Monthly Archives: August 2009

Six reasons why real estate is a good investment

Kavita Sriram, Time of India Journalist says this is a good time for investors to buy property as part of a portfolio

Leading a life of luxury on borrowed money may not always be the right thing to do. How prudent would it be to make an exception on home loans? Should you buy your dream house or invest in some piece of land? Is it time to invest in real estate?

STABILITY
Real estate is less volatile than stocks. While real estate may be less liquid, and you may have to wait indefinitely before a buyer agrees to purchase your property for the price you seek, the prices are not as volatile as the stock markets. The transition towards a correction or boom takes place gradually, giving ample time for investors to read the transition and safeguard their positions.

PRICE CORRECTION
The economic slowdown had an impact on this sector. The rates have come down over the past few months. Wouldn’t it make a lot more sense to invest in real estate when a price correction is taking place rather than in a heated market? People with a large disposable income can explore investing in real estate for diversification of their assets. Lowering home loan interest rates and lower property prices makes it an opportunity hard to resist.

GOOD IN RECESSION
Some investments are considered safe in times of recession like precious metals and foreign currencies. In this list of investments that are popular during times of financial uncertainty, real estate can be included. Focus on achieving positive monthly cash flows rather than immediate appreciation. Cash flow refers to the amount of cash coming in relative to the amount going out.

HEDGE AGAINST INFLATION
Real estate and gold are considered a hedge against forces of inflation. Inflation has led to the rupee value depreciating and property prices travelling upwards. Property investments are typically held over a long term.

TAX BENEFITS
Home loan borrowers are eligible for tax deductions on their interest and principal repayments subject to a certain limit. Further, you can use the rental income from the property to make a portion of the EMI repayments.

GOOD RETURNS IN LONG TERM
Investments in property has always proved to be stable and yielded good returns over the long term. With lesser risk and probability of higher returns, this is a much favoured investment option. Stimulus packages announced by the government are expected to show good results and bolster the economy. Cement, a key construction material, has indicated a growth of 12 percent in May. This is enough indicator of vigorous economic activity. Borrow as little as possible and consider investing in property.

Salesforce Next generation Partner Portal 2.0 Launched

Salesforce today launched a complete new and next generation Partner Portal 2.0.

Log in today using your existing partner portal credentials to:

My favorites are ..
1. Content – It is the best possible location to find any Salesforce presentation, cheat sheets or certification guides … a complete repository of Salesforce documents.
2. Partner Calendar – To view the latest Salesforce.com events and evaluate sponsorship opportunities


Partner Portal 2.0 – Getting Started from John Richter on Vimeo.

Cast Iron Integration for Salesforce.com

The No Software Approach to Integration
Cast Iron Systems created a fast and simple solution specifically for integrating salesforce.com with other applications.

Connect Salesforce.com
Just as the No Software experience of salesforce.com has simplified sales automation, Cast Iron’s No Software approach has dramatically simplified application migration and integration for salesforce.com customers.

Features
Cast Iron solution is AppExchange certified and provides the following features

  • Migration and Data Quality
  • Data Profiling
    Intelligent Data Cleansing
    Data Enrichment

  • Integration and Extraction
  • Connectivity
    Transformation
    Workflow
    Management

    Read more on Cast Iron Integration for Salesforce.com @ CastIron.com

    Nandan Nilekani’s Fully integrated ID card system!

    Indian govt is thinking of issuing fully inegrated ID card to every Indian, this initiative is headed by Nandan Nilekani. Following is a small hilarious act on how the Life then would be as follows:

    Operator : “Thank you for calling Pizza Hut . May I have your…”

    Customer: “Helo, can I order..”

    Operator : “Can I have your multi purpose ID card number first, Sir?”

    Customer: “It’s he…, hold……….on…….889861356102049998-45-54610″

    Operator : “OK… You’re… Mr Singh and you’re calling from 17 JalVayu. Your home number is 22678893, your office 25076666 and your mobile is 9869798888. Which number are you calling from now Sir?”

