Top Five Billionaires of 2018

Nobody can become successful and wealthy overnight. It takes decades to gain success in
business, but with the use of right marketing and administrative strategies, of course. If you have
passion, devotion, and techniques to run a brand, then nothing can stop you to become a
billionaire. Yes, earning billions is a dream of almost every individual, but there are few people
in this universe, who are setting an example for newbie investors. Let’s have a glance on world’s
top five billionaire investors (Forbes), who earned and are still earning billions of dollars every
year.

1. Jeff Bezos

Jeff Bezoz

With an approximated total value of $150 billion, Jeffrey Preston Bezos, shortly Jeff
Bezos, is a 54 years old U.S investor, tech entrepreneur, and philanthropist. He is the
developer and CEO of Amazon, which is an e-commerce platform, where you can buy
books, DVDs, computers, software, videos, electronics, magazines, and much more.
When he initiated Amazon, his parents helped him by investing several thousand dollars
in his startup back then in the 1990s, but it was his incredible inventiveness that led his
business to this level of success. He left his job at the age of 29 to concentrate on trading
and creating customer base through the internet when people had not much idea about
online businesses.
With great products and the best customer care service, his business flew like fire. He
then invested in various other companies like Uber, Twitter, and Airbnb, also purchased
Washington Post, Zappos, Elemental Tech, Blue Origin, Whole Foods, IMDb, Audible,
and a few more.

2. Bill Gates

Bill Gates is not anonymous to anyone as he’s an American investor, author,
philanthropist, and a founder of Microsoft Corporation.
With his high school friend, Paul Allen, he found Microsoft, and then he didn’t need to
look back as he got worldwide success and fame through it. Later, his friend separated his
way due to health concerns, and Bill Gates had managed everything on his own
afterward.
Though he stepped down as a CEO of Microsoft long ago, still his net worth as of 2018 is
90 billion (Forbes), and he currently runs a successful non-profit organization with his
wife, Melinda. Gates also announced to launch $1 billion Breakthrough Energy
investment in 2016. His passion for tech, the obsession to learn new things, right
investment strategy, and simple lifestyle play an essential role to become the world’s
second billionaire.

3. Warren Buffett

One of the most successful investors, Warren Buffet, also known as Oracle of Omaha is
not only the investor but also quite an influential entrepreneur. He runs Berkshire
Hathaway, a company which owns over 60 other companies. The top-notch brands
include Insurer Geico, restaurant chain Dairy Queen, and battery maker Duracell.
It would be a quite surprising fact that he bought his first stock at the age of only eleven,
and he filed taxes at thirteen. Well, he was a son of U.S Congressman, so it wasn’t a big
deal for him, of course. He kept his promise of giving his 99% of his fortune by donating
$35 billion to Bill and Melinda Foundation. As of Forbes 2018, Warren’s net worth is
$84 billion, which makes him the third billionaire of the world.

4. Bernard Arnault

According to Forbes, the fourth billionaire of the world as of 2018 is none other than
Bernard Arnault, who runs LVMH, French multinational luxury good conglomerate.
LVMH formed through a 1987 merger that owns over 68 international luxury goods
brands. The subsidiaries of the company include and not limited to Louis Vuitton,
Christian Dior SE, Sephora, Celine, Bulgari, Hennessy, and Givenchy.
In 1980, Arnault bought Financiere Agache in $15 million only, which is a parent
company of Dior, and he invested it through his father’s money. Later in 2017, he bought
out Christian Dior, too. His right investing skills helped him a lot in becoming Europe’s
first richest person alive.

5. Mark Zuckerburg

Who wouldn’t know about Mark Zuckerburg, who is the founder and CEO of the social
networking service company, Facebook? Everybody knows about him. One of the
youngest billionaires in the universe is just 33.
He started Facebook (FB) in 2004 at Harvard at the age of 19 with his other university
mates for students to match names and faces. Later, he took FB public in 2012. He owns
almost the 17% stock till date. In 2015, he pledged to give away his 99% of the wealth
for a charitable purpose.
However, he has faced criticism for sharing users’ data with political consulting firm
Cambridge Analytica in 2018.

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Which All Stocks Provides Highest Dividends | 2017-2018

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Top 10 Best Stock Brokers India

Vote For Your Favourite Broker

Know India's best stock broker according to public votes. Stockbroking is being very popular n India because of the country's GDP growth. Its not easy to pick the best stock broker by considering the facts safety, security, platforms, support and other features. Choose your favourite two broker houses and see the result.

