Money matters - Personal investing / finance

[ajnath]

Originally Posted by kongutamizhan

No, I guess anybody above the slab (1.8 L), and are salaried need not file because they are accounted for in TDS.

But as reported in Hindu paper salary earners whose income (salary income only with no other income) is below 5 lakh need not file return. Others with income of above 5 lakh have to file return.

Link: http://www.thehindu.com/todays-paper...cle1499280.ece

I don't know which one is correct. NDTV or Hindu

[reswaran]

Originally Posted by kongutamizhan

No, I guess anybody above the slab (1.8 L), and are salaried need not file because they are accounted for in TDS.

http://timesofindia.indiatimes.com/u...ow/7597876.cms

The above link says its only if the annual income is < 5 lakhs and if there is no other source of income. In case, say, if there is some income due to the maturity of some FDs...then the salaried employee should file the returns.

[greatchennai]

Good start -up from Kongu...

my few crappy ideas on Money matters :

Gold:

http://goldprice.org/

I used to buy Gold, whenever its falls to 6 months low...buy it local currency…because the net effect will be more, When GBP gets weak against USD its affect the gold price too...and go on...

UK FTSE Stocks:

My typical portfolio contains:

75% on Blue chips / FTSE 100
25% go on gambling - I mean investing on Oil drilling companies / Mining etc - gives you 50% returns overnight and 200% return on 1 year - Also downturn also vice versa - It all depneds on getting oil or water after 2000 meters deep drilling.....

Insiders info / rumours always pays and drains your money....

In UK up to 10000 GBP, non taxable on the trading accounts...

Taxes etc

If you do any contracting jobs , UK is one of the heaven place to get more take home salary than other places…And London is only place where you get best competitive packages on par with Manhattan / wall street amounts…

[kongutamizhan]

Originally Posted by spidermanusa

Historically gold and commodities have never offered a hedge against inflation. I invest in gold just for the ornamental sake and for a bit of diversification. I try not to make it more than 2% of my portfolio.

Wait a minute. Gold rose about 500% last decade. If this doesn't hedge inflation what does?

Okay here is a 30 year gold chart that explains in detail the reason for highs and lows. The data in this link is only till 2008 and obviously doesn't include the last 2.5 year run.

Gold prices has been pretty consistant except for the early 80's dip. The bank sell offs in late 90's like mentioned in BBC was poor timing by bank. And all these data anyways pertains to Europe and US for most part. Like Shyam said with growing power of Asia, Uncle Sam's currency printing spree, people looking for an alternative to $$, political unrests across the world all points North for Gold.

Having said all that, if you are thinking about using Gold as short-term hedge then forget it. Because of its volatality it might not work. But definitely a safe hedge for inflation long-term. If GOLD really starts behaving like GOLD (meaning moving in opposite direction to the market) unlike the last year or so, then it will be a good short-term hedge for your investment portfolio too. I think the trend already started now.

greatchennai,
Looks like you are an active trader. Been there done that Now I am in process of reducing my stock positions drastically and converting them all to funds. Infact I have close to 0% stocks and all funds on my tax advantaged accounts. I do still play around with stocks on my taxable accounts. Thinking of converting them all to ETF's too. Slowly turning into a Boglehead

Also didn't know that UK provides tax exemptions for a regular trading account upto 10000 pounds. Good info to know

[kongutamizhan]

By the how real estate prices are doing in TN? At places like CBE, MDU and Trichy I feel that the price the brokers (and builders) quote are ridiculously high and doesn't justify when compared to avg salary of a middle class. For that matter I personally think it's not justified in Chennai either.

Anyone thinks that there will be a pullback? All are citing IT parks as major reason for the inflated price for the past few years. In reality very few high paying jobs are added in those cities to justify that rise.

[kongutamizhan]

Originally Posted by greatchennai

Good start -up from Kongu...

my few crappy ideas on Money matters :

Gold:

http://goldprice.org/

I used to buy Gold, whenever its falls to 6 months low...buy it local currency…because the net effect will be more, When GBP gets weak against USD its affect the gold price too...and go on...

