Friday 29 August 2014

Rakesh Shah with MNC had crores lying in Swiss bank and dwarka property.

Indians have grown rich over the past decade or so. Along with wealth, they have acquired a new appendage: Wealth Manager. Many affluent clients of private banks are proud and happy that an "expert" is exclusively dedicated to the noble cause of growing their wealth. So, they invest in Portfolio Management Service (PMS) schemes pushed by the bank, or invest in a fancy scheme that shows no downside, and just an upside. Or opt for a hedged strategy to "safely" get them additional percentage points on their crores lying with the bank. Along with multiple cars and Property in Dwarka Delhi, wealth managers are essentially for those who have arrived. 

Nothing comes free and so it is understandable that for getting such a dedicated sherpa for your wealth, you would be charged. Except that, it is worth wondering whether you are actually paying for nothing other than vanity. Read this story. 

Rakesh Shah, a top manager with a multinational company had crores lying with a Swiss bank. His wealth manager approached him in May 2013 and offered him 'the best investment of his life'. He would take a loan with his existing investments as a security and invest the loan amount in the recommended mutual fund debt schemes. At the end of the year, he would sell his debt scheme and pay the interest on the loan at a rate of 9.50%. If the yields fell 50bps (basis points), the return was calculated to be around 13.5% post the payment of the loan.
The wealth manager sagely assured him that, "yields of long duration bonds have gone up sharply over the last few months, and it was inevitable that they will have to go down over the next 12 months. A 4-BHK flat in Dwarka Delhi is a fail-safe investment because even if there was no significant drop in interest rates, the underlying coupon would more or less take care of the 9.5% interest."
Unfortunately, the wealth manager was a cheat. He showed Mr Shah old data—of March 2013. In May 2013, when the "offer of the best investment of his life" was made, the yield was lower. When Mr Shah availed a loan of Rs 8 crore (yes, Rs 8 crore!!) against his existing investments, to invest in two long-term debt schemes, on 10 June 2013, yields had hit a bottom. Mr Shah ended up investing at the bottom of the interest cycle – exactly the opposite of what ideally one would do.
A few months later, the benchmark yield shot up to a high of 9.24%. Mr Shah's investment had declined by over 10%. He was facing a capital loss of over Rs 80 lakh, not to forget the interest payable. His wealth manager assured him that interest rates would fall in the coming months and his investment would deliver positive returns. Dwarka 3-BHK flats for sale.

Interest rates didn't fall. In fact, the opposite happened. At the end of the one-year, when the debt schemes were to be sold and the loan repaid with interest, the schemes had gained about 2%, while the interest payable was 9.50%. Mr Shah was facing a loss of around Rs.50 lakh. The investment bank stood to gain on this transaction, on both -- the interest on the loan as well the commissions earned from the mutual fund schemes. So much for your knowledgeable wealth manager and their get-rich schemes. Dwarka 2-BHK flats for sale.
The fact is, investing success comes out of simplicity, method and patience. It is unglamorous. Wealth managers peddle exactly the opposite – complexity and exotica. It leads to losses. Why do they do so? It is because they work for themselves, not for you. If you follow their "advice" they make a sale. In the above case the Swiss bank made money on selling the debt scheme and also on lending. It's a nice racket. In some cases, they sell you many more products.

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Sunday 24 August 2014

Homestead Present - "City Of Homestead" Starting at 13 Lacs Onwards

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Homestead | A City by the People, For the People, Of the People
Starting from  Rs.13 Lacs onwards
1BHK, 2BHK, 2BHK+S, 3BHK+S Apartments
Location: Sector 25, Sohna, Gurgaon | Area: 400 to 1150 Sq.Ft. | Possession: By 2018
The Homestead Upcoming Township is spread over 140 acres (Approx) of land comprising of multistoried towers, part of a grand plan that encompasses modern gracious living, soothing water bodies with landscape gardens along with the elite grand lifestyle of Gurgaon.
Project Highlights:
First Ever Sister City Modelled on the Lines of the City Of Homestead, Florida.
Gated 2 Tier Security System
CCTV surveillance with 24*7 power backup
First Developer to Sell Apartment on Covered Area basis rather than Super Area.
Exclusive executive club equipped with Swimming pool, Snooker and Table Tennis Rooms, Skating Rink etc.
Low maintenance solar lighting system for ornamental landscaped areas.
City of homestead is a zero carbon footprint city, ensuring the healthiest living atmosphere
Amenities offered here will include Solar power tramway inspired from the great Kolkata tramway
Developers will also provide with COH Homeland Security which will ensure that your loved ones living here are safe and secure at all times
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UG-10 "A" Block Omaxe Gurgaon Mall Sohna Road, Gurgaon
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Saturday 23 August 2014

