kakumanu: January 2009

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Forbes - Table of contents, cover story, and selected columns from Forbes, Forbes FYI, and Forbes ASAP.
BusinessWeek - Complete contents of BusinessWeek domestic and international issues, plus exclusive online features.
Money Magazine - CNN and Money Magazine combine business news, stock quotes, and financial market coverage with personal finance advice, tools, and investing tips.
SmartMoney.com - Offers commentary, hourly updates, portfolio tracking, broker ratings, and more.
Barron's Online - Electronic edition of Dow Jones & Company's business and financial weekly magazine with added research capabilities.
Worth Magazine - Daily news from the world of finance, access to top financial experts, and tips and tools to help your money grow.
Dismal Scientist, The - Provides real-time coverage of economic indicators, news and analysis, and data.
Euromoney - Provides information on global capital markets, direct investment and issues of concern to global businesses.
MoneySense.ca - Offers personal finance and investing guidance, market news and commentary, stock and fund quotes, tools and rates, and message boards and newsletters.
Good Returns - Covers a variety of money management topics, including investments, managed funds, mortgages, insurance, superannuation, and financial planning.
Women's Wall Street - Contains business news and articles from a woman's perspective. Includes articles about stocks, investments, and financial planning.
ISF Magazine - Provides independent coverage of the international securities finance sector, including regulatory, tax, legal, and market developments.
Trusts & Estates - Journal of wealth management for estate-planning professionals.
Financial Engineering News - Examines the use of financial instruments to solve problems and exploit opportunities, and explores the use of quantitative methods and computer technology in finance.
Global Investor - News for the international asset management industry.
Financial Director - Magazine covering business, practice, tax, and technology.
MoneyWeek - Features the week's international financial media news.
CFO.com - Magazine featuring tools and resources for financial executives.
Corporate Finance - Covers such things as risk and cash management, debt and equity raising, deal and executive profiles, and corporate case studies.
World Investment News - Provides information on top business opportunities in emerging countries.
Absolute Investments - Offering a subscription-based online magazine for investors who follow a long range strategy of capital growth with a portfolio of North American stocks.
Kiplinger's Personal Finance - Magazine providing down-to-earth advice on managing your money and achieving financial security.
Structured Finance International - News and information on global capital markets.
Profits Journal - Financial research, venture capital news, stock news and analysis, and financial intelligence on emerging-growth companies in Minnesota, Wisconsin, Iowa, South Dakota, and North Dakota.
Asia Financial Planning Journal (APFJ) - Publication providing platform, commentary, and analysis on financial planning principles, acts, and practice management techniques for financial service professionals.
World Report - Publishes assessments of commercial opportunities and developments overseas. Reports available online.
PM Communications - Publishes reports on top business opportunities in emerging countries.
Better Homes and Gardens: Family Money - Cost-cutting tips and practical advice for singles, partners, parents, and homeowners. From Better Homes and Garden.
OpalMagazine.com - Features articles and discussions on public and corporate pension, endowments, foundations, and high-net-worth asset investment.
Money Today - Finance management magazine from The India Today Group. Includes personanl finance guide, real estate, mutual fund, and life insurance.
Limit Order, The - Provides free financial news, stock picks, real time portfolio of editor picks, and a daily stock market newsletter.
MarketMinder - Get investment news and analysis, money management news, and stock market updates at MarketMinder.com from Fisher Investments.
NuWire Investor - Online magazine covering alternative investments, including real estate investing and trends.
U.S. News & World Report: Money and Business - The latest business and financial news for personal finance, investment advice, retirement planning and calculators, and small business financing.

Top 10 Favorite Personal Finance Sites

#1 Wall Street Journal
Authoritative resources of business news and commentary.

#2 The Motley Fool
My favorite site about in-depth and entertaining value investing analysis.

#3 MSN Money
The best online tool for portfolio tracking and stock charting. Stock information is well organized.

#4 Bankrate.com
Great site for getting up-to-date rate news, but it is also full of personal finance literature.