UK FTSE Stocks:

My typical portfolio contains:

75% on Blue chips / FTSE 100
25% go on gambling - I mean investing on Oil drilling companies / Mining etc - gives you 50% returns overnight and 200% return on 1 year - Also downturn also vice versa - It all depneds on getting oil or water after 2000 meters deep drilling.....

Insiders info / rumours always pays and drains your money....

In UK up to 10000 GBP, non taxable on the trading accounts...

Taxes etc

If you do any contracting jobs , UK is one of the heaven place to get more take home salary than other places…And London is only place where you get best competitive packages on par with Manhattan / wall street amounts…

By the way if you are investing in India specific or Emerging market funds can you suggest a few? I just started looking into it. Here is how my portfolio looks like. I just have to revamp it within the last year from primarily stock based to funds. With India (OR) Emerging markets I am thinking of rounding-off my portfolio and wait sitting doing nothing for next 5 years to see how it performs

I am looking for one on my taxable account.

In IRA's (Tax advantaged)
Target date fund from T Rowe Price - 65%
High yield bonds from Metropolitan West - 15%
Gold ETF - 12%
Vanguard REIT ETF - 8% (Just got started in this)

401K

Stable value Fund - 50%
Moderate growth Equity - 25%
S & P small caps - 25%

Taxable brokarage account

100% US stocks. Thinking of replacing them all and go for an Emerging Market OR India specific funds / ETFs like MINDX or EPI

[spidermanusa]

Originally Posted by kongutamizhan

Wait a minute. Gold rose about 500% last decade. If this doesn't hedge inflation what does?

Here is a inflation adjusted gold price chart in USD (the link has 2010 numbers). Someone buying gold in 1980 did not see any real increase till date. I concede that after 2009 has seen a real increase. You should ignore data before 1971 as that was the year USD was delinked wrt gold.
http://inflationdata.com/inflation/i...tion_chart.htm


Granted the above is with US inflation rate. India's inflation rate has been steady in the last decade too.

India inflation rate


This blog post has similar views to mine.
http://www.tflindia.in/2010/07/shoul...-gold-now.html

Originally Posted by kongutamizhan

Slowly turning into a Boglehead

I frequently read that site. I'm currently reading All about Asset Allocation by Richard Ferri. I recommend that book to anyone interested in investing for retirement.

[kongutamizhan]

Originally Posted by spidermanusa

Here is a inflation adjusted gold price chart in USD (the link has 2010 numbers). Someone buying gold in 1980 did not see any real increase till date. I concede that after 2009 has seen a real increase. You should ignore data before 1971 as that was the year USD was delinked wrt gold..

I guess you are taking that peak point just before that huge dip in early 80's for your comparison. If that's the only day I bought gold in my life during past 30 years then yes, you are correct!! But investing is all about Dollar cost averaging isn't? If you have invested with discipline in Gold every month / year then you should be laughing at inflation by now

Will check out the book you referred. I happened to read this once while waiting for my wife at Barnes & Nobles and it made me change my investing pattern. (Subsequently bought it and is a keeper, still refer to it a lot). Every investor mistake that it said people are bound to make, I made. Wish I read that little earlier in my life..

By the way let me know if you are researching into any emerging market funds as well.

[R2IChennai]

Originally Posted by kongutamizhan

I guess you are taking that peak point just before that huge dip in early 80's for your comparison. If that's the only day I bought gold in my life during past 30 years then yes, you are correct!! But investing is all about Dollar cost averaging isn't? If you have invested with discipline in Gold every month / year then you should be laughing at inflation by now

Will check out the book you referred. I happened to read this once while waiting for my wife at Barnes & Nobles and it made me change my investing pattern. (Subsequently bought it and is a keeper, still refer to it a lot). Every investor mistake that it said people are bound to make, I made. Wish I read that little earlier in my life..

By the way let me know if you are researching into any emerging market funds as well.

