Tuesday, July 31, 2007

How to Burn Copy Protected DVDs

How to Burn Copy Protected DVDs

Source: http://www.trafficmatt.com/articles/burn-copy-protected-dvds.htm

 

The last few years more and more movie developers are protecting their dvds with commercial DVD Protections. It's alleged purpose is to stop piracy, however it also enforces region coding, non-skippable FBI warnings or commercials and many other artificial restrictions.

In many countries is against the law to reproduce copy protected material for the purpose of selling it to third parties. Some countrys' laws only allows for you to make one backup copy of any software or media for personal and archival purposes. Therefore by obtaining this information you acknowledge that you are the sole "Owner" of all DVD copyrighted media that might be duplicated and in no way is this site responsible for any violations of copyright infringement.

So... How to burn copy protected DVDs.

Copy protected DVDs can be backed up using a variety of methods but the easiest and the most used method is to obtain a dvd copy software that will produce a perfect 1:1 backup everytime with only a single click of the mouse. What happens is that certain dvd copy software contains a dvd ripper or dvd decryption utility which descrambles the dvds copy protection or css encryption and allows the software to burn a perfect copy of any dvd... including copy protected dvds.

However, some of the newer and highly recommended dvd copy software have stopped providing their software with a DVD Decryption or dvd ripper because of legal issues that surround it. The reason is that some companies which have included a dvd ripper in their software have been pulled off of the market resulting in loss of updates and support.

But there is a very easy solution for this: You need to simply download and install a dvd ripper, which you can get for free, which once it's installed it will actually become part of the dvd copying program and enable it to burn copy protected dvds. There are two such dvd rippers that work in this way... DVD43 & AnyDVD. The difference? DVD43 is free while AnyDVD is not, but they are both very good.

The more harder method for burning copy protected dvds is to get a free decryption utility such as
dvd decrypter that allows you to decrypt and copy DVDs to your PC's hard disk. From there you can watch them with the likes of WinDVD and PowerDVD, or you can write them back to DVD or CD with another software like dvd shrink. This method of burning a dvd requires many steps and is not nearly as easy or nearly as fast as the first method of using a dvd copying software, but nevertheless, it is free and worthy of considering.

 

Friday, July 27, 2007

Exchange Traded Funds

ETFs are just what their name implies: baskets of securities that are traded, like individual stocks, on an exchange. Unlike regular open-end mutual funds, ETFs can be bought and sold throughout the trading day like any stock.Most ETFs charge lower annual expenses than index mutual funds. However, as with stocks, one must pay a brokerage to buy and sell ETF units, which can be a significant drawback for those who trade frequently or invest regular sums of money.They first came into existence in the USA in 1993. It took several years for them to attract public interest. But once they did, the volumes took off with a vengeance. Over the last few years more than $120 billion (as on June 2002) is invested in about 230 ETFs. About 60% of trading volumes on the American Stock Exchange are from ETFs. The most popular ETFs are QQQs (Cubes) based on the Nasdaq-100 Index, SPDRs (Spiders) based on the S&P 500 Index, iSHARES based on MSCI Indices and TRAHK (Tracks) based on the Hang Seng Index. The average daily trading volume in QQQ is around 89 million shares.Their passive nature is a necessity: the funds rely on an arbitrage mechanism to keep the prices at which they trade roughly in line with the net asset values of their underlying portfolios. For the mechanism to work, potential arbitragers need to have full, timely knowledge of a fund's holdings.

Exchange Traded FundsCreations & Redemptions:
====================================
ETFs are different from Mutual funds in the sense that ETF units are not sold to the public for cash. Instead, the Asset Management Company that sponsors the ETF (Fund) takes the shares of companies comprising the index from various categories of investors like authorized participants, large investors and institutions. In turn, it issues them a large block of ETF units. Since dividend may have accumulated for the stocks at any point in time, a cash component to that extent is also taken from such investors. In other words, a large block of ETF units called a "Creation Unit" is exchanged for a "Portfolio Deposit" of stocks and "Cash Component".The number of outstanding ETF units is not limited, as with traditional mutual funds. It may increase if investors deposit shares to create ETF units; or it may reduce on a day if some ETF holders redeem their ETF units for the underlying shares. These transactions are conducted by sending creation / redemption instructions to the Fund. The Portfolio Deposit closely approximates the proportion of the stocks in the index together with a specified amount of Cash Component. This “in-kind” creation / redemption facility ensures that ETFs trade close to their fair value at any given time.Some investors may prefer to hold the creation units in their portfolios. While others may break-up the creation units and sell on the exchanges, where individual investors may purchase them just like any other shares.ETF units are continuously created and redeemed based on investor demand. Investors may use ETFs for investment, trading or arbitrage. The price of the ETF tracks the value of the underlying index. This provides an opportunity to investors to compare the value of underlying index against the price of the ETF units prevailing on the Exchange. If the value of the underlying index is higher than the price of the ETF, the investors may redeem the units to the Sponsor in exchange for the higher priced securities. Conversely, if the price of the underlying securities is lower than the ETF, the investors may create ETF units by depositing the lower-priced securities. This arbitrage mechanism eliminates the problem associated with closed-end mutual funds viz. the premium or discount to the NAV.

Exchange Traded FundsAdvantages of ETFs :
=================================
While many investors have similar outlooks, no two are exactly alike. Due to the unique structure of ETFs, all types of investors, whether retail or institutional, long-term or short-term, can use it to their advantage without being at a disadvantage to others. They allow long-term investors to diversify their portfolio at one shot at low cost and insulate them from short-term trading activity due to the unique “in-kind” creation / redemption process. They provide liquidity for investors with a shorter-term horizon as they can trade intra-day and can have quotes near NAV during the course of trading day. As initial investment is low, retail investors find it simple and convenient to buy / sell. They facilitate FIIs, Institutions and Mutual Funds to have easy asset allocation, hedging, equitising cash at a low cost. They enable arbitrageurs to carry out arbitrage between the Cash and the Futures markets at low impact cost.ETFs provide exposure to an index or a basket of securities that trade on the exchange like a single stock. They offer a number of advantages over traditional open-ended index funds as follows :
While redemptions of Index fund units takes place at a fixed NAV price (usually end of day), ETFs offer the convenience of intra-day purchase and sale on the Exchange, to take advantage of the prevailing price, which is close to the actual NAV of the scheme at any point in time.
They provide investors a fund that closely tracks the performance of an index throughout the day with the ability to buy/sell at any time, whereby trading opportunities that arise during a day may be better utilized.
They are low cost.
Unlike listed closed-ended funds, which trade at substantial premia or more frequently at discounts to NAV, ETFs are structured in a manner which allows Authorized Participants and Large Institutions to create new units and redeem outstanding units directly with the fund, thereby ensuring that ETFs trade close to their actual NAVs.
ETFs are like any other index fund, wherein, subscription / redemption of units work on the concept of exchange with underlying securities instead of cash (for large deals).
Since an ETF is listed on an Exchange, costs of distribution are much lower and the reach is wider. These savings in cost are passed on to the investors in the form of lower costs. Further, the structure helps reduce collection, disbursement and other processing charges.
ETFs protect long-term investors from inflows and outflows of short-term investors. This is because the fund does not incur extra transaction cost for buying/selling the index shares due to frequent subscriptions and redemptions.
Tracking error, which is divergence between the NAV of the ETF and the underlying Index, is generally observed to be low as compared to a normal index fund due to lower expenses and the unique in-kind creation / redemption process.
ETFs are highly flexible and can be used as a tool for gaining instant exposure to the equity markets, equitising cash or for arbitraging between the cash and futures market.
The first ETF in India, “Nifty BeEs (Nifty Benchmark Exchange Traded Scheme) based on S&P CNX Nifty, was launched in January 2002 by Benchmark Mutual Fund. It may be bought and sold like any other stock on NSE. Its symbol on NSE is “NIFTYBEES”.

