* Thou shalt not re-bandage your tattoo.
* Thou shalt not use Vaseline or petroleum jelly, as your tattoo will not be exposed to air to breathe.
* Thou shalt not drink alcohol 24 hours before & 2 weeks after getting a tattoo done (It may lead to excess bleeding).
* Thou shalt not eat starchy, deep fried & oily food (non-veg, potatoes, chana) for 2-3 weeks, it may cause heat boil on and around your tattoo.
* Thou shalt not pick or scratch your tattoo, it will bleed, making a faded spot that will stand out.
* Thou shalt not use alcohol or peroxide, it may cause an irritation to your skin and tattoo.
* Thou shalt not soak your tattoo in a tub or the shower - get in, get clean, get out! Stay out of pools, hot tubs, oceans,etc.
* Thou shalt not gym for a month; it may stretch your tattoo causing pain, bleeding, and loss of color.
* Thou shalt not expose your tattoo to direct sunlight & tanning beds, it may fade your tattoo.
* Thou shalt not over lubricate your tattoo; however, don't let it dry out, either.
* Thou shalt not wear wool, synthetic fabrics & tight clothes, wear loose cotton clothes until the tattoo heals.
* Thou shalt not let anybody touch your tattoo; bacteria might infect your tattoo.
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About Me
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- ήįţįή α.k.α ŖΩĆĶ¥
- ήįţįή α.k.α ŖΩĆĶ¥ [believes] All I can do is be me, whoever that is. {Crtsy: Bob Dylan} And so do i
Saturday, January 31, 2009
Friday, January 16, 2009
Few things I learnt over a period of time:
1. Alwaz remember,even if the friend list is too long to recollect...its your parents who stand by you...They are the most precious assets we have. Never hurt them and take them for granted.
2. Never conclude your opinion of a person on the first impression you receive,try to evaluate his/her persona with time, Coz once we form perceptions we cannot rectify them if the fault is from our end.......
3. Try and learn diplomacy coz its then wen u will articulate things in a better way.
4. When the going gets tuf, the tuf gets going!(my buddy advised me this)
Every point, we lose our dear ones...its natural or situational...Natural loss cannot be compensated but we definitely have the strength to change the toughest situation.
6. There is a thin line between love and frienship....its we who should realise that..or else in the end we are the LOSERS as we lose on our friend and love too.
7. Pray to God religiously coz God genuinely helps those who are willing to help themselves.
8. A text i recd a few days ago...but a truth we ignore so easily
"IF I LOVE MYSELF DESPITE MY INFINITE FAULTS, HOW CAN I HATE ANYONE AT THE GLIMPSE OF FEW FAULTS?"
9. Do not adjust so much for anyone, that you forget your own identity.
10. Remember, acknowledge and thank each and every person who has been thru d tough times in your life.
11. Listen to your mind as it alwaz leads you to the right path...its u we who neglect our intuitions and then crib for the mistakes we did.
12. Its we who under estimate ourselves...once the responsibilty is thrusted upon us...we come out with the best within us....
13. Everything can be possible with hardwork and right attitude.
14. Life doesnt wait for ne1....we have to take a step ahead and move on...or else we are the ones who will miss many more bful things in the future...
15. We paint the canvas of our life, luck is just a finishing touch that makes the picture more elegant.
16. Change is not alwaz acceptable, but we have to revive and re-visit our own thots coz Change is for Good.
17. Whatever happens, happens for good........
18. Never promise ne1 wen ur happy. u may end up committing something you dont wanna...
19. Stick to ur guns and do not go with the crowd, wen its matter of ur life...
not that we do not make errros...to err is human, but we should gather the guts to face the consequences.
21. Life goes on...it doesnt wait for anyone....so should we...cribbing abt the things that have happened is non sense...
22. I am GAnpaTi' s child and i know he is my protector, strength, father, mother and fulfills every relation I am missing....He can never ever disppoint me...
23. When you are at fault, do not cry over it...winner is the one who has the strength to first accept the mistake and then rectify it.