I love bogleheads for all the diversifying I did with active mfs I still managed to be around +\_ 1% of sp 500

[R2IChennai]

Originally Posted by kongutamizhan

By the how real estate prices are doing in TN? At places like CBE, MDU and Trichy I feel that the price the brokers (and builders) quote are ridiculously high and doesn't justify when compared to avg salary of a middle class. For that matter I personally think it's not justified in Chennai either.

Anyone thinks that there will be a pullback? All are citing IT parks as major reason for the inflated price for the past few years. In reality very few high paying jobs are added in those cities to justify that rise.

I get electric shock when I heard Salem prices leave alone chennai

[kongutamizhan]

Originally Posted by R2IChennai

I get electric shock when I heard Salem prices leave alone chennai

Hmm!! Are they talking in crores @ Salem yet?

[greatchennai]

Originally Posted by kongutamizhan

By the way if you are investing in India specific or Emerging market funds can you suggest a few? I just started looking into it. Here is how my portfolio looks like. I just have to revamp it within the last year from primarily stock based to funds. With India (OR) Emerging markets I am thinking of rounding-off my portfolio and wait sitting doing nothing for next 5 years to see how it performs

I am looking for one on my taxable account.

In IRA's (Tax advantaged)
Target date fund from T Rowe Price - 65%
High yield bonds from Metropolitan West - 15%
Gold ETF - 12%
Vanguard REIT ETF - 8% (Just got started in this)

401K

Stable value Fund - 50%
Moderate growth Equity - 25%
S & P small caps - 25%

Taxable brokarage account

100% US stocks. Thinking of replacing them all and go for an Emerging Market OR India specific funds / ETFs like MINDX or EPI

I am not active trader though shuffles the portfolio once in 2 months and working in investment bank having its own problems of getting approvals for each and every transactions.

India Trading Accounts: Trading on my mum and brother accounts – 30% Bluechip, 30% Mid cap and 40% on Mutual funds – Again once in a month use to buy funds/shares….. …

Tata motors zoomed to 7% in Monday alone….we need to wait for 2 years in UK and US to get this return…..

Now a days I am going for some blind bets on funds – Just select any of the top rated funds from www.valueresearchonline.com and invest it…..most of the times the alpha is less compared to index….

I am not a big fan pension funds and there are no tax advantages here on investing in any specific funds….so my UK funds are selected merely from 1 or 3 year returns…….Fidelity china / JP morgan BRIC etc….the returns may not match between US and UK..because of weakness in GBP…

Again, the biggest confusion is where to park our money – India or US/UK……I don’t have any clear plan how many years will be here…so spreading nearly half of my investments between places…

RE prices:

I was a big fan of investing in lands…but now I changing to more of apts etc….Have a ground in Saravanapatty/marudhamalai ..and few in chennai....bought 2 years before,,,,no much appreciation I noticed…

On Comparative grounds – My apartment went 2 times of my investment and where lands are struggling at even 50% increase in prices…..again the location counts…

[saysenthil]

@ Konguthamizhan :

Thank you Sir.. thank you for starting such a wonderful thread. I am keen to know more.

@ TShyam, greatchennai & others:
Thank you guys... Its really nice to see you that you share ur thoughts and experiences. I hope i could share my ideas too in the future following ur footsteps.

Really cool!

[TShyam]

More the number of people, better the quality and quantity of knowledge shared. You are definitely welcome to give your valuable inputs.

@KT: Intha thread ah konjam konjama NRI investment thread ah maathiteenga.

Regarding your discussion on real estate, I am surprised you are asking "in crores" Plots in small towns are going for 70-80 lacs. Prime land in Cbe are going for 4-5 crores. Do you expect prime land in Salem will sell in lacs? Ofcourse the commercial areas in Salem will go in crores.

