Monday, February 27, 2017


Economic Times
Business Standard

Ø  'Airtel rolls out 2 aggressive plans to take on Jio prime'
Ø  Daiichi moves to block Fortis stake sale again
Ø  Nine bank unions to go on strike on Tuesday
Ø  Biyani sees no future in speciality retail formats
Ø  More layoffs likely as manufacturing sales shrink
Ø  JSW group to foray into aviation business
Ø  Sebi, RBI discuss monitoring foreign investors in real time
Ø  Govt mulls permitting sale of non-food items under FDI policy
Ø  Idea-Vodafone deal to be revealed with Grasim-Nuvo voting
Ø  Bitcoin firms form self-regulatory body for transparent growth
Ø  Buzz on HPC becoming part of ONGC
Ø  Lenders get majority stake in GMR's Chhattisgarh unit

Business Line

Ø  Airtel announces free national roaming from April 1
Ø  India is among the most open economies, says Jaitley
Ø  KKR leads the race for stake-buy in Bharti Infratel, says Sunil Mittal
Ø  Rich Indians taking EB-5 visa route as US shuts down H-1B
Ø  Zydus arm gets USFDA nod to sell anti-viral drug
Ø  Lupin arm in pact to distribute anti-depressant drug in Japan
Ø  NSE algo trading: Sebi begins audit of 15 brokers over unfair access
Ø  LIC's total premium income grows 12.43% in nine months of FY17
Ø  Coal India units agree to buy back shares, but ratchet up valuations
Ø  RIL market cap crosses Rs4 trillion
Ø  Agricultural income outside India will be taxable in India

Financial Express
Financial Chronicle

Ø  Tata Sons, Docomo to settle $1.17 bln legal dispute, reports Nikkei
Ø  IMF says sanctions on Iran dampening economic sentiment
Ø  Providence to sell 3.33% holding in Idea Cellular
Ø  Telenor India buy won't affect Airtel's financial position: S&P
Ø  Odisha govt to issue notice to IOC for payment of dues
Ø  Worked hard on cleansing of market, UK Sinha
Ø  Govt to employ third party to study arsenic content in rice
Ø  ‘Mergers would be the least desirable option’
Ø  LIC: Bumper equity crop, but bad loans rising too
Ø  E-comm crisis unfolds: Vendors fear payment delay

people don't realise what they lose when theymake FD..

past performance is no guarantee of future performance..

the difference between reality and hope...

what is the objective...

who has advised you...

how would your game plan...

Not for me...

Friday, February 24, 2017

N R Investments Knowledge Bites

Don’t Kill The Parrot..

Don’t Kill The Parrot

The story is told of a woman who bought a parrot to keep her company, but she went to return it the next day.
“This bird doesn’t talk,”she told the owner.
”Does he have a mirror in his cage?” he asked. “Parrots love mirrors. They see their reflection and start a conversation.”
The woman bought a mirror and left. The next day she returned; the bird still wasn’t talking.
“How about a ladder? Parrots love ladders. The happy parrot is a talkative parrot.”*
The woman bought a ladder and left. But the next day, she was back.
“Does your parrot have a swing? No? Well, that’s the problem. Once he starts swinging, he’ll talk up a storm.”
The woman reluctantly bought a swing and left. When she walked into the store the next day, her face had changed.
“The parrot died,” she said.
The pet store owner was shocked.
“I’m so sorry. Tell me, did he ever say anything?”he asked.
“Yes, right before it died,” the woman replied.
“In a weak voice, it asked me, ‘Don’t they sell any food at that pet store?’”
This is exactly the story of investing.
We study market outlook, we study macroeconomic parameters like fiscal deficit, GDP growth, crude oil prices, international markets, monetary policy, FOMC meeting expectation, Chinese economy,IIP figures, inflation figures, unemployment rates etc etc etc but we forget the MOST IMPORTANT INGREDIENT in our attempt to predict the future;
And that is “Time”
Take a moment to do a “priority check”, and give your investment what it needs the most “time”.
Don’t wait for the parrot to die; I mean your investment to die!!!!!!

Thursday, February 23, 2017

Happy Maha Shivratri..

Krishna & the Monster By Dharmendra Sir...

