Mayank Rocks

You all must have had noticed this but summer holidays are approaching. This is going to great for all the webmasters who own websites that target the teenagers/school students. Americans get almost 3-4 months vacations which is a long time. The internet activity increases during the holidays which helps our websites in return. Last summers proved absolutely great for my teen forums but then it was still half dead. But this time, I am hoping much more activity on my forums because my forum already is very active now. I expect majority of the new members to stay as an active member for a longer time. I am pretty sure that you all are going to see a boost in activity aswell.

The usual holidays there run between May and August.I can guarantee you that most of them will go on vacation for 15-30 days and spend the rest of the holiday near the computer browsing blogs and posting on forums. I am sure about that because we were like discussing in teen hut forums and majority of them said that. However I have heard that the adsense earnings goes down during the summers due to many advertisers going on vacation but cannot be sure because last summers, I faced no downtime of earnings however when everyone claimed their adsense to go up, mine went down. Lets hope that activity and earnings both go up. Keep your fingers crossed!

You all might have noticed that I haven’t been updating my blog since a long time. Well, I had been very busy with my personal life and decided to give it more importance. But now since everything is almost sorted, I am making a comeback. Hopefully I would not have to take such long gaps again in future but you never know. I will try my best to keep the blog updated as frequently as possible. Thank you.

I have changed the permalinks for my blog today. I got this idea from Chetan actually. But mine are slightly different than his. I added a PostID and the category name aswell. When the category name comes into the URL, it gives a good boost in ranking. The url contains another relevant content rich keyword that might help my posts rank you better in google. Static urls have a tendency to rank better in search engines. Well, let’s hope that it proves beneficial for my blog. However I should have had changed them before and not so late. Even though I’ve updated the sitemap with the new urls, it would still take some time for search engines to update my urls in their database. Hopefully it is done fast, so I don’t lose my precious visitors.

- Mayank

It happens with most of us, including me, we have no idea where we spend so much money every month. Usually at the end of the month, we realise that we have spent a lot of money or usually when we check the bank account statements. We are mostly not able to recall the expenses, specially the little daily expenses. Usually we over spend during shopping or by talking/messaging from your cell phones and ofcourse partying/eating outside.

Even if you realise one day that how much you have spent that very day, it won’t catch your attention much because one day expenses aren’t big enough. But it is actually when you do it daily. At the end of month the extra daily expenses are multiplied with 30. Suppose you spent around 50 bucks a day extra which isn’t really required, it accounts for 1500 bucks in a month which looks bigger owing to the fact that this is a surplus expense. Often when I tried to talk about this, my friends would say that I am very picky when it comes to spending money. But then atleast I don’t say things like “Oh damn, I don’t know how all my money vanished, My account balance is zero, now I will have to eat less or talk less in phone and cut my expenses till my dad sends the money”. Most of my friends do that. One of my good friends sometimes take some money from me which he returns later though because he spent all of his and cannot ask his dad for money until the end of month. He doesn’t know where he spent all his money and says “Life has become costly these days”. Majority of my friends’ bank balance goes empty in eating outside, partying and by paying cell phone bills. I am happy that money isn’t a big problem for me because my income is much much higher than my expenses. Even then I try and spend far less than I should actually. I will discuss the “Saving Money” part in my next article.

I am sure that this happens with you also. Didn’t realise that you actually spent so much this month? Well, the best option for you then is to keep track of your every expense, or daily expenses atleast if you cannot recall where you spent this much. I have started keeping record of my expenses since the first of this month. This is going to help me realise where exactly I am spending and how much. The key factor here is the comparison of expenses every week/month. By keeping track of my expenses, I will definitely be able to cut down my expenses. It is when you know where you waste cash, you will improve and waste less there next time. Eventually you will start spending less. Even if your expenses don’t go down much, you will be satisfied atleast. Many times we feel unhappy and stupid when we don’t know where we spent so much money. Atleast this factor will not disturb us anymore. So make a notebook/diary right now and start writing down your expenses. Let us make a revolution from today itself. Let us see if we can cut down our expenses and save more money.

A lot of investors have this doubt in mind - Whether to do a one time investment or go for SIP? Well, let me tell you that one time investment gives much and much better returns than a systematic investment plan(SIP). I am going to prove it to you with a very simple calculation.

Let us suppose that you are doing two similar investments in the same company/mutual funds for a five year term. It gave a consistent return of 20% annually. At one place, you invested 10 lakhs directly. After 5 years of 20% return, you are now rich by 10,73,600. Which is more than double of what you invested. So you now get back 20.736 lakhs. At the other place, you decided to invest 2 lakhs per year. After 5 years of 20% returns, you are now rich by 7,85,984 rupees. You get back 17,85,984 rupees. Calculations show that, the one time investment could earn you 2.88 lakhs more than systematic investment plan which is a big amount.

