Moneycontrol.com is the best site for Indian Investors

PC World magazine selected MoneyControl.com as the best site for Indian stock market investors. According to PC world, Moneycontrol.com emerged as outright winner with clean and easy interface with up to date content. ICICI Direct.com emerged as winner in utilising technology to satisfy customer needs.

Why Moneycontrol is the best site?

1. It is the best all in one site for Indian investors. This site has comprehensive information on Indian stocks, Mutual Funds, Commodities and IPOs.

2. Best portfolio manager among Indian websites. It sends daily email about your portfolio gains/losses.

3. Free experts opinions. But recommendations from these experts are not up to the mark.

4. Best message forums with active participation of experienced users.

5. This site has comprehensive tools for investors with complete information about Day’s highs/lows and volumes etc.

6. Its sister sites i.e. Indiaearnings.com, Commoditiescontrol.com and EasyMF.com are best sites in their respective categories.

Why Money Control Sucks?

1. Site is very slow especially during trading times. Its loading time is worst among major Indian sites.

2. Too many ads with too much optimisation. It is difficult for ordinary user to differentiate between content and ads.

3. Site design is outdated which needs complete makeover like Indiatimes.com.

ICICIdirect.com scores over Moneycontrol.com in design, speed and recommendations.

Please share your opinion.

Money 4 You – New Financial Education Website

Indian Banks association in association with Master card and Indian cards council launched a financial education website “Money4you”. Master card launched similar websites in China, Taiwan, Australia and America. Money4you is an interactive website with financial tips and information about financial planning.
This site is a must visit for all the credit card holders. It includes comprehensive information on financial glossary. You can tell your grievances about credit card companies.

This site gave more importance to credit cards while neglecting other financial segments like Insurance, Equities and taxes. Frankly speaking, all the information is a basic one but it is a welcome initiative on part of banks and master card.

I hope that this beautifully designed website will improve the financial literacy there by helping to take wise decisions by adding more useful content.

Tips for safe online shopping

With increase in online scams, every one needs to know the necessary precautions for safe online shopping. If we follow these basic rules, we can able to escape from online frauds.

1. Do research before buying online. Compare prices on major shopping sites before buying.

2. Buy the products from reputed websites only. Read the user reviews on Amazon, EBay, Epinions and Mouth shut.

3. Before using credit card on the website, see for" https://” in the website address which indicates security. Always pay by credit card.

4. Keep the print outs of product listing, online receipt and any email transactions.

5. Don’t shop while using wireless networks that aren’t encrypted or protected by passwords. Hackers may exploit the security lapses and steal your financial information.

6. Protect your computer with the latest anti virus and anti spyware updates.

7. Never respond to e-mails asking your financial information, passwords and pin numbers. Your banks never ask passwords and pins through e-mail.

8. Type the website address manually. Check your spelling once.

9. Before buying on EBay, see the reputation of the seller and history.

10. If cash on delivery facility is available, utilize it. Believe in your instincts in deciding purchases.

With proper care, we can escape from online scams and fraudulent purchases.

JAAYDAAD : Pan India Property Maal

A new website for Real esate developers and buyers. Jaaydaad.com is a new property website that deals with both Ownership and rental properties.

It have 600 franchisee outlets across India one in each district. Through JAAYDAAD, you can buy property anywhere In India.

You can contact them through the website or outlet. It partnered with Real estate developers to showcase their products on the website. All the details are given in the uncluttered website with easy navigation

You can request your needs through the website or subscribe to news letter. It will face severe competition from other real estate websites like Magic Bricks, India Properties and 99 acres etc.

Visit the website.

Advice to Mutual fund Investors from Government

Indian Government issued an advertisement regarding Mutual fund Investments.

1. First choose a scheme according to your risk profile - Equity/Balanced/Debt
2. Compare the schemes and their track record.
3. Study the track record of fund Manager.
4. Check the entry/ Exit load.
5. Don,t follow the advice of neighbour. Do some research on fund.
6. Do not get trapped into new schemes.
7. For more alerts on defaulters and companies, visit Website.
8. For assistance in investors grievances redressal, visit helpline.

Please comment on this article.