Few months back I wrote, post about MPROFIT, a product for personalized portfolio management which is desktop based. In simple terms, this is solution for retail investors to manage/track their transactions across many different types of asset class. It simplifies many of the mundane tasks of portfolio tracking. Some of the highlights are:
- Manage an unlimited number of individual and group portfolios: This is good for all do-it-yourself investors. Almost all of us tend to manage different types of assets/buckets/type of portfolio.
- Manage assets like Stocks, MFs, ETFs, ULIPs, Insurance Policies, Private Equity, FDs, Bonds, PPF, Gold, Silver, Property, Art and many more…
- Online update of BSE stock prices, Mutual Fund NAVs and ETFs – I like this one
- Track income received from investments – I love this one
- Annualised Returns (XIRR) report – My favorite feature because I believe this has much more relevance in personal investing. CAGRs are nothing but mathematical jugglery.
- Online update for newly listed stocks, mutual funds, ETFs and company name changes
- All your financial data is saved locally on your computer – My preferred choice, I like my personal financial stuff in my own computer, especially in Indian context.
In addition, I like that team at MPROFIT listens to its customers. It keeps adding features that customers are looking for and makes more sense to individuals like us. The most recent update (v5.0) has added capability with different methods of “data importing”. Different ways to import data are: Continue reading rest of this article…
Over a year ago, I wrote a guest article about Beginners Guide Before Starting a Blog. In that article, I presented three elements for any blog to get any traction. These three elements were (1) Blog to add value for your readers; (2) Shared Learning is a two way street; and (3) Don’t fool yourself. One of TIPBlog readers, Raja, left a very inquisitive comment. This comment consists of his observations, his dilemma, and few related questions. The size of the comment is long enough to be considered a post in itself. I respect the thought process and effort that went behind writing that comment. So let me jump in.
I will present my discussion in two parts, viz. (1) respond to Raja’s questions in this post, and (2) As a beginner how would I set out in trying to monetize my gardening blog. This will be in next post. Continue reading rest of this article…
Once in a while, I discuss about topics other than investing such as THE HINDU’s website design at foreign source and my thoughts about it. That particular post resulted in passionate discussion on both side of the aisle. There was one theme that seemed to be echoed by quite a few commentators, and that was; there are companies and entrepreneurs that are focusing on developing products. Many entrepreneurs are in fact attempting to develop solutions for Indian consumers. Continue reading rest of this article…
Social Media is a new buzz in business circles and marketing machinery. If you have an email address and read popular news articles on internet, then it is hard for you to avoid the talk of social media. It is the new in-thing in today’s World Wide Web. There are many different connotations of social media such as social is influence marketing, social is conversation, social is inbound marketing, social is permission marketing, social is community, and many more. At a fundamental level, it is nothing but organization of social groups. I think of it as similar to group of people in our building, our society, our group of colleagues in work place, etc albeit much larger now. One aspect about such web based social groups is that we may not know folks in our society (physically close), but many of us will probably know much more about somebody we have never met.
Naysayers view it as irrelevant because there is lack of privacy, you should not pour your soul into public, has no ROI, its nothing but new tool for marketing, and it is just a platform to keep in touch. Yaysayers view it as new trend in modern society, it is a new marketing opportunity, they want to leverage the presence of large number people, it is where the customers are, that where most of the conversation is taking place, and many more such arguments. Continue reading rest of this article…
It has been almost 10 months now since I have started this blog. It started as means to share my journey and also to keep track of investment data that I generate for my personal investments. May 2009 was the last time I had discussed about traffic for TIPBlog. At that time, the blog was new and hence I presented the most cliché metrics such as number of visits and page views. In today’s post I am reviewing it again, but this time it is in the context of the metrics for social media. I am using frame work presented at Occam Razor by Avinash Kaushik (AK). AK’s reputation is; he is considered as one of the experts in Web Analytics. The essence of AK’s frame work is using trends in six key performances matrices. There is no absolute value which demonstrates success. AK suggests focusing on trends; they should be going in right direction. The six key performance indicators for measuring success of a blog are as follows: Continue reading rest of this article…
Determining ROI from TIPBlog