late.
If a girl is dressed as a boy,she is modern,says the
world.
But if a boy is dressed as a girl,"Has he escaped from
the Zoo?"
:This is really coolman:
If a boy talks with a girl,"I think he is trying for
her"
But if a girl talks with a boy,then she is trying to
be friendly.
When a girl cries,the world is convinced of her
But when a boy cries,"Come on man:Don't be a girl".
:This is really coolman:
If a girl meets with an accident,then it's the mistake
of others.
And if a boy meets with an accident,"I think you
should learn to drive".
If a boy sits in front of a city bus,he is mannerless
and cultureless brute.
But if a girl sits in the back seat,"Try to respect
ladies,man!".
If a boy gets a big rank in an entrance exam,"You've
to work hard".
But if a girl gets a big rank,... still got 33!
Reservation.
If there are girls in a class,the professor gives an
interesting lecture,
And if there are no girls,he says,there is no class
today.
:This is really coolman:
If a girl does not answer,during a viva,then atleast
'smile' says the examiner.
But when a boy does not answer,"better luck next
time".

If a girl doesn't answer in an Interview , the
interviewer writes the answer for her and selects her

But when a boy does answer all questions , he gets
rejected due to over qualification

The List goes on...................... L L

Wednesday, March 07, 2007

Happiness

Happiness

Happiness is the "magic ingredient" people desire. Almost everyone I've met over the past few years can answer "Yes" to some or all of these questions:

  • Do you want to change your limiting beliefs?
  • Would you like to see yourself getting control of your life?
  • Have you tried to let go of negative thoughts & behaviours ?
  • Would you like to feel good, more & more of the time?
  • Are you ready to get what you want, fast?
  • Do you long for a sense of peace and fulfilment ?
  • Do you wish you could have better, more satisfying relationships ?
  • Are you ready to stop worrying and really start enjoying life ?
  • Are you ready to stop putting it off, and be happy now?

While we all know intellectually that the trappings of success can't bring us the happiness we desire, most people still act as though their happiness is dependant on getting what they want. But here's the thing:
 

When people say "I'll be happy when I get the (car / money / partner / skills / etc)", it almost never works!
 

In fact, in the years that I've been studying the links between happiness & success, I've discovered something that completely blew my mind:
 

It works the other way around: You're much more likely to get what you want when you're happy!
 

As the multi-millionaire financial expert, Robert Kiyosaki says, "If you are not happy while getting rich, chances are that you will not be happy when you do get rich." 
 

What do I mean by happy success?

  • Getting what you want AND feeling good about it.
  • Doing the job of your dreams AND loving going to work each day.
  • Getting the car / house / holiday you've always wanted AND feeling great every time you think about it.
  • Being in a relationship with someone you're incredibly attracted to AND feeling great about it every day.
  • Living a life that's your vision of success AND feeling fantastic about yourself every day. 

Tuesday, March 06, 2007

Dekoh the new Web2.0 Platform (Controlled Sharing from Desktop)

Here is the link

http://www.thehindubusinessline.com/2007/03/06/stories/2007030602640400.htm

Dekoh, is going to be the next Web2.0 in thing by Pramiti Technologies.

This provides  (Controlled Sharing from Desktop) - so all your friends can Dekoh (Hindi meaning "See") your platform independent applications.

Nice try!

The Logic of the Stock Price

The Logic of the Stock Price

A stock price has many definitions. One of the most sophisticated definitions is that it values the forecasted free cash flows of a company. There are many financial models that try to capture this conceptual definition (e.g. EV/EBIDTA, EPSxP-E, Cash EPSxCash P-E).

The most popular among them is the discounted (free) cash flow (DCF) valuation. Mainly popularized by Mckinsey and some other strategic consultants, it sought to value 'free cash flows' (operating margins, net of investment in working capital and routine capex, after adjusting for the tax benefits of leverage) over the visible period (also called the explicit period). Mckinsey also imputed a terminal value, which assumes a steady growth rate going to infinity. This perpetually growing cash flow often created a terminal value, which accounted for up to 90 per cent of the enterprise value (EV) in a fast growing company There are problems with this model. It often arrives at valuations that are considered 'theoretical' by markets. My understanding is that the 'strategic' valuation that the DCF is prone to recommend (5 to 8 years) is simply too long for the market. The real reason why the market often undervalues a given cash flow is that it is simply too myopic.

