2 Simple tips to make money!

There are only 2 simple tips to make money. And these tips are given none other than the legendary investor Warren Buffet! Here are the 2 tips:

1. Don't lose money.

2. Never forget the first tip.

Britain: longest double-dip recession since World War II

Source: Equity Master

Britain is smack in the middle of the longest double-dip recession since World War II. Official records show that the country ran up its largest current account deficit on record in the second quarter of 2012. The deficit was a whopping GBP 20.8 bn. This includes UK's trade balance and a shortfall on overseas investments. The country's citizens are facing tough times. Household spending was down 0.2% over the quarter. The largest declines were in restaurants and hotels, tobacco, and food and drink, as families cut back. However, one positive was that business investment rose 0.9% over the quarter. Overall, the economy contracted by 0.4% during the quarter, slightly less than the previous 0.5% estimate. The economy is still stagnating, and generating employment is the only way to lift economic sentiment. But this is much easier said than done. 

Investment limit on infrastructure bonds may rise to Rs 50,000

The government is considering more than doubling the investment limit in infrastructure bonds eligible for tax rebates as part of a strategy to provide a funding boost to a vital sector while having a beneficial effect across the economy.

HOUSING AND URBAN DEVELOPMENT CORP. LTD (HUDCO) TAX FREE BONDS, TRANCHE 1 - Key Information

Issuer		Housing and Urban Development Corporation Limited
Issue Opening Date		January 27, 2012
Issue Closing Date		February 6, 2012

Indian Railways Finance Corporation Ltd (IRFC) Tax Free Bonds, Tranche 1 - Key Information :

Issuer		Indian Railway Finance Corporation Limited
Issue Opening Date		January 27, 2012
Issue Closing Date		February 10, 2012

L&T Long Term Infrastructure Bonds, Tranche 2 - Key Information

Issue Size - Not Exceeding Rs. 5,705.94 million for the financial year 2011 - 2012. Nature of Instrument - Secured, Redeemable, Non-Convertible Debentures having benifits under section 80CCF of the Income Tax Act, 1961. The Bonds will be issued in Demat mode only. The Bonds having Tax benefits up to Rs. 20,000 per annum under section 80CCF of the Income Tax Act, 1961 The issue has been rated CARE AA+' by CARE and '[ICRA] AA+' by ICRA. Opening date of the issue: January 10, 2012. Closing date of the Issue: February 11, 2012.

IDFC Long Term Infrastructure Bonds, Tranche 2 - Key Information

Issue Size - Not Exceeding Rs. 44,000 million. Nature of Instrument - Secured, Redeemable, Non-Convertible Debentures having benifits under section 80CCF of the Income Tax Act, 1961. The Bonds will be issued in Demat mode. The issue has been rated '(ICRA)AAA' from ICRA and 'Fitch AAA(ind)' from Fitch. Opening date of the issue: January  11, 2012. Closing  date of the Issue: February 25, 2012.