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will my dream come true in this company

Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
Will this company help me acheive my dream...I plan to accumulate money by the following plan..heard that TCS sends people for lot of onsite projects..so in case if they send me to US for 2 years then the calculation is as follows..
I hope to save around 1.5 lakhs/month..so 24*1.5=36 lakhs...

and within 10 years I guess i can go onsite minimum 4-5 times...

so I will have around 50 lahs..that 50 lakhs if I invest in equities and real estate I feel I can earn 4 crore by my 30th age..

Ranchers what do u feel...please reply...If you feel some other company other than TCS can help acheive my dream please suggest those companies also...
Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
My dream in life is to have Rs 4 crore(40 million) in hand before the age of 30 yrs..currently I am 21 yrs old and I have got a job in TCS...

Will this company help me acheive my dream...I plan to accumulate money by the following plan..heard that TCS sends people for lot of onsite projects..so in case if they send me to US for 2 years then the calculation is as follows..
I hope to save around 1.5 lakhs/month..so 24*1.5=36 lakhs...

and within 10 years I guess i can go onsite minimum 4-5 times...

so I will have around 50 lahs..that 50 lakhs if I invest in equities and real estate I feel I can earn 4 crore by my 30th age..

Ranchers what do u feel...please reply...If you feel some other company other than TCS can help acheive my dream please suggest those companies also...
Sania Marsh
Ranch Hand

Joined: Jul 12, 2004
Posts: 469
Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
Why Sania what is wrong with my dream.where there is a will there is a way..what do you say?
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

Grow up!!!

I just hope to have 4 ppl unrelated to me to miss me very much in their life when I die!

- Manish
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

BTW, intersting calculations....I am not in a mood today to discuss gains/returns on investments etc etc, (need to tame tomcat on another 64 bit beast) but somebody must be.

- Manish
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

In 10 years, 4-5 times of duration 2 years???

- Manish
ali haider
Ranch Hand

Joined: Feb 05, 2005
Posts: 61
Originally posted by Suresh Mahesh:
Why Sania what is wrong with my dream.where there is a will there is a way..what do you say?


ofcourse there is. And why 4 you can earn 40 and I am not joking. But ya to convert your 50L to 4 crores you need to be a better financial investor than a developer. And in that case I suggest why not quit your job, do an MBA and get into investment banking or trading. Then even 40 will seem small. All this ofcoz provided you are that good.


A Professional is one who can work best when he doesn't feel like it!
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Put your money in GAIL, NTPC and Petronet LNG shares. If India-Iran pipeline materializes money will grow.


Groovy
Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
ok..then please give me an estimate how much can i accumulate in 10 years if were to continue working in TCS..please do calculation and reply..
ankur rathi
Ranch Hand

Joined: Oct 11, 2004
Posts: 3830
Originally posted by Pradip Bhat:
Put your money in GAIL, NTPC and Petronet LNG shares. If India-Iran pipeline materializes money will grow.


Hi Pradeep,
IPO of Shopper's Stop is coming into market.
What you say, is it good to invest in that ...
Any other share you would like to suggest ...
Thanks.
Rashmi Tambe
Ranch Hand

Joined: Aug 07, 2001
Posts: 418
I think, shoppers stop IPO has already come in market, rather it has been put on hold...refer here
[ April 28, 2005: Message edited by: Rashmi Tambe ]
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by rathi ji:


Hi Pradeep,
IPO of Shopper's Stop is coming into market.
What you say, is it good to invest in that ...
Any other share you would like to suggest ...
Thanks.


Now a days a IPO promoters have become greedy. PNB,Allahabad bank and 3i infotech, jayprakash hydro are all trading below the issue price. OBC is highly priced at 235-260 rs band. Avoid OBC at any cost. The markets are like to correct for some more time.

Shoppers Stop is also highly priced but it likely that there will be listing gain. I am planning to apply but will do so only on the last day.There was some controversy regarding the issue itself as the Gauhati HC stopped the issue but SC cleared it y'day. Visit nse-india.com to know the subscription details.