24. Wat ppl think...wat ppl say...is all bullshit...only u kno who u r and wat u r upto...care a damn about them....
Cheers
Nitin Rajan
See all the ways you can stay connected to friends and family
Saturday, January 10, 2009
Hedging
Hedging is often considered an advanced investing strategy, but the principles of hedging are fairly simple. With the popularity - and accompanying criticism - of hedge funds, the practice of hedging is becoming more widespread. Despite this, it is still not widely understood. Read on for a basic grasp of how this strategy works and how it is used.
Everyday Hedges
Most people have, whether they know it or not, engaged in hedging. For example, when you take out insurance to minimize the risk that an injury will erase your income, or you buy life insurance to support your family in the case of your death, this is a hedge. You pay money in monthly sums for the coverage provided by an insurance company. Although the textbook definition of hedging is an investment taken out to limit the risk of another investment, insurance is an example of a real-world hedge.
Hedging by the Book
Hedging, in the Wall Street sense of the word, is best illustrated by example. Imagine that you want to invest in the budding industry of bungee cord manufacturing. You know of a company called Plummet that is revolutionizing the materials and designs to make cords that are twice as good as its nearest competitor, Drop, so you think that Plummet's share value will rise over the next month. Unfortunately, the bungee cord manufacturing industry is always susceptible to sudden changes in regulations and safety standards, meaning it is quite volatile. This is called industry risk. Despite this, you believe in this company and you just want to find a way to reduce the industry risk. In this case, you are going to hedge by going long on Plummet while shorting its competitor, Drop. The value of the shares involved will be $1,000 for each company. If the industry as a whole goes up, you make a profit on Plummet, but lose on Drop - hopefully for a modest overall gain. If the industry takes a hit, for example if someone dies bungee jumping, you lose money on Plummet but make money on Drop. Basically, your overall profit, the profit from going long on Plummet, is minimized in favor of less industry risk. This is sometimes called a pairs trade and it helps investors gain a foothold in volatile industries or find companies in sectors that have some kind of systematic risk.
Expansion
Hedging has grown to encompass all areas of finance and business. For example, a corporation may choose to build a factory in another country that it exports its product to in order to hedge against currency risk. An investor can hedge his or her long position with put options or a short seller can hedge a position though call options. Futures contracts and other derivatives can be hedged with synthetic instruments. Basically, every investment has some form of a hedge. Besides protecting an investor from various types of risk, it is believed that hedging makes the market run more efficiently. One clear example of this is when an investor purchases put options on a stock to minimize downside risk. Suppose that an investor has 100 shares in a company and that the company's stock has made a strong move from $25 to $50 over the last year. The investor still likes the stock and its prospects looking forward but is concerned about the correction that could accompany such a strong move. Instead of selling the shares, the investor can buy a single put option, which gives him or her the right to sell 100 shares of the company at the exercise price before the expiry date. If the investor buys the put option with an exercise price of $50 and an expiry day three months in the future, he or she will be able to guarantee a sale price of $50 no matter what happens to the stock over the next three months. The investor simply pays the option premium, which essentially provides some insurance from downside risk.
Conclusion
Hedging is often unfairly confused with hedge funds. Hedging, whether in your portfolio, your business, or anywhere else, is about decreasing or transferring risk. Hedging is a valid strategy that can help protect your portfolio, home and business from uncertainty. As with any risk/reward tradeoff, hedging results in lower returns than if you "bet the farm" on a volatile investment, but it lowers the risk of losing your shirt. Many hedge funds, by contrast, take on the risk that people want to transfer away. By taking on this additional risk, they hope to benefit from the accompanying rewards.
Cheers
Nitin Rajan
See all the ways you can stay connected to friends and family
Everyday Hedges
Most people have, whether they know it or not, engaged in hedging. For example, when you take out insurance to minimize the risk that an injury will erase your income, or you buy life insurance to support your family in the case of your death, this is a hedge. You pay money in monthly sums for the coverage provided by an insurance company. Although the textbook definition of hedging is an investment taken out to limit the risk of another investment, insurance is an example of a real-world hedge.