That seems to have been the disconnect in the Tata-Corus deal. Phrases like 'winner's curse, 'arrogant acquisition' 'overpayment' and 'value destroying' have been used. The difference in perspective, I think, is purely over the visible forecasted period. Tata Steel's strategists are valuing the free cash flow over a longer competitive advantage period. This goes back to the Buffetian argument that the valuation of the stock should take into account not only the size and growth rate of a cash flow but also the competitive advantage period. This articulates a long-standing disagreement between the steel industry and the stock markets. The steel industry is a long gestation industry. The typical project (concept to free cash flow) is set up over most of the typical business (or interest rate/liquidity) cycle. Hence any steel company has to ride out a period of high liquidity and a cash crunch every time it sets up a greenfield capacity. Steelmen, therefore, are used to thinking in terms of a gestation period of 8 to 12 years. They simply have longer visibility than the financial markets.

On the flip side, they also know that an embedded player has a huge advantage. Sometimes you make extra money simply because you are sitting there. The Tatas have possibly projected a certain free cash flow grown at certain rate over a longer competitive advantage period than the markets are used to defining.

So who is right? Financial market players (my mental stereotype is of the Ketan Parekhs, Harshad Mehtas and the hedge funds of the world) or the steel industrialists? Are these market players any richer than the Tatas? Long-term investors don't necessarily do worse than spectacular wealth creators, found so commonly in the financial markets. You just have to decide what you want to be.

When Warren Buffet said, "Buy the business, not the scrip", this was what he meant. Let me explain this in detail.

I don't think too many people, bar the most cynical, are arguing that the Tata-Corus deal is going to reduce the total free cash flow (FCF) of the combined entity. Yes, there is a certain view that if the steel cycle turns, the FCF being projected will drop, but will it turn negative? And if it doesn't, then the payback will happen. Only the rate at which the payback will happen might get extended. That would increase the number of years taken to digest the acquisition.

This is what a value investor should seek. Whenever Mr Market turns apoplectic, but you find long-term, 'strategic' players who want to 'buy the business, not the scrip' on your side; go ahead, jump. This is the Buffet model. Once you know where the market stands, you should stand apart from the market. At this point in time, the broader market is definitely morose about Tata Steel. Yet, nobody is arguing with Mr Ratan Tata on his claims of "long-term value". The difference of opinion is only about the investment horizon.

Most of my regular readers would know that I am usually bearish, skeptical, 'negative'. This is especially true of the last couple of years, when I have been negative, even as I have myself joined the large mass of India's nouveau riche. Well, here is my recommendation - buy Tata Steel, and keep trading in the stock for five years (which is the payback period estimated by many analysts on current cash flows of the combined entity).

How do you trade? As you find the short-term (Mr. Market) marketmen get out, pace yourself and get in. Just like you buy a systematic investment plan (SIP), keep buying this stock on declines. Every time the stock recovers back to its previous high, sell what you bought at lower levels; then buy back the stock as it declines. This way, target to keep your average holding cost lower than the prevailing stock price. The stock will make a long, saucer-like pattern. Your average holding cost should track the falling price of the stock. As your average price drops, keep adding to your total holding. In other words, take your trading profits in the form of stock, not cash.

I will not speculate on how long the coming (down cycle?) will continue. The RBI has just hiked CRR rates again, clearly telling the country that they are determined to squeeze out liquidity till inflation slows down. As interest rates rise, the cost of capital in the markets will rise much more. That should bring temperance to the stock markets (and real estate, but that is a different story).

If you don't know how to trade, then you must buy and hold. That is a more difficult way to earn money, but Warren Buffet has proved that it can be equally profitable. For buy-and-hold investors, this would still count as a 'Buffet event', i.e., a sharp, apparently disastrous incident that looks spectacular, but does not impact the long-term prospects of the company. That is a cue for value investors to go bottom-fishing.