    Customer: “Home! How did you get all my phone numbers?

    Operator : “We are connected to the system Sir”

    Customer: “May I order your Seafood Pizza…”

    Operator : “That’s not a good idea Sir”

    Customer: “How come?”

    Operator : “According to your medical records, you have high blood pressure and even higher cholesterol level Sir”

    Customer: “What?… What do you recommend then?”

    Operator : “Try our Low Fat Pizza. You’ll like it”

    Customer: “How do you know for sure?”

    Operator : “You borrowed a book entitled “Popular Dishes” from the National Library last week Sir”

    Customer: “OK I give up… Give me three family size ones then, how much will that cost?”

    Operator : “That should be enough for your family of 05, Sir. The total is Rs 500.00″

    Customer: “Can I pay by Credit card?”

    Operator : “I’m afraid you have to pay us cash, Sir. Your credit card is over the limit and you owe your bank Rs 23,000.75 since October last year. That’s not including the late payment charges on your housing loan, Sir..”

    Customer: “I guess I have to run to the neighborhood ATM and withdraw some cash before your guy arrives”

    Operator : “You can’t Sir. Based on the records, you’ve reached your daily limit on machine withdrawal today”

    Customer: “Never mind just send the pizzas, I’ll have the cash ready. How long is it gonna take anyway?”

    Operator : “About 45 minutes Sir, but if you can’t wait you can always come and collect it on your Nano Car…..”

    Customer: “What!”

    Operator : “According to the details in system ,you own a Nano car,…registration number GZ-05-AB-1107..”

    Customer: “????”

    Operator : “Is there anything else Sir?”

    Customer: “Nothing… By the way… Aren’t you giving me that 3 free bottles of cola as advertised?”

    Operator : “We normally would Sir, but based on your records you’re also diabetic……. ”

    Customer: #$$^%&$@$% ^

    Operator: “Better watch your language Sir.. Remember on 15th July 2010 you were convicted of using abusive language on a policeman…?”

    Customer Faints

    World celebrates India Independence day

    Today 15 August is the day we(Indians) celebrate our independence day

    “At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom. Happy Independence Day to everyone !”

    These was the first announcement which was made by Our First PM Jawaharlal Nehru

    Also see the world celebrating India’s independence day …

    Independence Day Celebration @ Orkut.com

    Independence Day Celebration @ Orkut.com

    Armageddon (1998)

    It’s Closer Than You Think. For Love. For Honor. For Mankind. Take the Ride of Your Life!

    Synopsis
    As a massive asteroid hurtles toward Earth, NASA head honcho Dan Truman (Billy Bob Thornton) hatches a plan to split the deadly rock in two before it annihilates the entire planet, calling on Harry Stamper (Bruce Willis) — the world’s finest oil driller — to head up the mission. With time rapidly running out, Stamper assembles a crack team and blasts off into space to attempt the treacherous task.

    My Review
    Movie is fast paced and is a true entertainer. Its just fun to watch. You can just relax and have fun with it its great. Don’t try to verify the physics of space and of asteroids, just enjoy the movie.

    Last few moments when Harry(Bruce) gives his life for A.J(Bruce daughter’s Fiancé) in a very touching moment the story comes together and sets it right. The movie ends with a mature moment and a mankind lesson.

    Trailer



    Cast Away (2000)

    At the edge of the world, Tom Hanks journey begins

    The movie was outstanding the whole time. I felt awestruck on how difficult it can be to survive on earth without anyone around. At the same time it also draws us attention on how strong are human beings, they can adapt and make living out of anything.

    I say that every element of the film was perfect. The Wilson part was good – a partner is what we need all the time, it doesn’t matter whether its living or non living!

    Where do you start, When you have to start over ?



    Should parents be on Facebook?

    Stage 1
    ‘Oh, how cool. My parents are getting net-savvy!’ This stage lasts for 30 seconds.

    Stage 2
    ‘Aaaarghh!! They can see everything – my photos, my friends, my profile pictures, what my friends have said about my pictures, my wall!’