Hedging by the Book
Hedging, in the Wall Street sense of the word, is best illustrated by example. Imagine that you want to invest in the budding industry of bungee cord manufacturing. You know of a company called Plummet that is revolutionizing the materials and designs to make cords that are twice as good as its nearest competitor, Drop, so you think that Plummet's share value will rise over the next month. Unfortunately, the bungee cord manufacturing industry is always susceptible to sudden changes in regulations and safety standards, meaning it is quite volatile. This is called industry risk. Despite this, you believe in this company and you just want to find a way to reduce the industry risk. In this case, you are going to hedge by going long on Plummet while shorting its competitor, Drop. The value of the shares involved will be $1,000 for each company. If the industry as a whole goes up, you make a profit on Plummet, but lose on Drop - hopefully for a modest overall gain. If the industry takes a hit, for example if someone dies bungee jumping, you lose money on Plummet but make money on Drop. Basically, your overall profit, the profit from going long on Plummet, is minimized in favor of less industry risk. This is sometimes called a pairs trade and it helps investors gain a foothold in volatile industries or find companies in sectors that have some kind of systematic risk.
Expansion
Hedging has grown to encompass all areas of finance and business. For example, a corporation may choose to build a factory in another country that it exports its product to in order to hedge against currency risk. An investor can hedge his or her long position with put options or a short seller can hedge a position though call options. Futures contracts and other derivatives can be hedged with synthetic instruments. Basically, every investment has some form of a hedge. Besides protecting an investor from various types of risk, it is believed that hedging makes the market run more efficiently. One clear example of this is when an investor purchases put options on a stock to minimize downside risk. Suppose that an investor has 100 shares in a company and that the company's stock has made a strong move from $25 to $50 over the last year. The investor still likes the stock and its prospects looking forward but is concerned about the correction that could accompany such a strong move. Instead of selling the shares, the investor can buy a single put option, which gives him or her the right to sell 100 shares of the company at the exercise price before the expiry date. If the investor buys the put option with an exercise price of $50 and an expiry day three months in the future, he or she will be able to guarantee a sale price of $50 no matter what happens to the stock over the next three months. The investor simply pays the option premium, which essentially provides some insurance from downside risk.
Conclusion
Hedging is often unfairly confused with hedge funds. Hedging, whether in your portfolio, your business, or anywhere else, is about decreasing or transferring risk. Hedging is a valid strategy that can help protect your portfolio, home and business from uncertainty. As with any risk/reward tradeoff, hedging results in lower returns than if you "bet the farm" on a volatile investment, but it lowers the risk of losing your shirt. Many hedge funds, by contrast, take on the risk that people want to transfer away. By taking on this additional risk, they hope to benefit from the accompanying rewards.
Cheers
Nitin Rajan
See all the ways you can stay connected to friends and family
Our Agony!!
A Story - About The Pretty Lady
Once upon a time a big monk and a little monk were traveling together.
They came to the bank of a river and found the bridge was damaged.
They had to wade across the river. There was a pretty lady who was
stuck at the damaged bridge and couldn't cross the river. The big monk
offered to carry her across the river on his back. The lady accepted.
The little monk was shocked by the move of the big monk. 'How can big
brother carry a lady when we are supposed to avoid all intimacy with
females?' thought the little monk. But he kept quiet. The big monk
carried the lady across the river and the small monk followed
unhappily. When they crossed the river, the big monk let the lady down
and they parted ways with her.
All along the way for several miles, the little monk was very unhappy
with the act of the big monk. He was making up all kinds of
accusations about big monk in his head. This got him madder and
madder. But he still kept quiet. And the big monk had no inclination
to explain his situation.
