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Tag: Stocks

MProfit Review: A Free Portfolio Management Software

Reading Time: 5 minutes

I’ve been investing in the stock market for a long long time now, and in the early days, kept a written record and then used Excel or Open Office Calc to track my stock portfolio and other investments. Over a period of time, as the portfolio grew, it became cumbersome to keep inputting the data manually whenever there were any changes, and that’s where MProfit Portfolio Management Software came in handy.

Till recently I’ve been using Microsoft Money to do this, along with the ET Portfolio Tracker for stocks and Value Research for mutual funds. There are portfolio tools with demat and online trading providers too. I use Sharekhan, HDFC Securities and ICICIDirect, and am not too enthused about their portfolio trackers. Besides, they will only track my investments done through them.

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Can Indians trade on NASDAQ?

Reading Time: 2 minutes

Can Indians trade on NASDAQ?

The answer is Yes. Close on the heels of the RBI upping the annual limit for overseas remittances for individual investors to $200,000, ICICI Bank’s online trading arm, icicidirect.com, has opened the gates for Indians to invest in stocks of premier US companies that are listed on the NYSE, American Stock Exchange, and the NASDAQ.

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Lunch with Warren Buffett for $650,100

Reading Time: 2 minutes

How far can $650,100 go?

Well, a three hour power lunch with the Oracle of Omaha, Warren Buffett, for starters…

After four earlier unsuccessful attempts, Mohnish Pabrai, a California based Indian investor and hedge fund manager and his bidding partner, Guy Spier of Aquamarine Capital Management LLC finally managed to come up with the winning bid of $650,100 (Rs. 2.6 crore) in the annual charity auction on eBay.

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