Surfing the net for jobs? Beware of spammers
Hi Friends,
Check out this article from
www.economictimes.com detailing the numerous risks that job seekers are exposed to while seeking jobs over the internet. The article also mentions some safeguards to be adopted for a safe job search.
The online job search exposes you to the web of scammers leaving your personal data accessible to all.
Surfing the net for jobs? Beware of spammers Among various other things, technology and internet has made job hunting a much simpler exercise. A job seeker can post his/her resume for millions of prospective employers to see with just a click of the mouse. But beware! Millions of benefits aside, the online job search also exposes you to the web of scammers leaving your personal data wide open to the world, who can do anything under the sun with those vital statistics. And the intentions of those people who access your data under the garb of potential job providers are not always good.
The online job mart is emerging as a major hunting ground for those data acquirers, who sell this information for a good profit to those pesky tele-callers among others. This eventually leads to those irritating calls on your mobile phones selling you 'great deals' on credit cards, loans, brokerage accounts, holiday packages etc. What makes you more vulnerable to this online job search scam is the wide range of information available in your resume - ranging from your name and contact details to your job profile and income levels.
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Which mutual fund suits you the best
Hi Friends,
This article on www.economictimes.com details out the various types of mutual funds available in the market and their suitability for individual investors, depending upon their risk profile and the overall investment profile.
Which mutual fund suits you the best
Mirror, mirror on the wall, which is the best fund of them all? This seems to be the daunting question in the minds of all investors planning to park their money in mutual funds. While investing in mutual funds is considered to be much easier than building a portfolio of stocks on one’s own, the whole exercise is not really as simple as it appears. There are numerous types of mutual funds on the block, even if we do not consider the various copycat funds from different fund houses, focusing on similar sectors, indices and themes.
While the whole affair is not much of a task for seasoned investors, the beginners may feel lost in the jargon of open-ended, close-ended, equity, debt, diversified, tax gain, growth fund, income fund, bonus plan, diversified, balanced, sector funds and the alike. There are also the theme-based funds like achievers, super achievers, future leaders, leaders, tigers, rural India funds, three-in-one, hi-fi funds, etc to add to the confusion of the investors.
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Hi Friends,
We are seeing a lot of mutual funds taking onto the advertising route to lure the investors nowadays. Some of the ads are really great to watch, but the messages imparted by them are not always the right information for the investors.
In simple words, they all are promising the moon to the investors. While, the risk profile of mutual funds are undoubtedly lower than direct exposure to the stocks, even MFs are not devoid of market risks.
In this article on ET, I've tried to decode some of the common features of these ads that are promising very little short of assured and great returns.
Also, please check out this space for more safeguards and some basic tips to be followed before investing in MFs.
Wanna invest in MFs? Beware of the ad trapMutual funds are the toast of the season in the world of investment. Fund houses are coming up with new schemes with great fervour and the investors are lapping up every new offer with even greater enthusiasm. As a result, the MFs are garnering record-breaking cash collections with every new fund offer (NFO), while existing schemes are also being offered to the investors.
As per the recent data, the new Reliance Equity MF scheme collected a record of more than $1 billion nearly in its NFO, which is the first ever billion-dollar mop up by a new scheme in the India’s mutual fund history.
There is nothing wrong with investors showing this unforeseen attraction for mutual funds, especially the equity-focused funds, given the current state of Bull Run continuing for quite some time on the bourses and the recent budget proposals aimed at giving a boost to the MF investments.
However, what is a point of concern is the investment premise that is driving this bull run in the MF segment. Market observers believe that investors, especially the retail ones, are mostly following a herd-mentality and are primarily being driven by the greed to cash in on the ongoing record-breaking rally in the equity market - rather than cementing their investment decisions with proper analysis of the market trends.
Moreover, investors are falling prey to the advertising and promotional gimmicks of the fund houses which are promising the moon for the investors. More or less, all the fund houses assume that investors are gullible when it comes to investing their hard-earned money - at least the advertising campaigns run by various MF houses suggest in that direction.
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Too busy to manage your money? Check out these tips
Hi Friends,
Wish you all a happy and colourful holi.
Here goes my new article on
ET that might be helpful in this month of March, which besides Holi also brings along the deadline for meeting the year-end financial planning.