 

 


Asian Stocks (Must Read Article)

Asian Stocks

Of "Asian" flus and global cues…

With no "bottom" after the 10% decline over the past fortnight, the Indian markets are at it again – down 3.2% as we write! Indian equities are seemingly having a case of the Asian flu: benchmark indices in Japan, Singapore, Malaysia, China and Taiwan have just closed in the red (see graph below). These markets, in turn, are taking the "global" cue from a 1% decline witnessed in the US markets on Friday.

Fears of an economic slowdown in the US, China's proposed leash on speculative domestic capital and the realisation that the Indian economy is in an 'overheated' mode, have seemingly shaken investors belief whether the Indian stockmarkets, after a 4-year dream run, are actually a pretty 'risky' place!

A slowing economy….
We shall reiterate what we have been saying with respect to the economy overheating and the hanging sword of rising capital costs globally (and in India). We believe that there is a high probability that the Indian economy will slow down as the RBI is (correctly) determined to keep inflation under control by increasing interest rates and slowing demand.

…does not change our view.
Well, we are not surprised by the attempts by the RBI to slow the economy! We continue to believe that the Indian economy will grow at a rate of 7% to 7.5% per annum on a long-term sustainable basis. We continue to believe that earnings of India Inc. will grow at 15% per annum on a long-term sustainable basis. So do not get confused about the noise that will be created over a slower growth rate in the US economy or by the selling of FIIs that may cause the market to decline shaprly (as it did in May June 2006).

Focus on your portfolio, and your ability to take risks
The effect of a slowing economy will vary by sector: capital goods companies will possibly see a slowdown in orders; but technology companies may not be affected. However, the global decline in stock markets may see a further sell-off in Indian share markets. But do not let these near-term swings and "bull" and "bear" markets rattle you. There is a way to be immune to all the noise about the Asian flu and global cues. The smartest and most successful investors in the world tend to ignore such volatility and always invest with a long-term perspective – they are never concerned about the daily movements in stock prices

The events of the past week should have given you ample reason to reassess your portfolio exposure. The specific stocks you own (click to read our view on large-cap and mid-cap stocks) or the mutual funds you own ( meet a Personalfn representative ) must have a risk-return profile that suits your financial goals and your risk-taking ability. Never gamble in stocks and mutual funds, always invest rationally.


 
 
 
Markets: You are not alone!

"It's only when the tide goes out that you learn who's been swimming naked." - Warren Buffett
Did your stocks survive last two week's plunge? No? Well, you were not alone to have taken the hit! Data compiled for CNX Nifty stocks show that, during the period from 2nd February 2007 to 2nd March 2007 (28 days), all 50 of them lost ground, with the Nifty itself losing 11% during this period. What more, 23 of these (or 46% of the pack) are down on a yearly basis as well! As for the BSE-Sensex, all 30 stocks ended the 28-day period in the red.

Nifty: Top 10 losers
  02-Feb-07 02-Mar-07 Change 52-Week H/L
VSNL  505  360  -28.8% 516 / 300 
Grasim 2,811  2,097  -25.4% 2,940 / 1,455 
Hindalco 184  138  -25.2% 251 / 133 
Jet Airways 786  600  - 23.6% 1,058 / 475 
Guj. Ambuja 143  110  -23.1% 153 / 70 
OBC 219  174  -20.5% 280 / 139 
MTNL  169  135  -20.1% 229 / 123 
ACC 1,041  854  -17.9% 1,195 / 601 
PNB  517  427  -17.4% 582 / 300 
BHEL  2,502  2,098  - 16.1% 2,666 / 1,533 

The weakness in Indian equities over the past few sessions has been due to a combination of factors - most of them actually impacting the whole of global equity markets. China was simply the trigger, but the fears of slowdown in the US has an equal part to play if not more. And you know what, despite being the 'trigger' for the global 'collapse', China was the only one among the major global indices to end the stated period (2nd February 2007 to 2nd March 2007) in the positive!

