I agree that there is a huge influx of north indians to chennai,bangalore for education and IT ,management jobs. In fact they have become hate figures replacing the TBs. There are north vs south gang fights in engg and medical colleges in chennai and bangalore. these guys dating TB girls is an issue for fights
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Why business does not come to us naturally
- Thread starter vgane
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Krish44 – yesit is a trickle, but it is increasing. 5 yrs, no one was even talking about comingback. Now people are. I know at least 40 to 50 familes who have come back in myextended family, friends, colleagues etc..
Krish –
Abbreviations- VC = Venture Capital.
Yes, for TBs,Internet/Technology business is a better bet, where they can leverage their brains & come out ahead. I do not suggest restaurant business.
As far as Reality vs Stock Market on borrowed capital, my inputs are:
Reality Business:
Statisticalodds > 75%, Comparatively Safer (to stocks), need strong financial backers –so in case of cost over runs you can fund without struggle, residential properties are safer but returns are not huge, commercial properties are risky due to low occupancy but returns are sky high J , need to work with Govt agencies J, entrepreneurs need to spend a lot of their time working on the ground, lots of stress – so need to be super fit & co-ordinate among all the agencies, banks, VCs etc..
One can start small projects, take it slow, complete them, make good money & then expand slowly. Risk in reality is over expansion & then not having enough capital to manage.
Stock market:Statistical odds < 1%, very few fund managers beat the market consistently,individual players almost always lose money, even big punters lose out many times, so very risky. Gambler’s ruin – if one gamble’s longenough, one will eventually be ruined – Short term trading in stock market has this risk !!.
But if someone has 5 to 10 yrs direct experience in stock market, and more importantly is really really brilliant, then they can “give it a try”. Again the success rate still remains < 1%. Also even if some one really does well in the short term, no guarantees that they will do well in the long term.
Cheers,
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Krish - you can also look at Global online learning portal. while this is a crowded space, there are hardly any focusing on - Vedic/Sanskrit texts or Carnatic Music, this can become a Big Business. One can do this full time or do it on weekends working in a Job, also outsource the entire portal development to a small IT company & then only work on the content. Cheers,
tbs
0
hi
see the character in business....
?????????????? ??????: ???????????? ???????????? 2 ????? ???? - Dinamani - Tamil Daily News
see the character in business....
?????????????? ??????: ???????????? ???????????? 2 ????? ???? - Dinamani - Tamil Daily News
S
SANDHYAV
Guest
QUOTE FROM MONEYMATTERS
" customer care is more of a hope than a reality " interesting from a marketing professional (online)
" customer care is more of a hope than a reality " interesting from a marketing professional (online)
jk ji
you have been using the capital J frequently what does it mean
as far as real estate is concerned , I do not want to get get into building business
if I want to make money thru paper work collect capital -say 70l -1cr at say 10percent ,using credentials from housing agencies or nationalised banks
invest upto 20l of seed capital[ alternately over invoice to avoid putting your own money] and invest in decent place in a metro
resale in 1to 2 years on completion -bank on appreciation of realty get 20percent average return on total money. you may collect upto 25-30l profit.
this assumes at least 15-20percent appreciation of real estate per year which is the case in most metros. you end up getting 20-30lakhs profit. two to three deals in 2-3 years you collect a crore. not bad. why not
stocks give an average 30 percent . take only blue chips .index stocks in growth sector such as pharma ,it or defensive fmcg as a mix invest on delivery basis instead of derivatives or forward trading to reduce risks . you can make quite a bit
my view is easily you can be richer than 30 lakhs/yr by just trading in stocksand real estate staying in comfort of yr home and internet and paperwork which banking agents will do for you free.
what do you think . possible
in both examples, I have used common sense and not high ideas of finance.there is hardly any risk and oldies can do it without venturing out of home
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Krish –
Yes, you are on the right track here. Being conservative& playing safe is the way to go.
Real estate appreciation of 20 to 30% each year is notnecessarily true but possible, has happened in metros. In real estate, you need staying power – i.e,have enough money to wait through lean periods. But you will always come outahead if you play conservatively. Millions have done well here, so thestatistical odds are very high. Even if the property does not appreciate asmuch, you will still be able to sell it higher than cost + interest on borrowedcapital.
