New Year2009

"Happy New Year"
Lets greet the year with warm regards & best of hopes to create a new world of happiness and prosperity.




Thanks
Pamela

First Step Into Blogging

Hello All,

Today we witness great turmoil in the world of finance, big shots tumbling down, huge borrowings,mismatch in profit- loss visible in balance sheets, job cuts, job freeze and what not....
Cash Markets are worst hit with huge losses!! What's next??

Lets think in a bit different way!!A layman.... what will he do in this situation with sole income source being service sector?????

Little to save and bigger to spend meeting the needs of the festive season.Appropriate shall be to move into government bonds?? Mutual funds?? Well, Investing at this situation shall appear risky with doubts hovering all around for capital depreciation, Systematic Investments or Regular investments into units of Mutual Funds can be a good option in those funds which have proven past of being fundamentally strong can be good to buy in with a vision for long term capital appreciation which also starts a habit of forced savings.

Again it shall be time consuming to see the results thanks to present turmoil.However Gilt funds and Debt category funds can be good option to bet your money than to leave it idle in savings account with near invisible returns. Though all this sayings are being self perception towards the current financial scenario, it matters a lot regarding Risk appetite for any individual.

Thanks
Pamela