Finally, at a rest point many hours later, the little monk could not
stand it any further, he burst out angrily at the big monk. 'How can
you claim yourself a devout monk, when you seize the first opportunity
to touch a female, especially when she is very pretty? All your
teachings to me make you a big hypocrite'
The big monk looked surprised and said, 'I had put down the pretty
lady at the river bank many hours ago, how come you are still carrying
her along?'
[This very old Chinese Zen story reflects the thinking of many people
today. We encounter many unpleasant things in our life, they irritate
us and they make us angry. Sometimes, they cause us a lot of hurt,
sometimes they cause us to be bitter or jealous. But like the little
monk, we are not willing to let them go away. We keep on carrying the
baggage of the 'pretty lady' with us. We let them keep on coming back
to hurt us, make us angry, make us bitter and cause us a lot of agony.
Why? Simply because we are not willing to put down or let go of the
baggage of the 'pretty lady'. We should let go of the pretty lady
immediately after crossing the river, that is after the unpleasant
event is over. This will immediately remove all our agonies. There is
no need to be further hurt by the unpleasant event after it is over.]
Cheers
Nitin Rajan
What can you do with the new Windows Live? Find out
Once upon a time a big monk and a little monk were traveling together.
They came to the bank of a river and found the bridge was damaged.
They had to wade across the river. There was a pretty lady who was
stuck at the damaged bridge and couldn't cross the river. The big monk
offered to carry her across the river on his back. The lady accepted.
The little monk was shocked by the move of the big monk. 'How can big
brother carry a lady when we are supposed to avoid all intimacy with
females?' thought the little monk. But he kept quiet. The big monk
carried the lady across the river and the small monk followed
unhappily. When they crossed the river, the big monk let the lady down
and they parted ways with her.
All along the way for several miles, the little monk was very unhappy
with the act of the big monk. He was making up all kinds of
accusations about big monk in his head. This got him madder and
madder. But he still kept quiet. And the big monk had no inclination
to explain his situation.
Finally, at a rest point many hours later, the little monk could not
stand it any further, he burst out angrily at the big monk. 'How can
you claim yourself a devout monk, when you seize the first opportunity
to touch a female, especially when she is very pretty? All your
teachings to me make you a big hypocrite'
The big monk looked surprised and said, 'I had put down the pretty
lady at the river bank many hours ago, how come you are still carrying
her along?'
[This very old Chinese Zen story reflects the thinking of many people
today. We encounter many unpleasant things in our life, they irritate
us and they make us angry. Sometimes, they cause us a lot of hurt,
sometimes they cause us to be bitter or jealous. But like the little
monk, we are not willing to let them go away. We keep on carrying the
baggage of the 'pretty lady' with us. We let them keep on coming back
to hurt us, make us angry, make us bitter and cause us a lot of agony.
Why? Simply because we are not willing to put down or let go of the
baggage of the 'pretty lady'. We should let go of the pretty lady
immediately after crossing the river, that is after the unpleasant
event is over. This will immediately remove all our agonies. There is
no need to be further hurt by the unpleasant event after it is over.]
Cheers
Nitin Rajan
What can you do with the new Windows Live? Find out
Our Problems!!
A Story - About The Frogs
A farmer came into town and asked the owner of a restaurant if he
could use a million frog legs. The restaurant owner was shocked and
asked the man where he could get so many frog legs! The farmer
replied, 'There is a pond near my house that is full of frogs -
millions of them. They all croak all night long and they are about to
make me crazy!' So the restaurant owner and the farmer made an
agreement that the farmer would deliver frogs to the restaurant, five
hundred at a time for the next several weeks.
The first week, the farmer returned to the restaurant looking rather
sheepish, with two scrawny little frogs. The restaurant owner said,
'Well... where are all the frogs?' The farmer said, 'I was
mistaken.
There were only these two frogs in the pond. But they sure were making
a lot of noise!'
[Next time you hear somebody criticizing or making fun of you,
remember, it's probably just a couple of noisy frogs. Also remember
that problems always seem bigger in the dark. Have you ever laid in
your bed at night worrying about things which seem almost overwhelming
like a million frogs croaking? Chances are pretty good that when the
morning comes, and you take a closer look, you'll wonder what all the
fuss was about.]