Risk is of course – clean papers, always better to investwith known builders like Sobha, puravankara etc..
Stocks – Buying& holding blue chip stocks on delivery basis is the best bet. Not indulgingin trading/derivates is the right way to go. But it is all about timing &holding the right stocks in the portfolio for long periods of time. Statisticalodds are not great even for buy & hold investors but decent. 100s ofmillions across the world have tried Warren Buffet model, but they have notbeen successful. Many stocks linger for years before they make dramatic moves. Soyears will be lost before someone see’s huge profits. But they provide decentreturns (5% to 15%) year on year, 20 to 30% is very ambitious !!
But agree, this is definitely a better option for TB seniorswho can do from home. Experience will come in handy here, particularly thosewho have spent a life time reading/following economic news, stocks etc...
Yes, you are on the right track here. Being conservative& playing safe is the way to go.
Real estate appreciation of 20 to 30% each year is notnecessarily true but possible, has happened in metros. In real estate, you need staying power – i.e,have enough money to wait through lean periods. But you will always come outahead if you play conservatively. Millions have done well here, so thestatistical odds are very high. Even if the property does not appreciate asmuch, you will still be able to sell it higher than cost + interest on borrowedcapital.
Risk is of course – clean papers, always better to investwith known builders like Sobha, puravankara etc..
Stocks – Buying& holding blue chip stocks on delivery basis is the best bet. Not indulgingin trading/derivates is the right way to go. But it is all about timing &holding the right stocks in the portfolio for long periods of time. Statisticalodds are not great even for buy & hold investors but decent. 100s ofmillions across the world have tried Warren Buffet model, but they have notbeen successful. Many stocks linger for years before they make dramatic moves. Soyears will be lost before someone see’s huge profits. But they provide decentreturns (5% to 15%) year on year, 20 to 30% is very ambitious !!
But agree, this is definitely a better option for TB seniorswho can do from home. Experience will come in handy here, particularly thosewho have spent a life time reading/following economic news, stocks etc...
tbs
0
hi jaykaysir,
nice advice....
i like to learn some more advice/options abt real estate/stock options....
S
SANDHYAV
Guest
I echo tbs' request on advise on real estate... i am continuing the discussion here by asking few q... 1. a word of mouth saying in metro -- do not sell any house these days, u will be able to sell, but u cannot buy a new one for the same price and space, really dont know what they mean... 2.i dont know if there is something called the " mood " in the real estate market. if back migration is only a trickle then i guess metro real estate will be like "central city london where there is definite profit in buying / mortgaging a house, when compared to suburban" 3. can a car park in big community housing in metros be sold separately and any experience in profit/loss of doing so.
QUOTE FROM A JOURNAL ON MARKETNG: small town areas marketing is word-of-mouth predominantly big cities marketing is more of not word-of-mouth...
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prasad1
Active member
I have not invested in India, the last time I did gain on investment but i lost on currency devaluation. NRI's investing in real estate have horror stories to tell. Unless you have some one trustworthy person managing it in India you are asking for trouble.
Of course you could have made lots of money by investing in India, and probably still can.
I am invested in USA, as the market is well regulated (?). The companies have to disclose a lot more information to the public than in other countries.
That is the reason India specific ADR is usa are not performing at the market level.
Of course you could have made lots of money by investing in India, and probably still can.
I am invested in USA, as the market is well regulated (?). The companies have to disclose a lot more information to the public than in other countries.
That is the reason India specific ADR is usa are not performing at the market level.
prasad1
Active member
The widening gap between the prices and affordability is pointing towards the speculative market practices. Even if the interest rates comes down to 9% level, still the prices need to undergo correction to the extent of 33% to attain the efficiencies of June 2009 . – From report of Liases Foras
Today, Two views are prevailing in Real Estate market. First Bull period is over in Real Estate and Second Real Estate will see recovery post General Election. Ironically, in both the situations, possibility of earning from real estate is insignificant in 2014.
In 2014, few factors will resist price rise in Real Estate sector. They are…
v In 2006, the median Home price was 5 years median salary of an individual, that has reached to 12-15 years median salary now. Main culprit is inflation. In last few years, inflation has outrun the wage hikes and median salary rise(increments) and that has created large gap between price and affordability. Inflation was benign in 2004-2007 years.