Global equities: India 'leads' the pack!
Index Country 02-Feb-07 02-Mar-07 Change
BSE-Sensex India 14,404  12,886  -10.5%
Bovespa Brazil 44,998  42,370  -5.8%
Hang Seng Hong Kong 20,564  19,442  - 5.5%
CAC France 5,677  5,425  -4.4%
Straits Times Singapore 3,218  3,079  -4.3%
Dow Jones US 12,653  12,114  -4.3%
DAX Germany 6,886  6,603  -4.1%
NASDAQ US-Tech 1,798  1,726  -4.0%
FTSE UK 6,311  6,116  - 3.1%
Nikkei Japan 17,547  17,218  -1.9%
Shanghai Comp. China 2,673  2,832  5.9%

Source: Yahoo Finance
After the significant volatility witnessed in equities over the last two weeks, you must be wondering whether this is a sign of things to come. And why not! Following four strong years of stock market gains and sky rocketing valuations across sectors, it would not be out of doubt to believe that the markets may enter a prolonged period of selling (or correction). Whatever the case may be, recent events are certainly a reminder that there is, in fact, 'risk' in equity investing.

"Risk comes from not knowing what you're doing." - Warren Buffett

So, what are the lessons learned?
The past few weeks must have provided you with a great time to reassess your risk exposure. However, it would be folly to blindly sell off your stocks based solely on the recent events. While the latest market plunge might serve you a wake-up call, it should not be seen as a forecast that 'all' stocks are headed downward. In fact, now is a great time to make sure that you are invested in financially sound companies with strong business models and reasonable valuations.

Where to from here?
As we had mentioned in our view on the market after the Wednesday (February 28, 2007) fall, the recent decline should be taken as an opportunity to invest and build a long-term equity portfolio. Needless to say that the equity component of the overall asset allocation should be in line with one's risk-return profile. Overall, you, as a retail investor, should not shy away from equities given the recent decline in the stock market. Invest in good companies with strong business models ( i.e., ability to ride through cycles) from a three to five year perspective and do not worry about the day-to-day market movements.

Parting note (From Warren Buffett's Letter to Shareholders, 2000)
"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities -- that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future -- will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."



If you are bored at work!

If you find it very boring in the office...


1. Form a detective agency to find out who is quitting next.
2. Make blank calls to your Boss.
3. Send mails from lotus notes (outlook) to your internet mail (and
Immediately get to the internet and see who reaches
first, you or your Mail?) And read them there, and note down the time they
take to reach There. Then do vice versa.....!!
4. Rearrange the furniture, i.e. flick someone else\'s chair just to
Irritate him/her.
5. Count your fingers (and toes if you still get bored).
6. Watch other people changing their facial ex-press ions while working and
try changing your ex-press ions also.
7. Try to stretch status meetings as longer as possible, just by asking
Silly doubts.
8. Make faces at strangers in office.
9. Have a two hour lunch; it\'s a big social occasion.
10. Learn to whistle.
11. Revise last week\'s newspaper.
12. Hold "How fast my computer boots" competitions.
13. Practice aiming the coffee cup into the dustbin.
14. Compile "How to waste your day"
15. Pick up phone and dial non-existing nos.
16. Have work breaks in between tea.
17. Count maximum no of applications your computer can open at time.
18. For Win NT/95 users....Move things to Recycle bin and restore Them. Then
repeat this process.
19. Look at someone & try to imagine how(s) he might have looked when(s) he
Was 5 years old.
20. Read jokes and send jokes.
21. Make full use of the comfortable chair and table provided and take a
Nap.

And if you are still getting
bored.........................then
22. Fwd this mail to everyone u know....

Monday, March 05, 2007

rating from sitescore

Sitescore for vijayashankar.blogspot.com

We are currently experiencing technical difficulties with some aspects of the Sitescore reports, in particular Google rankings. These problems will be fixed shortly in the forthcoming release of Sitescore 2.
Web address



Summary
This report tested 5 pages of http://vijayashankar.blogspot.com (using Sitescore v1.8.2)

Marketing How well marketed, and popular the website is. 2.7
Design How well designed and built the website is. 9.6
Accessibility How accessible the website is, particularly to those with disabilities. 6.2
Experience How satisfying the website is likely to be. 7.7
Visitor rating Average user rating for this site's design (website needs more votes) No votes
(Vote for this site)
Overall Summary score for this website. 5.6


Visitor feedback
This website does not currently have any visitor feedback. You should try this report again later to see if anyone has rated this website.