Cheers
Nitin Rajan
Make sure your wardrobe reflects the latest trends and styles in the world of fashion. Try it!
A farmer came into town and asked the owner of a restaurant if he
could use a million frog legs. The restaurant owner was shocked and
asked the man where he could get so many frog legs! The farmer
replied, 'There is a pond near my house that is full of frogs -
millions of them. They all croak all night long and they are about to
make me crazy!' So the restaurant owner and the farmer made an
agreement that the farmer would deliver frogs to the restaurant, five
hundred at a time for the next several weeks.
The first week, the farmer returned to the restaurant looking rather
sheepish, with two scrawny little frogs. The restaurant owner said,
'Well... where are all the frogs?' The farmer said, 'I was
mistaken.
There were only these two frogs in the pond. But they sure were making
a lot of noise!'
[Next time you hear somebody criticizing or making fun of you,
remember, it's probably just a couple of noisy frogs. Also remember
that problems always seem bigger in the dark. Have you ever laid in
your bed at night worrying about things which seem almost overwhelming
like a million frogs croaking? Chances are pretty good that when the
morning comes, and you take a closer look, you'll wonder what all the
fuss was about.]
Cheers
Nitin Rajan
Make sure your wardrobe reflects the latest trends and styles in the world of fashion. Try it!
Expectations!!
A Story - About The Turtles
A turtle family decided to go on a picnic. The turtles, being
naturally slow about things, took seven years to prepare for their
outing. Finally the turtle family left home looking for a suitable
place. During the second year of their journey they found a place
ideal for them at last!
For about six months they cleaned the area, unpacked the picnic
basket, and completed the arrangements. Then they discovered they had
forgotten the salt. A picnic without salt would be a disaster, they
all agreed. After a lengthy discussion, the youngest turtle was chosen
to retrieve the salt from home. Although he was the fastest of the
slow moving turtles, the little turtle whined, cried, and wobbled in
his shell. He agreed to go on one condition: that no one would eat
until he returned. The family consented and the little turtle left.
Three years passed and the little turtle had not returned. Five
years...six years... then on the seventh year of his absence, the
oldest turtle could no longer contain his hunger. He announced that he
was going to eat and begun to unwrap a sandwich.
At that point the little turtle suddenly popped out from behind a tree
shouting, 'See! I knew you wouldn't wait. Now I am not going to go get
the salt.'
[Some of us waste our time waiting for people to live up to our
expectations. We are so concerned about what others are doing that we
don't do anything ourselves.]
Cheers
Nitin Rajan
See all the ways you can stay connected to friends and family
A turtle family decided to go on a picnic. The turtles, being
naturally slow about things, took seven years to prepare for their
outing. Finally the turtle family left home looking for a suitable
place. During the second year of their journey they found a place
ideal for them at last!
For about six months they cleaned the area, unpacked the picnic
basket, and completed the arrangements. Then they discovered they had
forgotten the salt. A picnic without salt would be a disaster, they
all agreed. After a lengthy discussion, the youngest turtle was chosen
to retrieve the salt from home. Although he was the fastest of the
slow moving turtles, the little turtle whined, cried, and wobbled in
his shell. He agreed to go on one condition: that no one would eat
until he returned. The family consented and the little turtle left.
Three years passed and the little turtle had not returned. Five
years...six years... then on the seventh year of his absence, the
oldest turtle could no longer contain his hunger. He announced that he
was going to eat and begun to unwrap a sandwich.
At that point the little turtle suddenly popped out from behind a tree
shouting, 'See! I knew you wouldn't wait. Now I am not going to go get
the salt.'
[Some of us waste our time waiting for people to live up to our
expectations. We are so concerned about what others are doing that we
don't do anything ourselves.]
Cheers
Nitin Rajan
See all the ways you can stay connected to friends and family
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