Wednesday, December 11, 2013

Free Mutual Funds SIP investment

Mutual funds are relatively safer and convenient route to invest in stock market. You can divide the sum you want to invest in 2 chunks, use first chunk to invest in primary or secondary markets and use other chunk for mutual funds using SIPs.
 Though you can either go through a broker ( online or offline) or directly invest with the MFs , there are some providers who offer this service for free. FundsIndia is one such provider. Best part is you can invest additional amount apart from your existing SIPs , when markets are running low. Typically just check the top performing funds in last 5 yrs and start the SIP. For more than average returns , stay invested for at least 3 + years and keep reviewing performance occasionally.

Monday, December 9, 2013

Stock Markets and Gold Rates in India after recent elections

After the recent election results in four states in India, where BJP came out to be clear winner, chances are bright that Indian stock markets will become stronger. However until there is clarity about who is forming government in Delhi, it might be just a temporary sentimental rally.
Though it should not affect the long term investors but very short term trader could make some money.
It could also affect the bullion, both Gold and Silver rates for a short period. Rupee also might emerge stronger.
But again, it's still more wait and watch situation and should not be any solid basis for Sensex crossing 22000.
Best bet should be the Nifty 50 stocks and and 30 Sensex stocks for the short term trading.