| SIP: growing popularity among investors
With volatile swings becoming a part of life on the Indian stock markets, the systematic investment plan (SIP) is growing increasingly popular with investors. It helps to contains cost and, to an extent, insulates the investor against risk, giving him somewhat better returns as well. Indeed, in the last five years, SIP has given an annualized return of more than 40 per cent. As the awareness of SIP among investors grows , the number of those opting for it is multiplying every month.The data available shows the industry is adding one lakh SIP accounts every month for the past year, with an average size of Rs 3500 per application. Even a year ago, only around 10,000 SIP accounts were being added each month, with an average investment Rs 500-1000. There are currently more than 12 lakh SIP accounts with an estimated inflow of around Rs 300 to Rs 400 crore a month.
How Concessions by UAW Lost Jobs
Seventy years after the breakthrough strike that first established the United Auto Workers (UAW) as a powerhouse of organized labor, the union faces new demands for concessions that could sweep away decades of gains by workers. The issues were highlighted at the UAW's bargaining convention in Detroit on March 27-28, where UAW President Ron Gettelfinger threatened a strike if bankrupt auto parts maker Delphi follows through on its threat to void union contracts. Delphi, the former parts division of General Motors that was sold off in 1999, has been in high-profile negotiations with the UAW since it declared bankruptcy in 2005. The company wants to sell or close 21 of 29 plants in the U.S., and it has already taken advantage of earlier UAW concessions to cut pay to $14 per hour for the new hires replacing the 20,000 union members who took buyouts to retire early (another 13,000 union members remain).
For Most Pet Owners, Home-cooked Diets Are Hard to Maintain
But there are many more unconfirmed reports, including a few here in South County and these numbers are sure to change. Stay tuned. There are two interesting side notes here. One centers around the list of affected pet foods. Take a look at the brand names on the FDA recall list (available at www.menufoods.com/recall). There are some very expensive, so-called premium quality foods. And then there are a few less expensive, economy diets as well. Interestingly, all of these products have a common denominator. Menu Foods supplies a component to each of these products that different companies sold to consumers. Doesn't it make you wonder? If a large part of each of these various diets is the same stuff, what do these manufacturers add to their finished product to make their food any different from their competitor's.
Stocks Worth Waiting For
Instant gratification is becoming more and more a part of our culture every day. Technology has allowed us to obtain information and services whenever we want it. Not sure what the word "indefatigable" means? Google it and have your answer in 0.02 seconds. Heck, you can download an entire music library from the comfort of you own home and play it a few minutes later on your iPod while you're making a quesadilla. With stocks, however, not much has changed over the years. Large fortunes are still built over years and decades, not minutes and hours. When we take the time to research a stock and make an investment, it would be nice to receive instant confirmation that we made the right decision. Unfortunately, it might take quite a while to receive that confirmation.
The QMP Group's New Account Portfolio Planning System (APPS ...
PORTLAND, Ore. --(Business Wire)-- The QMP Group, a cutting-edge, Portland-based management consulting firm serving small to mid-size B2B companies (www.TheQMPGroup.com), has announced the release of its Account Portfolio Planning System (APPS), an inexpensive, Excel-based sales and sales management tool that makes traditional CRM systems obsolete.
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