About The Blog Getmoneyrich.com provides stocks market investment advice to its readers. The vision of developing this blog was to unearth the process that goes into developing a successful investment portfolio. We have a mission of making our readers realize that it is for achieving ‘Financial Independence’ that we are investing our hard earned money. Creating awareness that “accumulating more and more assets and minimizing liabilities” is the objective of this blog.
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"Investment is not an option, it is a necessity of life"
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By Investment Blogger, on March 28th, 2011% Quick Investment News -1
Reliance Industries has been run by masterminds and above all of them drives this engine by none other than the great business man Mr. Mukesh Ambani. Recently his flagship company Reliance Industries has decided to diversify further in financial sector as well. Reliance Industries has possibly set up a JV with . . . → Read More: Quick Investment News: RIL, EIH, MARICO & SBI
By Investment Blogger, on August 28th, 2010% Penny stocks investing must not be done in haste. Investors must first understand the difference between penny stocks investing and traditional stocks investing in blue chip and mid-cap stocks. Investing in penny stocks is not same as investing in large cap stocks Reliance, Tata Steel, Infosys etc which are stable and very established companies. These . . . → Read More: Penny Stocks Investing
By Investment Blogger, on August 24th, 2010% ITC has decided to expand exponentially its Indian operation in next 3 to 4 years. It is known that the Indian hospitality sector is not as developed and shown phenomenal growth prospects. ITC is on its course to establish and develop more than 60 new hotels in India by next four years.
ITC is looking . . . → Read More: ITC on expansion spree for next three to four years
By Investment Blogger, on August 23rd, 2010% Mahindra & Manindra (M&M) finally wins the battle of acquiring a Korean motor giant Sangyong Motors on 2010-Aug-23. M&M at present is manufacturer of famous SUV models like Scorpio, Bolero etc. With acquisition of Ssangyong Motors M&M is set to increase its dominance in SUV in India and abroad. Ssangyong Motors acquisition will launch M&M . . . → Read More: Mahindra & Mahindra (M&M) clinch the deal with Ssangyong Motors
By Investment Blogger, on August 11th, 2010% Jaguar and Land Rover (JLR) is one one of the fines luxury brands of cars of UK. The number of units sold by JLR last year saw a 58% increases on Y-O-Y basis. Last the the number of units sold was 35,947 as compared to 57,153 today. The margin on car sales was also better . . . → Read More: Jaguar gives a big boost to Tata Motors quarterly results
By Investment Blogger, on August 8th, 2010% International Finance Corporation (IFC) is a unit of World Bank. Last year in 2009-10 IFC invested some $450 million in fifteen different projects in India. This year they are ready to shell some $450 million of several Indian projects. The focus of investments of IFC is mainly:
Financial Sector Agri-business Chemical Manufacturing Health and Eduction . . . → Read More: Where International Finance Corportaion (IFC) is investing in India?
By Investment Blogger, on August 7th, 2010% I am not a very big tracker of real estate business, but the deal of yesterday evening between Indiabulls & National textile Corporation (NTC) surely will make heads turn. The deal was for a non-used property of NTC in Worli over which once stood the old Bharat Mills. The defunct building of Bharat Mills is . . . → Read More: Indias biggest real estate deal ever
By Investment Blogger, on August 7th, 2010% We may not realize this, but cars have indirectly contributed to growth of other industrial sectors in addition to the auto sector. May be this is the reason why cars affect the psychology of masses, not only they are reflective of our personal status symbol but also drives economy of the whole nation. After reading . . . → Read More: Cars do fuel growth of nations
By Investment Blogger, on August 6th, 2010% Private Equity firms generally make the exit by selling their holdings/ shares back to the promoters/ owners. Generally when companies are in requirement of huge funds they approach PF players and request for investment. If PE oblidges, caertain number of agreed shares are transferred to PE’s account in exchange of cash. This cash is used . . . → Read More: Where Prive Equity Investors are Investing in India in 2010?
By Investment Blogger, on August 5th, 2010% Value stocks India 2011 What we mean when we call a stock as Value Stock?
Any stock/ share when it is traded at market price below its intrinsic value is called as value stocks. In order to know the intrinsic value of a stock we should humbly be able to forecast some key business fundamentals . . . → Read More: Must own Indian stocks for 2011
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Authors Bio The developer of this blog is an engineer. His interest in the process of investment grew when he realized one day that how important it is to attain "Financial Independence" in life. By doing 9 to 5 job is not a great way of achieving financial independence. So he decided to step away from the majority and do something on his own, which somehow commensurate with his objective of ‘independence’. In developing this blog he is playing his ‘self’ and simultaneously creating contents that will raise awareness in its readers about 'investment'.
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"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." -- Warren Buffett
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