Exchange Traded FundsETFs Launched on NSE:
======================================
S&P CNX Nifty UTI Notional Depository Reciepts Scheme (SUNDER)
Liquid Benchmark Exchange Traded Scheme (Liquid BeES)
Junior Nifty BeES
Nifty BeES
Bank BeES

Applications of ETFs
=================
Efficient Trading : ETFs provide investors a convenient way to gain market exposure viz. an index that trades like a stock. In comparison to a stock, an investment in an ETF index product provides a diversified exposure to the market. Depending on the index, investors may obtain exposure to countries/ markets or sectors.
Equitising Cash : Investors with idle cash in their portfolios may want to invest in a product tied to a market benchmark like an index as a temporary investment before deciding which stocks to buy or waiting for the right price.
Managing Cash Flows : Investment managers who see regular inflows and outflows may use ETFs because of their liquidity and their ability to represent the market.
Diversifying Exposure : If an investor is not sure about which particular stock to buy but likes the overall sector, investing in shares tied to an index or basket of stocks provides diversified exposure and reduces stock specific risk.
Filling Gaps : ETFs tied to a sector or industry may be used to gain exposure to new and important sectors. Such strategies may also be used to reduce an overweight or increase an underweight sector.
Shorting or Hedging : Investors who have a negative view on a market segment or specific sector may want to establish a short position to capitalize on that view. ETFs may be sold short against long stock holdings as a hedge against a decline in the market or specific sector.

Comparison of ETFs with other mutual funds
In essence, ETFs trade like stocks and therefore offer a degree of flexibility unavailable with traditional mutual funds. Specifically, investors can trade ETFs throughout the trading day as in stocks. In comparison, in a traditional mutual fund, investors can purchase units only at the fund’s NAV, which is published at the end of each trading day. In fact, investors cannot purchase ETFs at the closing NAV. This difference gives rise to an important advantage of ETFs over traditional funds: ETFs are immediately tradable and consequently, the risk of price differential between the time of investment and time of trade is substantially less in the case of ETFs.ETFs are cheaper than traditional mutual funds and index funds in terms of fees. However, while investing in an ETF, an investor pays a commission to the broker. The tracking error of ETFs is generally lower than traditional index funds due to the “in-kind” creation / redemption facility and the low expense ratio. This “in-kind” creation / redemption facility ensures that long-term investors do not suffer at the cost of short-term investor activity.ETFs can be bought / sold through trading terminals anywhere across the country.

Source: http://www.nseindia.com

IMPROVE YOUR LOOKS!!

Think it might be a good idea to look a little different? Well, the solutions are out there alright—nose jobs, boob jobs, tummy tucks, liposuction, hair grafting, Botox… But have you balked at the thought of the unknown? Of not really knowing what you would look like after surgery? You want your lips to be fuller but how would they look on your face? Well, here’s an answer. Check out mybodypart.com, a large collection of plastic surgeons. But that’s not the USP of this group. They have developed a free software download, which lets you experiment with virtual surgery. Basically, you can download the program to your computer and check out how that nose job you so want will look on you. Can you really be the eye-catcher after surgery or will it be a horrible permanent mistake? The program actually gives you a great idea of what you would look like after the knife travels over you. It’s quick, and it’s great fun. You can get others’ opinions too. Just post your madeover image on the ratings directory, so others can write in to tell you what they think of your new look. And you can return the compliment and tell others what you think of them! Straighten out your nose, firm up that chin, pin back those ‘Mr Spock’ ears’ in a painless, virtual, safe, cool experiment. Then dial doc…

Thursday, July 26, 2007

Play MPEG4 video on your TV

Play MPEG4 video on your TV

Inexpensive DVD players that play everything—even your backed up, compressed DVDs

Nikhil Hemrajani TNN
(Times of India,Mumbai. Page 23, Date 26 July 2007)

While Blu-ray and HD-DVD players are already making the rounds, these are still too expensive for the average buyer to pick up. If you’ve paid a visit to your neighbourhood consumer electronics store recently, you would have no doubt confirmed the prices for yourself. So, there’s still a large market for users who want to upgrade to a home theatre setup and who don’t want to spend Rs 50,000 and upwards on a high definition player. Here’s where DivX/Xvid players step in. In a nutshell, DivX and Xvid are video codecs that conform to the MPEG4 standard. What these codecs boast of is a large reduction in file size with a minimal loss in quality. For example, try backing up a DVD movie on your computer. Depending on whether the DVD is single-layer or dual-layer, the amount of space you require will range from 4 GB to 8 GB! And if you don’t have a mammoth hard drive, then ten such back-ups would mean that all the space on your hard drive is used up. Here’s where the MPEG4 standard shines. With programs such as Gordian Knot and Nero Vision, you can save those DVD videos on your computer while using one-fifth of the space required, with a virtually unnoticeable loss in quality (depending on how large a screen you’ll watch the video on). But in order to watch those videos on your television, you’ll need a DVD player that’s also capable of playing those MPEG4 videos.

How to undo stupid mistakes in Word

How to undo stupid mistakes in Word

(Times of India, Mumbai. July 26, Page 23)

Ever deleted say, the entire File menu? Help is at hand to fix such disasters

Microsoft Word stores macros, style formats, and menu, keyboard, and toolbar customisations in a file called ‘normal.dot’. This file normally resides in ‘C:\Documents and Settings\yourcurrent-login\Application Data\Microsoft\ Templates’ if you are using wWndows XP . To revert to Word’s pre-mistake condition, simply close Word, and restore ‘normal.dot’ from a preerror backup, and reopen Word. And if you don’t have a backup, then close Word, delete normal.dot, and re-enter Word. The program will create a new normal.dot file using Microsoft’s defaults.

Get connected: turn your laptop into a Wi-Fi hotspot

Get connected: turn your laptop into a Wi-Fi hotspot

 

Kavita Kukday | TNN

(Times of India Mumbai, July 26, Page 23)


   With a lot of households graduating to two or more laptops today, that snaking white wire has become a bone of contention. The wire in question is that of the broadband internet connection. Well, fortunately there is a more peaceful alternative where you could share your internet connection, either at home or at work, simply by turning your laptop into a wi-fi hotspot, without investing in any extra hardware. Wi-Fi by the way, is Wireless Fidelity, a technology that lets you stream your internet connection wirelessly. All you’ll need to start sharing the internet is a Wi-Fi enabled laptop, and a good internet connection (anything above 128 kbps should work)
   The whole jargon of Wi-Fi and hotspots might read a little geeky, but it’s really quite simple. If you are with us stepby-step, you should sail through. However, before we begin, there’s a small caveat: people connecting to the internet on your laptop might be able to see the files on your hard drive, so make sure you trust them. Else, encrypt everything of importance.