1. ICICI Direct

Being a leader with a large customer base in India, even though their brokerage is high, trust is more important in investing. That’s why ICICI still a leader in broker services.

2. HDFC Securities

By considering the investments and revenue, HDFC is among top broker in India

3. Zerodha

It’s growing fastly because of its simplicity and discount brokerages. Open Account Now

4. Sharekhan

Sharekhan struggled after the 2009 recession, then now again active with their business

5. Axis Securities

Axis is getting best reviews recently and their platform is the best in the industry to trade

6. Kotak Securities

With 3 in 1 facilities and improvements in banking made it to a competitor for the above brokers

7. Angel Broking

Active in their business, having lots of franchisees in India

8. Motilal Oswal

Best in research and advisory provides best recommendations for investments

9. India Infoline

IIFL is popular from old days, it is huge no of customers

10. Karvy Stock Broker

Headquartered in Hyderabad, India. Karvy Group is one of the leading financial services conglomerates.

This list is temporary, please vote for your favourite stockbroker and know top 10 best broking firms

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Suzuki launches new Jimny, know when will knock in India

Japanese car maker Suzuki has launched its new generation model 2019 Suzuki Jimny 4×4 in the market. Recently the company released its photo.

New Delhi (Auto Desk) Japanese car maker Suzuki has launched its new generation model 2019 Suzuki Jimny 4×4 in the market. Recently the company released its photo. Suzuki’s car is for the European market. There is a 1462 cc 4-cylinder petrol engine. Which generates 130 bits of nm at 100 bhp and 4000 rpm at 6000 rpm. It has a 5-speed manual gearbox and 4-speed automatic torque converter. If this car launches in India then it can be fought from Mahindra’s Bolero. Explain that Bolero is a very successful car in India.

According to Suzuki, most of the designs in the new Jimny have been taken from the old Jane models. Talk about its features, there are round headlamps, five slot grills and three doors. Suzuki unloads its SUV in eight colours, but the company has launched its new landline in two exclusive colours. In which one Kinetic Yellow and the other is Green.

Its cabin is equipped with new facilities. Its interior is in black colour. Talking about the music system, the touch screen facility has been provided with an automatic climate control system and a multifunctional steering wheel.

Due to safety, there is DUAL Sensor Break Support (DSBS), which gives audio, visual warning when at risk. Other security features include 6 airbags, electronic stability program (ESP) and tire pressurized monitoring system.

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New Income Tax Slabs 2018 | India

Financial Year 2017-18, Assessment Year 2018-19, The finance minister has reduced the income tax slab from 10% to 5% in the slab of 2.5 lakhs and 5 lakhs. With this, there is a proposal to reduce the existing rebates (currently up to Rs 5 lakhs) under section 87A from Rs 3.5 lakh to Rs 2.5 lakh, from Rs 5000 to Rs 2500.

Age<60

Income less than Rs. 2,50,000 = Zero, The total income is more than Rs 2,0,000 but less than Rs 5,00,000 = 5% on income which is more than 2,50,000, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000

Age>60

Tax Rates Income less than Rs. 3,00,000 = Zero, Total income is more than Rs. 3,00,000 but less than Rs. 5,00,000  = 5% on income which is more than 3,00,000, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000.

60<Age<80

Income less than Rs. 3,00,000 = Zero, Total income is more than Rs. 3,00,000 but less than Rs. 5,00,000 = 5% on income which is more than 3,00,000, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000.

Age>80

Income less than Rs. 5,00,000 = Zero, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000.

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Different Types of Mutual Funds in India

Today we are going to discuss the different type of Mutual Funds,

MFs are categorized on the basis of which type segment we invest, like Equity mutual fund, Debt mutual fund and Hybrid mutual fund.

Equity Mutual Funds

As per name Equity Mutual Funds are those funds which are invested in the stock market, It is also divided into

Large Cap Fund

Mid Cap Fund

Small Cap Fun

Sector Fund

Diversified Equity Fund

Dividend Yield Fund

ELSS

Thematic Fund

Two Different Mutual Fund Structures

More than above Mutual Fund schemes have different style investment options, which are

Open Ended Fund:- A user can invest or withdraw units anytime that’s the advantage.

Interval Fund:-

Close Ended Fund:- After first investment time, it has a maturity period, in between this period no one can invest or withdraw the funds.

There are International Fund, Real Estate Funds, Gold Funds, Exchange Traded Fund categories as well for MFs.

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What are the best ways to find best mutual funds for beginners

Usually, people find best mutual funds schemes by looking into star ratings through websites like moneycontrol or valueresearchonline. Or sometimes we look into rankings of the best fund schemes which has given best returns in the previous 3 to 4 years.

