Showing posts with label online trading. Show all posts
Showing posts with label online trading. Show all posts

Wednesday, November 17, 2010

Managing employees in India

For a Foreigner or a Non-resident Indian coming and working in a country like India can be very daunting. First there is huge difference in cultures along with conversing in correct English. When I was studying in the UK for a post-graduate degree, I used to work to earn a bit of extra money. I had four employers during my total stay in the UK, namely a brokerage firm, KFC, Phones4U and Gnutrade N.V. My experience there as an employee taught me to be self dependent, honest and motivating to others. In my last company, Gnutrade N.V., I showed interest towards bring the customer support wing of the company to India, since I planned to come back for good. The company was delighted that this was another way of outsourcing which will save them money.

Back in India, I was all geared up to open my own company, and bringing in more work for myself other than the work from the UK based company. It was time I employed a few people who could help me smoothen out the day to day activities. The point where I stand now and look behind, I see a few employees who were self obsessed, dishonest and the least motivating people I ever worked with. Presently 2 people work under me and only one of them is a dedicated person like me. Managing employees in India is a huge task where you not only have to do your own work, but also finish theirs too just to save your own ass. Many employees who have worked under me lacked confidence, imagination, creativity, will power and most of all the discipline at the work place.

I do not say that all Indians are the same, but if one is working in a professional arena, discipline, honesty and hard work form the most important part of a job, which many Indian employees lack. This is where managerial skills of the boss comes in, getting work done is a more challenging task.

A manager can only see success in his employees if:
- he himself is disciplined in checking how his employees work and correcting them when needed.
- Answerable to the manager from time to time keeps employees under check.
- Placing realistic goals for employees keeps them interested in their work.

I hope these pointers are useful to both managers and employees to be best at their work.

Tuesday, March 02, 2010

BRIC the way to global economic health

(source: http://totalgadha.com)
 
Like one of my earlier posts, I again stress here that developing countries will take the rest of the world out of recession and BRIC countries would be the ones to do it. BRIC stands for Brazil, Russia, India and China. There countries show promising future for any country or company ready to invest. An investor, Mark Mobius, Templeton Asset Management Ltd, wrote in a note on 1st March 2010, (according to bloomberg.com): "India’s macroeconomic fundamentals have significantly improved. The government has done a good job in managing the economy through the recent crisis and, unlike companies in the US and Europe, most companies have healthy balance sheets and strong cash flows.”

Monday, March 03, 2008

Top 10 Trading tips in Finance for Newbies:


1. First and foremost tip is to keep aside a portion of your extra money if you decide to start trading, do not take out the amount from your savings ,for the simple
reason that in case you loose you cannot retreive the lost amount.

2.Research and research on the best stocks if you are interested to trade in stocks of companies you could trade on, look at their Payout ratio, Past peformances by
looking at their Profit and Loss and Balance Sheet statements( this informaton can be gathered from Financial Times Company Statements service or request this information from the company website directly).Also it is safer to put money on Small-capital and
Mid-capital companies rather than on Large-capital companies.

3. Now the trend is to trade online , so look for good websites who teach newbies like you about what and how to trade. There are sites who are dedicated to only teach and some who not only allow users to try out their site for free but also teach them through their learning centre.

4. Become active on different forums and blogs where investors communicate with each daily, this will not only keep you updated with the latest financial news but also
you will make new and long lasting business contacts.

5. If you do not want to risk on stocks , then opt for a website which deals with indicies or commodities or currencies as a whole or intra-day trading or index or stock trading, for example if you comfortable to
trade on forex look for such sites.

6. Always keep in mind to look for new and innovative methods to trade online, do not miss an oportunity to try out something new (as long as they offer service that is).

7. Make sure you cash in any profits made while trading,just in case the website vanishes with your profits ( this happens rarely but it is better to be cautious from the start).

8. Follow your trades everyday since markets are unpredictable and you never know a when a winning trade is turning around into a horrifying one.

9. The other important aspect is to use your profits made in investing into other avenues of investment like real estate, this ensures that your money is put to use somewhere and not used to trade only. This way you will have a varied personal portfolio, distributing the risk and maximising the profits in an effeciant manner.

10. Lastly, keep in mind that income generated from trading is taxable income,check the income tax rules of your country to be able to understand the way your
income will be taxed.

Wednesday, May 02, 2007

Pretty Hectic!!!!!!!!

Can't tell you guys how hectic it has been for me since the last 2 months. My hubby's new job has not only made my schedule hectic but we don't get enough time for ourselves . I know it's a pity , married just over 4 months now and can't really get time for each other. That is called a metro life . Work work and work , but I do love my work, it keeps me going.

I like to learn new stuff no matter how long it takes me to learn it ,I love to keep myself busy.

Lately I have found myself keenly and strangely fascinated by the 'in thing' 'online financial trading' , so I went on to search for some cool looking and fun filled ways to trade online. You must be thinking that I am talking all crap , online trading being cool and fun filled. Well I am talking sense guys, there is such a site which not only makes it fun to trade but also is informative.

The plus point is ,any one , even a person not well versed with trading can learn about stocks and markets .

It is new, and provides simple ways to trade and bet, has a unique display to instantly assess markets ,free access to live prices ,give you the opportunity to learn to trade using play money , no commissions to pay ,make money without risking your cash ,free, advanced software - no downloads and most importantly it has quick, secure payout and deposit methods .

What more do you need? Anyways lets not beat around the bush , the site is named GNUTRADE.com , pretty easy to remember too. So guys check it out , I am waiting for your feedback .

Cheers....