Well, like I said, we are writing to you today to bring something very important to your attention.
If you followed this year's financial budget, then you already know the government is planning to launch a new scheme titled, "The Rajiv Gandhi Equity Scheme", to get more people to invest their savings in the stock market.
The finer details of the scheme are still not known, but for now here's what the text read out by our Finance Minister said:
"To encourage flow of savings in financial instruments and improve the depth of domestic capital market, it is proposed to introduce a new scheme called Rajiv Gandhi Equity Savings Scheme. The scheme would allow for income tax deduction of 50 per cent to new retail investors, who invest up to Rs 50,000 directly in equities and whose annual income is below Rs 10 lakh. The scheme will have a lock-in period of 3 years." |
Simply stated, if your annual income is below 10 lakhs... and you invest Rs 50,000 directly in equities, you'll get a deduction of Rs 25,000 in your taxable income.
Agreed, this looks extremely attractive for first-time equity investors. And it could also give you better returns on your investment than normal fixed deposits.
Agreed, this looks extremely attractive for first-time equity investors. And it could also give you better returns on your investment than normal fixed deposits.
But then, there are also a couple of dangers associated with this...
- The danger of falling prey to greedy, selfish stock brokers who could make innocent investors invest in just about ANY stock so that they (the brokers) could earn more commissions
Yes! Imagine being made to invest in stocks which are in reality not so good, and losing a part or even full of your investment.
All just because your broker wanted his commissions figure at the end of the month to be higher! - The danger of sensing that something's wrong with the stock, and still not being able to withdraw your money!
One of the best things about equities is that you can get in when you want to... and get out when you want to.
But with the three-year lock-in period this scheme has, you're not allowed to take out your money up to 3 years no matter what happens!
of something like that?
Look... even if it may not be you or me directly, I'm sure we all know someone who is looking to get into stocks for the first time.
And the fact is, there's only a small group of investors who can decode all the financial jargon of companies and identify a good stock from a bad one.
For the majority out there, they just rely on someone -- a friend, relative or a broker -- to tell them which stock to invest in.
So what happens when a large number of regular, unsophisticated investors hit the stock market at one go attracted by a tax saving scheme like this?
That's right, it leaves them open to exploitation!
We expect a spurt in broking accounts as new investors are drawn to the capital markets. And there's a high chance that they could be misled into putting their money into wrong stocks.
And then, who knows what will happen to a stock in 3 years time?
While equities could rise fast and give you handsome returns, they could also drop a lot within a short timeframe and hand you huge losses.
Therefore if you want to get the most out of the equities, the trick is to track them continuously, and be in control of them at all times.
And that's what this new scheme DOES NOT allow you to do.
With the 3-year lock-in period, you'll have to stay invested in the stock even if it's crashing to the ground in front of your very eyes!
So if you invest in a wrong stock through this scheme, instead of a 50% tax concession, all you could end up getting is a 100% loss!
can be your Best Friend...
You see, like we've told you time and time again, we are NOT stock brokers. We DON'T gain anything even if you buy the stocks that we recommend.
But that said, our reputation and our income depend on the stocks we recommend making you money.
Because if they don't make you money, you'll simply not renew your subscription to our stock recommendation services. And, you'll also tell you friends not to sign up for our services.
We would never want something like that to happen, right?
That's why we research stocks thoroughly... and recommend only those stocks which we think have a high probability of growing and making you money.
So, do you see now why you should place your trust in
Lakshya Profit ( lakshyai@yahoo.com ) rather than in your friendly, neighborhood stock broker?
Well, if this new scheme does fall through in the months to come, you could suddenly notice your stock broker being more friendly with you.
Or if you don't have a broker already, you could have new brokers trying to make friends with you, and introducing you to this new scheme that could help you save tax and also make BIG returns at the same time.
But before you fall prey to one of these advances,
we have something even better for you...
Yes, we'd like you to know we have planned something even better for you to help you make BIG returns more SAFELY...
We would like to set you up with our large cap recommendation service, StockSelect, with an offer you simply cannot refuse.
Yes! First off, you'll feel good knowing that StockSelect has an accuracy of 81.3%. In other words, every 8 out of 10 stocks we recommended through it hit their target within the stipulated timeframe.