Did you apply in Gokaldas IPO? It is quoting at 660 rs. Issue price was 435.
HAPPY INVESTING!!
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by Rashmi Tambe:
I think, shoppers stop IPO has already come in market, rather it has been put on hold...refer [URL=Shoppers' Stop IPO put on hold ]here[/URL]


SC has already given green signal for the issue.
Vinit Patil
Ranch Hand

Joined: Mar 17, 2005
Posts: 37
Originally posted by Suresh Mahesh:
I hope to save around 1.5 lakhs/month..so 24*1.5=36 lakhs...

and within 10 years I guess i can go onsite minimum 4-5 times...

so I will have around 50 lahs..that 50 lakhs if I invest in equities and real estate I feel I can earn 4 crore by my 30th age..

Ranchers what do u feel...please reply...If you feel some other company other than TCS can help acheive my dream please suggest those companies also...



If you had bought $1000.00 worth of Nortel stock a year ago, it would now be
worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one
year ago, drank all the beer, then turned in the cans for the 10 cent
deposit, you would have $214.00.

Based on the above, my current investment advice is to drink beer heavily
and recycle.


Cheers,
Vinit
ankur rathi
Ranch Hand

Joined: Oct 11, 2004
Posts: 3830
Originally posted by Pradip Bhat:


Now a days a IPO promoters have become greedy. PNB,Allahabad bank and 3i infotech, jayprakash hydro are all trading below the issue price. OBC is highly priced at 235-260 rs band. Avoid OBC at any cost. The markets are like to correct for some more time.

Shoppers Stop is also highly priced but it likely that there will be listing gain. I am planning to apply but will do so only on the last day.There was some controversy regarding the issue itself as the Gauhati HC stopped the issue but SC cleared it y'day. Visit nse-india.com to know the subscription details.

Did you apply in Gokaldas IPO? It is quoting at 660 rs. Issue price was 435.
HAPPY INVESTING!!


NO Pradeep,
I am thinking to get into this business from this IPO.
Can you suggest me, which demate account will be good ...
Thanks.
Rashmi Tambe
Ranch Hand

Joined: Aug 07, 2001
Posts: 418
Originally posted by rathi ji:


NO Pradeep,
I am thinking to get into this business from this IPO.
Can you suggest me, which demate account will be good ...
Thanks.


Go For ICICI, it operates with both BSE and NSE. And u can buy IPOs online too. Even ShareKhan is good, but they operate only with NSE. Sharekhan is present is Pune. I am not sure of any other cities. But ICICI will be everywhere.
[ April 28, 2005: Message edited by: Rashmi Tambe ]
Sridhar Garimella
Ranch Hand

Joined: Feb 18, 2000
Posts: 73
Dont invest all your money in equity market. Invest some thing in bond market so that if share market falls, you can sell your bonds at higher price and reduce the loss.


Thanks,<br />Sridhar.
Sania Marsh
Ranch Hand

Joined: Jul 12, 2004
Posts: 469
Originally posted by Suresh Mahesh:
Why Sania what is wrong with my dream.where there is a will there is a way..what do you say?


Do you really want to spend your youth dreaming of money? for what? what will happen when you will be 30?
Sania Marsh
Ranch Hand

Joined: Jul 12, 2004
Posts: 469
Originally posted by Manish Kumar:
Grow up!!!

I just hope to have 4 ppl unrelated to me to miss me very much in their life when I die!

- Manish


even that is too much for me, all I want is noone to suffer because of me after I die.
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

Originally posted by Sania Marsh:


even that is too much for me, all I want is noone to suffer because of me after I die.


Nah, I do ensure through my actions that nobody suffers because of me.

- Manish
Anand Prabhu
Ranch Hand

Joined: Dec 19, 2003
Posts: 299
Originally posted by Suresh Mahesh:
ok..then please give me an estimate how much can i accumulate in 10 years if were to continue working in TCS..please do calculation and reply..


