Build your professional network on facebook via our app Go to app
Mileend Nadekar Sr Officer - Credit, Deutsche Postbank Home Finance Ltd
 
Create knowledge [?]
 
(rate this)
Calculating your Net Worth So you think, you are well on your way to building wealth. Let us do a test to measure your current Net Worth: 1. Start with current market value of your major physical assets: house you are living in (if owned) + investment properties + bullion/jewelry. etc. 2. Add current market value of liquid and movable assets: mutual funds, stocks, bonds, bank accounts, derivatives, deposits, retirement accounts (PF), automobile(s), consumer durables (s) etc. Please note that automobiles and consumer durables would have depreciated in value and therefore use a reasonably accurate value of their market value 3. Add payout value (including target bonus) of endowment/investment...
VITHAL SURVASE  |  Commented  |  3 years ago
Nice one... Truely it makes sense of having track of ur Net Worth....
munindra pathak  |  Commented  |  3 years ago
Very good and simple to understand, even a layman can understand and calculate his net worth.
Sherin Devassy  |  Commented  |  3 years ago
visit this article in my blog and tell me is it enough for one to identify the network http://uliponline.blogspot.com/2008/05/what-is-your-personal-wealth-how-to.html
 
 
Insight: "Calculating your Net Worth" deleted from your view.
Undo
 
(rate this)
India mutual fund companies and foreign institutional investors (FII) appear to be betting in opposite directions for most of the recent Sensex growth. Data highlights this trend: 1. When Sensex jumped from 14,000 to 15,000, FII sold shares (net sales) worth 2372.10 crores while Indian mutual fund companies bought shares worth Rs 2891 crores (Rs 1 crore = Rs 10 million; US$ 1 = Rs 39.3) 2. Between 15000 and 16000, FII bought shares worth Rs 7307 while Indian mutual funds bought only Rs 667 crores 3. When Sensex moved from 16000 to 18000, FII bought shares worth Rs 24,372.3 crores while mutual fund companies sold (net sales) Rs 2182.21 crores 4. Between 18000 and 19000, FII bought Rs 7378.2 ...
RAVI TANDON  |  Commented  |  3 years ago
Whatever questions have been raised in this article makes lot of sense.It is surprising fact that Fund Managers look at the financial prospects of the same companies in opposite direction. when primary retail investors mis calculate, that is still...
 
 
Insight: "India Sensex Volatility - Mutual Funds vs Foreign Institutional Investors" deleted from your view.
Undo
 
(rate this)
Reverse Mortgages: Loan against your home Each country will have specific features for the product that need to be understood based on where the property is situated. The National Housing Bank (subsidiary of Reserve Bank of India) has described the principles of the product in a presentation dated Feb 2007. The presentation is available at http://www.nhb.org.in/ . To summarize, product features are: 1. Senior citizens in India are eligible. Main criteria are that one of the spouses needs to be a senior citizen and house where they live in India needs to have been fully paid up. Income criteria is not to be used for this loan 2. Loan is for a max term of 15 years and will be against the hous...
Suryanarayan Murthy  |  Commented  |  11 months ago
It is yet to catch up in India, I believe.
Chirag Kabani  |  Commented  |  3 years ago
10. The loan can be paid off at any time without any prepayment penalties. Most of Pvt banks Charge 2-4 % as pre-payment charges ... s thier a way u can ask for a waiver ..they Claim to say u have Signed the agreement before taking Loan
 
 
Insight: "Reverse Mortgages in India: Loan against your home" deleted from your view.
Undo
 
(rate this)
Risk appetite for individual investors in India Exuberance in stock markets (Sensex), of the type seen recently in India, often leads to individual investors behaving in one of two ways: Investing with the herd Never finding the right level to enter the market ! Both these outcomes have the potential to be painful for individual investors. When you invest with the herd, you are never really sure if you are picking ‘yesterday’s’ good news and therefore buying at close to peak. On the other hand, if you stay out of a rising market for too long, you are likely to miss out on significant gains. What should an investor do in such a case ? It comes back to thinking of investment as a long term ga...
 
 
Insight: "Risk appetite for individual investors in India" deleted from your view.
Undo
 
(rate this)
LOAN Loan is a type of debt. It entails the redistribution of financial assets over time, between the lender and the borrower. The borrower initially receives an amount of money from the lender, which they pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt. A borrower may be subject to certain restrictions known as loan covenants under the terms of the loan. Acting as a provider of loans is one of the principal task for a bank Legally, a loan is a contractual promise of a debtor to repay a sum of money in exchange for the promise of a creditor to give another sum of money. Types of loans ...
Jyoti Rath  |  Commented  |  3 years ago
A loan can bring you pleasure of what you dreamed off but make sure that you don't get trapped all way with paying loan for your entire life. I have seen few who let their loans kill them. So avoid loans and stop dealing with the stress, and...
 
 
Insight: "What is Loan" deleted from your view.
Undo
 
 
Answer: "How banks & corporates have exploited forex products & suffered huge losses ??" deleted from your view.
Undo
 
(rate this)
Padmanabhan R  |  Answered  |  2 years ago
REIT pool investments and invest in real estate either through properties or mortgages. It operates like a mutual fund and benefit from capital appreciation and get regular payments, rent. The important features are better liquidity and pass...
Sridhar Bojja  |  Answered  |  3 years ago
A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid...
 
 
Answer: "What is REIT (Real Estate Investment Trust) ? How does it work ?" deleted from your view.
Undo
 
(rate this)
Mileend Nadekar  |  Answered  |  4 years ago
Huge foreign capital has been a key driver to the surge in Indian stock market, but a possible outflow of FIIs has a potential to send the benchmark Sensex crashing down Since the country has a large budget deficit -- a considerable part of which...
 
 
Answer: "How FII are affecting sensex." deleted from your view.
Undo
 
(rate this)
Mohit Munjal  |  Answered  |  4 years ago
Fundamental analysis focusses on the financials of the Comapnies and value the co. based upon the earnings estimates as against technical analysis wherein future price is determined based upon share price movements. Fundamental analysis is...
Mohit Munjal  |  Answered  |  4 years ago
Fundamental analysis focusses on the financials of the Comapnies and value the co. based upon the earnings estimates as against technical analysis wherein future price is determined based upon share price movements. Fundamental analysis is...
 
 
Answer: "What is the Fundamental Analysis ? is it effective in actual market environment ??" deleted from your view.
Undo
 
(rate this)
Mileend Nadekar  |  Answered  |  4 years ago
Debt consolidation is like providing one loan to takeover many loans (banks view) It is like taking one loan to pay off others (customer's view)  Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but...
Sukumar Maity  |  Answered  |  4 years ago
There are several organisations that advertise in the National newspapers that pose as 'specialists' advising that if you owe over around £8,000 or more, they "can reduce your debts without the need to borrow". Theses "specialists" will offer...
 
 
Answer: " What is informal debt consolidation?" deleted from your view.
Undo
View more   
Follow me on
TooStep
 
 
Contributions and Connections
 
 
370 Contribution Points
0
0 Expert Badges
[?]
40
Connections
43
Following
5
Followers
[?]