I was a big fan of investing in lands…but now I changing to more of apts etc….Have a ground in Saravanapatty/marudhamalai ..and few in chennai....bought 2 years before,,,,no much appreciation I noticed…

On Comparative grounds – My apartment went 2 times of my investment and where lands are struggling at even 50% increase in prices…..again the location counts…

Here is a rule of thumb I can provide you. Land rate is a function of rent. In Chennai you can expect a return of anywhere between 3-5%.

For example, take a upcoming area like Madipakkam which has a high demand for properties. You can buy a 900-1000 sq.ft flat for around 30 lacs (say), you can earn a rental of 10000 p.m which means 120K for an year which is 4% of your investment.

Sooner or later, prices will always rise or fall to reflect this reality. If you find an apartment which gives higher returns (say 5% or more) go for it. More often the prices go up rather than the rent coming down.

Avoid apartments which give very low returns. For example take Oragadam. There are flats available there for 40 lacs or even 50 lacs. What is the rental income you can earn? Even if you find someone to rent it out to, you will be lucky to find people giving 6000 p.m. So maximum you will earn 72K per year which is 1.5% of your investment. Avoid these areas. No matter how much the sales guy try to convince you that it is a upcoming area - dont fall for it.

You can use the same method to buy vacant plots too. Just calculate how much you will earn if you develop the property and if it is more than say 3-4% (adding the development cost of course), that is a decent bet. In your case it seems you have made a smart bet on the apartment but not an equally good bet on the vacant land (but even 50% appreciation in 2 years is not bad at all by any measure considering that real estate was not in a bull market during that period).

Also dont invest in areas which have high investor interest (apartments in Oragadam, OMR). Always invest in areas where there is high end user interest. You will never lose money that way.

My current favorites are East and West Tambaram; Velacherry, Madipakkam, Medavakkam belt and adjacent areas on the south, Porur and Ambattur on the west and areas adjacent to Minjur, Ponneri and Panchetty in North Chennai. Grounds in these area is going for as little as 3 or 4 lac rupees!! North Chennai missed on the real estate boom of the last decade. I strongly beleive it is going to outperform this decade.

[R2IChennai]

Originally Posted by kongutamizhan

Hmm!! Are they talking in crores @ Salem yet?

Yes 3000rs per sq feet for lands in prime areas

[dineshpkm]

Originally Posted by R2IChennai

Yes 3000rs per sq feet for lands in prime areas

belive me or not.
we purchased land at 37rupee in 2006 at ayothiapattinam near salem. last year 2010 i sold it,guess the selling price???


250

[TShyam]

In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union budgets. The figure has grown every single year for which data are available. Corporate income tax written off in 2005-06 was Rs.34,618 crore. In the current budget, it is Rs.88,263 crore — an increase of 155 per cent. That is, the nation presently writes off over Rs.240 crore a day on average in corporate income tax. Oddly, that is also the daily average of illicit fund flows from India to foreign banks, according to a report of the Washington-based think tank, Global Financial Integrity.

The Rs.88,263 crore covers only corporate income tax write-offs. The figure does not include revenue foregone from higher exemption limits for wider sections of the public. Nor higher exemptions for senior citizens or (as in past budgets) for women. Just income tax for the big boys of the corporate world.

Pranab Mukherjee's latest budget, while writing off this gigantic sum for corporates, slashes thousands of crores from agriculture. As R. Ramakumar of the Tata Institute of Social Sciences (TISS) points out, the revenue expenditure on that sector “is to fall in absolute terms by Rs.5,568 crore. Within agriculture, the largest fall is to be in crop husbandry, with an absolute cut of Rs.4,477 crore.” Which probably signals the death of extension services, amongst other things, in the sector. In fact, “within economic services, the largest cuts are to be in Agriculture and Allied Services.”

