Friday, December 28, 2012

famous financial quotes

The real measure of your wealth is how much you'd be worth if you lost all your money.

Only when the last tree has died and the last river been poisoned and the last fish been caught will we realise we cannot eat money.  ~Cree Indian Proverb

Waste your money and you're only out of money, but waste your time and you've lost a part of your life.  ~Michael Leboeuf

No matter how hard you hug your money, it never hugs back

"Your money, or your life."  We know what to do when a burglar makes this demand of us, but not when God does.  ~Mignon McLaughlin

A bank is a place that will lend you money if you can prove that you don't need it.  ~Bob Hope

Business is the art of extracting money from another man's pocket without resorting to violence.  ~Max Amsterdam

If you lend someone $20, and never see that person again, it was probably worth it.  ~Author Unknown

Money is like manure.  You have to spread it around or it smells.  ~J. Paul Getty

Too much money is as demoralizing as too little, and there's no such thing as exactly enough.  ~Mignon McLaughlin

Money often costs too much.  ~Ralph Waldo Emerson

If you make money your god, it will plague you like the devil.  ~Henry Fielding

Never call an accountant a credit to his profession; a good accountant is a debit to his profession.  ~Charles J.C. Lyall

The economy depends about as much on economists as the weather does on weather forecasters.  ~Jean-Paul Kauffmann

The little money I have - that is my wealth, but the things I have for which I would not take money, that is my treasure.  ~Robert Brault

October:  This is one of the peculiarly dangerous months to speculate in stocks in.  The others are July, January, September, April, November, May, March, June, December, August and February.  ~Mark Twain,

If inflation continues to soar, you're going to have to work like a dog just to live like one.  ~George Gobel

In the old days a man who saved money was a miser; nowadays he's a wonder.  ~Author Unknown

Those who believe money can do everything are frequently prepared to do everything for money.  ~Author Unknown

Put not your trust in money, but put your money in trust.  ~Oliver Wendell

If money is your hope for independence you will never have it.  The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.  ~Henry Ford

A dollar picked up in the road is more satisfaction to us than the 99 which we had to work for, and the money won at Faro or in the stock market snuggles into our hearts in the same way.  ~Mark Twain

The best way for a person to have happy thoughts is to count his blessings and not his cash.  ~Author Unknown

Do not value money for any more nor any less than its worth; it is a good servant but a bad master.  ~Alexandre Dumas fils

If the nation's economists were laid end to end, they would point in all directions.  ~Arthur H. Motley

Empty pockets never held anyone back.  Only empty heads and empty hearts can do that.  ~Norman Vincent Peale

He is rich or poor according to what he is, not according to what he has.  ~Henry Ward Beecher

Money and women.  They're two of the strongest things in the world.  The things you do for a woman you wouldn't do for anything else.  Same with money.  ~Satchel Paige

We ought to change the legend on our money from "In God We Trust" to "In Money We Trust."  Because, as a nation, we've got far more faith in money these days than we do in God.  ~Arthur Hoppe

Ordinary riches can be stolen; real riches cannot.  In your soul are infinitely precious things that cannot be taken from you.  ~Oscar Wilde

Thursday, October 27, 2011

savings account interest rates set to raise - stock market investment strategies

RBI today deregulated interest rates. this is set to trigger a competition among bank to spice up the interest rates in order to attract money into their banks. This is going to be beneficial to the end user regarded more as the RBI's diwali gift.

Is this going to have an effect on the stock market? If the banks provide guaranteed income to the investor then who would like to invest in more riskier investments like stocks. Gold which used to provide a safer investment also looks very volatile since its now traded like other stocks. So this move is customer friendly and is sure to have an impact on the stock market, but need to keep a close watch on how much will it impact.

Banks have started increasing interest rates for savings bank deposits. Banks that have relatively low savings deposits are luring the customers to open savings account in their banks. Banks that have more savings deposits are not expected to hike the interest rates unless large  number of people start moving out of their banks. Surely this is going to help the customers, however the affect may be slow.

Saturday, September 17, 2011

stock market investment strategies - invest in gold - an in depth analysis

Is it a good time to invest in Gold?

Gold has seen a huge upside in the last couple of years. Is it sustainable?

Well, the answer for this is not predictable. This is due to the recent listing of gold in stock markets. Now-a-days Gold is being traded so heavily in the stock market that the volatility that usually is associated with stocks is now seen in the rates of Gold.

However, Gold being a metal is seen as much safer option than stocks, since many believe that the value of natural resources cannot come down too much. There may be volatility but the price of gold crashing down like stocks is surely not expected.

If you see the normal trend, whenever the stocks go down then the gold prices go up. This is due to the fact that if stock is not reliable, people feel it better to invest in safer resources like gold. However, I feel this model is not going to last long. If ever there is a slowdown then the purchasing power of people also go down, so the price of gold will come down along with it. People who have gold at the time of slowdown also would like to demand money in exchange of gold contributing to the decrease in the price.

According to me, the role of Gold in your portfolio can be max of 20%. What is your opinion?