But such cases for highly rated fund scheme managers need to be more responsible for such huge investments from customers and this leads him to compromise on the stocks he selects in the future.

So it is not predictable that the schemes which have the good track record till date will perform better in the future.

To pick the best mutual fund schemes go through these points mentioned below,

  1. The fund which has the best track record on the basis of consistency, with which safe track record rather than risky.
  2. Check for the fund manager previous track records also check if the fund manager changed for a particular mutual fund scheme. If a fund manager handles 5 funds and he is managing 3 or 4 funds better out of 5, then we can consider him he is good at managing fund schemes.
  3. Best return without risk track records are important.
  4. Large caps with a big percentage of return is more important than mid-cap/small-cap fund with a small percentage of returns.

 

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Vijay Kedia

Story of Successfull Investor Vijay Kedia and his Strategies

Vijay Kedia born into a stockbroking business family. From childhood itself, he was aware of the stock market.

He was interested to start a business but there the as no sufficient capital. Later he joined the family business of stock broking but he was not that much interested in this broking business.

Vijay Kedia

At the age of 19 he started share trading, then he thought that it is easy to make the profit, but after some successful trades, he faced a lot of losses. With some experiences, he learned that stock market investors need patience, on these timings he lost a lot of money. After huge losses, he left the share trading.

A couple of bad trades made him into losses. Once with Hindustan Motors, he faced a loss of 70000/-. At that time he didn’t have much capital, but at that time his mother told him to sell her jewellery. But before going into that situation his losses went into profit. Because of all these incidents, he decided to stop trading and started a logistics supply business. But this was also a failure, then he started trading again.

After he realised that his wealth creation is not much successful even after 10 years of trading he decided to concentrate only on investing. On that timings, there were no sources to learn on how to invest and also major investors don’t want to share their knowledge. Hence Vijay Kedia started to read magazines and newspapers. Also, he is interested in knowing the company annual reports and interviews with company CEO and managing directors.

In 1989 Kedia invested 35000 INR in Punjab Tractors and after 3-4 years later the stock becomes 4 times bigger than the buying price. At that time MR Kedia sold all stocks and bought ACC LTD at price of 300 and it became 3000 within less duration of time. After selling all of the ACC shares he bought an apartment in Mumbai and also invested in some shares with the remaining money.

After Harshat Mehta scam Mr Kedia faced big correction in his stock portfolio, according to him because of not buying stocks which had quality management he faced big correction in his shares.

But he made a decision to invest in Aegis Logistics at a price of 14 INR and sold at 500 price level which means 4000% times return. After that Mr Vijay Kedia invested in many multi-baggers like Atul Auto (Purchased at 5-10 average price) and because of his patience after 4 – 5 years the price started to grow in the upper circuit and sold Atul Auto at 500 level.

Mr Vijay Kedia’s 3 mantras are

  • Knowledge
  • Courage
  • Patience

According to him, company management is the driver for the firm, if a company have the power to grow even in a bad background of market condition. That company will have the fast growth possibilities.

Whenever the company changes its focus or if the company at its high valuation then Mr Kedia always planned on selling those shares.

He advises new investors to try to create a  fixed income first and then only enter into sstock marketbecause of its volatile nature.

Currently, his net worth is more than 1000 Crores.

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MP Subramanyan Swamy Reveals that CSA had the Pressure from Central Government

In a meeting with Chartered accountants at Ahmedabad BJP MP revealed that the CSO (CENTRAL STATISTICS ORGANISATION) had the Pressure from BJP government regards to INDIAN gdp and growth statistics.

Fake GDP Reports

He also added that the GDP values announced which are not real. It is easy to influence international statistics organisations as well as national associations.

According to Mr.Swamy the recent quarterly reports all have influence from the current government and its not real fact.

 

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Adhaar linking with trading accounts

Why Adhaar is mandatory for Your Trading Account

The stock broking firms requested its customers to link the Adhaar card with the demat account as per the circular from SEBI.

According to current updates every client’s who have trading accounts should fetch their Adhaar with the account in before next year.

Every brokerage firms announced the requirements in these Nov – Dec months.

There are limited conditions for people who joined recently or from the month of June 2017 that they have given 6 months of time.

Adhaar linking with share trading account

The deadline shall be a difficult task for the stock broking firms and the customers. Anyway let see whether any hope of exception who delays to submit the adhaar details.

As per rule there are chances of ceasing the trading account who delays to submit it.

 

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