Even Kapil Sibal cannot defend the revenue losses as notional. For the simple reason that each budget sums up these numbers clearly in tables within a section called ‘Statement of Revenue Foregone.' If we add to this corporate karza maafi, revenue foregone in customs and excise duty — also very largely benefiting the corporate world and better off sections of society — the amounts are stunning. What, for instance, are some of the major items on which revenue is foregone in customs duty? Try diamonds and gold. Not quite aam aadmi or aurat items. This accounts for the largest chunk of all customs revenue foregone in the current budget. That is, for Rs.48,798 crore. Or well over half of what it takes to run a universal PDS system each year. In three years preceding this one, the customs write-off on gold, diamonds and jewellery totalled Rs.95,675 crore.

Of course, this being India, every plunder of public money for private profit is a pro-poor measure. You can hear the argument already: the huge bonanza for the gold and diamond crowd was only to save the jobs of poor workers in the midst of a global economic crisis. Touching. Only it didn't save a single job in Surat or elsewhere. Many Oriya workers in that industry returned home jobless to Ganjam from Surat as the sector tanked. A few other workers took their own lives in desperation. Also, the indulgence for industry predates the 2008 crisis. Industry in Maharashtra gained massively from the Centre's Corporate Socialism. Yet, in three years before the 2008 crisis, workers in the State lost their jobs at an average of 1,800 a day.

Returning to the budget: There's also the head of ‘machinery' with its own huge customs duty concessions. That includes surely, the crores of rupees of sophisticated medical equipment imported by large corporate hospitals with almost no duty levied on it. The claim of providing 30 per cent of their beds free of charge to the poor — something that has never once happened — is an excuse to dole out these ‘benefits' (amongst others) to that multi-billion rupee industry. Total revenue foregone on customs duty in the present budget: Rs.1,74,418 crore. (Which does not include export credit-related numbers).

With excise, of course, comes the standard claim that revenues foregone on excise duty translate into lower prices for consumers. There is no evidence provided at all that this has actually happened. Not in the budget, not elsewhere. (Sounds more like the argument now making the rounds in some Tamil Nadu villages that nothing was looted in the 2G scam — that's the money translating into cheaper calls for the public). What is clearly visible is that the write-offs on excise directly benefit industry and business. Any indirect ‘passing on' to consumers is a speculative claim, not proven. Revenue foregone on account of excise duty in this budget: Rs.1,98,291 crore. Clearly more than the highest estimate of the 2G scam losses. (The preceding year: Rs.1,69,121 crore).

Also fascinating is that the same classes benefit in multiple ways from all three write-offs. But how much does revenue foregone under corporate income tax, excise and customs duty add up to across the years? We have baldly stated budget figures for six years starting 2005-06, when the total was Rs.2,29,108 crore. To the current budget where it is more than double that sum at Rs.4,60,972 crore. Add up the figures since 2005-06 and the grand total is Rs.21,25,023 crore. Or close to half a trillion U.S. dollars. That is not merely 12 times the 2G scam losses. It is equal to or bigger than the Rs.21 lakh crore sum that Global Financial Integrity tells us has been siphoned out of this country and illegally stashed away in foreign banks since 1948 ($ 462 billion). Only, this loot has happened in six years starting 2005-06. The current budget figure for these three heads is 101 per cent higher than it was in 2005-06 (see Table).

Unlike the illicit fund flows, this plunder has a fig leaf of legality. Unlike those flows, it is not the sum of many individual crimes. It is government policy. It is in the Union budget. And it is the largest conceivable transfer of wealth and resources to the wealthy and the corporate world that the media never look at. Oddly, the budget itself recognises how regressive this trend is. Last year's budget noted: “The amount of revenue foregone continues to increase year after year. As a percentage of aggregate tax collection, revenue foregone remains high and shows an increasing trend as far as corporate income tax is considered for the financial year 2008-09. In case of indirect taxes, the trend shows a significant increase for the financial years 2009-10 due to a reduction in customs and excise duties. Therefore, to reverse this trend, an expansion in the tax base is called for.”

Rewind a year further. The 2009-10 budget says the same thing in almost identical words. Only the last line is different: “Therefore it is necessary to reverse this trend to sustain the high tax buoyancy.” In the current budget, the paragraph is absent.