Please read the entire article here.
http://www.marketoracle.co.uk/Article43745.html
Actually some of the real estate prices in selected Delhi market has come down. My family members say that there is 5% drop in property value in 2013. Together with currency devaluation of 10%, potentially one can loose 15% of an illiquid asset.
Mr J might have a better perspective from India center view.
Today, Two views are prevailing in Real Estate market. First Bull period is over in Real Estate and Second Real Estate will see recovery post General Election. Ironically, in both the situations, possibility of earning from real estate is insignificant in 2014.
In 2014, few factors will resist price rise in Real Estate sector. They are…
v In 2006, the median Home price was 5 years median salary of an individual, that has reached to 12-15 years median salary now. Main culprit is inflation. In last few years, inflation has outrun the wage hikes and median salary rise(increments) and that has created large gap between price and affordability. Inflation was benign in 2004-2007 years.
Please read the entire article here.
http://www.marketoracle.co.uk/Article43745.html
Actually some of the real estate prices in selected Delhi market has come down. My family members say that there is 5% drop in property value in 2013. Together with currency devaluation of 10%, potentially one can loose 15% of an illiquid asset.
Mr J might have a better perspective from India center view.
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prasad1
Active member
For investing in USA
The healthcare industry, especially its biotechnology corner, gave an astounding performance last year with the S&P biotechnology select industry index returning about 70%. The performance has been exciting so far this year too, as evident from 15% return (as of January 31, 2014) and there is plenty of hope that this trend can continue through 2014.
Let’s dig a little deeper and take a look at the drivers of the performance (read: 3 Sector ETFs Surging to Start 2014):
The Guide to Surging Biotech ETFs - February 11, 2014 - Zacks.com
PowerShares Dynamic Biotech & Genome (PBE) -NYSEArca
44.20 Up 0.61(1.40%)
Performance Overview as of Jan 30, 2014
Performance Overview
Year to Date Return (Mkt): 13.25%
1-Year Total Return (Mkt): 69.19%
3-Year Total Return (Mkt): 25.54%
The healthcare industry, especially its biotechnology corner, gave an astounding performance last year with the S&P biotechnology select industry index returning about 70%. The performance has been exciting so far this year too, as evident from 15% return (as of January 31, 2014) and there is plenty of hope that this trend can continue through 2014.
Let’s dig a little deeper and take a look at the drivers of the performance (read: 3 Sector ETFs Surging to Start 2014):
The Guide to Surging Biotech ETFs - February 11, 2014 - Zacks.com
PowerShares Dynamic Biotech & Genome (PBE) -NYSEArca
44.20 Up 0.61(1.40%)
Performance Overview as of Jan 30, 2014
Performance Overview
Year to Date Return (Mkt): 13.25%
1-Year Total Return (Mkt): 69.19%
3-Year Total Return (Mkt): 25.54%
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Dear TBS,
Lets be clear – every investment has risks, not onlyIndia, but also elsewhere. Including bank FD’s, we know Banks can go bust. InIndia, if the Banks go down, you will get only 1 lac as compensation, even ifyou hold large amount of money.
Investing in realestate in India has many risks, no-doubt many have lost money investing withlocal small time builders, unclean papers leading to litigation, fake papersetc...
However if you stick to investing only with reputed/publiclylisted builders like Sobha/Puravankara & buy 1 property at a time withloans from Bank (you may not need loans, but it is always better to take some loanas the bank will verify the property papers inside out ensuring it is a saferinvestment), , you will come out ahead. Millions have done it, so we have a farbetter statistical odds here.
As always - needslot of research, lots of running around (for Senior TB, this can be a problem),investing only in very good areas – Metros, prime areas in small cities etc..
For NRI’s, going with such builders will help – because theycan invest from USA directly & some of the builders will also help to liquidatethe asset after the construction is complete or later.
Pl note, Real estate is an illiquid investment, does notprovide returns (rentals are 2 to 3% compared to FD/Debt fund returns).
Personally, my preference is NOT in real estate, becauseit is illiquid & does not give regular returns, till you sell it. But you should have real estate as one of your investment as a hedge against currency risks.
PS: I will create a separate post on how to manage one’smoney, what kind of portfolio one should look at.
