With any investment, first comes safety, then growth and then instant liquidity. Of which, the importance of safety and liquidity are paramount.  Look at the value of gold 20 yrs ago, and how far it has multiplied in its value.  With gold comes anytime liquidity which is why gold has been been often banked on during uncertain times.

Take for instance real estate, few years ago, when the economy was at its peak, oil prices surging,  there were gold rush on …

May indian paypal users have been complaining that paypal withdrawal initiated between Jan 27 to Feb 3, 2010 have been subjected to delay and funds not credited in their indian bank accounts.

Infact, there has been a huge discussion thread in Digitalpoint forums talked about the same issue.

Paypal did issue email notification saying that there has been a issue with indian bank withdrawals.

Dear xxxxxxxxx xxxxxxxxx,

We are currently experiencing an issue processing withdrawals to Indian bank
accounts. As a result, there may be …

If you have already added your credit card to paypal, then one day it is most likely to expire. All credit cards do have expiry date (once in every 3 yrs), which after that your credit card company will automatically renew and send you the new card (with  new secure code/CCV and expiry date). This may vary from country to country and the card issuer as well.

Just keep an eye on the expiry date, because if you dont update your …

Swiss Bank Accounts arent secret anymore. The legendary swiss known for their historic bank secrecy have now given up!

Many newspapers quoted on March 12, 2009 saying the swiss government announced that it would ease the bank secrecy bowing to pressure exerted by EU and the USA. The swiss would sign OECD (Organisation for Economic Cooperation and Development) and this would enable bank data sharing with authorities from foreign countries on tax evasion and tax fraud cases. Earlier the swiss only …

I have seen that many many webmasters have been complaining about their paypal withdrawal not reaching to most of their indian bank accounts.

It appears to be those withdrawals initiated between Feb 19 to Feb 24 are facing the delay.

The issue has been discussed in digitalpoint forums with many many indian webmasters complaining.

Paypal is said to be aware of the issue and have sought 2 weeks so that they can do a trace and locate the exact problem.

I …

Be careful! Money has pair of wings which will always try to jump from your hand to somebody else hands.

If you have some extra cash or surplus money you will be tempted in such a way that to spend your money in some way or other (like buying car, mobile phone, shopping) or be anything. The ultimate event would be money would change hands. It just wont let you to hold on your money!

if you can resist the money temptation …

Who is a true RICH person?

I have always kept on telling a true RICH person is the person who has ‘liquid’ wealth. That means having cash accessible to you anytime anywhere. This recent subprime credit crisis has demonstrated this and even the biggest banks in the world are in turmoil just because of liquidity.

If you have your wealth in stocks, bonds, shares, real estates … and you are claiming to be rich just be careful next time! These variables …

Worldwide financial crisis triggered by ‘credit crunch’ is taking its toll on many banks and insurance companies and its indirectly hits common man and businesses. Markets and stock exchanges worldwide plummeted to 3-5 yr lows and still despite intervention by US Fed Reserve and central banks still no signs of recovery.

Many businesses whose main area of activity in finance (like insurance, annuities) are taking a plunge and most fear that if this crisis deepens it would lead to unemployment and …

I have been noticing this since this september 2008 and the “view limits” option is missing most PP accounts. Earlier there used to be a cap of $2500 monthly withdrawal limit and this option is missing or entirely disappeard and nowhere to be found for most verified indian paypal accounts.

I wonder how many people have noticed this. I would appreciate if anybody give a feedback if you come across this.

I have been a long time confused between the two types of Electronic Funds Transfer system used in India between banks. When you send payments to other bank account in India through Internet banking you might stumble upon either payment through RTGS or NEFT.

Here is the main difference.

RTGS (Real Time Gross Settlement)

It means the funds will be credited immediately to the payee account in real time. No delays. The minimum amount to send is Rs 1 lac. Not …