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When it comes to credit cards, being extra alert cannot hurt, because billings have a tendency to get messed up without warning Sometime at the end of August 2006, I used my Bobcard for the first time to make a $19 payment for my yahoo plus account. I had not used the card for almost a year...

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Sometime at the end of August 2006, I used my Bobcard for the first time to make a $19 payment for my yahoo plus account. I had not used the card for almost a year since it was issued to me; a debit card served my needs except for on-line payments. During that period, I had zero...

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You can use your career search as a learning ground to discover hidden facets of your personal and professional self How do you keep up with yourself? What tools do you use to assess how you are evolving as a person and as a manager? Most of us claim that we know our strengths and areas of...

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Capital protection fund is a new gimmick by mutual funds to attract money from you. Stay away from them In the 1990s, there were mutual funds that offered guaranteed returns. Every single one of these funds lost a substantial part of their capital. Amazingly, the regulator, Securities and...

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Looking for some thrill? A roller-coaster ride in an amusement park would be a cheaper and better alternative than this fund Mutual funds are getting more daring, coming out with schemes that defy all logic. ING Vysya has launched a three-year close-ended fund that will churn its portfolio,...

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Compulsory IPO grading will become a useful tool to evaluate investment New offerings are the biggest draw in the stock markets for retail investors. In the old days, dilutions by foreign companies created wealth for investors, albeit through a system akin to a lucky draw. With the advent of...

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Nashik realty receives a boost with its emergence as an educational hub and migration from neighbouring small towns To the northwest of Maharashtra, situated in the Western Ghats, on the banks of the river Godavari, Nashik is famous for a host of reasons. One them is that it is a religious...

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The world’s second largest hedge fund is run on an interesting philosophy Bridgewater Associates is probably the world’s second largest hedge fund group. Its single-manager fund had assets of $20.9 billion on June 30, 2006 according the magazine Alpha beaten narrowly by Goldman Sachs which had...

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India is a software powerhouse. But its IT security practices are pathetic and consumers should beware, says Sucheta Dalal Last June an employee with Hongkong Bank in Bangalore was arrested following an investigation into a theft of pound sterling 230,000 from a British customer’s account....

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This book is all about the nuts and bolts of investing science - if it can be called a science at all. The cornerstone of that science is modern portfolio theory (MPT), which is used by financial institutions worldwide, from the giant Wall Street firms to small financial advisors, to plan and...

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A fitness fanatic friend of ours slipped and badly injured his hip and wrists during the recent rains. His `huff and puff’ routine was in jeopardy. To get his daily workout, he even tried walking. But it wasn’t good enough. When a team from the University of Alberta compared a 10,000-step...

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Analysis by ML Research Desk 26 October 2006
Monthly Income Plans have disappointed over three months, six months and one year. Are MIPs worth buying at all? Has the possibility of excess returns gone out of this asset class? Analysis by ML Research Desk Mutual funds are known to capitalise on market fads and fancies to garner money...

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How Gujarat Ambuja Cements rehabilitated lands mined out at Kodinar Mining inevitably leads to changes in land use and alters livelihoods and landscapes. Over the past 20 years, the sector has been regulated through a series of legislations primarily for environmental protection. According an...

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Mutual funds are trying to get funds at no cost. It is an attempt to get money at all costs HDFC Mutual and Templeton Mutual funds are waiving entry and exit loads for Foreign Institutional Investors (FIIs), to attract money from them. FIIs and their sub-accounts can invest in Equity, Top 200,...

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Looking for some thrill? A roller-coaster ride in an amusement park would be a cheaper and better alternative than this fund Mutual funds are getting more daring, coming out with schemes that defy all logic. ING Vysya has launched a three-year close-ended fund that will churn its portfolio, try...

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DSP-Merrill Lynch has just filed an offer document to launch a mutual scheme that would invest in gold-based exchange traded funds. It becomes the third fund house after UTI and Benchmark to seek permission to launch gold funds. The fund idea is novel but would it make sense to go for it as and...

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Goonj is a unique effort to collect used household stuff for the needy, reports Sucheta Dalal It is the stated objective of Goonj (echo) that makes its commitment and realism stand out. It does not dole out huge amounts of money, does not to talk about wiping out poverty, but talks of taking...

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ML Research Desk 12 October 2006
How about stocks whose earnings are growing fast but their valuations are still reasonable? Call them bargain growth stocks. Our stock screen picked up some of these stocks and looked at them closely. Are these worth buying? ML Research Desk Analyses It is rare to find fast-growing...

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Not so fast. But with global growth expected to be muted, commodity prices will go sideways The commodities markets underwent one of their huge periodic selloffs in mid-September which has badly hit oil and precious metals. Crude futures prices, which was $27 in July 2001, had hit $78 in...

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The market is fully valued and Japanese money may be contracting again. The risks have gone up. But then, we have entered the six best months for stocks As we had predicted two months ago, a situation of benign interest rates and inflation have lifted stocks worldwide. The only speck on the...

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