Suresh,

You are making a lot of assumptions. Amongst those are:
1) The IT industry is going to be blooming as is now for the next 10 years. With the US economy still not doing that great and the Indian IT industry still doing their major business with US firms, it's tough to predict the next few years, save 10 years. And definitely, many other countries will catch up.
2) Currency fluctuations. The dollar is getting weaker and if it goes below Rs.40, things will get very nasty for the Indian IT industry.
3) It will be extremely tough for you to save Rs 1.5 lakhs per month here. That amounts to a savings of $3,500 per month. Definitely, TCS will not pay you that kind of money if they were to send you onsite (you have very little experience). If you are considering them paying you the Indian salary while you are onsite, then they would have to pay you a nominal salary in dollars here. And trust me, you will have a tough time saving even $1000 per month. And the Indian salary won't definitely be Rs 1.5 lakhs. I gathered this after discussions with many people from TCS, Wipro, Satyam, Syntel and Infosys.
4) You are 21. There is no way TCS will send you to US so soon without much experience. You will have to wait for atleast a couple of years.
5) If you want to invest in stocks with your money, consult a financial advisor or follow the stock markets dilligently. You could lose your lifetime savings in a blink of an eye if you are not careful.

Anand
Varun Khanna
Ranch Hand

Joined: May 30, 2002
Posts: 1400
Originally posted by Manish Kumar:
Grow up!!!

I just hope to have 4 ppl unrelated to me to miss me very much in their life when I die!

- Manish


Ask 4 unrelated friends to lend you some big money and don't ever pay it back. Surely they gonna miss you big time


- Varun
Henry Wong
author
Sheriff

Joined: Sep 28, 2004
Posts: 18999
    
  40

Originally posted by Suresh Mahesh:

Ranchers what do u feel...please reply...If you feel some other company other than TCS can help acheive my dream please suggest those companies also...


I don't think that it is a good idea to have a plan, that is 10 years long, and measured in income / savings. I think you are going to find that your priorities at 30 is going to much different than your priorities at 21.

Henry


Books: Java Threads, 3rd Edition, Jini in a Nutshell, and Java Gems (contributor)
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by Sridhar Garimella:
Dont invest all your money in equity market. Invest some thing in bond market so that if share market falls, you can sell your bonds at higher price and reduce the loss.


You are right. I lost 4K in Allahabd FPO.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by rathi ji:


NO Pradeep,
I am thinking to get into this business from this IPO.
Can you suggest me, which demate account will be good ...
Thanks.


ICICI bank or kotak street would be good. The problem with ICICI is that the site is too slow (many say so) but it has more facilities than Kotak street. Sharekhan , I am not sure.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Based on the above, my current investment advice is to drink beer heavily
and recycle.


This will result in 4 cr. loss in 2 years.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

1) The IT industry is going to be blooming as is now for the next 10 years. With the US economy still not doing that great and the Indian IT industry still doing their major business with US firms, it's tough to predict the next few years, save 10 years. And definitely, many other countries will catch up.


Some companies have started lay offs in India. Oracle *India* did lay off people in the name of PeopleSoft merger. TCS did not have encouraging results. TCS plans to reduce onsite opp in the future. I am sure you guys have read artciles on Rediff site posted couple of days ago.
Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
Thanx for your suggestions..yes I do invest in stock markets..I use share khan..That is good...ICICI charges 1% and I dont find that attractive.it hits my profit..

I invested in gokaldas recently..got 100 shares made a cool profit of 20k investing 45k...Apart from that I made good profit investing in Arvind mills and Jindal within a month....well I do spend most percentage of my time doing research on stocks...

The Dollar doesn't look so good, but that is great for foreign stocks
and bonds. And even the negative for the US stock market is an
opportunity for those that understand how to benefit from a market
decline though hedges.

