Beware MLM Schemes
December 21, 2012 2 Comments
Should You Buy A New Car In December?
December 20, 2012 Leave a comment
Savvy car buyers always wait for the month of December to buy new cars as the manufacturers and their dealers offer exciting discounts during the year-end to clear inventory. This year, it is even better thanks to a depressed economy and sluggish car sales. For example, you can pocket a discount of close to Rs 75,000 on Ford Fiesta, Rs 75,000 on Fiat Punto, Rs 25,000 on a Wagon R, Rs 30,000 on Mahindra Verito, Rs 60,000 on Chevrolet Spark and so on.Interestingly, due to the rise in petrol prices, there is a huge demand for diesel cars this year. That is why the discounts are mostly on the slow-moving petrol models with little or no discounts on the diesel variants. Here is a list of the best deals in town: http://www.bsmotoring.com/storypage.php?autono=6110
So should you grab one of the current offers?Your decision should be based on how long you plan to use the car, how much you drive daily and after calculating whether the current discounts work in your favour. Read more of this post
The A-Z of LBOs
December 15, 2012 2 Comments
WHAT IS AN LBO?
During mergers and acquisitions, when the buyer borrows money by keeping assets of the target company as collateral to fund the acquisition, it is known as a leveraged buyout (LBO). The borrowed funds could include junk bonds or traditional bank financing. Often a leveraged buyout does not involve much committed capital, as reflected by the high debt-to-equity ratio of the total purchase price (typically an average of 70% debt, 30% equity). In addition, any interest that accrues during the buyout tends to get compensated by the future cash flow of the acquired company. Read more of this post
Planning Your Emergency Fund
December 12, 2012 2 Comments
The graph above shows the value of an individual’s emergency fund expressed in the number of weeks worth of expenses vs. the percentage likelihood of having an emergency that would wipe it out. It starts at 100% with no emergency fund and works down to about 3% at 52 weeks worth of expenses in reserve. Read more of this post
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