Working with a Vista notebook

On a Vista notebook you’d have to simply select the ‘network and sharing center’ option under the control panel menu of your notebook. Click on ‘tasks’, choose ‘set up a new connection’ and then ‘set up a wireless ad-hoc connection’ option. This is where you’d have to pick a name for your hotspot—something like ‘your-namehotspot’ is a good idea. Don’t forget to set a web password here, because this is the only way to secure your connection and ensure that only your friends log on to your internet and not the entire world. This
is the password that your friends/family can use while logging on to your hotspot.
   Finally, click the bar to turn on internet connection sharing. Now other laptops will find your hotspot on the list of wireless connections available, just click on the connection and you are good to go.

On Windows XP notebooks

The process is slightly more complex with Windows XP notebooks. Select ‘network connections’ from the control panel menu. You will find a tab called ‘wireless connections’— right-click your wireless connections and choose ‘properties’ option. To ensure other programs don’t interfere with your hotspot connections, check the ‘use Windows to configure my wireless networks settings’ on your ‘Wireless network settings dialog box’.
   Now comes the part where you actually start with creating your hotspot. Go on to the ‘Preferred networks’ section and click on the ‘add’ option. Give your hotspot a name and then under the ‘wireless network key’ box change the network authentication option to ‘shared’. Choose WEP for ‘Data encryption choose’ and punch in your password here.
   Now you’d have to tell your computer to only connect to this hotspot and not other hotspots that are available in the vicinity. Go to the ‘Advanced’ tab and under ‘networks to access section’ choose ‘computer-to-computer (adhoc) networks only’ and click on ‘Ok’ to finish the process.
   Now you’d need to instruct the notebook to share this connection. Go to your ‘Local area connections’ under the networks connections section. Right-click on this option and select ‘properties’. Go over to ‘Advanced’ settings and under the ‘internet connections sharing’ section, check the ‘Allow other network users to connect through this computers internet connection’ option. That’s it. Now you can connect to your hotspot from any notebook in the vicinity.

 

Sunday, July 22, 2007

Internet Download Accelerator 5.2.1 With Keygen

 

 

 Internet Download Accelerator 5.2.1 With Keygen
hxxp://rapidshare.com/files/44243155/IDA.rar.html

How To Crack

After Extracting The Files

1- Run and Install IDA,after installation close and exit the program.

2- Clik the 'reg' file and Click "YES" then "OK"

3- Now run the keygen,in the email area type bemcrackbenk@yahoo.com ,
for the name type bemcrackbenk (pasting won't do) and then click generate.Copy the key and then clik wipe registry.

Now run IDA and activate with the above given Email,Name and key(generated by the keygen)

Also go to Downloads>Options>Auto> and uncheck Update

 

 

Tuesday, July 17, 2007

REVERSE MORTGAGE

CAN YOUR house pay for your retirement? The concept of an individual paying the bank for financing the ownership of his house is well known and understood. How would it work if the bank paid you for owning a house? Pravat Jena and Vishal Gupta from Ernst & Young explain how reverse mortgage works and the tax implications.

What is Reverse Mortgage?    

The concept of reverse mortgage, while new to India, is well known in other countries. The transaction works on guidelines released by government-funded agencies to ensure fairness. It essentially offers people who are asset-rich, but low on cash to convert their home ownership into an annuity.
   Before we deal with the tax implications, let us explain the background. Generally, this mechanism is popular among senior citizens who own their own homes. It enables them to receive money in the form of regular periodical payments by pledging their homes or a lump sum one-time payment. On their death, the bank recovers the loan amount from the sale proceeds of this house.
   When such individuals approach a bank for a reverse mortgage, the bank carries out an assessment of the market value of the house to determine the ceiling on the mortgage. The loan amount depends on various factors, including the age of the owner (the older the owner, the higher the regular payout). The loan is usually restricted to about 40-50% of the assessed value of the house.
   There are two important principles that govern this transaction. First, the bank’s recovery on the loaned amount is limited (the nonrecourse limit) to the value that it may get on selling the house once the loan has lapsed. Second, after the dues of the bank are settled (after the sale of the house), if any sum remains, it passes on to the deceased borrower’s estate. In most cases, after the lapse of the loan, the bank gives the borrower’s estate some time to find a buyer for the house or to clear the loan.

Tax Implications    

The scheme appears attractive, unless the tax department plays spoilsport. At present, in the absence of clear guidelines, the likely tax implications are explained below.
   Consider this situation. Rama Rao, a retired government employee, believes that his pension does not meet his monthly needs and so, decides to opt for a reverse mortgage. He enters into an agreement with an authorised bank, and they agree to pay him Rs 20,000 per month for as long as he lives. Would the payment be considered a part of his income or perhaps be regarded as capital gains? Would the payment be taxed if he chose to take a one-time lump sum payment instead of a periodic regular payment (i.e.: annuity)?
   The treatment of the payout would be critical from the taxation point of view because if the payout is considered as ‘income’ then Rama Rao could end up losing as much as a third of it to taxes. The payout from reverse mortgages should ideally not be categorised as income at the hands of Rama Rao, the argument being that essentially the payout is a loan.
   The primary loan payout would not attract any capital gains tax at Rama Rao’s hands as there is no ‘sale’ or transfer of the house property. The transfer of the house on account of the loan cannot occur as long as he lives. Even if he opts for a one-time lump sum payment, the character of the payment would not change.
   However, in the event of the sale of the house after his death, there could be capital gain implications which would be chargeable to tax. If his estate/heirs choose to repay the loan and sell the house subsequently, the tax at the hands of the estate would be calculated after a deduction for repayment of loan.
   In countries like the United States, valuation of the property is carried out by the government housing board in a clear and transparent manner, and the payout is generally not taxable at the hands of the borrower.
   There is currently a lack of guidance in India on the tax treatment of the payout. The intention of the scheme as announced in the Union Budget was to provide a means of living for the elderly. Given the intention, it would be reasonable to expect the ministry of finance to issue guidelines favourable to the borrower.

Conclusion    

The availability of the reverse mortgage option adds another reason to the long list of reasons to own a house. Buying a house now, even through a home loan, would provide a security, postretirement. Culturally, there might be some resistance to the idea, perhaps because homes in India are bequeathed to family members. However, an option that would offer liquidity to senior citizens would be welcomed by the market because although India’s demographic profile based on percentages would suggest otherwise, the absolute number of senior citizens in our country would warrant the introduction of this scheme

What are RSS Feeds?

RSS (which, in its latest format, stands for "Really Simple Syndication") is a family of web feed formats used to publish frequently updated content such as blog entries, news headlines or podcasts. An RSS document, which is called a "feed," "web feed," or "channel," contains either a summary of content from an associated web site or the full text. RSS makes it possible for people to keep up with their favorite web sites in an automated manner that's easier than checking them manually.

RSS content can be read using software called a "feed reader" or an "aggregator." The user subscribes to a feed by entering the feed's link into the reader or by clicking an RSS icon in a browser that initiates the subscription process. The reader checks the user's subscribed feeds regularly for new content, downloading any updates that it finds.

The initials "RSS" are used to refer to the following formats:

  • Really Simple Syndication (RSS 2.0)
  • RDF Site Summary (RSS 1.0 and RSS 0.90)
  • Rich Site Summary (RSS 0.91)

RSS formats are specified using XML, a generic specification for the creation of data formats.

 

Monday, July 16, 2007

So what else can Google do?

So what else can Google do?