#5 Yahoo Finance
The simple interface of Yahoo offers full coverage of everything. Its message board has the highest volume.

#6 BigCharts MarketPulse
My destination for up-to-the-minute business news.

#7 CNNMoney
Great general business news coverage and commentary. I particularly love the "Millionaire in the Making" section.

#8 Morningstar.com
This site is famous for fund analysis, but its quantitative tool (like Portfolio X-ray) is interesting. It also offers simple courseware on stocks, bonds and portfolio management.

#9 Kiplinger.com
Outstanding coverage of personal finance strategies for people of all stages.

#10 Forbes
Strong at analysis.

Stock market books

1. One up on Wall Street:

2. The Intelligent investor:

3. Security Analysis:

4. The Best Investment advice I ever received:

5. All about Stock market strategies:

6. Your Money and Your Brain: ons.

7. Common Stocks and Uncommon Profits and Other Writings: Philip Fisher.

8. Wise investing made simple:

9. Contrarian Investment strategies:

10. Buffett: The Making of an American Capitalist:

11. The New Market Wizards:
12. Lessons from the Greatest Stock Traders of All time:

Finance Blogs

http://www.topblogarea.com/finance/

http://topsites.blogflux.com/finance/

Equity Sites from observation

http://smcindiaonline.com/market/market.asp

Segment wise breakup of india brokerage houses

Here is a segment-wise breakup of India's leading equity brokerage houses.

The revenue streams of equity broking firms are undergoing changes, against the background of growing business opportunities and diversified financial services. The major sources of revenue from major players are tabulated below.

Equity Trading:
Brics Securities 85%
Ashika Stock Broking 85%
Motilal Oswal 80%
Arihant Capital Markets 79%
Dalal & Broacha 70%
A F N Langrana Shares 70%
K R Choksey 70%
Zen Securities 65%
Indiabulls 60%

Derivatives Trading:
India Advantage Securities 87%
Crimson Financial 80%
Dolat Capital 60%
Kantilal Chhaganlal 59%
Kunvarji Finstock 59%
R Wadiwala 43%
Angel Broking 43%

Margin Financing
Anand Rathi 8%
Indiabulls 7%
Reliance Money 6%
K R Choksey 4%
Motilal Oswal 3%

E-Broking - Online Trading Marketshare in India
Indiabulls Securities Limited 451,611 clients.
Reliance Money Limited 215678
Motilal Oswal Securities Limited 19065
Unicon Financial Intermediaries Private Limited 13787
Angel Broking Limited 11828
Asit C Mehta Investment Intermediates Limited 9748
SMC Global Securities Limited 7704
Anand Rathi Securities Limited 6793
Doha Brokerage & Financial services Limited 6400
Networth Stock Broking Limited 6120
Bonanza Portfolio Limited 2977
Arihant Capital Markets Limited 2726
Mansukh Securities & Finance Limited 2500
Emkay Share & Stock Brokers Limited 2147
SKI Capital Services Limited 2000
Alankit Assignments Limited 2000

Other Brokerage Sites

List of all brokerage houses in india..

Classification by Total Terminals,Sub Brokers,Total Employees,Branches,Offerings,City

http://www.dnb.co.in/EquityBroking/company_listing.asp?q=CompanyName

Brokerage Websites

http://www.edelcap.com/PCS/NewsDetails.aspx?ReportID=DA4287B8-C875-4F9F-9B9C-D8390BCE3F51&Query=http://www.edelweiss.cmlinks.com/News.aspx?PN=PC