This is the government that has no money for a universal PDS or even an enhanced one. That cuts anyway meagre food subsidies from the largest hungry population in the planet. That, at a time of rising prices and a great food crisis. In a period when its own economic survey shows us that the daily average net per capita availability of foodgrain for the five year period 2005-09 is actually lower than it was in 1955-59 — half-a-century ago.

Vintage Sainath brilliant as usual. He explains how the smart people get around the system. If you are smart enough, you can use the article to find ways to become rich.

P.S: I can use other threads to show my holier than thou attitude, crib about the politicians, bureaucrats and rich corporates, give smartass public policy advice etc.. This thread is to make money (and keep it). So dont blame me for posting this article here.

http://www.thehindu.com/opinion/lead...?homepage=true

[Mr.Nellai]

[kongutamizhan]

Traditionally we Indians tend to consider Gold investments a notch higher than Silver. Future might change considering the run silver had the past year. Apart from recent past performance, silver's industrial demand is on high too which is expected to drive its prices higher

A nice article from Naanayam Vikatan

தங்கமா, வெள்ளியா?


சூடு பிடிக்கும் முதலீட்டுப் போட்டி!

'தங்கம், வெள்ளி - இந்த இரண்டில் உங்கள் சாய்ஸ் எது?’ என்கிற கேள்வியை நம் மக்களிடம் கேட்டால், 'முதலில் தங்கம், அடுத்து வெள்ளி’ என்பார்கள். கடந்த ஓராண்டு காலம் வரை இதுதான் உண்மை. ஆனால், இன்றைக்கோ நிலைமை தலைகீழ். தங்கம் நாலு கால் பாய்ச்சலில் விலை உயர்கிறது என்றால், வெள்ளியோ பத்து கால் பாய்ச்சலில் படபடக்கிறது. ஓராண்டுக்கு முன்பு ஆசை ஆசையாக தங்கம் வாங்கியவர்கள் இப்போது வெள்ளி தந்திருக்கும் லாபத்தைப் பார்த்து விட்டு, 'பேசமால் வெள்ளி வாங்கியிருக்கலாமோ’ என்று தாடையில் கை வைத்து ஒற்றை விரலை ஆட்டியபடி யோசிக்க ஆரம்பித்திருக்கிறார்கள். வெள்ளியின் விலை உயர்வு அந்த அளவுக்கு அபாரமாக இருக்கிறது. தற்போது தங்கத்துக்கும் வெள்ளிக்கும் நடக்கிற விலைப் போட்டியை பார்த்தால் 'சபாஷ் சரியான போட்டி’ என வீரப்பா ஸ்டைலில் கைதட்ட வைக்கிறது.

தங்கம் தந்த லாபம்!

ஓராண்டு காலத்துக்கு முன்பு ஒரு டிராய் அவுன்ஸ் (31 கிராம்) தங்கம் அமெரிக்க டாலரில் சுமார் 1,120 டாலருக்கு கொஞ்சம் அதிகம். ஆனால், இன்றைக்கோ அதே ஒரு அவுன்ஸ் தங்கத்தின் விலை 1,420 டாலர். கிட்டத்தட்ட 300 டாலருக்கு மேல் தங்கம் விலை உயர்ந்திருக்கிறது! இதே விலையுயர்வை நம் மதிப்பில் சொல்ல வேண்டும் என்றால் ஓராண்டுக்கு முன்பு ஒரு கிராம் தங்கத்தின் விலை சுமார் 1,600 ரூபாய். அதே தங்கம் இப்போது 2,075 ரூபாய்!

கடந்த பிப்ரவரி மாதத்தில் மட்டும் தங்கத்தின் விலை ஆறு சதவிகிதம் விலை ஏற்றம் கண்டது. லிபியா போன்ற மத்திய கிழக்கு நாடுகளில் ஏற்பட்டுள்ள அரசியல் நெருக்கடிகள், வளரும் நாடுகளில் அதிகரித்து வரும் பணவீக்கம், அதிகரித்து வரும் பொருளாதார நெருக்கடி போன்ற காரணங்களுக்காக உலகெங்கும் தங்கத்தில் முதலீடு செய்வது அதிகரித்து வருகிறது.