Cheers,
Lets be clear – every investment has risks, not onlyIndia, but also elsewhere. Including bank FD’s, we know Banks can go bust. InIndia, if the Banks go down, you will get only 1 lac as compensation, even ifyou hold large amount of money.
Investing in realestate in India has many risks, no-doubt many have lost money investing withlocal small time builders, unclean papers leading to litigation, fake papersetc...
However if you stick to investing only with reputed/publiclylisted builders like Sobha/Puravankara & buy 1 property at a time withloans from Bank (you may not need loans, but it is always better to take some loanas the bank will verify the property papers inside out ensuring it is a saferinvestment), , you will come out ahead. Millions have done it, so we have a farbetter statistical odds here.
As always - needslot of research, lots of running around (for Senior TB, this can be a problem),investing only in very good areas – Metros, prime areas in small cities etc..
For NRI’s, going with such builders will help – because theycan invest from USA directly & some of the builders will also help to liquidatethe asset after the construction is complete or later.
Pl note, Real estate is an illiquid investment, does notprovide returns (rentals are 2 to 3% compared to FD/Debt fund returns).
Personally, my preference is NOT in real estate, becauseit is illiquid & does not give regular returns, till you sell it. But you should have real estate as one of your investment as a hedge against currency risks.
PS: I will create a separate post on how to manage one’smoney, what kind of portfolio one should look at.
Cheers,
S
SANDHYAV
Guest
bank FD CLARIFICATION:
SBI FD ? don't seem to have any problems for the last 6 yrs, we had ths problem with companies like ESWARI FINANCE, RAMESH CARS, etc in the 90s.
SBI FD ? don't seem to have any problems for the last 6 yrs, we had ths problem with companies like ESWARI FINANCE, RAMESH CARS, etc in the 90s.
It is better to put money in land especially suburbs of Chennai as appreciation is faster..In some cases you get over 20% return per annum in capital appreciation
For flats it is better you buy constructed properties (tho' slightly expensive) in good locations than under construction...If there is a delay in handover, your hard earned money will get stuck for 5-7 years
As far as rental is concerned suppose you get 3% initially..With inflation rentals also go up by 10-15% every year especially if it is a good locality so in about 5-6 years the rental yield doubled to 6% and in 10-12 years it will become 12% (of base investment)..And capital value would have become 4-5 times..Now sell that property and get better yields in some other property or business
All this requires a knack
I know a SSLC educated Tambrahm who is having 4 shops in Nanganallur & he gets rental from other places too
You need to have the will and the knack to do
Good luck!
I do not know where you are based . if you are abroad see a website R2I meant for people returning or planning to return to india see real estate section to see what your brethren are doing in india ant their comments on most builders ,a minehouse of info. on real estate in chennai,bangalore ,hyderabad. if you have a flat in centre of town ,do not sell it . convert into a service apartment and lease it thru top property managers or builders themselves .your returns will be very good due to location. some builders offer this facility.
do not go to suburbs though appreciation might be more. always stay in prime locations take a smaller flat in heart of town.
there is nothing called mood. there was a depression in 2008 due to mortgage crisis in in US. it is slowly picking up. however there is a weariness and caution due to slowness in economy and growth of less than 5 percent. IT and high paid professionals are cutting their losses by selling their second flats since they are getting only 5-8 percent rises in salary instead of 20 percent . there is a over supply in mumbai and delhi markets in luxury segments . bangalore -not too bad if they are big builders. chennai the growth is only in omr corridor and one or two places.
do not go for private cos FDs . they are notorious. stick to SBI or nationalised banks
I guess you are talking of U.S. Can you please advise me as to how I can invest there? (I am Indian citizen, living in South Africa).
for once modi's address to nasscom was not very political and sensible although not comfortable in english and breaking into hindi often . his appeal to consolidate CSR funds of all corporates and fund with IT enabled services in india on select indian projects such as reducing school dropouts and developing skills of youth in select sectors such as IT in india represent some out of the box thinking by politicians.
prasad1
Active member
Good post and good idea to have a separate thread.
prasad1
Active member
With my limited knowledge of International currency market, and local SA laws I am in NO position to advice you.
I am quite familiar with the US market and I do invest in ADR of foreign countries, but only from US market.
I can assist you in any way here is US.
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