Archive for the ‘Finance’ Category

Interesting Financial Outlook Report from TRoweprice

May 9th, 2011 Vijaianand

As many of you already know, TRowePrice(TRP) is one among the top mutual funds companies in US. Many recognized asset managers do fine job in analysing the market to provide excellent reports which talks about the past, present and future of the market trends.  Being a TRP fund owner myself, I get those periodic reports about the current market and financial conditions. I even mentioned few articles from the reports and their magazines in my blog post in the past. 

This post is also about 2 good articles which I found interesting and knowledgable for any type of investor to get a glimpse of the past and helps to get ahead on the future. These 2 articles were part of the Spring 2011 TRoweprice issue.  


A New Era of Internet Investing


This article took the Internet Bubble in 1990 to compare against the current internet companies boom to predict whether there is any chance of Internet Bubble 2.0.  It was interesting to see how the current players play their hard ball in this tough economic condition and still able to make good profit and progress with great strides.  It starts out saying,

“Sparked by the introduction of  Apple’s iPhone four years ago, the convergence of computing and communications—enabling wireless Internet access virtually anytime,anywhere—is not only changing lifestyles and spawning dynamic new companies, but also providing new growth opportunities for established industry leaders. This Internet boom is different than that of the latter 1990s, when many companies with no earnings or prospect of earnings went public at stratospheric valuations and their businesses proved unsustainable”.

It continued to analyze new players/companies like Groupon, Facebook which are just few years old and still able to show good revenue using the social media sphere as the base business model. It compared how companies like google whose market captilization has increased many fold since they started and how they continue to make profit and grow, how they can still grow to benefit the investors. So don’t miss out to get the glimpse of the internet companies past and future from this article.

Taking Stock of the Market: Are We There Yet?


This article is a recap on giving assurance to the investors in a way by analyzing the stock market from the March 2009 burst till date. It shows what type of investors are currently in the safe zone after their portfolio value dwindled during the 2009 market crash and who are making money now. It also shows why diversification and asset allocation plays a major role in portfolio management. By sticking to basics on dollar cost averaging, many investors have reaped additional benefit when the market was down by continuously/periodically investing on the assets.



It starts out as, “The U.S. stock market recovery is more than two years old, dating from the last low of  the S&P 500 Index on March 9, 2009. And Judith Ward, a T. Rowe Price financial planner, says the protracted rebound reminds her of those “long road trips with the kids in the backseat” because some investors may have been repeatedly asking, “Are we there yet?”—while waiting to recoup their losses in the 2007–2009 market crash.

But T. Rowe Price advises investors to diversify their portfolios consistent with the time horizons of their goals. An 85% stock/15% bond portfolio, which the firm typically recommends for those about 20 years from retirement, fared better than a portfolio with 100% stocks, but also had not fully recovered. Those with a 55% stock/45% bond retirement portfolio, generally appropriate for investors at retirement age, first recouped their losses by last October and have generally stayed above the $100,000 level since then.”



These 2 articles very different but very well presented to be understandble by any type of investors. To read the full articles, click here. 

Posted in Economy, Financial Literacy, Investment Planning No Comments »
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ING Electric Orange Checking Account – $50 Signup Bonus offer

April 13th, 2011 Vijaianand

I have posted many offers from ING in the past. It has been a while since they announced their last one. This time, they are bringing back their Checking account bonus offer. Now, they are offering a $50 bonus to sign for Electric orange Checking account and make 3 debit card purchases or person to person cheque payment within 45 days after signup. Your bonus $50 will deposited in your checking account.



Currently, ING Checking account offers .24% interest for balance below $50000 and 1.09% for above 50k and below 100k. It is not a great interest but reasonable to have it in the checking account when other bank don’t even offer an interest for checking account. They have other checking accounts like premium which has minimum balance requirement. With No minimum balance requirement, you are also earning interest and getting bonus to signup. I would say, it’s a good offer.

I been with ING Direct for almost 5 years and used their service. Never had issues with the website and never had to call customer service. I have suggested few things and they actually implemented them. If you have a savings account already, just sign for checking and do simple debit purchases. You will get easy $50. Who don’t want free money? I cannot do it since I already checking out.