உலகில் அதிக தங்க நுகர்வோர்களைக் கொண்ட இந்தியாவில் ஜனவரி மாதத்தில் தங்க இறக்குமதி 18% அதிகரித்தது. ஆனால் பிப்ரவரியில் 55% இறக்குமதி குறைந்து போனது. இதற்கு காரணம் இந்திய வங்கிகள் வட்டி விகிதங்களை அதிகரித்ததுதான். 2010-ல் இந்தியாவில் தங்கத்தின் தேவை 66% அதிகரித்து, 963 டன்னாக ஆனது. இதன் மதிப்பு 43 பில்லியன் டாலர் (இந்திய மதிப்பில் சுமார் 1,93,500 லட்சம் கோடி ரூபாய்!).

இப்போது நம் மக்கள் தங்க இ.டி.எஃப்-களையும் தாராளமாக வாங்க ஆரம்பித்துவிட்டார்கள். 2010-ன் முடிவில் உலகளவில் 2,175 டன் இ.டி.எஃப்-பில் முதலீடு செய்யப்பட்டிருக்கிறது. இதன் மதிப்பு 96 பில்லியன் டாலர்.

வெள்ளி தந்த லாபம்!

இனி வெள்ளி என்ன லாபம் கொடுத்தது என்று பார்ப்போம்.

ஓராண்டுக்கு முன்பு ஒரு அவுன்ஸ்(30 கிராம்) வெள்ளி சுமார் 17 டாலர். இன்று அதே வெள்ளி 34 டாலர். ஒரே ஆண்டில் அப்படியே டபுளாகி இருக்கிறது. இந்த விலையை நம் மதிப்பில் சொல்ல வேண்டும் என்றால் ஓராண்டுக்கு முன்பு ஒரு கிலோ வெள்ளி விலை சுமார் 26,000 ரூபாய். அதே வெள்ளி இன்று 53,000-த்தை தொட்டிருக்கிறது. நூற்றுக்கு நூறு சதவிகிதம் லாபம்.


தங்கமா? வெள்ளியா?

கடந்த ஓராண்டு கால லாபத்தை வைத்துப் பார்க்கும்போது இனி தங்கமா, வெள்ளியா என்ற கேள்வியைக் கேட்டால், வெள்ளிதான் என்று சட்டென சொல்லிவிடுவீர்கள். வெள்ளி முதலீடு இனி அள்ளித் தரும் என்பதற்கு ஐந்து காரணங்களைச் சொல்கிறார்கள் நிபுணர்கள். என்னென்ன காரணம்?

பயன்பாடு:

தங்கத்துக்கு ஆபரணப் பயன்பாடு மட்டுமே உண்டு. அதற்கு மேல் அதை அடகுக் கடையில் வைத்து பணம் வாங்கலாம். ஆனால் வெள்ளியைக் கொண்டு கலைப் பொருட்களைச் செய்யலாம். தொழிற்துறையிலும் பயன்படுத்தலாம். பலவிதமான எலெக்ட்ரானிக்ஸ் பொருட்களைத் தயார் செய்ய வெள்ளி ஒரு முக்கிய மூலப் பொருளாகப் பயன்படுத்தப்படுவது பலருக்கும் தெரியாத தகவல். சர்வதேச அளவில் தொழிற்துறைக்கு வெள்ளியின் தேவை மிக அதிகம். ஆபரணம், தொழிற்துறை என இரு விதங்களிலும் வெள்ளி பயன்படுவதால் எதிர்காலத்தில் அதன் விலை அதிகரிக்குமே ஒழிய, குறையாது.


