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View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs. 219 32.02%
26 - 50% -- I have a few stocks. 302 44.15%
51 - 75% -- I'm an active trader. 113 16.52%
76 - 100% -- Hey, I'm an i-banker!!! 50 7.31%
Voters: 684. You may not vote on this poll

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Old 24th October 2008, 15:45   #796
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I guarantee that the sensex will not fall by a single point on tuesday. I am willing to bet on that
Why, because its closed that day
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Old 24th October 2008, 15:48   #797
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Quote:
Originally Posted by tsk1979 View Post
I guarantee that the sensex will not fall by a single point on tuesday. I am willing to bet on that
Haha, I'm with you on that NSE Holidays 2008 | BSE Holidays 2008 | Stock Market Holidays

But what I meant was next trading session, as there is no confidence at this level in the market.
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Old 24th October 2008, 15:53   #798
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I guarantee that the sensex will not fall by a single point on tuesday. I am willing to bet on that
I will wager on the same
Now am so use to of falling sensex today fall of 900 points seems ok!
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Old 24th October 2008, 15:54   #799
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Can we buy Mutual Funds using a credit card?
Is there any website that allows us to do the same?

I am specifically looking at ELSS funds.
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Old 24th October 2008, 15:55   #800
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Monday FM will step in, sensex will hold stable maybe even rise, Diwali sentiment will prevail
On Tuesday night crackers will be burst in India, and there will be boom boom in American markets(as usual), and Wednesday it will be turn of the the stock market to go "bang bang"
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Old 24th October 2008, 15:59   #801
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Originally Posted by harry10 View Post
Now am so use to of falling sensex today fall of 900 points seems ok!
Only if it was 900. Its 1070.63
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Old 24th October 2008, 15:59   #802
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It's still a choppy market. It's almost 60% + discounted from it's peak, but it's still unsure that this is the bottom.
In such scenario, IMHO it's wise to accumulate on every dips, frontline/blue chip stocks you always wanted to buy. Buy in small quantities at every dip.
Remember, this is cyclical, this time a bit longer. And when the bulls go berserk (there's still ample time for that to happen), every Tom, Dick & Harry stock'll shoot up.
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Old 24th October 2008, 16:02   #803
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Can we buy Mutual Funds using a credit card?
Is there any website that allows us to do the same?
Are you serious?? Anyway, AFAIK, there isn't any MF that's crazy enough to offer such an option. You need a demat account + trading account + PAN card proof + some real money to buy MF's in India.

Last edited by spadival : 24th October 2008 at 16:04.
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Old 24th October 2008, 16:06   #804
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^^ Why do you say that?
Its just another means of payment.
If used wisely Credit cards give one a lot of leverage.
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Old 24th October 2008, 16:08   #805
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Originally Posted by spadival View Post
Are you serious?? Anyway, AFAIK, there isn't any MF that's crazy enough to offer such an option. You need a demat account + trading account + PAN card proof + some real money to buy MF's in India.

I don't think you need demat and trading account to buy MF's. All of these is required only in case of buying shares.
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Old 24th October 2008, 16:09   #806
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Quote:
Originally Posted by bblost View Post
^^ Why do you say that?
Its just another means of payment.
If used wisely Credit cards give one a lot of leverage.
It's a means of payment! not investment. Investing on credit doesn't make sense and would not be an option ever!
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Old 24th October 2008, 16:14   #807
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Please my question is a simple one.
Can I use a credit card to buy Mutual Funds.

Would be great if someone can tell me yes or no.
If yes, which website lets me do that.
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Old 24th October 2008, 16:15   #808
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Yes You dont need a trading account for buying MFs
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Old 24th October 2008, 16:31   #809
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Quote:
Originally Posted by bblost View Post
Please my question is a simple one.
Can I use a credit card to buy Mutual Funds.

Would be great if someone can tell me yes or no.
If yes, which website lets me do that.
BillDesk - All Your Payments. Single Location.

I see it as a loophole in the financial system. But its there!

Edit: You'll have to check if it works with CC. I have made payments through CC which were routed through this site but never directly.

Last edited by SLK : 24th October 2008 at 16:35.
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Old 24th October 2008, 16:47   #810
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I have been offered rights for a stock I have at a rate which is higher than the current market price! Whats the idea of this? It wont get subscribed to at all, or am I wrong?
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