And then, we have also never made an offer like this on StockSelect before...
The reason we are doing this now is that we really want to help new investors make educated investing decisions and build their wealth safely, instead of going by gut feelings or a broker or friend's suggestions.
And we KNOW that StockSelect is the best service to help with that.
In addition, as we told you, this new scheme will require you to stay invested in a stock for 3 years.
Build your wealth, without risk!
If you're like most other investors out there, you too have been made to believe that there are basically only two kinds of stocks:
Or else, just settle for the dividends and small returns that the safe stocks gave you.
But what if I told you that you could make triple-digit returns from safe blue-chip stocks too?
That's right. Please take a look at this...
These are just some of the returns that our StockSelect members have made - and consistently make - from some of the market's safest stocks.
So what's StockSelect exactly?
StockSelect is a unique service designed by ;-
Well, if this new scheme does fall through in the months to come, you could suddenly notice your stock broker being more friendly with you.
Or if you don't have a broker already, you could have new brokers trying to make friends with you, and introducing you to this new scheme that could help you save tax and also make BIG returns at the same time.
we have something even better for you...
Yes, we'd like you to know we have planned something even better for you to help you make BIG returns more SAFELY...
We would like to set you up with our large cap recommendation service, StockSelect, with an offer you simply cannot refuse.
Yes! First off, you'll feel good knowing that StockSelect has an accuracy of 81.3%. In other words, every 8 out of 10 stocks we recommended through it hit their target within the stipulated timeframe.
And then, we have also never made an offer like this on StockSelect before...
The reason we are doing this now is that we really want to help new investors make educated investing decisions and build their wealth safely, instead of going by gut feelings or a broker or friend's suggestions.
And we KNOW that StockSelect is the best service to help with that.
In addition, as we told you, this new scheme will require you to stay invested in a stock for 3 years.
So with this offer, in the same duration i.e. 3 years, we want to help you maximize your profits and minimize your losses while benefiting from not just one, but MANY attractive, safe large cap opportunities.Now let me tell you why StockSelect can be a reliable investing guide for both new and experienced investors alike...
And the kicker, we will even track these stocks till the end of their tenure. So your money will be lot safer too.
If you're like most other investors out there, you too have been made to believe that there are basically only two kinds of stocks:
- Safe low-return stocks
- Risky high-return stocks
Or else, just settle for the dividends and small returns that the safe stocks gave you.
But what if I told you that you could make triple-digit returns from safe blue-chip stocks too?
That's right. Please take a look at this...
Company Name | Returns (%) |
Dr. Reddy's | 120% in 32 months |
Aventis Pharma | 84% in 13 months |
Corporation Bank | 135% in 38 months |
Maruti Suzuki | 86% in 5 months |
These are just some of the returns that our StockSelect members have made - and consistently make - from some of the market's safest stocks.
StockSelect is a unique service designed by ;-
Lakshya Profit (
lakshyai@yahoo.com ) for investors who'd like to build wealth from stocks... but don't want to spend all their time worrying about market movements or wondering whether they chose the right stocks or not.
Listen, I believe you'll agree that blue-chip stocks are some of the safest stocks available on the market. They are very stable and far less likely to vanish with your money overnight.
Now what StockSelect does is, it helps you get rich without taking much risk, by investing in safe blue-chip stocks... at the right moment.
Here's how...
See, we all know there are no better companies than the large caps when it comes to stability.
Listen, I believe you'll agree that blue-chip stocks are some of the safest stocks available on the market. They are very stable and far less likely to vanish with your money overnight.
Now what StockSelect does is, it helps you get rich without taking much risk, by investing in safe blue-chip stocks... at the right moment.
Here's how...
See, we all know there are no better companies than the large caps when it comes to stability.
- Large caps or blue-chips are all well-established companies with stable earnings and no extensive liabilities.
- They are well-managed and have consistently performed across business cycles
- They have the resources to not only weather the downturns and disturbances, but also emerge stronger from them
- Long-term prospects for large caps are outstanding
Thanks / Regard
Lakshya Profit
lakshyai@yahoo.com