   Google knows everything. Anything that Google doesn't know, it isn't worth knowing. If you think what I just said is over-thetop-effusiveness, try this. Type “What is the answer to life, the universe and everything?” (without the quotes) into Google's search box. In under a second, the search engine will tell you that the answer is 42. If you need corroboration, put the question to an astronomer. Without blinking an eyelid, he'll tell you, it is 42. Why? Because they computed the weight of the milky way-the galaxy we live in-as three times 10 to the power of 42 kilograms; a number written as 3 followed by 42 zeroes.
   If further corroboration is needed, flip through Douglas Adam's Hitchhiker's Guide to the Galaxy. In the book, a hyper-intelligent race creates a fabulous computer, Deep Thought, to calculate the ultimate answer to the ultimate question. After seven and a half million years of pondering the question, Deep Thought provides the answer: 42. “I checked it very thoroughly,” says the computer, “and that quite definitely is the answer. I think the problem, to be quite honest with you, is that you've never actually known what the question is.” Deep, indeed! But it also
throws up a very prosaic question. What else can Google do? A lot!!

Play voyeur

To start playing voyeur, type inurl:/view/ index.shtml into the search bar. The outcome is a listing of every webcam, across the world, that is connected the internet right now. These cams belong to everybody-from police departments monitoring road traffic to the scenes inside a Japanese beauty salon and exhibitionists simply reading a in their bedroom clad in pyjamas. If you have broadband and are a sucker for reality TV, try this. It doesn't get more real than this.
   There are many variations to this command that allow you to progress up the ladder of “wickedness”. For instance, punch inurl:hp/device/this. LCDispatcher and what do you see? A list of printers built by Hewlett Packard, working innocuously someplace in the world. Any idiot, anywhere in the world, can now take control of the device and do anything with it-including cancel a print job that is currently being executed. Printers though are only the tip of the iceberg. An intrepid googler can get usernames, passwords, access to confidential documents, virtually anything.

Calculate, define, travel

Time to get away from wicked stuff to practical stuff. For instance, not sure how many kilos does 180 pounds translate into? Just type 180 pounds to kilos in the search box and Google will tell you it is 81.65 kilos. For that matter, punch Sin 32 and you’ll know in a fraction the answer is 0.55. Not just math, it can convert currencies too. So, keying in 180 USD to INR will tell you that it $180 is Rs 7,275. And if you don’t know what the currency in a country is, Google gets around that problem too by allowing you to get away with simple commands. Like 100 INR in Malaysian money. The answer is 8.54 Malaysian ringgitts.
   Done with numbers? How about words? Stumped with what fecund means? Simple. Type define: fecund. You’re told the word means fertile. You’re also told in what context can the word be used-a fecund imagination-for instance. Nice!
   And if it is prices of air tickets you are looking for, you really don’t have to go to multiple websites to search. Typing the names of two cities next to each other will throw up more than a few options. So, Mumbai Delhi for instance, will give you a range of options to pick and choose your flight tickets that originate in Mumbai and terminate in Delhi. While you’re buying those tickets and intend to check the weather in Delhi, a simple command like weather: delhi will give answers.

Have Fun

Perhaps, you’re a Star Trek fan and like the Klingon language. Remember what is? The language used by alien creatures in the series, it was created
   by Marc Okrand. The basic
   sounds of the language was
   first devised by “Scotty” for
   Star Trek: The Motion Picture. Klingon was subsequently developed by Okrand into a full fledged language. Now, if you’re the kind of bloke who likes the sound of it, you can get Google in Klingon. Simply type XX-Klingon and hit the I’m feeling Lucky button. Everything from Google’s interface to the search results now appear in the language.
   If you don’t dig Klingon and would prefer Piglatin instead (a language usually used by kids who don’t want their parents to know what they’re talking about) enter XX-Piglatin into Google and the engine transforms itself into something that recognises this hopelessly cute dialect.
   And finally, let me sign out with an utterly delightful and wicked tool. Head to http://www.softpedia.com/prog-Download/Google-Hacks-Download-77580.html and download a free tool. It incorporates complex queries into a simple interface. When installed on your machine, it uses a lot of Google’s capabilities to help you locate some otherwise very elusive material. TNN

 

Contra funds don’t suit India

Contra funds don’t suit India

 

It pays to think differently—especially if you are an investor in the stock market. No wonder mutual fund houses are warming up to the contrarian approach to investment. This means they invest in stocks and sectors that market players ignore because of short-term negative factors. Then they wait for the market to realise the full potential of these stocks. Fund houses like DBS Chola, Kotak, SBI, Tata and UTI already have contra funds in their stable. JM mutual fund is the latest to join the fray. Should you invest in a contra fund?
   “The contra fund is a fairly sound concept," says Sameer Kamdar, country head, mutual funds, Mata Securities. “However, existing funds have belied expectations.” Still, he is quick to point out that their lukewarm performance has more to do with the Indian stock market than with the fund houses themselves. “The Indian market has been a secular bull run in the last five years. Take any sector, be it banking, infrastructure, or the financial sector—every sector is up. Probably, the market is going to see a bull run for next five years or so. How do you adopt a contrarian approach in such a situation?”
   Kamdar adds that the performance of contra funds doesn't inspire enough confidence in him to recommend these schemes to anybody. “The average returns for contra funds for the past year is around 35%, whereas diversified funds returned around 48% in the same period,” he points out. “I would not advise it (investing in contra fund) as a mainstream strategy. In a market like the US, it would be a great idea to invest in a contra scheme, where you would find many sectors to invest,” he says.
   “As a concept, the contra schemes are a sound idea. When the market is in the grip of bears for a long time, they can actually deliver better returns,” says an investment advisor. “For me, it is part of my defence strategy against a fall in the market. Having a small percentage of your total equity portfolio in contra schemes would serve you well,” he adds.
   So if you think troubled times are just around the corner, contra funds are a great strategy. If you think the market is likely to boom in the coming years, you can give them a miss.

 

Source: Times of India, 16th July 2007, Page 24

Remain healthy or cough up big bucks for cover

 

Remain healthy or cough up big bucks for cover

 

Buying health cover just got costlier. New India Assurance has joined the three general insurers—Oriental, National and United India—with its new version of the ubiquitous Mediclaim policy (TOI broke the story on July 10). And the new Mediclaim makes it very clear that you will have to shell out more for your cover. In addition, be prepared to pay even more if you live in Mumbai: the new scheme divides the country into three zones to determine the premium, and Mumbai is the most expensive. The only saving grace is that the policy has become a bit more transparent. New India is expected to roll out its new policy soon. Here is a preview of the new Mediclaim.

Differential costs

New India has revised premium rates based on its “geographical area-wise claim experience.” So there are three zones: Zone I (Mumbai), Zone II (Delhi and Bangalore) and Zone III (rest of India). For example, a 35-year-old person would pay a premium of Rs 5,410 for a Rs 5 lakh cover in Mumbai, compared with Rs 5,151 for the old Medicliam policy. The same cover would cost Rs 5,280 in Delhi and Bangalore and Rs 5,150 in rest of India. Additionally, you can claim 100% reimbursement only in your own zone or a cheaper one. If you are in Mumbai (Zone I), you can be treated anywhere in the country and claim 100% reimbursement. However, if you paid a Zone II premium, you can claim 100% reimbursement for treatment only in zones IIand III. If you took treatment in Zone I, you would have to bear 10% of the claim. Likewise, a person in Zone III would have to bear 10% of the claim for treatment in Zone II, and 20% of the claim in Zone I.

