Sep 16

Lovely Scarf

Scarf For my Hubby

A simple but elegant pattern which looks and feels great. The pattern keeps it light and stretchable

Pattern:

Hook size: 7mm

Ch till required scarf length

Row 1: ch 3, skip 1 ch, dc on next ch, ch 1, skip 1ch in base row, dc on next ch, repeat till end of chain

Row 2-X:  ch 4, dc on loop of the prev row,ch 1, repeat till end of row.

Sep 16

FD and RD

We always have to balance our investments. Previously I had  talked about stocks/shares which is a high risk high return investment. The Fixed Deposits and Recurring Deposits are no risk moderate return investments. For me there is no less return in any kind of investment. Any return is moderate to high. Just the though of investment make it more than less.  So talking about Fixed deposits, it gives me a peace of mind at any point of time that I have some amount which I can use it during my mishaps. We never know when we might require cash. So My first investment would be to open a FD with the bank I have a saving  account, so that I don’t have problems en-cashing it. Next would be an RD so that some money goes into saving every month just not pinching me hard on monthly expenses. It is good to have about at-least 20-30% of the income to RD. But any amount to start so that we get the habit of saving is more important. Later we will definitely realize its importance and increase the amount. Whenever I get some lump-some I put it in FD so that its safe and doesn’t allure me to spend it immediately. The best part of FD and RD is it hides my money just behind my back so that i don’t spend it upfront. And since I have an ICICI account, where I can create new FDs Rds just in moments online and also credit it back to account easily and even before maturity date without penalty. So I just blindly put all my extra money into FD and think of it later where to investment. Since I  am not going to lose anything by creating and withdrawing before maturity I just do it blindly. This strategy has helped me alot for the past 4 yrs… Thanks to ICICI(http://www.icicibank.com) also, that I could do all this so easily online I am not sure about other bankc which offer these facilities. ICICI banking and demat seervices have helped a lot to juggle my investments accross FD,RD,Shares,Gold ETF, MFs .

Sep 15

Scarf

Its been a long time since I had done crochet… Suddenly felt an urge to start again… I was searching for what to work on and ended up with Scarf.. I had searched a lot and found this pattern good for a scarf…Its light stretchable and looks great. The dull decent coloured one is for me and the bright funky coloured one is for my son. 🙂

ImageImage

Sep 9

Wrist Band

Friendship Band with my sons name 🙂

Aug 29

Stock Exchange

I just love this topic. I love to know more options and ways to invest. One of my favourites is Stock Exchange and combining gold via stocks.

Many people keep away from markets. It volatility bothers them.People fear when markets go down. I just love i when it goes down because I can invest then. All that I need is the money to invest when the markets are down. I don’t KNOW future and don’t DO intra day trading. I used to do intra day with my dad even advising him what to do at times :). But learnt partly from him and self experience that Intra day is not my cup of tea, its needs more time and dedication which I cant give right now. For intra day you need to have more risk taking capacity which I don’t have now.I know futures is more risky but not exactly how.

Long term investments in Stocks of Good companies from various sectors distributed evenly will give us profit is my strategy. I look into 5 yrs history of a stock then watch it for weeks to months. I generally buy when the markets are bearish so that i can catch them cheap. Choosing the right stock at the right time is the game. I started with a small amount and still in small amounts only but this I consider my learning so that I can take risks within my limits. My portfolio looks good. with an average of 10-15% profit. I have been satisfied with my stock selection till date but quantity could have been more in some stocks which are high about 40% .

I need to watch more , read more to become an aggressive investor.My portfolio is always balanced by my Gold ETFs. This is one of the best options in stocks. Getting the advantage of gold hike without having to worry about its safety. There are many options to buy gold on papers other than ETFs like commodity, spot exchange, etc. Since the others require a separate account which I couldn’t open at that time I am sticking to the ETFs. I would love if there were silver ETFs but they don’t. To get the benefit of silver I have to chose the other options and have to open a new account.

Aug 29

A Vacation A Year

As everyone does I too love vacations. I keep planning for vacations, exotic vacations every year but somehow it doesn’t workout. My favourite holiday destination is New Zealand. For no big reason than the ad on tv.

I made a decision to go for a vacation at-least once in an year. A real vacation at-least for a week to new places around the world. The place will be decided based on many factors like budget,travel time,visa issues,familiarity,reviews. Where we go is less important than we GO. I save money for spending for an exotic vacation. The money is never wasted its used to buy those precious moments… money less or more, whatever place may be, the moment enjoyed is worth it.

This year we already had a vacation which, though not the planned one ,was good. Lets see if the next one works out to be a good one as well..