விலை:

கடந்த முப்பது ஆண்டுகளில் தங்கம் விலை ஏகத்துக்கும் உயர்ந்துவிட்டது. தங்கத்தோடு ஒப்பிடும் போது வெள்ளியின் விலை கொஞ்சம் சகாயம்தான். ஒரு அவுன்ஸ் தங்கத்தை வாங்குகிற பணத்தில் 40 அவுன்ஸ் வெள்ளியை வாங்கிவிடலாம் என்பது இதற்கிருக்கும் தனிச்சிறப்பு.

அள்ளித் தந்த வெள்ளி:

கடந்த காலங்களில் தங்கம் கொடுத்த லாபத்தை வெள்ளி கொடுக்கவில்லை. 1975 முதல் இன்று வரை பார்த்தால், தங்கம் 650% லாபம் தந்திருக்கிறது. ஆனால் வெள்ளியோ (1984 முதல்) வெறும் 282% மட்டுமே லாபம் தந்திருக்கிறது. எனவே, இனிவரும் காலத்தில் தங்கம் விலை உயர்வது குறைந்து, வெள்ளி விலை ஏகத்துக்கு உயர வாய்ப்புண்டு.


அதிகரிக்கும் முதலீடு:

உலக அளவில் பெரும் பணக்காரர்கள் தங்கத்துக்கு இருக்கும் 'வீக்’கான எதிர்காலத் தைக் கண்டு பயந்து, அதை விற்றுவிட்டு, வெள்ளியை வாங்கத் தொடங்கி இருக்கிறார்கள். இதனால் அதன் விலை ஏகத்துக்கும் உயர ஆரம்பித்திருக்கிறது.

தங்கம் - வெள்ளி ரேஷியோ:

மேற்சொன்ன நான்கு காரணங்களைவிட முக்கியமான காரணம் இது. உலக அளவில் ஒரு அவுன்ஸ் தங்கத்துக்கு 36 அவுன்ஸ் வெள்ளி வாங்க முடியும் என்பது ஓரளவுக்கு சரியான விகிதம்.

1985-ல் ஒரு அவுன்ஸ் தங்கம் வாங்குகிற பணத்தில் 49 அவுன்ஸ் வெள்ளி வாங்க முடிந்தது. ஆனால், இன்றோ ஒரு அவுன்ஸ் தங்கத்தை வாங்குகிற பணத்தில் 42 அவுன்ஸ் வெள்ளியை வாங்கலாம். 13 ஆண்டுகளுக்குப் பிறகு இப்போதுதான் தங்கம் - வெள்ளி விலை விகிதம் குறைந்துள்ளது. வரும் காலங்களில் இந்த விகிதம் இன்னும்கூட குறைய வாய்ப்பிருக்கிறது.

மேலே கூறியபடி ஒரு அவுன்ஸ் தங்கத்திற்கு 36 அவுன்ஸ் வெள்ளி வாங்குகிற நிலைமை வரும்போது, வெள்ளியின் விலை தற்போதைய விலையான 34 டாலரிலிருந்து 39 டாலருக்கு உயர்ந்துவிடும். இந்த கணக்கைப் புரிந்து கொண்ட சிலர் இப்போதே வெள்ளியை வாங்கிக் குவிக்க ஆரம்பித்துவிட்டார்கள்.

ஆனால், நம் மக்களோ வெள்ளி முதலீடு என்றால் கொஞ்சம் சுணங்கத்தான் செய்வார்கள்.இத்தனை நாளும் வெள்ளியை மூன்றாம் தரமாகப் பார்த்தது பழங்கதையாக இருந்துவிட்டுப் போகட்டும். இனியாவது நம்மவர்கள் வெள்ளியின் மகிமையை உணரட்டும். லாபம் குவிக்கட்டும்!

[spidermanusa]

அரட்டை அரங்கத்துல அடிச்சது போதும் இங்க வந்து கொஞ்சம் தெளிவு படுத்துங்க.

Topic: Life Insurance

What is a good plan for life insurance - Term or Endowment? I tried looking at the various plans on LICs website and got confused. Is it a good idea to have cash value add up in your insurance? I'm torn between getting a death benefit or sum assured option. What are the expert thoughts here?