Click here for more details.

Posted in Banks, Deals & Special Offers Tags: , , No Comments »
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Earth Day – Simple things to save Money and Earth as well

April 8th, 2011 Vijaianand

We only think about conserving energy and saving the planet when the gas price goes up and when we feel the pinch in our budget. But every year Earth Day reminds us that we need to do something whether gas price is up or down. It also gives us opporunity even during this time of unprecedented environmental challenge, for every citizen to make an impact.  This year Earth day is on April 22 and I want to share few simple things which I do every day and has an impact. You can also try it out and be satisfied for doing something.

1. First thing, avoid paper bills unless its really necessary. If we all reduce paper usage, it will eventually reduce the number of trees cut for this purpose. Many utility companies, financial institutions like banks, mortgage servicers, insurers are campaigning to reduce the paper waste by requesting customer to signup for ebills over the internet or email. Obviously they have better motive  which is to reduce their cost but still it makes sense to help reduce the paper waste by moving to ebill solutions. But do it subjectively.

If you think your bill will change every month and needs to verify before paying, you shouldn’t sign up for auto withdrawal but if they have an option to get ebill and then pay online then go for it. If they only have option for ebill and automate the payment, then continue with paper bill in those situations. On the other hand, if the bill stays same all throughout the year, you don’t need the paper bill. For example, mortgage is always going to be same every month and you can avoid paper bills instead get ebill reminder to pay them or setup auto deduction.

2. Next comes Electricity. We use lot of electricity at home everyday which is either generated by Coal or Wind. Wind is good but we don’t have lot of windmills to support our electricity demand. Currently it’s most electricity comes from coal which has lots of waste and emissions. For your part, reduce electric consumption by using fluroscent bulbs as much as possible instead incandescent  bulbs.

You might find incandescent bulbs cheaper than compact flourescent bulbs but things are getting better these days. Even if you pay more and buy flourecent bulbs  they will last longer than their counter part. So think again and do the right thing. We changed 90% of lightings to flourescent bulbs. Also Turn off the lights when you leave a room whether at home or office. Start making it as a practice. Don’t forget to Turn up the Thermostat during summer and Turn down during Winter. Turning up to 78 degrees uses less electricity and Turning down to 65 degrees during winter will use less natural gas to heat up. Both saves you money and good for the environment.

3. Plastic is another big chemical waste which is ruining our earth’s composition.  Try to reduce plastic waste. It also emits lot of unhealthy gas during decompositon or recycling process. You can help by reducing the plastic use by reusing them as much as possible. For example, save Ziplock bags or any plastic bags after first use and try to use them few times before you throw it out. Avoid bottle water if you can use filteration system like Reverse osmosis. That reduce plastic waste and also gives you good, healthy water for cheap. Check out a Costco offer for Reverse osmosis I posted last week.  


4. Water is another precious resource from mother nature. Try to reduce water consumption by not  leaving the water running while brushing your teeth or shaving.  Nearly tens of gallons of water just goes down the drain during our daily activities. By saving water, you save money and also natual resource which is getting wasted. So try to avoid wastage by only using limited quatity when needed during shaving, doing laundry, watering the lawn, washing the car, washing dishes.

5. Finally, Petroluem/Gas/Oil. Carpooling is the best way to reduce carbon footprint by reducing fuel consumption and also saves money on fuel cost and vehicle mileage. Also there are reports about effective driving can reduce gas usage. May be it’s true but it is hard to change your habit immediately whether it’s good or bad. No harm in trying, so I recommend you try one change at a time and see the effect and go from there. Like try to avoid rising your engine too quickly when you start from lights. Do it slowly which won’t consume more fuel. Try small things like above and you might see the difference in your gas tank.

These are just simple things which I follow and feel good in both saving money and helping save the planet. There are many websites like this one which shares lot more tips to help to do your part and make an impact in reducing bad impact to our Mother Earth.



Happy Earth Day!!

Posted in Financial Literacy, Frugal, Saving, Tax Planning, Taxes Tags: , No Comments »
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