Lallmatie.com Blog » high http://lallmatie.com/blog Not rants, these are things that must be told! Wed, 01 Sep 2010 15:25:01 +0000 en hourly 1 http://wordpress.org/?v=abc Gold Remains One of the Safest High Yield Investments – Mauritius Dodo Coins http://lallmatie.com/blog/2010/07/23/gold-remains-one-of-the-safest-high-yield-investments-mauritius-dodo-coins/ http://lallmatie.com/blog/2010/07/23/gold-remains-one-of-the-safest-high-yield-investments-mauritius-dodo-coins/#comments Thu, 22 Jul 2010 20:39:16 +0000 bhoot http://lallmatie.com/blog/?p=250 Dodo Rs 250 photo from TaxFreeGold.co.ukMauritians have access to investing in gold since over 20 years with the introduction of The Dodo coin in Rs 100, Rs 250, Rs 500 and Rs 1000 face values. It must have been in 1990′s, while a kid reading MCB Rupys magazine that I came to learn about it. The Dodo coins were a symbol of patriotism. A few years later, their prices has grown from Rs 1000 to Rs 8000… It came to my mind that hmm, gold prices have increased… Little did I guess that they’d keep on increasing. The Dodo gold coin prices grew an amazing 25%+ per annum* compound over the last five years! Or 14.5%  p.a. for the last 10 years.That might not exactly sound high yield to you, if you are a pro investor getting over 50% p.a. but it’s consistent. I read earlier that Gold prices rise about 20% p.a. while real estate gets 15% p.a. in USA (pre-crisis).

*Get the latest and past prices of The Dodo gold coin from the Bank of Mauritius website: http://bom.intnet.mu

Rs 100 face value – 3.41g of gold - Rs 5155 to Rs 1000 face value (34.05g) at Rs 49,120.

BTW, the BOM site is really BOM!

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]]> http://lallmatie.com/blog/2010/07/23/gold-remains-one-of-the-safest-high-yield-investments-mauritius-dodo-coins/feed/ 2 University of Mauritius Lazy Administration and Rules http://lallmatie.com/blog/2009/08/16/university-of-mauritius-lazy-administration-and-rules/ http://lallmatie.com/blog/2009/08/16/university-of-mauritius-lazy-administration-and-rules/#comments Sun, 16 Aug 2009 03:41:04 +0000 bhoot http://lallmatie.com/blog/?p=78 Related posts from other bloggers:

http://www.islandcrisis.net/2009/07/university-of-mauritius-uom-becomes-a-money-making-institution/

http://lovvy.wordpress.com/2009/07/31/universities-are-doing-business/

I have am going back to UOM this semester like many others for my MSc… and I have to say that the rules still suck as they did many years ago… Come on 80% attendance for postgraduate courses? Is it a joke… Many will not be able to make it to the lectures (not easy to get releases)… And their timetables… No communication from the administration prior to their when exactly the course if going to start… I mean, not even an email (do they even know how to email)…

The admin’s biggest fault is that they don’t understand your point. They couldn’t care less that you have to take loans to pay the nearly 80K per year for an MSc or 100K for MBA… They want instant payment even if they give you only 1 day to make arrangements for it… They of all people should know about these things… Blame the Mauritius Post for the delay if you want (that’s another debate), but they still could have emailed you instantly, afterall, you can put your email in the application…

I have to say that the lecturers have improved. They want to change the university for better, fairer principles but are getting stopped somewhere… I’m not saying that there are no lazy lecturers, they’re still here! But it’s good that most are not. I’m quite pleased with the interest that most lecturers put in their lectures and their preparations.

UOM has also has a SLOW and ARCHAIC website (actually a shame for such a university, if you compare to Europe, yes we should compare to Europe cause many of their professional grade websites are designed in Mauritius!) .

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