MUMBAI: Moneylife, India's most well researched personal finance magazine, has revealed the top wealth creators that have created immense prosperity for the shareholders over the past ten years, in its latest issue, titled as "Wealth Creators 2002-11". This is also the first issue of Moneylife magazine for 2012.
"We learn that the key ingredients for you are: buying cheap and having a long-term view. Our team dissected 10 years of data and came up with interesting findings. Complementing the cover story, our columnist, R Balakrishnan, offers insights into that kinds of returns to expect from different asset classes. We hope that this will induce our readers to become better investors," said Moneylife Team.
In the latest issue, there are some topics that are of serious concern to the well-being of our nation. The 'Crosshairs' section highlights the fact that politicians and powerful figures are taking large swathes of ownership of certain media properties. It won't be long before the news we consume becomes untrustworthy. Perhaps, it already is.
Additionally, there were some extraordinary events at SEBI (Securities and Exchange Board of India) over the past one year, most of which have embarrassed the government. Sucheta Dalal explains in detail and concludes that the watchdog has a lot of work on its hands to clean up its act.
In the Your Interest section, the latest issue have various pieces of general interests, from Nokia's Mobile wallet service to SEBI's initiative to regulate advisors to increase in household inflation, Sub-brokers to do 'in-person' check, and a whole lot of titbits to catch your eye when you're in a hurry.
Moneylife's well-known and widely regarded 'Street Beat' section describes some of the stocks which have caught attention like Foseco India and Munjal Auto and are explained in detail.
Auto aficionados will be surprised to learn from Veeresh Malik, that the Auto Expo, to be held in the first week of 2012 in New Delhi, is not really about cars (and pretty women). What really happens behind the scenes is explained in this issue. In addition, there is a talk about cars being more expensive vis-a-vis rate hikes and the difficulty in implementing high security number plates.
High court advocate SR Singh, in an exclusive interview, explains that if you have any motor insurance and if you haven't filed a claim yet, you may do so as long as you give an explanation.
You will be shocked to hear that an arbitration process, a supposedly convenient and cheaper method of settling disputes, is actually not so cheap and far more complex. Noted lawyer Dr SD Irani explains this in the latest issue.
For those who have made travel plans for 2012, you may want to include Yunnan Province in your itinerary. Jaideep Mukerji discovers the place is situated in the relative unknown south-west of the country, and shares with you it's fascinating culture, history as well as its picturesque landscapes.
Health conscious readers may be surprised to learn of Narmada Kidney Foundation initiatives and campaign to spread awareness of kidney diseases and how they can be prevented.
People who have attended Moneylife Foundation Events have greatly benefited from the valued speakers. During December, the Foundation had:
- Taxation expert Anil Harish who talked about the legalities and rules governing international investing
- Rohan Dukle and Girish Malik spoke on intricacies of mediclaim and life insurance
- A panel of journalists discussed the insidious growth of paid news, based on "Brokering News', an award-winning documentary by Umesh Aggarwal
Moneylife Foundation has been exploring new frontiers and plans to host similar seminars all over the country soon, for the benefit of readers and general public.
Moneylife http://www.moneylife.in
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About Moneylife:
Moneylife, launched in March 2006 is the only media organization that is driven primarily by the interests of customers and investors. This is evident in our long track record of reporting unbiased facts and opinion, innovative analysis and non-profit initiatives. Moneylife is among the most ethical media companies and is known for calling a spade a spade. Visit http://www.moneylife.in
Moneylife magazine:
Moneylife magazine has created a brand for itself as the prime source for unbiased information for savings and investing. Founded in 2006 as an angel-funded company, Moneylife has created a high mindshare with its innovative content and pro-reader stance and has been profitable from Year 1 on a shoestring budget. The magazine offers a totally honest opinion about financial products; we are one of the rare publications to analyse life insurance products with the interests of policyholders in mind and have carried a crusade against debilitating pyramid schemes.
Moneylife Foundation: (http://www.mlfoundation.in)
As part of its strong investor- and customer-orientation, in February 2010, Moneylife set up a non-profit organization, Moneylife Foundation. The Foundation is engaged in spreading financial literacy and works towards safe and fair market practices through workshops, round table meetings, white papers, research, advocacy, awareness campaigns, grievance redressal, counselling, etc.
The Foundation has set up Moneylife Knowledge Centre, a lecture hall-cum-reading room with access to hundreds of books and magazines on business, economics and finance. The Foundation works at enhancing financial literacy at the grassroots level through a combination of focused workshops on issues based on real-life situations and experiences (how to be smart with your money, importance of credit histories, wills and nomination, senior-citizen issues, etc), lectures by experts, panel discussions and focused group meetings to debate specific issues or regulatory changes.
In this short period, the Foundation has worked with mutual funds (Axis MF, ICICI MF), banks (ICICI Bank, Union Bank, Bank of Baroda), intermediaries (Cams, Karvy) and CIBIL and has conducted over 100 seminars and conferences. This record is unmatched by any other NGO. The activities of Moneylife Foundation are now larger than that of all recognized investor organizations put together. Although it is among the smallest, it is the only media company to have taken this initiative.
Moneylife Digital:
Offers news and views with a difference. In its website http://www.moneylife.in, Moneylife Digital puts out socially-relevant relevant news, views from independent columnists and product reviews every few minutes-all encapsulated in a daily newsletter sent to over 75,000 readers.
Contact for more info:
Yogesh Sapkale, yogesh@moneylife.in
Pankaj Raheja, pankaj@moneylife.in