Let us take another example but this time the amount is less than before. Same as before, you invest in both, one time and SIP for 5 year term. The company again gave you a consistent return of 20% each year. Lets suppose that you invested 6 lakh rupees one time. By the end of 5 years, you will have almost 15 lakh rupees left which means a profit of almost 9 lakh rupees in 5 years. In other hand you invest 1.2 lakh yearly. By the end of 5 years, you will have just a little more than 10.5 lakh which means a profit of almost 4.5 lakh rupees. One time investment can get you double returns.

You must be wondering that how one gets more returns in one time investment than SIP?

Well it is pretty simple actually. In one time investment, you are investing a big amount initially. So at the end of first year, you get a return on that big sum of money. The return gets added to your sum and next year you get a return on the invested sum+return of first year. Like this it goes on adding up. Whereas in SIP, you invest a little sum every year. So the return you get here is on a lower sum of money each year. Like in case of second example stated above, your return of 20% is on 1.2 lakh (24k only) but in the 6 lakh the return was 1.2lakh. Now the second year return will be on 2.64 lakh here whereas there the return will be on 7.2 lakhs. So you see the difference? This is why one time investment is much preferable.

Paras Adenwala, chief investment officer, ING Vysya Mutual Fund, said, ‘‘The lumpsum option can give better return than SIP. But if one considers comparatively longer periods, which consists 2-3 cycles of ups and downs in the market, SIP gives more consistent returns.”

MayankRocks.com has successfully accumulated 40,000 backlinks in Yahoo Search Engine. I am extremely happy because I have just recently started this blog and already managed to get 40,000 backlinks in yahoo.

Check here - Yahoo Backlinks

However it is not a big thing yet. If I manage to get a few thousands in google, then it will be awesome. Yahoo has a habit of counting just any link from any website. It is google that only counts quality backlinks from quality websites. I am eagerly waiting for the next PR and backlink update.

I am very happy that my march earnings was increased by 35% of February’s earnings. I am not going to reveal my actual earnings, just for some personal reasons. A lot of people are curious to know my earnings, some among those who want to compare their earnings and some among those who just want to know out of curiousity that how much money I earn, no specific reason. The main reason I don’t want to reveal my earnings is because of those people who want to compare my earnings to theirs’. Majority of such people hate me and wants to tell the entire world that how much I earn less than them(may it be full of made up lies). Let such people be in the dark who have nothing better to do rather than trying to show how much they earn more than others. For example, one of my aunt has nothing better to do, than to degrade others by showing how much her daughter earn more than other people. If her daughter earns 30,000, she tells others that she earns 40,000. One thing I have noticed is that she is always very curious to know how much others earn. And once she gets to know, mostly if it is less than what her daughter earns, she has to make a remark there saying “Oh, only that much? My daughter makes 40k, so much more.” It is extremely stupid because the other person never actually asked you how much your daughter makes. I hate these kinds of people. I really wanted to go up and tell my aunt that even though your daughter is 10 years older than me, I make more money than her! Even after showing off an extra 10k she won’t beat me. But my parents didn’t let me tell her ever.

Earnings are not something that should be used to compare and show off. It is something that is only to benefit you in your life. If you have more money, only you are going to benefit and you are the only one who will be happy with it. Others don’t give a damn about your earnings. Telling others that you earn so much will get a few claps and smiles but then everybody else will forget it or won’t care for it any longer. And why should others care about your money? Everybody, including you only care much about something that is in your life. Do you care about how much everyone else earns? Remember that it will also create plenty of no life haters. I am still a college student and make a far amount of money, specially since I live in India. Dollars convert into good Indian money which is the main reason that I benefit far more than US earners. I will continue this story in my upcoming posts which will reveal why I didn’t go telling everybody that I actually earn online.

Yeah so? What is the big deal over here? Aren’t you aware of the “US Recession” fact? The stock market has long way down to go. Prepare yourselves for a Market whose sensex will fall as low as 11,000-13,000. Currently the sensex is at 15,644 which is still pretty good. What we had earlier, 22k sensex was actually a dream come true. India cannot sustain such a high growth and so it had to fall. A lot of market gurus were spreading false rumours that the market was going to touch 25,000 points. Oh please! Don’t listen to those so called gurus. They were even claiming that market will never fall below 16,000 mark but the truth is in front of you. The stock market has hit even below 14,000 recently. Look at the facts and decide yourself instead of listening to the gurus and blindly following them. To be honest, the market is in a big fluctuations which can rise any day and fall the very next day.