Good / bad points
Warning point No websites appear to link to this website, making it extremely hard to find (more detail)
Warning point This website appears to be rarely visited (more detail)
Warning point This website makes no apparent use of interactivity throughout (more detail)
Warning point This website appears to be in violation of the British Disability Discrimination Act (more detail)
Excellent point This website is very quick to respond (more detail)
Excellent point Design makes proper use of modern technology (no table-based layout) (more detail)

Detailed breakdown
You can run live reports here, by creating a free user login account. This also allows you access more advanced features.

Rating summary (0.0 / 10) Popularity on Google Based on your webpage title, we guessed that your website / company name is "Vijay's space of thoughts". In the text on your homepage, these appear to be the most significant phrases:

1. vs
2. rs
3. links
4. vijay
5. super
6. post
7. posted
8. comments
9. comments links
10. park

We took the top 3 phrases and searched for them in Google, along with your website/company name.

No matches on Google were found at all.

The includes searches for Vijay's space of thoughts, links, rs, vs.

Question mark Recommendations: If your website is more than a month old, you should always aim to score within the top 10 results for a search for your website or company name, at least. Firstly, make sure your website is properly programmed, and makes proper use of title, heading and meta-tags - in particular your homepage. Ensure that your website contains text-based content that is relevant to those searching for your website. Then submit your website to all the search engines and applicable free directories you can.
Rating summary (0.0 / 10) Popularity ranking Your website appears to be visited so rarely that there is not accurate popularity information available - i.e. it is not in the top 10 million or so websites. This may not be the case if your website is only a few months old.

Question mark Recommendations: You can usually increase repeat visitors, by offering useful services or valuable content on your website (e.g. login area, downloads, forums). Ensure that your website is well linked to by others, and that you have submitted it effectively to all the relevant search engines. You should also ensure that your website is effectively designed to be promoted online - e.g. it makes proper use of titles, meta tags etc.
Rating summary (1.5 / 10) British legal requirements All pages were found in violation of the current W3C Web Content Accessibility Guidelines.

This website may be unlawful in Britain. The British Disability Discrimination Act makes it unlawful to discriminate against a disabled person by refusing to provide any service provided to members of the public - including websites.

Show error details (1386 errors found over 5 pages)Hide error details

Webpage http://vijayashankar.blogspot.com
1026 errors found - only displaying first 10 (see all results)
Line 276, column 26: document type does not allow element "div" here
Line 289, column 5: "table" not finished but containing element ended
Line 289, column 5: end tag for "table" omitted, but OMITTAG NO was specified
Line 276, column 27: start tag was here
Line 354, column 24: there is no attribute "src"
Line 354, column 345: there is no attribute "height"
Line 354, column 358: there is no attribute "width"
Line 354, column 377: there is no attribute "marginwidth"
Line 354, column 394: there is no attribute "marginheight"
Line 354, column 408: there is no attribute "scrolling"
Line 354, column 416: there is no attribute "id"

Webpage http://vijayashankar.blogspot.com/search/label/on%20making%20money
92 errors found - only displaying first 10 (see all results)
Line 276, column 26: document type does not allow element "div" here
Line 289, column 5: "table" not finished but containing element ended
Line 289, column 5: end tag for "table" omitted, but OMITTAG NO was specified
Line 276, column 27: start tag was here
Line 354, column 24: there is no attribute "src"
Line 354, column 345: there is no attribute "height"
Line 354, column 358: there is no attribute "width"
Line 354, column 377: there is no attribute "marginwidth"
Line 354, column 394: there is no attribute "marginheight"
Line 354, column 408: there is no attribute "scrolling"
Line 354, column 416: there is no attribute "id"

