An Open Letter To Prime Minister Of India

 

Dear Mr. PM,

How are you doing today? Intelligence Bureau and paid media may be supporting you but people don’t. Look back what have you done. Infiltrated Pakistanis and Bangladeshis into India and feeding them while poor waits for food and continuous rotting of food grains take place at govt. warehouses. Letting unqualified persons into jobs on the basis of caste while you yourself would go for a doctor based on his merits rather than caste. Let me ask you a question: Why not allow reservation in Indian Cricket Team? After all SC and ST are not getting proper reservation in Cricket. Why not reduce yours and other MPs salary to Rs. 32/day since a person getting more than that isn’t poor.

What will you do with all these money lying in Swiss banks? Surely you can’t use that money publicly. You will have same fate as that of Mr. Vilas Rao Deshmukh. You’ll die without using it (LOL) and India’s money will become Swiss‘s property.Or would you like to transfer that money to your “hell” account and enjoy it there.

Either be an “Underachiever” and be a shame to your country or step down, you’ve got no choices.

A great man once said: “Don’t waste your life trying to impress others, do what you love, love what you love.”

What is this Mr. PM? ACT NOW.

 

With Regards,

People of India

 

How To Advertise For Free And Increase Customers

I found this great and amazing way while checking a new e-commerce site.

What companies generally do is they launch several advertising campaigns, spend thousands and millions of rupees/dollars to get popular. They compensate for this cost by increasing their products prices by several times. Eventually people buy their products and in most cases the companies succeed.

However, this new way, which I’m going to present to you in a few moments, increases customers almost 4X times than that by advertising and at almost zero or little cost. In addition to this, this method establishes more trust between the company and the customers than that by advertising.

Let me explain this method by an example. Suppose a company X advertises its products and sells a ball-point pen at Rs. 100 (It sells many products including ball-point pen but advertises only about the pen). The company procured this pen at Rs. 50. It’ll take a certain amount of time (several months) to recover the advertising costs and finally start making profits.

The same pen is sold by many other companies between Rs. 90 to Rs. 100 (It is assumed that all companies procures the pen at Rs. 50 and all are e-commerce companies) Depending upon the advertising and competitors policies, the company X may or may not make profits from that pen.

Now, there comes a new company Y in the market which don’t advertises its products. The money saved by not doing advertising is invested in lowering of profits for a few months, i.e. it sells the very same pen at Rs. 60 or even Rs. 50. Now you see, when a person hears this offer, he/she tells his/her friends about this and they in turn do the same to their friends and colleagues. They do this because they are getting a quality pen at almost half the market rate. This situation creates latent advertising.

Clearly, company Y now sells much more items than company X.

When customers finally receive the quality pen at a much cheaper rate, they automatically trust the company more and tell their friends more about it. After the company Y has build trust and has a large no. of customers, it becomes a mainstream company like X and can sell other products at normal prices because the customers won’t switch back to X to buy products unless they see a very good offer.

Hope you enjoyed the article and may apply this principle in your daily life.

Your valuable thoughts and feedback is invited.

Why You Should Invest In Stock Markets

A lot of people says, share market is for rich people and it’s gambling. NONSENSE!

If you are not rich, then you must invest in share market to get rich and if you follow some simple common sense then it’s a science not gambling.

You can start with Rs. 1000 or even Rs. 500. No need of requiring lacs of rupees.

Investing is all about using your common sense and buying those shares which go up in value.

Invest in those companies which are making profits and are expected to do so in coming years too. You just have to sit and relax and watch your shares value going high automatically.

For example, instead of buying a piece of land and then selling it at a higher price after some years with incurring headache, buying and selling problems, looking for buyers, paying taxes every year and doing so much work, you can simply buy a real estate company’s shares which is making profit. You have to pay tax only one time (during selling), you don’t have to look for buyers, you don’t have to meet and talk to the buyers, almost minimum paper work, you don’t have to pay bribe too. Isn’t it simple.

But still you might be thinking I don’t understand various financial terms. Don’t worry, I too didn’t know when I started. Just go ahead, open a Demat and a Trading account with any reputed brokerage firm and you will soon understand automatically.

Still have some doubts, then I recommend you must read some books on investing for beginners. Here’s my earlier post about the books-  http://theleanweb.wordpress.com/2012/04/01/top-4-books-for-investing-in-stock-markets/

Happy Investing.

A Little Guide To Shopping Online In India

Probably you make most of your purchases online today, but most people don’t make the right choices. Here’s what you’d buy and what you shouldn’t.

You can buy: Books, Mobiles, Cameras, Computers, MP3 Players, Movies and Music DVDs, Watches, Perfumes and Deodorants.

You shouldn’t buy: Clothes, Eyewear, Grocery and Footwear.

1. Books are meant to be read and their knowledge to be applied. So go ahead, read as many books as possible from any store. My personal experiences suggest that for fastest delivery, buy from Flipkart.

2. While buying electronics items, buy only branded items and that too from a trusted and experienced site only. Also, check the specifications of the item you’re purchasing and check whether they’re compatible with your products back home.

3. Never buy clothes and other apparels from online shopping sites. You can’t tell a t-shirt will suit you or not until you wear it. Don’t go for free-return policy offers. It’ll consume your precious time besides mental pain.

4. Always check if previous buyers have given any rating to products or not. Buy online high-rated items.

5. If the site doesn’t deliver in your area but in other parts of your city, give that pincode in your address. The courier company will deliver your parcel without any problem.

6. Always prefer Net Banking payment method over Debit/Credit Card, it’s much safer, faster and easier.

I hope the article will help you. Always do your own research and don’t buy anything that you don’t need (Don’t go for “offers” and “deals”, they’ll waste your precious time).

Top 4 Books For Investing In Stock Markets

After many research, recommendations and suggestions and of course reading, I’ve found 4 great but simple books to gain knowledge on how to invest in stock markets. These books are information rich and provide great insight into the world of investing.

These books are intended for the following persons:

1. People who have no idea about the stock markets, how they work, how markets create wealth, how someone can get rich in the stock market, what are the risks / advantages, how to get started, etc.

2. People who fear the stock markets because they believe it’s risky.

3. People who are looking to broaden their perspective when it comes to various investments – Fixed deposits, real estate, gold, commodities, mutual funds, equities, etc.

4. People who have issues with money management (spendthrifts) and those who harbour erroneous beliefs about money (money is evil, money is hard to earn, etc.).

5. People who think it takes a lot of money to get started.

The wisdom in these books is priceless and will stay with you for a LIFETIME.

Click on the name to buy from flipkart-

1. The Intelligent Investor by Benjamin Graham

2. Beating The Street by Peter Lynch

3. Stocks To Riches: Insights On Investor Behavior by Parag Parikh

4. Invest The Happionaire Way by Yogesh Chabria

Hope you invest well and do pass on the knowledge, it’ll keep growing.

P.S. Please post the reviews or feedback in the comments. Thank You!