Pay more for your child

If you are planning to buy a Mediclaim cover for your child (between three months and five years) be prepared shell out even more. Based on its higher claim experience, New India has carved out a separate category for children. For example, a Rs 1 lakh cover for your child would cost Rs 1,385, compared to Rs 1,300 for a 35-yearold in Mumbai.

Pay more if you claim more

Firstly, here is some bad news for senior citizens. Once you cross the age of 70, be ready to pay
a 2.5% “load” on the premium when you renew each year. The new Mediclaim has some bad news for others, too: customers who make too many claims may find their premium loaded up to 200%. Additionally, they may be expected to bear 15-25% of the claim amount. The loading kicks in the moment you make a claim of 10-20% of the assured sum. That means, if you have a cover of Rs 1 lakh and you make claim of Rs 20,000, your premium will go up by 25%. If your claim is between 50 and 75% of the total cover, you will have to shell out 15% of the claim amount. The loading and bearing a part of the claim amount (co-payment/excess, in insurance parlance) will be applicable only after the completion of two “policy periods.”

Curbed benefits

The new policy has reduced the maximum cumulative bonus you can earn for every claim-free year. It allows a maximum cumulative bonus of only 30%, compared with 50% in the old version. If you have earned cumulative bonus of 30 to 50%, a one-time increase of 5% will be allowed, but you will not earn any more bonus in renewals. If you make a claim of any amount, the cumulative bonus will be withdrawn at the time of renewal. Also, the policy doesn’t allow the domiciliary hospitalisation benefit.

More clarity

The new Mediclaim introduces sublimits to bring more clarity on what you can claim. For example, it sets a maximum of 1% of the assured sum for expenses related to hospital room, boarding and nursing. It also spells out sub-limits for intensive care etc. The new plan covers pre-existing diabetes and hypertension for an extra 20% on the basic premium, but you would not be able to make any claims in the first two years. Partial claims are allowed in the third and fourth years, and full claims from the fifth year. It lists 20 diseases which will not be covered in the first two years, and two others not covered in the first four years. There is a list of diseases that don’t require 24-hour hospitalisation (a must to make a claim).
Lastly, joing a gym may be a good idea. You will qualify for a 2.5% “good health discount” in premium on new cover and renewal of the policy.

 

Source: Times Of India, Mumbai dated 16/07/2007, Page 24.

 

Sunday, July 15, 2007

Exchange Traded Fund (ETF)

Source: Benchmark Mutual Fund website

ETFs are innovative products that provide exposure to an index or a basket of securities that trade on the exchange like a single stock। ETFs have a number of advantages over traditional openended index funds as they can be bought and sold on the exchange at prices that are usually close to the actual intra-day NAV of the Scheme। ETFs are an innovation to traditional mutual funds as ETFs provide investors a fund that closely tracks the performance of an index with the ability to buy / sell on an intra-day basis। Unlike listed close ended funds, which trade at substantial premiums or more frequently at discounts to NAV, ETFs are structured in a manner which allows to create new units and redeem outstanding units directly with the fund, thereby ensuring that ETFs trade close to their actual NAVs।

ETFs came into existence in the USA in 1993. The first ETFs were based on the S&P 500 and are popularly known as SPDRs (Spiders). ETFs have gained prominence over the last few years.
ETFs are usually passively managed funds wherein subscription / redemption of units work on
the concept of exchange with underlying securities. In other words, large investors / institutions
can purchase units by depositing the underlying securities with the fund / AMC and can redeem
by receiving the underlying shares in exchange of units. Units can also be bought and sold
directly on the exchange.
ETFs have all the benefits of indexing such as diversification, low cost and transparency. As
ETFs are listed on the exchange, costs of distribution are much lower and the reach is wider.
These savings in cost are passed on to the investors in the form of lower costs. Further more,
exchange traded mechanism helps reduce minimal collection, disbursement and other processing charges.
The structure of ETFs is such that it protects long-term investors from inflows and outflows of
short-term investor. This is because the fund does not bear extra transaction cost when buying / selling due to frequent subscriptions and redemptions.

Tracking Error of ETFs is likely to be low as compared to a normal index fund. Due to the
Creation / Redemption of units through the in-kind mechanism the fund can keep lesser funds in cash. Also, time lag between buying / selling units and the underlying shares is much lower.
ETFs are highly flexible and can be used as a tool for gaining instant exposure to the equity
markets, equitising cash or for arbitraging between the cash and futures market.
Benefits of ETFs
1. Can be easily bought / sold like any other stock on the exchange through terminals spread
across the country.
2. Can be bought / sold anytime during market hours at prices that are expected to be close
to actual NAV of the Scheme. Thus, investor invests at real-time prices as opposed to end
of day prices.
3. No separate form filling for buying / selling units. It is just a phone call to your broker or
a click on the net.
4. Ability to put limit orders.
5. Minimum investment for an ETF is one unit.
6. Protects long-term investors from the inflows and outflows of short-term investors.
7. Flexible as it can be used as a tool for gaining instant exposure to the equity markets,
equitising cash, hedging or for arbitraging between the cash and futures market.
8. Helps in increasing liquidity of underlying cash market.
9. Aids low cost arbitrage between Futures and Cash market.
10. An investor can get a consolidated view of his investments without adding too many
different account statements, as Nifty BeES will be in demat form.
Uses of ETFs
1. Investors with a long-term horizon
Allows diversification of portfolio at one shot thereby reducing scrip specific risk at a
low cost.
2. FIIs, Institutions and Mutual Funds
Allows easy asset allocation, hedging, equitising cash at a low cost.
3. Arbitrageurs
Low impact cost to carry out arbitrage between the Cash and the Futures market.
4. Investors with a shorter term horizon
Allows liquidity due to ability to trade during the day and expected to have quotes near
NAV during the course of trading day.
Risks of ETFs
1. Absence of Prior Active Market: Although the units of ETFs are listed on the Stock
Exchange for trading, there can be no assurance that an active secondary market will
develop or be maintained.
2. Lack of Market Liquidity: Trading in units of ETFs on the Stock Exchange on which it
is listed may be halted because of market conditions or for reasons that, in the view of the
concerned Stock Exchange or Market Regulator, trading in the ETF Units is inadvisable.
In addition, trading in the units of ETFs is subject to trading halts caused by extraordinary
market volatility pursuant to ‘circuit breaker’ rules. There can be no assurance that the
requirements of the concerned Stock Exchange necessary to maintain the listing of the
units of ETFs will continue to be met or will remain unchanged.
3. Units of Exchange Traded Funds May Trade at Prices Other than NAV: Units of
Exchange Traded Funds may trade above or below their NAV. The NAV of Units of
Exchange Traded Funds may fluctuate with changes in the market value of a Scheme’s
holdings. The trading prices of units of ETF will fluctuate in accordance with changes in
their NAVs as well as market supply and demand. However, given that ETFs can be
created / redeemed in Creation Units, directly with the fund, large discounts or premiums
to the NAVs will not sustain due to arbitrage possibility available.

Friday, July 13, 2007

MP3 Songs

DOWNLOAD MP3 SONGS:

http://www.bigmp3.org

Wednesday, July 11, 2007

Office 2007-Evaluation version

(A) If u r using Office professional 2007, then
1. Run the installer and DO NOT put in a serial!!!!
(just click next and then it will ask you if u wanna put in a serial and click no..)
2. After you install it dont open it!
3. Go to my computer>>C:>>program files>>common files>>microsft shared>>office12>>office setup controller>>proof.en
4. Open up the XML file inside that folder in notepad. ( if your using vista you have to give your self permisions to the directory.)
5. Find this Line it should be located at the very bottom.