Webpage http://vijayashankar.blogspot.com/2007/03/on-making-money.html
122 errors found - only displaying first 10 (see all results)
Line 277, column 26: document type does not allow element "div" here
Line 290, column 5: "table" not finished but containing element ended
Line 290, column 5: end tag for "table" omitted, but OMITTAG NO was specified
Line 277, column 27: start tag was here
Line 355, column 24: there is no attribute "src"
Line 355, column 345: there is no attribute "height"
Line 355, column 358: there is no attribute "width"
Line 355, column 377: there is no attribute "marginwidth"
Line 355, column 394: there is no attribute "marginheight"
Line 355, column 408: there is no attribute "scrolling"
Line 355, column 416: there is no attribute "id"

Webpage http://vijayashankar.blogspot.com/search/label/power%20of%20internet
58 errors found - only displaying first 10 (see all results)
Line 276, column 26: document type does not allow element "div" here
Line 289, column 5: "table" not finished but containing element ended
Line 289, column 5: end tag for "table" omitted, but OMITTAG NO was specified
Line 276, column 27: start tag was here
Line 354, column 24: there is no attribute "src"
Line 354, column 345: there is no attribute "height"
Line 354, column 358: there is no attribute "width"
Line 354, column 377: there is no attribute "marginwidth"
Line 354, column 394: there is no attribute "marginheight"
Line 354, column 408: there is no attribute "scrolling"
Line 354, column 416: there is no attribute "id"

Webpage http://vijayashankar.blogspot.com/2007/03/fun-with-internet.html
88 errors found - only displaying first 10 (see all results)
Line 277, column 26: document type does not allow element "div" here
Line 290, column 5: "table" not finished but containing element ended
Line 290, column 5: end tag for "table" omitted, but OMITTAG NO was specified
Line 277, column 27: start tag was here
Line 355, column 24: there is no attribute "src"
Line 355, column 345: there is no attribute "height"
Line 355, column 358: there is no attribute "width"
Line 355, column 377: there is no attribute "marginwidth"
Line 355, column 394: there is no attribute "marginheight"
Line 355, column 408: there is no attribute "scrolling"
Line 355, column 416: there is no attribute "id"

Validation services courtesy of W3C Validator.

Question mark Recommendations: Pages should be redesigned to meet the W3C standards.
Rating summary (2.4 / 10) Links to No other websites were found linking to this website. (0 quality links, out of 0). (Note: If the website is less than a month old, this information may be inaccurate).

Question mark Recommendations: We suggest a minimum of 40 links to any given website, to ensure it is listed effectively by Google and other major search engines.

A large number of web directories, news and affiliate websites can be encouraged to link to you for free. Over time any reasonably successful website should pick up additional links as a matter of course.
Rating summary (2.5 / 10) Use of forms No forms were found in this website.

Forms are used to provide interactivity to a website, including search, login and subscription facilities. Although not required, they usually signify that a website is achieving more interactivity, and not simply displaying plain content on their pages.

Question mark Recommendations: Consider adding more interactive forms to the website. For example, a login area, a contact form, a request to join a mailing list.
Rating summary (6.2 / 10) Features The following feature was specifically identified: News. Generally, our analysis detected an average selection of text and features.
Rating summary (6.5 / 10) Use of page titles Some of your webpages share the same title.

Google and other search engines will not be able to easily determine the content within your different pages, and may mark you down accordingly.

Unique titles also help promote your website better for keywords you specify inside them.

We found the following unique page titles:

Page title No of times used
Vijay's space of thoughts 3 times
Vijay's space of thoughts: On Making Money! 1 times
Vijay's space of thoughts: fun with internet 1 times


Question mark Recommendations: Make sure that each of your webpages has a different title where appropriate. If your website is properly content managed this process can be automated.
Rating summary (7.1 / 10) Size of pages Webpages are reasonably sized and should display at a respectable speed.
Rating summary (8.6 / 10) Speed Your website responded in 0.39 seconds, and your homepage downloaded in 1.09 seconds. This is very fast and suggests your website is running on a sufficiently powerful web server.
Rating summary (10.0 / 10) Website icon This website includes a favourite icon. This is a nice touch.
Rating summary (10.0 / 10) Use of Interactive Elements Your website does not appear to include any advert keywords in your source files and therefore displays correctly to the user with a spam blocker enabled.

Rate your blog and see!