Rs. 1.15 Crore(s) - 3 BHK Multistorey Apartment for Sale - Dwarka Sector 4

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Property Alert
Saturday, Aug 23, 2014

Property in Dwarka Sector 4, New Delhi
Rs 1.15 Crore(s) - 3 BHK, Multistorey Apartment Sector 4 Dwarka
Built-up Area: 1502 Sq. Ft.
Price per sqft.: @ Rs. 7656 /sq.ft
This spacious Sector 4 Dwarka CGHS society has lifts, power backup and running water with 24 hours security all within a well maintained gated complex.

Rs 1.15 Crore(s) - 3 BHK, Multistorey Apartment Rs 1.3 cr  in Delhi Dwarka Sector 4 for sale
Built-up Area: 1800 Sq. Ft.
Price per sqft.: @ Rs. 6388 /sq.ft
Contact IndiaMarts Property for many other genuine properties for sale and rent in Dwarka's premium sectors [Sectors 4, 6, 10, 22, 23] for fair and honest dealing

Rs 1.18 Crore(s) - 3 BHK, Multistorey Apartment
Built-up Area: 1600 Sq. Ft.
Price per sqft.: @ Rs. 7375 /sq.ft
The residential apartment for sale is located in a very well developed green unpolluted sector of Dwarka and very near schools, transport, metro, taxi stand, shops, commercial plazas, doctor, hospitals etc.
Rs 1.19 Crore(s) - 3 BHK, Multistorey Apartment
Built-up Area: 1600 Sq. Ft.
Price per sqft.: @ Rs. 7437 /sq.ft
AWHO Dwarka flat for sale 2-BHK @83 lakhs Ranjeet Vihar Sector 22 Dwarka Delhi
AWHO flat Dwarka Sector-22 for sale @83 lakhs, 2-BHK Ranjeet Vihar, available through an ex-serviceman's realty buro.
This premium location 2-BHK "small family flat"’s concept is of planned multi-storyed towers surrounding a beautifully landscaped green complex by AWHO (Ranjit Vihar) in Dwarka Sector-22, a highly safe and secure premium location of DDA.
Rs 1.19 Crore(s) - 3 BHK, Society flat apartment in sector 4 Dwarka
Built-up Area: 1500 Sq. Ft.
Price per sqft.: @ Rs. 7933 /sq.ft

Rs 1.22 Crore(s) - 3 BHK, Multistorey Apartment
Built-up Area: 1802 Sq. Ft.
Price per sqft.: @ Rs. 6770 /sq.ft

For sale 83 lakhs, 2-BHK AWHO flat sector-22 Dwarka. Ranjeet Vihar

This property for sale in Rs. 83 lakhs is a 2 bedroom “small family flat” in premium AWHO complex Dwarka Sector-22 for resale to eligible defence services officers. Clean deal, exclusive owner’s mandate with INDIAMARTS network, sub-brokers welcome.

Rs 1.23 Crore(s) - 3 BHK, Multistorey Apartment
Built-up Area: 1560 Sq. Ft.
Price per sqft.: @ Rs. 7884 /sq.ft


Rs 1.25 Crore(s) - 3 BHK, Multistorey Apartment
Project: IES Officers Apartment
Built-up Area: 1600 Sq. Ft.
Price per sqft.: @ Rs. 7812 /sq.ft

Rs 1.28 Crore(s) - 3 BHK, Multistorey Apartment
Built-up Area: 1380 Sq. Ft.
Price per sqft.: @ Rs. 9275 /sq.ft

Rs 1.28 Crore(s) - 3 BHK, Multistorey Apartment
Project: Neelachal
Built-up Area: 1600 Sq. Ft.
Price per sqft.: @ Rs. 8000 /sq.ft

PROPERTY IN DWARKA DELHI

[Indiascams] Sanjana - Want to chat?

Sanjana - 18 yrs, Want to chat?

(another MYZAMANA scam ?)








A subdivision of the wank bank in a man's mind. The place where he keeps ladies of questionable gender i.e. Hilary Swank, Jamie Lee Curtis, Lady Gaga.
Every man: Hold on, I'm saving that image for my Swank bank.
A conscious thought to mentally photograph a person so as to be able to think about them at a later date.
"She's not a bad looking sort"

"Yeah, I might put her in the wank bank"