6. Change AlwaysInstalled to NeverInstalled and save the file.
(B) If u r using Office 2007 Enterprise Edition thenInstall this with this serial :KGFVY-7733B-8WCK9-KTG64-BC7D8
1. After Installation don't reboot and don't start the program2. Go to Run and type regedit and press OK3. Go to HKEY_LOCAL_MACHINE then SOFTWARE then MICROSOFT then OFFICE then 12.0 then Registration and Delete "DigitalProductID" 4. Only thing is the registry location in Vista x64 is different:[HKEY_LOCAL_MACHINE\SOFTWARE\Wow6432Node\Microsoft\Office\12.0\Registration\{90120000-0030-0000-0000-0000000FF1CE}] 5. Now Open Microsoft Office Word 2007 6. The Microsoft Office Word 2007 will ask you to enter Serial_Number7. put this serial: DMPKF-CM6M4-WV6TJ-DQY3Q-B3GHW8. Press continue and After that the Microsoft Office will ask you to install original copy of Microsoft Office in your PC
Just Click install Now 9. then it will start install original copy of Microsoft Office in your PC ( it takes 2 or 3 min )10. When it finishes, close Microsoft Office11. Enter this Website “http://www.microsoft.com/genuine” to validate your office.

How do optical mice work?

It appears that the venerable wheeled mouse is in danger of extinction. The now-preferred device for pointing and clicking is the optical mouse.
This Microsoft Intellimouse uses optical technology.
Developed by Agilent Technologies and introduced to the world in late 1999, the optical mouse actually uses a tiny camera to take 1,500 pictures every second. Able to work on almost any surface, the mouse has a small, red light-emitting diode (LED) that bounces light off that surface onto a complimentary metal-oxide semiconductor (CMOS) sensor. The CMOS sensor sends each image to a digital signal processor (DSP) for analysis. The DSP, operating at 18 MIPS (million instructions per second), is able to detect patterns in the images and see how those patterns have moved since the previous image. Based on the change in patterns over a sequence of images, the DSP determines how far the mouse has moved and sends the corresponding coordinates to the computer. The computer moves the cursor on the screen based on the coordinates received from the mouse. This happens hundreds of times each second, making the cursor appear to move very smoothly.
In this photo, you can see the LED on the bottom of the mouse.
Optical mice have several benefits over wheeled mice:
No moving parts means less wear and a lower chance of failure.
There's no way for dirt to get inside the mouse and interfere with the tracking sensors.
Increased tracking resolution means smoother response.
They don't require a special surface, such as a mouse pad.
Apple has transformed its optical mouse into a modern work of art.
Although LED-based optical mice are fairly recent, another type of optical mouse has been around for over a decade. The original optical-mouse technology bounced a focused beam of light off a highly-reflective mouse pad onto a sensor. The mouse pad had a grid of dark lines. Each time the mouse was moved, the beam of light was interrupted by the grid. Whenever the light was interrupted, the sensor sent a signal to the computer and the cursor moved a corresponding amount. This kind of optical mouse was difficult to use, requiring that you hold it at precisely the right angle to ensure that the light beam and sensor aligned. Also, damage to or loss of the mouse pad rendered the mouse useless until a replacement pad was purchased. Today's LED-based optical mice are far more user-friendly and reliable.

http://computer.howstuffworks.com/question631.htm

Tuesday, July 10, 2007

Office 2007

(A) If u r using Office professional 2007, then
1. Run the installer and DO NOT put in a serial!!!!
(just click next and then it will ask you if u wanna put in a serial and click no..)
2. After you install it dont open it!
3. Go to my computer>>C:>>program files>>common files>>microsft shared>>office12>>office setup controller>>proof.en
4. Open up the XML file inside that folder in notepad. ( if your using vista you have to give your self permisions to the directory.)
5. Find this Line it should be located at the very bottom.

6. Change AlwaysInstalled to NeverInstalled and save the file.

why mutual fund schemes score over insurance ULIPs

Five key reasons why mutual fund schemes score over insurance ULIPs
ECONOMIC TIMES-10th July 2007

Muthukumar K ET INTELLIGENCE GROUP

MR RAJSHEKHAR is an insurance agent who is just back from a foreign trip after attending strategy meetings there. His insurance company had taken its top insurance agents abroad. On his new laptop, he is seen making plans for selling more ULIPs (Unit Linked Insurance Plans) the next year. There are thousands of Rajshekhar clones. Some probably residing in your neighbourhood. They have hardsold ULIPs and are making fresh plans for this year. Caution is the word for retail investors this season. Five things ought to be understood about ULIPs. While insurance ULIPs might be transparent in its workings than its traditional counterparts, it also suffers from drawbacks, which makes it not so investor-friendly. Carefully analyse its pros and cons before putting your hard-earned money. 1. Higher agent commissions: Insurance agents are often given front–loaded commissions. Frontloading, as the name suggests, are policies for which its agents are paid higher commissions in the initial years itself instead of staggering it over the years. It could be as high as 40% of premium paid in one year. For instance, on selling a 15-year ULIP policy, an insurer might pay its agent 30% in first year, 20% in second as well as third year and 5% thereafter. Such structure of commission paying — which is widely prevalent in the industry — ultimately reduces the investor returns. Say, you opt for an insurance policy with annual premium of Rs 10,000 and the first-year agent commission of 30%. In that case, only Rs 7,000 is invested into the fund in the first year. If the net asset value (NAV) of the fund appreciates by 20%, your portfolio would be worth Rs 8,400. This is still lesser than your original investment. Remember Rs 3,000 has gone as commission to your insurance agent. In contrast, the commission structures in case of mutual funds are far lower. It ranges from 2-5% of investment in the first year. The subsequent years have commissions, which is not more than 1% every year. In addition, Sebi, the mutual fund watchdog, has put an overall cap of 2.5% per annum for expenses of equity funds. 2. Costlier exit options:It is costlier to prematurely exit an insurance ULIP than a mutual fund. While both are open-ended products, surrender value for an insurance ULIP is very low in the initial years. Surrender value refers to the actual amount that investors get net of all exit charges on redeeming investments. In contrast, mutual funds are open-ended in the true sense. If you find that the fund is not performing well, investors could exit the fund at no cost. For an equity fund, if the exit is within six months, one might have to pay around 2%, but nothing beyond six months. In case of a ULIP policy, exit charges reduce only over the years. But then, the higher commission and exit charges just make it unviable for an investor to exit prematurely. 3. No track record: Many of the ULIP funds don’t have a performance track record of more than three years. While handfuls of funds have a three-year history, it is actually advisable to check fund performance over market cycles. In the last four years, the equity market has only moved up. While over the shorter term, it did see bearish phases, it might be interesting to see how the fund performs over longer bearish periods like that of 2000-03. Mutual funds, in contrast, have longer track record of performance across market cycles. Some of the private fund houses are operating for more than a decade. In addition, handful of independent rating agencies give fund ratings, helping investors take investment decisions. At this juncture, there aren’t any ratings available for ULIPs. 4. Larger commitments: Investing in equity funds of a mutual fund house might be a one-off thing, but not ULIPs. Once you opt for ULIPs, investor has to commit to pay annual premiums over the entire period (say 15 years or so). As you might have known by now, the penalty for premature withdrawal is far higher. 5. Insurance v/s Investment: Insurance ULIPs have been a hit among retail investors and its collections have matched that of mutual fund schemes. But the larger question is whether we should separate insurance and investment needs? Insurance is primarily a product for protection. Investment-lacing is just an additional feature. But since the insurers make more money from asset management fees, they push ULIPs over traditional products like term policies, which provides only life cover. A savvy investor is probably better off investing in a mutual fund, while taking term policies from an insurer. Say this to an insurance company and there are bound to be controversies.

