Showing all posts tagged investment:

Investment Classics Books

Came across the below investment classics books today,To-read books list is increasing.. :(


Fishers, Philip A..Common Stocks and Uncommon Profits and Other Writings.Wiley, 1996. Proponent of growth and qualitative investing, Fisher is one of the leaders in modern investment theory; his book, first published in 1958, is still of value today.

Graham, Benjamin.The Intelligent Investor: A Book of Practical Counsel.Harper & Row, [1985], 1973. Graham's classic on value investing.

Lefevre, Edwin.Reminiscences of a Stock Operator.Wiley, 1994. A fictionalized version of Jesse Livermore's life, a stock market trader who made and lost several fortunes in his lifetime. First published in 1923, his book is still popular with today's investors.

Loeb, Gerald.The Battle for Investment Survival.Wiley, 1996. A prominent Wall Street broker when this book was first published in 1935, who had himself survived the 1929 market crash, Loeb warns of the perils of the stock market, sharing his own sometimes unconventional investment theories.

MacKay, Charles.Extraordinary Popular Delusions and the Madness of Crowds.Wiley, 1995. A nineteenth-century collection of real-life cautionary tales illustrating the dangers of following the crowd, especially in matters financial.

Schwed, Fred.Where Are the Customers' Yachts?, or, A Good Hard Look at Wall Street.Wiley, 1995. A professional leader who lost a lot of money during the stock market crash of 1929, Schwed wrote an entertaining send-up of Wall Street that is applicable today as it was when first published in 1940.

401(k) Plan

Today I took a bold step in retirement planning, Yes I opted for the 401(K) plan offered by my employer. I was reading through the plan documents, trying to understand the jargons. Added my wife as a primary beneficiary (100%) for the returns.

Though I am starting this baby step/investment with a small contribution, you are also getting your employer contribution towards this plan. This is very good thing, similar to our Employee Provident Fund (EPF) in India.

Also I learnt the differences between the Traditional 401(K) plan and ROTH schemes. In ROTH schemes, the final lump sum you will get is not taxable. In Traditional schemes, your contribution to 401 (K) is pretax and the final lump sum is taxable. Dont know which one is best, still do need to analyze it. For Now, I am happy that I took this baby step towards retirement planning since I already turned 30.

The bad thing is, not utilizing such provisions. I should have used this provision 2 yrs back, By now I will have considerable savings for my retirement if I acted earlier.

Of course, you can take loans from 401 (k) plans if you are badly in need of money too.

Happy learning and investing! Wish you all Healthy, Happy N Prosperous 2014!!

Gold bullion Analysis and Learning for Investment

Fluctuation in Gold Price this year was great, It sure was stumbled 2 months back anticipating the US govt moves regarding the Budget/Shutdown. Also curbing gold imports and imposing more tax on the Gold imports this year by Indian Government has more impact on the price, Considering India as one of the major consumer market for the pricey yellow metal.

Here are some links which I have followed for sometime, which gives more insights. Again I am planning to follow, Wish me best of luck.. ;)

Gold Investment and Learning:+ Weekly Gold Commentary - http://www.randrefinery.com/media_gold_weekly.htm + Info about Gold Bars/Bullion - http://www.goldbarsworldwide.com/+ Intro to Indian Gold Market - http://www.goldbarsworldwide.com/PDF/NR_1_Indian_Gold_Book.pdf + Daily Gold Commentary - http://www.randrefinery.com/media_gold_updates.htm + Gold Survey 2013 Presentation - http://www.gfms.co.uk/presentations/Gold_Survey_2013_Presentation.pdf + Trends & Insights by Valcambi (Leading Gold mining & Refinery co) - http://www.valcambi.com/trends-insights/ + Royal Canadian Mint - http://www.mint.ca/ + Unites States Mint - http://www.usmint.gov/ + World Gold Council - http://www.gold.org/ + Bullion Desk (London) - http://www.fastmarkets.com/thebulliondesk/gold + Gold Corp - http://www.goldcorp.com/ + Matthey - http://www.matthey.com/ Appreciate your comments, feedback and views.. Thanks and Happy Learning!