    Stage 3
    Deep breathing. ‘It’s okay. I won’t accept the request.’

    Stage 4
    Later that evening: ‘Beta you didn’t accept my friend request? I sent it to you this morning, will you please accept, abhi?’

    Stage 5
    For the first time in your life, you take an in-depth look at Facebook’s privacy settings. You realize that it’s very, very inscrutable. Two days later, your girlfriend posts the pictures of you and her at the party you went for last week.

    Stage 6
    Mom posts a comment on the picture/your wall, asking if this is how she behaves in public. Your friends shriek with laughter and you hide under the bed for a week. When you come out, you find your girlfriend has dumped you and will never face you, your parents, or any other friends in that party again.

    Stage 7
    You spend three days scanning every photo you put up, comment you made, note you posted, and quiz you took, deleting, deleting, deleting.

    Stage 8
    Mom discovers quizzes! The world finds out that she has a 98 per cent dirty mind; she is Surma Bhopali from Sholay; sings ‘Who let the dogs out’ in the bathroom; and her stripper name is Hot Chocolate.
    You don’t log in for a month.

    Stage 9
    You finally log in again, and find that her entire friend circle – including your aunts and your dad – has joined the social networking site. They have been, via your cousins, going through your profile with a fine toothcomb. There are 17 friend requests pending.

    Stage 10
    Dad becomes a fan of Megan Fox. It’s followed by intensely aggressive reaction from mom. Aunts support her. Friends start taking screenshots of the discussion and forwarding it around among each other. You throw your computer out of the window.

    On the serious side Should parents be on Facebook? The immediate reaction is negative, because we’ve got used to a certain level of privacy and freedom out here, and we’d rather not have someone looking over our shoulder disapprovingly.

    But are you doing something that you’d be ashamed to share with your parents? If yes, why are you doing it at all? It may take some getting used to, but in the long run, it can be an opportunity to bond with your parents in a way that you had never thought of before.

    Remember, they did figure it out on their own – doesn’t that deserve some respect? And won’t it be a lot more fun if you can help them through this, without embarrassing them or you? And once you know they’re around, thinking – even for 5 seconds – before posting is not such a bad habit. It can save you from making the blooper of a lifetime.

    Salesforce : Access Apex Webservices from Java/NET

    Many a times we define Apex Webservices inside Salesforce to perform operations on Salesforce data from external world. Anyhow always we are left on how to access these custom defined web services from a WSDL consumer (JAVA/ NET / …)

    If we start consuming Parner WSDL only, then we do not get the apex webservice defintions.  Partner WSDL doesn’t contain your custom defined webservice definitions. You’ll also have to cosume Apex Webservice WSDL to call your webservice.

    So this involves following 2 steps …

    1. Step1 : Consume Partner WSDL  and then perform Login call to SFDC
    2. binding1 = (SoapBindingStub) new SforceServiceLocator().getSoap();
      loginResult = binding1.login(“username”,”PwdToken”);
      SessionHeader sh = new SessionHeader();
      sh.setSessionId(loginResult.getSessionId());

    3. Step2 : Consume Apex Webservice WSDL and Set above fetched SessionId as the sessionHeader on the Apex Webservice WSDL stub and then call the required methods.
    4. binding2 = (checkForLeadNumberBindingStub) new checkForLeadNumberServiceLocator().getcheckForLeadNumber();
      binding2.setHeader(new checkForLeadNumberServiceLocator().getServiceName().getNamespaceURI(), “SessionHeader”, sh);
      binding2.extractLeadId(“123456″,”123456″);

    Apex : How to throw a custom built Exception

    If you want to throw an exception in an apex class, following code will help ..

    First you have to create your own Exception class like this:

    public class applicationException extends Exception {}

    Then you can throw an exception using following syntax

    throw new applicationException(‘House Full’);

    For e.g.,

    public class MyException extends Exception {}
    try {
    Integer i;
    // Your code here
    if (i < 5) throw new MyException();
    } catch (MyException e) {
    // Your MyException handling code here
    }