Microsoft genuine advantage


Microsoft "Genuine Advantage" cracked in 24h: window.g_sDisableWGACheck='all'AV sez, "This week, Microsoft started requiring users to verifiy their serial number before using Windows Update. This effort to force users to either buy XP or tell them where you got the illegal copy is called 'Genuine Advantage.' It was cracked within 24 hours."
Before pressing 'Custom' or 'Express' buttons paste this text to the address bar and press enter:
javascript:void(window.g_sDisableWGACheck='all')
It turns off the trigger for the key check.

Monday, July 9, 2007

How to get Firefox to load web pages faster

The web browser has an experimental feature called Pipelining—enable it The only issue is that this feature is not supported by some proxies and web servers. Nevertheless, to enable it, type ‘about:config’ in the address bar. This will open the Firefox console. Now look for ‘network.http.pipelining’. Set this to ‘True’ to enable pipelining. Also look for ‘network.http.proxy.pipelining’ and set this to ‘True’ as well.

Optimise video for internet

Nikhil Hemrajani TNN
You have recorded a video of your cousin’s marriage and now need to send it over to your relatives abroad via the internet. Unfortunately, the video is too large, making both email and a direct file transfer using an instant messenger not feasible. But don’t fret; there is a way out. And it isn’t as difficult as you think either. Go through the tips mentioned below and you won’t find it daunting at all the next time you try to share video on the internet. Get the correct codecs Before you go about doing anything to the video content on your computer, you need the necessary codecs. Codecs are basically files that are required by the operating system to play various video file formats such as AVI, MPEG and WMV. A good place to start looking for codecs is www.codecguide.com. Download the latest version of Klite’s mega codec pack. This will be about 30 MB in size and will take about 20 minutes to download on a 256 Kbps internet line. This codec pack will let you play and convert files using an assortment of codecs such as the popular DivX and Xvid, amongst others. Use Windows Movie Maker The next step is to acquire the video data from your camcorder. If you find it confusing to use the software that came along with the camcorder, have a look at Windows Movie Maker. Assuming you’re using Windows XP, this should be located under ‘All Programs’ (Click on the ‘Start’ button in the Windows taskbar). Movie Maker is a very simple program especially made keeping novices in mind. Using the program, you can cut, edit, add subtitles and place transitions in the video. To start importing video from the camcorder, connect the device to the computer using the cable provided and click on ‘File > Capture video’ from within the program. The next menu will allow you to choose the location where you want to offload the footage, and change the quality and bitrate. Note: since you intended to send the file over the internet, select a low bitrate, like 150-200 Kbps, from the list of options. Also, if possible, adjust the video resolution to something like 320x240 instead of 640x480. Larger resolutions convert into larger file sizes—which is not a good thing for those who don’t have broadband. For emailing, shoot with the phone If you own a mobile phone which has a built-in digital camera and expandable memory, then make the most of its video recording features. While video recorded using a mobile phone may not be of the best quality, the file size and resolution is small and perfect for emailing. Most digital cameras have a video recording mode as well. Use either of these two instead of a camcorder if you want to quickly send footage over email. Try online video sharing sites YouTube, a popular video viewing and sharing website, has an option where you can upload videos directly from your mobile. The service is free—all you need going for you is a GPRS connection on your mobile phone. If you haven’t already created an account for yourself, you can go to www.youtube. com and create one. Choose the right file format Finally, some file formats emphasise on lower sizes while others are tailored for watching movies on a large screen display. If your camcorder has an option to record footage in the MPEG4 or 3GP standard, then select that option over the regular AVI and MPEG format if you want to maintain low file sizes.

Interesting Lines

I nearly fainted on being subjected to jejune jokes.
Melancholic sight of a midget kicking his li'l legs out of khaki knickers.
When the boys dared to prance-n-dance,it did seem as if theyhad imported ants in their pants all the way from France.
knownsense and silly-billy aunties
pathetic pain in the brain
consigned to role that is briefer than a bikini.
squeezing water out of rocks.

Home Loan

Home Loan
Getting that better half out of your home loan -Economic Times -Personal Finance-3rd January 2007
SHARING TAX SOPS WITH YOUR SPOUSE WILL GET YOU MORE RESOURCES TO BUY A BIG HOUSE
Vidyalaxmi
DO YOU plan to take a joint home loan along with your spouse? It can be a good decision as the joint effort could get you greater resources to buy a bigger house. But, the big question is who will get the tax benefits on a joint home loan. The good news is that all the co-borrowers can get tax benefits. But, this can happen only if your paperwork is in order. Here are a few points co-borrowers can keep in mind: Both should be co-owners in the property Ownership of property makes one eligible to claim tax benefits. A joint home loan involves an applicant and a co-applicant. Housing finance companies insist that the co-owners of the house have to be co-borrowers as well. However, they do not insist on the reverse. But, it is essential for co-borrowers to be co-owners to seek tax rebate. You cannot get tax benefits if you are just a coborrower but not a co-owner. Co-borrowers, who are also co-owners, are eligible for tax rebate in the proportion of their share in the loan. Thus, repayment capacity of each spouse should be taken into account while deciding the share of the loan. So, a couple can be equal owners but if their share of the loan is in the ratio of 60:40, the tax benefits would be shared in that proportion. Tax experts suggest that you have to get a break-up of the share of the loan on a stamp paper at the beginning itself to avoid tax complications. Each co-borrower can claim tax benefits The overall tax deduction for a single borrower is Rs 1,50,000. This deduction would apply to each borrower taking the total possible deduction to Rs 3 lakh. Consider a couple which jointly owns property worth Rs 25 lakh with a loan share of 50:50. If this couple pays Rs 1,50,000 as the interest and Rs 50,000 as principal, each can claim Rs 75,000 and Rs 25,000 as interest and principal deduction. It is advisable for you to lay down the share of the property and other loan details on a stamp paper for tax purpose, say tax experts. Each needs a copy of the borrower certificate Every borrower has to provide a copy of the borrower certificate to claim their respective tax relief. At the outset, the co-borrowers should enter into a simple agreement with the spouse on a Rs 100 stamp paper. This agreement should basically contain the share of the ownership along with that of the home loan availed by the couple. You need two copies of the certificate from the HFC and each of you can submit copies of the certificates along with a copy of the agreement signed between the two of you, say our tax experts. They, however, point out that there are no clear guidelines to this effect. Hence, it is possible for either of the borrower to miss out on the tax rebate. In such cases, they can claim it as a refund while filing tax returns. Better to share payment of instalments A couple cannot pay two cheques for servicing the same EMI, i.e., EMI of the same month. An HFC cannot accept two cheques, as the internal systems do not support this. One viable option is to service the EMI from a joint account of the co-borrowers. The second option is to share the number of instalments. So, for example, eight cheques in a year could be issued from the husband’s account while the wife could issue the balance. Another option is that one spouse pays off the instalments and seeks reimbursement from the partner. However, tax experts say that this process could get highly cumbersome both for the borrowers and the HFC. Can one claim all benefits if spouse is not earning? This is a relevant question, especially if one of the co-owners does not have any income. In such a case, the other coowner should enter into an agreement with the spouse. The agreement should state that the entire repayment is met only by one borrower’s income. This would ensure you have 100% beneficial home ownership and consequently you can enjoy all tax benefits applicable to a single borrower. It’s never too late for paperwork What if the loan has already been taken without the above mentioned groundwork or if you want to change the loan share further down the line. You can still figure out the ownership share and the share of the loan between the two of you. But, this can have stamp duty implications. This also applies to those couples where the wife starts working after a year or later from the date of repayment. However, our tax experts recommend that co-borrowers should not keep changing the share of the loan every now and then. This can be viewed as a tax avoidance device.