I hold only selective stocks for long term..otherwise I hold it for only a short period..so for i have been able to make a profit of 5-6% a month..that translates to 5*12=60%..sometimes it is even 15% a month..I even make money in a bearish market by short selling.

Some of you who read my posts must have thought that I am greedy..But no,I am just being practical..ultimately people respect you only for your money you have..and I am confident that I can make good money in due course of time provided I have a good starting investment of around 50 lakhs..thatz why i am so interested to go to onsite and earn money..

If nothing else works out..I am planning to go to USA.I have already got admits in couple of good universities(Georgia tech,USC,cincinnatti)..I planning to go for MS(comp science)..hope i will make my aim come true..Thanks for your suggestions..
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

invested in gokaldas recently..got 100 shares made a cool profit of 20k investing 45k...


How was 100 shares alloted to you ? Which category did you apply. No retail investor got more than 60 shares.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Some of you who read my posts must have thought that I am greedy..But no,I am just being practical..ultimately people respect you only for your money you have..and I am confident that I can make good money in due course of time provided I have a good starting investment of around 50 lakhs..thatz why i am so interested to go to onsite and earn money..


What makes you feel that 4 crore is enough for getting respect. It is not enough.
Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
I opened an account dads name,mom's name apart from my account..That helps in situations like this and even to escape from tax..
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by Suresh Mahesh:
I opened an account dads name,mom's name apart from my account..That helps in situations like this and even to escape from tax..


This means that you are already rich. So target of 4 crores is less is pretty low. :roll:
Suresh Mahesh
Ranch Hand

Joined: Apr 27, 2005
Posts: 40
No,it's my dad's retirment money.
ankur rathi
Ranch Hand

Joined: Oct 11, 2004
Posts: 3830
Originally posted by Pradip Bhat:


ICICI bank or kotak street would be good. The problem with ICICI is that the site is too slow (many say so) but it has more facilities than Kotak street. Sharekhan , I am not sure.


Thanks Pradeep & Rashmi,
I am looking for an account that is cheap in all the way, I mean initial cost, charges they take for any transaction etc ...

Thanks a lot once again.
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

Originally posted by Varun Khanna:


Ask 4 unrelated friends to lend you some big money and don't ever pay it back. Surely they gonna miss you big time


Good one!!!
So varun could you please send me sum f Rs 100,000 so that I can invest it in some ICICI and other shares....Boy, someday I am gonna understand thsui money and shars market!! Or so I hope.
krishnaraj sg
Greenhorn

Joined: Apr 29, 2005
Posts: 17
hi all,

i m considering a offer from GE bangalore,salary is cool...but i want to know about the work culture...how are the projects in Java/j2ee...
will that be a good decision,if i join GE?...
actually i got few more offers from Fidelity and iFlex...
what you people suggest...which one shall i opt.?
please help in making the decision...

krishnaraj
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by rathi ji:


Thanks Pradeep & Rashmi,
I am looking for an account that is cheap in all the way, I mean initial cost, charges they take for any transaction etc ...

Thanks a lot once again.


ICICI brokerage is costly. So look for sharekhan or kotak.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by Manish Kumar:


Good one!!!
So varun could you please send me sum f Rs 100,000 so that I can invest it in some ICICI and other shares....Boy, someday I am gonna understand thsui money and shars market!! Or so I hope.


Markets have crashed today.
tapan maheshwari
Greenhorn

Joined: Oct 31, 2003
Posts: 4
------------------------------------------------------
quote:
----------------------------------------------------------------------------
Originally posted by rathi ji:

Thanks Pradeep & Rashmi,
I am looking for an account that is cheap in all the way, I mean initial cost, charges they take for any transaction etc ...
----------------------------------------------------------------------------
ICICI brokerage is costly. So look for sharekhan or kotak.
--------------------

-----------------------------------------------------------


whats your opinion about indiabulls?
[ April 29, 2005: Message edited by: tapan m ]
 
I agree. Here's the link: http://aspose.com/file-tools
 
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