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3.45 

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Take Control if you can’t roll
Jul 02, 2007 01:29 PM 12425 Views
(Updated Jul 02, 2007 01:35 PM)

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My late father was shrewd Money Manager of the old generation type. They call them Kanaku pillai clan in Tamil who kept a locker and maintained impeccable books of accounts even when a Septuagenarian. They never used Calculators and knew exactly how to roll money in the era of high interest rates. He never used the school shades even for rain. For that matter, even the Great Srinivas Ramanujam conjured infinite possibilities of Mathematics after discontinuing from School.


These days we have so many options available when there is enough money to be earned.Many know how to roll money these days on Gaming Zones in IMAX and Multiplex where the coin goes only one way-IN. Some know how to eat the BIG MAC while some spend the bounty to watch enough movies to write First day First show revs on MS. Some are smart enough to have the same Kaapi at home instead of flirting at Coffee Day to save some hundreds on Monthly budgets.


Nevertheless mOney spent does not come back again and mOney controlled keeps the mOney multiplied for more multiplexing. The age of computers and the age of online banking and Finance is a boon cum bane to quickly monitor, control, earn and grow the Paper which moves the world. Moneycontrol.com is one website which is the ultimate mOney shopper’s stop for all your finance needs whether you are a novice earning your first salary or the experienced pro fighting bulls in stock Market.


The plethora of information in the website professionally managed and serviced is for the serious who want total information and no banal stuff like in MS. The home page of mOney Control gives you all the news on Current market apart from Videos, Graphs, market maps, advice, special articles, chatting zone and Message board.


The tabs take you to individual links like Markets, Mutual Funds, IPO, Portfolio, Services and PF. Each of the links is an information highway which keeps changing every day the way markets change. Some of the important features of Money control with respect to individual links can be summed as follows:-



Markets:** The front page gives the complete market scenario with the latest news of the day including sensex updates with losers and gainers. For newbie, lots of advice is available while for others, you have individual tracking of each and every stock with bar graphs and History. The amount of technical inputs that goes into the stocks gives you a complete tool to assess where you stand with your stocks.


Mutual Funds: Money control with its lightning fast interface and quick links to various funds tracking makes it the best site to know on Mutual funds surpassing mutualfundsindia.com and AMFI. The front page gives you a snapshot of top performing funds and gives you the current trends in each of the Fund sectors and types including a snapshot Bar Graph. You can check out all the new Fund offers and get into such details as to the Fund Manager, asset Management, historical graph and a comparison with other funds in the same sector.



Personal Finance: **This is a fantastic portal to understand simple economics of personal mOney Management which all of you come across every day like:



TAX:** What is my net personal Tax last year and which segment do I fall. How do I get a PAN CARD? What are the deductions and what are the saving options? How to calculate dividend interests and Capital gains? How does my tax change with other income?


All answers in a nutshell.


INSURANCE: My word-it has A-Z Insurance info right from basics to complete policy management including Returns calculator.



LOANS: **If you are bemused why you get so many calls these days asking you for paperless loan in seven working days, it means the Banks are after you like guinea pigs trying to grab hold of bald man’s hair. Safer will be to study the individual loan providers against all the miscellaneous and sundry in such a section which offers you a complete comparison of all loans, may it be Educational, Home or personal.



CREDIT CARDS:** My father taught me how to count Money when I was seven. The urban funda now is counting Cards when STATUS= CARDS(Credit+ Debit+ License+ Corporate I.D + Fuel) - mOney. Whatever be the case plastic rules the material world even if it is carcinogenic and phonogenic. Money Control gives you the right guidelines with interest rates and Fee structure from the abundant list of CC providers(which in no way improves your CC) including the History of how plastic became card and card became plastic.



PORTFOLIO MANAGEMENT:**  This is the best part of the site where in one single portfolio you can manage your stocks, Mutual funds, Assets and Borrowings. You need to sign in to access this and once you are in, it’s an awesome new look portfolio management tool makes you a mandatory visitor every day.


Other options include online transactions and form downloads which saves lot of time and mOney with just clicks away.


The daily e mail updates from Money Control keeps your mOney Control in safe hands where even the crooks can’t break in.


So, you decide whether your money or your life.


Thanks for reading.


(For Web designers moneycontrol.com is one platform which simply will be a great site to understand how an ocean of information & content keeps pouring and changing by the day.)


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