http://www.emkayshare.com/

http://www.investtimeonline.com/

http://stratstar.com/

http://www.ppfas.com/

http://www.plindia.com/research/fundamental.asp

http://www.antya.com/antya.php

Information on jobs

List of Job sites

http://paler.com/uk_job_sites.html

Job Profiles

http://www.ers.co.uk/jobseekers.asp

List of Job Sites

www.agencycentral.co.uk
www.alec.co.uk
www.beancounterjobs.co.uk
www.careerbuilder.com/administrativejob
www.cvposter.com
www.cwjobs.co.uk
www.dovajobs.co.uk
www.engineeringjobsite.co.uk
www.elanit.co.uk
http://www.experteer.co.uk/account/signup_l/google_uk_lp01/lp02
www.fish4jobs.co.uk
www.flipdog.com (Now Part of Monster)
www.gumtree.com
www.itjobswatch.co.uk
www.job.com
www.jobs.co.uk
www.jobsite.co.uk/it
www.jobs.guardian.co.uk
www.jobsearch.co.uk
www.jobnut.co.uk
www.jobs1.co.uk/directory/recruitment_leisure.html
www.jobsearch.co.uk
www.jobcentre.gov.uk
www.jobserve.com
www.jobsgroup.net
www.jobsite.co.uk
www.jobtrack.co.uk
www.manpower.co.uk
www.singaporejobsonline.com
www.peoplebank.com
www.planetrecruit.com
www.recruitdirectory.com
www.redgoldfish.co.uk
www.reed.co.uk
www.skillfair.co.uk
www.totaljobs.com
www.theitjobboard.com
www.topjobs.co.uk
www.totaljobs.com
www.thejobzone.co.uk
www.ukjobsnet.co.uk
www.workthing.com

Home Loan

Taking joint home loan good for husband and wife

When a couple ties the knot — they pledge to share their lives and all the emotional and financial responsibilities that come with it together. Since buying a house is one of the biggest and most important financial responsibilities, couples invest a lot of time and efforts in ironing out the details for the location of the house, the budget, the co-ownership, down payment, home loan and so on.

However, not many are clear about how the co-ownership share impacts the tax exemptions on home loans. It is imperative that no ambiguity surrounds the tax mathematics here, as the ownership of the property is the most important criterion for claiming tax benefits.

So what does a DINK (double income, no kids) couple — let's say Sunil (35) and Nikita (33) — need to do to optimise the tax benefits on the principal amount and interest payable? If the annual incomes of Sunil and Nikita are assumed to be Rs 7 lakh and Rs 6 lakh, respectively, their taxable income would work out approximately to Rs 6 lakh and Rs 4.5 lakh, respectively.

Like most DINKs, it is likely that Sunil and Nikita will opt for a joint-ownership as well as joint home loan. Thus, both will be eligible to claim exemptions on the principal amount and interest payable. Taking a joint home loan offers dual advantage of minimising the debt burden and maximising the tax reliefs.

A joint home loan involves an applicant and a co-applicant. Housing finance institutions insist that the co-owners of the house have to be co-borrowers as well. However, they do not insist on the reverse. But it is essential for the co-borrowers to be co-owners in order to seek tax rebate. The tax benefits will accrue to the couple in accordance with the co-ownership share. Though there are no restrictions on the ratio of ownership, in the case of Sunil and Nikita, it's best if they have an equal share as their individual taxable income exceeds Rs 2.5 lakh per annum and both fall under the 30% income tax bracket.

Had Nikita been bracketed under the 20% tax payable category, it would have made sense for Sunil to have had a higher share in ownership to claim a higher tax benefit. To illustrate the point, let us assume that they had jointly invested in a property of Rs 25 lakh in the ratio of 60:40; here, the tax benefits would have been shared in the proportion of 2:1.

Sunil and Nikita also have the option of coming to a mutual understanding on the share of ownership — irrespective of the actual investment — depending on who can claim the maximum tax benefit. This option can be exercised if the level of understanding between a couple is good and saving on the tax outgo is of paramount importance to them, otherwise it’s better to stick to the 50:50 ratio, or simply, the actual share in the investment/loan taken.

Let’s understand this with a numerical example. Sunil and Nikita have bought an apartment for Rs 60 lakh and made a down payment of Rs 15 lakh. Now with the ownership share being in the ratio of 50:50, both will borrow Rs 22.5 lakh each. This will be over and above Rs 7.5 lakh that each of them would cough up for the down payment.