Plz continue goving your valuable comments
Barun
Too busy to manage your money? Check out these tips It's March again and everybody is running from pillar to post to get their financial books in order before the financial year ends on March 31. Questions ranging from how to save tax to where to invest without compromising on returns are in everyone's mind.
It has become an annual ritual to find the right avenues to park hard-earned money for getting maximum tax benefits and returns as well, once the month of March hits the calendar. And, the problem becomes more acute for those busy professionals who have been busy working throughout the year and lack the quality time to settle their financial problems.
In today's world, people are working harder and are also earning money more than ever before. However, managing money is harder than making it. Moreover, people are never satisfied with the amount of money and time on their hands. The yearning to earn more money leaves the people short of the time required to manage their everyday necessities, which also include managing their money and planning to make their future financially secure.
To make the matters worse, financial institutions keep on telling us through their glitzy advertisement campaigns that financial issues are too complex to handle on our own and they are always there to help us out of this messy world of money matters. But, there is nothing like a free lunch and all those helping hands also reach out to out pockets to withdraw a hefty price.
However, the things are not as much complex as they have been made out to be and people can comfortably manage their financial matters by following some simple and basic strategies. While, most of the people can easily manage their money books on their own, the select few in the higher income bracket can seek out the professional help, but at minimum possible costs. Here are some of the simple and effective strategies that might help out those busy people to get unscathed through the March fever.
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Dude! Does your credit card give job loss insurance?
Hello guys,
Here goes my new article on economictimes.com, which tries to clear the maze of various insurance covers being offered by credit card companies. Are they really some value-added services or plain marketing gimmick to lure more customers?
I've tries to find some answers..You can also add some more inputs on the topic.
Barun Jha
Dude! Does your credit card give job loss insurance? With the dogfight continuing to intensify in the industry to outsell each other, the banks are offering another ‘value-added service’ on their credit cards to further expand their customer base.
This time around, it is the ‘free’ insurance coverage for their card users that is being used as bait for the ignorant consumers .
And this is not about insuring against lost card, life, accident/disability or property alone, the banks are also planning to give you insurance coverage against unemployment and job losses.
Read Full Story HereThe Economic Times
What young pros can learn from Dhoni
Hi guys,
Here comes my new article. I've tried to draw some parallels betwn Dhoni and a young professional in any other job. Tell me if I've succeeded to hit it right.
Young Pros, here’s how you can Dhonify your careerBARUN JHA Brand Dhoni is the toast of the season, be it the arena of cricket or the ad world. Cricket fans are going crazy over the daring swash buckler, while advertising guys are chasing the dashing Dhoni with bags full of money both riding on the success of the new-found poster boy of Indian cricket.
But not merely fans or ad guys -- there are others who can benefit significantly by emulating the winning mantras of the big-striker. It is the young pros looking for their first jobs or those who have just started their career and are looking forward to a swift and fast ride up the ladder. In fact, even those in the middle of their career path, but still not satisfied with their graph so far, can benefit considerably from the Case Study Dhoni.
Read Full story http://economictimes.indiatimes.com/articleshow/1420552.cms
http://economictimes.indiatimes.com
Wanna trade online? Play smart with these tricks
BARUN JHA
Internet trading has made the whole exercise of investing in stocks really fast and easy. However, it is not that simple as it looks over the ground and many have burnt their hands while falling prey to the promises of convenience and fast-money offered by online brokerage firms. Online stock trading has opened the world of stocks to millions of wannabe investors who might not have considered playing the stock game otherwise. The get-rich-quick success stories have further boosted the attraction for trading online. The problem is that stories of biting the dust rarely get a similar coverage, though there are more stories of failure than of success.
The continuing bull-run in the market is another reason for investors queueing up to enter the world of online trading without sufficient knowledge of the market and without any prior home work. However, once the bears take control of market trends, even for a short period of time, the investors realise that it is the time to harness their knowledge and strategies for playing the stock market game.
The rule of the game is that though internet has made it stock trading simple, it has not changed the basic fundamental of smart investing. The investors still need to follow certain rules and guidelines to help them make money the smart way, no matter whether they invest online or through traditional ways. In fact, online trading sometimes requires some extra caution.
Here are some tips to help investors sail through this world wide web of online trading with not-so-easy, but smart, money. Read Full Story