Rate your blog and see!

http://sitescore.silktide.com/

Nice comments.

I told you so?

I told you so?

http://www.nytimes.com/2007/03/05/technology/05daylight.html?ex=1330750800&en=089dc0000f845570&ei=5089&partner=rssyahoo&emc=rss

On Making Money!

On Making Money

You should know how you spend the money, everyday, on what.... The simple logic, you will know exactly where the money goes, then it also motivates your to earn more, which is very much needed as you would contemplate on you paycheck always isnt it?

I have been doing it since I returned from USA, and I was doing it here too! That is where I learnt it. During 1994, after I reached USA, in Planville CT, I found a free flyer in the Kroger store called "Penny Pincher", which was listing all the local business and tips and ideas to save money. Very rarely some coupons. I did get a blazer fixed free with a coupon!

Second advantage of noting your daily expenses, minute management, would be that you will know exactly how the inflation stands. This is also going to serve you with data about the FMCG, Auto, Retail sector, in a larger way. The more money you spend on such categories, will clearly tell about how much you should invest in a particular stock. As Warren Buffet says, dont invest in what you dont understand.

But even with my limited understanding of IT the dotcom boom bit me, and I did loose more than a lakh in the 2000-01 days in investing alone, other than blowing away 25 lakhs in my own money, running my won company (in Stealth Mode now - planning to revive soon).

There are three headings you should note down your incomes from - salary, retirals and bonus. Enough.

You can see the growth chart year over year. Also the month over month expense, will give a clear idea non what you are saving every month. Irrespective of the family size, your rate of increase should be at 10%. Thumb Rule.

This will give a cushion effect to take risks in investments or rainy days, for more money and to do things that you would love to do.

Also make sure, you enjoy once a while, other than the Beluga Caviar or your own private jet.

fun with internet

At least people have understood again the power of internet.

Lots of things can be done over net.

web2.0 is the king now.