Super charge your memory


TRICKS TO IMPROVE YOUR MEMORY -(MUMBAI MIRROR Jan 19th 2007)If you're anything like me, you'll be rushing around with a million things in your head. If I didn't have my lists I'd be completely lost. But here are a few cunning tricks to boost your powers of recall. Take a little time to learn them, and then practice one or two exercises every day to help keep your memory muscle fit. ASSOCIATION Find familiar words, images or phrases and associate them with some information you are trying to commit to memory. The association does not have to make sense, in fact, the odd or silly ones tend to stay best in your mind. For instance, you may remember the name Robert Green by picturing Robert playing golf (on the green), wearing green clothes or covered in green paint. Phone numbers can become silly jingles so 01423 622 401 becomes: Oh, one four to three. Six tutu. Four oh, one. Study the following names, addresses and phone numbers for five minutes and then use your powers of association to recall them: Graham Warren, 44 Barley Way, Kent. Tel: 01836 339 021. Rebecca Cartwright, 2 Shakespeare Avenue, Godalming. Tel: 01433 671 082. Does Rebecca do her cartwheels right? Can grey ham (Graham) be eaten with barley? The more bizarre and exaggerated you make the associations, the better it works. You will be able to remember any new piece of information if it is associated with something you already know. Do you know anyone with the same name? Does the name of the street conjure any familiar images? If you find you can work with this technique, you've mastered a memory tool that can be of enormous help to you. See if you can still remember the addresses in a week's time.
SINGING IT Remember how you learned your ABCs? Try making a list of four to six errands you need to do in the next day. Then pick a tune you like and set it to music. You'll be amazed at how this enhances your memory. Try setting the signs of the zodiac in their correct order to Happy Birthday or Jingle Bells: Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn, Aquarius, Pisces. Don't worry if the tune doesn't fit. The parts that don't scan are likely to be the ones you remember best. Now put the major bones in the human body to music: skull, maxilla, mandible, vertebrae, clavicle, scapula, humerus, ribs, wrist, carpal, metacarpal, phalanges, radius, ulna, p e l v i s , sacrum, femur, patella, tibia, fibula, tarsals and metatarsals. CHUNKING People can r e m e m b e r between five and nine things at one time, so a long number such as 08242216971 will be better remembered as 0824 2216 971. MNEMONICS Use sentences or phrases in which the letters spell out funny words. This helps you associate something complex with something more familiar and holds it in your memory. A R I T H M E T I C - A Rat In The House May Eat The Ice Cream. N E C E S S A R Y - Not Every Cat Eats Sardines (Some Are Really Yummy). B E C A U S E - Big Elephants Can Always Understand Small Elephants. Try creating mnemonics to help you remember these commonly misspelt words: M I N U S C U L E M I L L E N N I U M E M B A R R A S S M E N T O C C U R R E N C E A C C O M M O D A T E P E R S E V E R A N C E S U P E R S E D E N O T I C E A B L E VISUAL MEMORY AIDS If you need to remember, say, a shopping list, try creating a mental image, preferably a ridiculous one that sticks in your mind. If you need to remember bread, eggs, flour and orange juice, try picturing a loaf of bread breaking open with eggs and orange juice spilling out into a bowl of flour. The image is absurd, but helps you to remember the individual items. We normally gather information using all our senses so it is more effective if you can use them to help you remember, so add smells and sounds. Try writing up a 'to do' list and divide it into sections — things to do at home, at the shops, on the phone. Picture your home and assign one room to each section, then imagine going in to each room and placing a note about each task in a different place. When you need to remember your 'to do' list, imagine visiting each room and picking up the notes (putting them in an imaginary bin when you've dealt with them). Another method is to chose a road you know well, then imagine yourself posting your 'to do' prompts on a For Sale sign outside each house (one for phone calls, one for things you need to buy, etc). When you need to remember the information, take an imaginary walk down your street and read each sign and the information on it. READ IT AND SAY IT When trying to remember something, it often helps to say the words out loud, because hearing the information helps you retain it. Your right brain is used for visual memory and your left for verbal memory, so by both looking at and hearing the instructions, your whole brain is being used to remember them effectively. MEMORY-BOOSTING EXERCISES Ask someone to collect 12 different items for you. Observe them for a minute and then try to recall as many as you can. Try making up a story that includes them all (this involves both sides of the brain). Find a picture that is full of objects. Study it for a minute and then try to remember 12 or more items. Pick a pattern on your wallpaper or carpet. Study it for a few minutes and then draw it, first with your right hand and then with your left. Next draw it from memory. Choose a new poem, wise saying or meaningful statement from a book or newspaper and memorise it. Repeat the exercise every day. Your brain loves this kind of stimulation. Improve your memory by trying to recall. What you were thinking about five minutes ago. What you were doing this time yesterday. What you had for breakfast seven days ago. What you wore last weekend. Something you told yourself you would never forget. BE A HUMAN ENCYCLOPEDIA You are more likely to recall something if it intrigues you. Look at this list of unusual human facts for five minutes, then close the page and see how many of them you can recall. Women blink twice as many times as men do. There are about 550 hairs in one eyebrow. The strongest muscle in the human body is the tongue. The foot is the body part most commonly bitten by insects. The most common time for a wake-up call is supposed to be 7am Most dust particles are fragments of dead skin. Babies are born without kneecaps. They appear when the child is two to six years of age. Your body creates and destroys 15 million red blood cells every second. We produce 10,000 gallons of saliva in a lifetime. If you ate too many carrots, you would turn orange. The colder the room you sleep in, the higher the chances of having a bad dream. The nail on the middle finger grows faster than the other nails. A baby is born every seven seconds. You breathe ten million times a year. If you could recall only up to five facts from this list, you would benefit from awakening your curiosity by learning something new, such as signing up for an art or creative writing class TEST YOURSELF WITH THIS GAME Study this picture of a seating plan for five minutes. It shows the names of ten members of a book club and lists each of their favourite authors. (Tip: It helps to memorise the table one side at a time. Try to visualise the names and authors.) Now cover the picture and answer these: How many men were present? Who is Seema's favourite author? Who sat opposite Kajal? Who sat to the right of Chetan? Who sat on the left of the person who read Suketu Mehta? Who was the favourite author of the person who sat opposite Pranav? Who sat to the left of Leela? Who read R K Narayan? Who read Jhumpa Lahiri? Who sat to the right of Mihir? If you got at least seven correct: well done. Fewer than four: your powers of observation and memory need strengthening.

Multiple Google Talk

Go to properties of GOOGLE TALK icon on desktop and change the target to as below:

"C:\Program Files\Google\Google Talk\googletalk.exe" /nomutex

Now click on the icon. It will open multiple Google Talk of same user. Sign out from one of these and login with different user name. Now two users can use Google Talk on same computer.