Just a few days ago, we had seen a 900+ point jump in the sensex and everybody started rejoicing but what happened today? The market fell 721 points below to close at 15.6k. Don’t give the market too much importance which it does not deserve right now. Keep away from stock market investments for a few months, specially short term investments. Long term investments will not be a problem but short terms will be. We are expecting the stock market to remain plunged till the third quarter of this year. USA is most likely to improve in 2009 and so will the US dependent India. Don’t listen to the gurus who keep on giving stupid suggestions unless you want to lose your money. The stock market is not a good risk investment option at this moment. Move to real estate market for time being which is much better investment option than the stock market. Good Luck!

Gold and Silver prices have dipped further down here on the market and for the second consecutive day. The reason for the decline in the prices is due to the sustained offerings from the stockists on the back of the weakness in the global markets.

Standard gold which is 99.5% pure has gone down by Rs.185 to Rs.12,040 and pure gold which is 99.9% pure has gone down by Rs.175 to Rs.12,105. Silver has noted a dip of Rs.405 per kg and is now worth Rs.23,415 only.

This might be a good news for the bullion market investors and buyers. According to me, you should wait a little bit more because the market is going to fall even more. Good luck!

Poverty can be defined as a situation when certain sections of people are unable to satisfy the basic needs of life. The poverty measurement differs from country to country. According to an expert group of Planning Commission, poverty line in rural areas are drawn with an intake of 2400 calories in rural areas and 2100 calories in urban areas. If the person is unable to get that minimum level of calories is considered as being below poverty line.

Even though the middle class has gained a lot from the recent positive economic development, India still suffers a lot from substantial poverty. According to the surveys, estimates show that 19.3 % of India’s population are still living under the poverty line. It was 51.3% in 1977-78 and 36% in 1993-94. The criteria used in the survey was monthly per capita consumption expenditure below Rs. 356.35 for rural areas and Rs. 538.60 for urban areas which is almost under Rs.12 a day for rural population and under Rs.20 a day for urban population. This 19.3% that we are talking about is under the poverty line but what about those who are just a little above the poverty line. That 19.3% accounts for 220 million people (2/3 population of United States).

If we look according to the world standards, atleast 70% of the Indians are living under the poverty line. Although Indian economy has grown steadily, its growth has been uneven when comparing different social groups, economic groups, geographic regions, and rural and urban areas. Wealth distribution in India is fairly uneven with the top 10% earning almost 33% of the total income. The income inequality in India is increasing. India has a higher rate of malnutrition among children under the age of three (46% in year 2007) than any other country in the world.

Causes Of Poverty

A significant fact which stands out is that those parts of India which have been longest under British rule are the poorest today. The Indian economy was purposely deindustrialised (especially in the areas of textiles and metal-working) through colonial privatizations, regulations, tariffs on manufactured or refined Indian goods, taxes and direct seizures. Not only was the Indian industry losing out but we had to rely on British goods that were purposely high priced. The agricultural raw materials exported by Indians were subject to massive price swings and declining terms of trade.

We rely too much on agriculture. There is a surplus of labour in the agriculture field. There is a lack of property rights in India also. An interesting fact is that about 60% of the population of India depends on agriculture but it’s contribution to the GDP is only about 28%. Another big factor that contributes to India’s poverty is the high population growth and lack of education. Despite this, India adds atleast 40 million people to the middle class every year which is quite an achievement. At this rate, majority of Indians will be middle class by 2025.

Outlook For Poverty Alleviation

Eradication of poverty in India can only be a long term goal. We expect to make good achievement in the next 50 years. The government needs to increase the stress on education. The education funding has to go up if we want a better India in future. Education has a major impact in eradicating poverty. We need to reserve seats in the government jobs, increase the empowerment of women and the other weaker sections of society. India needs more poverty reduction programs. The growth of the middle class shows that economic prosperity has improved but it cannot neglect the fact that the distribution of wealth is uneven.

According to me the over population growth and lack of education is the major cause of poverty. Lack of education has a direct link to population growth explosion. India today has only 61% literacy which is quite pathetic compared to 99% of United States. The most important thing that everybody should be taught is to have less children in your family. China improved it’s conditions drastically with the “one norm child planning”. India should also do something similar. If not one, then make it alteast two. The lesser the population, the better the financial conditions of each family will be, thus aiding to poverty reduction. Specially the poor people should realise this crisis. Many of those living under the poverty line marry and have 5-6 kids. Apparently they think that the more the children, the more they will earn and improve their financial conditions. Absolutely false concept. The more the kids, the more the financial stress, they need to realise that they are not improving their conditions but making it worse. They will increase the percentage of people living a life of poverty. This will further increase the government spending on poor, thus a drain on money and resources. If and only if they were educated and taught about economic problems and impact of higher population on our economy, they won’t do such a thing. That is why the education factor is most important.

India’s major goal should be improving education and reducing the population growth for our better future.