Sunday, March 04, 2007

World Cup 2007 Schedule

event date / time venue
West Indies vs Pakistan Tuesday
March 13, 2007/00:00 Sabina Park (Jamaica)
Australia vs Scotland Wednesday
March 14, 2007/00:00 Sabina Park (Jamaica)
Kenya vs Canada Wednesday
March 14, 2007/00:00 Beausejour Stadium (St. Lucia)
Sri Lanka vs Bermuda Thursday
March 15, 2007/00:00 Queens Park Oval (Trinidad and Tobago)
Zimbabwe vs Ireland Thursday
March 15, 2007/00:00 Sabina Park (Jamaica)
South Africa vs Holland Friday
March 16, 2007/00:00 Warner Park Stadium (St. Kitts and Nevis)
England vs New Zealand Friday
March 16, 2007/00:00 Beausejour Stadium (St. Lucia)
India vs Bangladesh Saturday
March 17, 2007/00:00 Queens Park Oval (Trinidad and Tobago)
Pakistan vs Ireland Saturday
March 17, 2007/00:00 Sabina Park (Jamaica)
Australia vs Holland Sunday
March 18, 2007/00:00 Warner Park Stadium (St. Kitts and Nevis)
England vs Canada Sunday
March 18, 2007/00:00 Beausejour Stadium (St. Lucia)
India vs Bermuda Monday
March 19, 2007/00:00 Queens Park Oval (Trinidad and Tobago)
West Indies vs Zimbabwe Monday
March 19, 2007/00:00 Sabina Park (Jamaica)
South Africa vs Scotland Tuesday
March 20, 2007/00:00 Warner Park Stadium (St. Kitts and Nevis)
New Zealand vs Kenya Tuesday
March 20, 2007/00:00 Beausejour Stadium (St. Lucia)
Sri Lanka vs Bangladesh Wednesday
March 21, 2007/00:00 Queens Park Oval (Trinidad and Tobago)
Zimbabwe vs Pakistan Wednesday
March 21, 2007/00:00 Sabina Park (Jamaica)
Scotland vs Holland Thursday
March 22, 2007/00:00 Warner Park Stadium (St. Kitts and Nevis)
New Zealand vs Canada Thursday
March 22, 2007/00:00 Beausejour Stadium (St. Lucia)
India vs Sri Lanka Friday
March 23, 2007/00:00 Queens Park Oval (Trinidad and Tobago)
West Indies vs Ireland Friday
March 23, 2007/00:00 Sabina Park (Jamaica)
Australia vs South Africa Saturday
March 24, 2007/00:00 Warner Park Stadium (St. Kitts and Nevis)
England vs Kenya Saturday
March 24, 2007/00:00 Beausejour Stadium (St. Lucia)
Bermuda vs Bangladesh Sunday
March 25, 2007/00:00 Queens Park Oval (Trinidad and Tobago)
D2 vs A1 (Super Eight) Tuesday
March 27, 2007/00:00 Sir Vivian Richards Stadium (Antigua and Barbuda)
A2 vs B1 (Super Eight) Wednesday
March 28, 2007/00:00 Providence Stadium (Guyana)
D2 vs C1 (Super Eight) Thursday
March 29, 2007/00:00 Sir Vivian Richards Stadium (Antigua and Barbuda)
D1 vs C2 (Super Eight) Friday
March 30, 2007/00:00 Providence Stadium (Guyana)
A1 vs B2 (Super Eight) Saturday
March 31, 2007/00:00 Sir Vivian Richards Stadium (Antigua and Barbuda)
D2 vs B1 (Super Eight) Sunday
April 01, 2007/00:00 Providence Stadium (Guyana)
B2 vs C1 (Super Eight) Monday
April 02, 2007/00:00 Sir Vivian Richards Stadium (Antigua and Barbuda)
D1 vs A2 (Super Eight) Tuesday
April 03, 2007/00:00 Providence Stadium (Guyana)
C2 vs B1 (Super Eight) Wednesday
April 04, 2007/00:00 Sir Vivian Richards Stadium (Antigua and Barbuda)
B2 vs A2 (Super Eight) Saturday
April 07, 2007/00:00 Providence Stadium (Guyana)
A1 vs C2 (Super Eight) Sunday
April 08, 2007/00:00 Sir Vivian Richards Stadium (Antigua and Barbuda)
D1 vs C1 (Super Eight) Monday
April 09, 2007/00:00 Providence Stadium (Guyana)
D2 vs A2 (Super Eight) Tuesday
April 10, 2007/00:00 Queens Park (Grenada)
C2 vs B2 (Super Eight) Wednesday
April 11, 2007/00:00 Kensington Oval (Barbados)
B1 vs C1 (Super Eight) Thursday
April 12, 2007/00:00 Queens Park (Grenada)
A1 vs D1 (Super Eight) Friday
April 13, 2007/00:00 Kensington Oval (Barbados)
A2 vs C1 (Super Eight) Saturday
April 14, 2007/00:00 Queens Park (Grenada)
B2 vs D1 (Super Eight) Sunday
April 15, 2007/00:00 Kensington Oval (Barbados)
A1 vs B1 (Super Eight) Monday
April 16, 2007/00:00 Queens Park (Grenada)
A2 vs C2 (Super Eight) Tuesday
April 17, 2007/00:00 Kensington Oval (Barbados)
D1 vs B1 (Super Eight) Wednesday
April 18, 2007/00:00 Queens Park (Grenada)
D2 vs B2 (Super Eight) Thursday
April 19, 2007/00:00 Kensington Oval (Barbados)
A1 vs C1 (Super Eight) Friday
April 20, 2007/00:00 Queens Park (Grenada)
D2 vs C2 (Super Eight) Saturday
April 21, 2007/00:00 Kensington Oval (Barbados)
Semi Final 1: 2 vs 3 (Semi Finals) Tuesday
April 24, 2007/00:00 Sabina Park (Jamaica)
Semi Final 2: 1 vs 4 (Semi Finals) Wednesday
April 25, 2007/00:00 Beausejour Stadium (St. Lucia)
FINAL Saturday
April 28, 2007/00:00 Kensington Oval (Barbados)

Internet online business

Internet online business

This is the in thing for the Web2.0

Those who were lucky, started earlier... mostly matrimonial services... today you can find variants.

Otherwise, the costs are high.