Krishna & the Monster

Once on a full moon day, Krishna and Balarama were walking in the forest, it was late and they decided to rest in the forest for the night. It was a dangerous forest, so Krishna suggested “Baladeva, you keep watch until midnight while I sleep, and  I will be on watch from midnight till morning.” They both agreed and Krishna went to sleep.
A few hours passed, Krishna was sleeping sound. Balarama heard a growl at a distance, it was a terrifying sound. He walked a little further towards the sound. Now he could see a gigantic monster approaching him. The monster growled again, Balarama was very afraid, he trembled in fear.
Every time he trembled, the monster grew double in size. The monster grew bigger and bigger as it approached Balarama. Now the monster was standing very close to Balarama, it growled again. Terrified by the sound, size and terrible smell of the monster Balarama screamed “Krishna! Krishna!” and collapsed and fell unconscious.
Woken up by the call, Krishna followed the sound and found Balarama sleeping, Krishna thought, ‘It must be my turn now’ and started walking too and fro. Slowly Krishna recognized the monster standing nearby.
The monster growled at Krishna. “What do you want?” Krishna asked unafraid. The size of the monster decreased, it shrunk to half its size. “What are you doing here?” Krishna asked again and the monster shrunk again. Krishna kept questioning it expecting a reply, the monster kept shrinking every time he asked.
Now the monster was just 2 inches tall, and looked cute and adorable. Krishna took it in his hand and placed it in his waist pocket. The night passed and Balarama woke in the morning.
Balarama saw Krishna and joyously shouted “Krishna! Krishna!“.
Krishna! you don’t know what a terrible thing happened while you were asleep. There was huge monster trying to kill us both. I don’t know how we survived, the last thing I remember is that I fainted.” Balarama said trying to recall yesterday night’s events.
Krishna took out the little monster out of his pocket and said, “Is this the same monster?
Yes, but it was so big! how did it shrink?” asked Balarama.
Every time I questioned it, it shrunk in size, finally it became this.
Balarama told Krishna how the monster grew yesterday every time he was scared of it.
Isn’t this the same story, in equity investing????
An ignorant investor gets his education from media which compare a stock market correction to “blood bath”. No wonder the stock market for such an investor is akin to a monster whom he dreads.
The only way to face this monster is through education; something which every Financial Advisor must be equipped to provide.
Once educated and knowledgable, the stock market which appeared like a ferocious monster would simply shrink  just like the monster in the above story
Thus education is a pre-cursor to market growth. The opportunity is there to be grabbed. The investor who loves the economy and believes in its future potential needs to know that the stock market who he is so pertrified of is nothing but the reflection of the economy.

Hey!!! Don't redeem...

Sustain your SIP in all market conditions...

Cost of raising a child, invest early to ensure you can cope...

Wednesday, February 22, 2017

May be my client is sleeping but i stay awake...


Economic Times

Business Standard

Ø  Softbank looks to pick up stake in the Vodafone-Idea combine

Ø  Fed Reserve's minutes point to rate hike 'fairly soon'

Ø  Urjit Patel sees a better Q4 on faster remonetisation

Ø  RIL’s Rs 39K cr gain in m-cap was worth the big ‘Idea’

Ø  FinMin to finalise Rs 8,000-cr cap infusion in 15 days

Ø  Note ban's negative impact on India is reversing: S&P

Ø  Rationality returning to telecom sector: Fitch

Ø  GST adoption could raise India's GDP to over 8%: IMF

Ø  Freebies by Jio hit govt's licence fees, spectrum charges: Telecom Comm

Ø  Sebi issues consultation paper to review stock exchanges norms

Ø  RBI rate panel unanimously agree to focus on 4% inflation target

Ø  Taxman to scrutinise loan deposits under Operation Clean Money

Ø  Finmin questions Sebi on NSE co-location audit

Ø  India's $85-bn orders still not enough: SpiceJet

Business Line


Ø  ‘India comfortable with crude prices up to $65/barrel’

Ø  RJio’s tariff targets incumbent operators’ top-end users

Ø  Cabinet approves doubling of solar power capacity to 40,000 MW

Ø  NPPA warns stent makers, importers against shortage

Ø  TCS to remain net cash positive despite Rs16K cr buyback: S&P

Ø  Bharat Electronics’ offer-for-sale subscribed 2.34 times by institutional buyers

Ø  India needs to create a bad bank quickly: Arvind Subramanian

Ø  NSE, BSE seek clarification from Infosys on anonymous emails over Panaya deal

Ø  SBI says examining all currency notes at ATMs after fake Rs 2000 notes report

Financial Express

Financial Chronicle

Ø  PM Narendra Modi calls for accountability, efficiency to improve telecom services

Ø  UK created maximum jobs in India via FDI: Report

Ø  Sensex ends 103 points higher on derivatives expiry, RIL rally

Ø  Realtors express concern on Supreme Court ruling on consumers vs builders disputes

Ø  I-T to go easy on up to Rs 5 lakh deposits by 70-plus people

Ø  HDFC Bank FPI trade:RBI,Sebi to tighten norms on trigger point

Ø  EU says open to accommodate more Indian skilled professionals

Ø  No plans to introduce Rs 1,000 notes: Das

Sunday, February 19, 2017

Remember this advice...


🔹Business Standard

Ø  China's oil giant CNPC signs $1.77 billion Abu Dhabi deal
Ø  MF industry bets big on SIP to hit Rs 20-trillion AUM mark
Ø  All might not be well for Dalal Street post Q3; nine lucky stocks to bet on
Ø  Government mandates launch of CPSE IPOs within 22 weeks of concerned ministry's nod
Ø  Havells to buy Lloyd Consumer for Rs 1,600 cr
Ø  Chandra walks into Tata corner room on Tuesday
Ø  Don't settle all trades in HDFC Bank, RBI tells custodians
Ø  65% of IT employees not retrainable: Capgemini India chief
Ø  China suspends all coal imports from North Korea

Business Line

Ø  PE investments decline to $652 mn in Jan: Thornton
Ø  Gold imports shrink 32.7% in April-Jan
Ø  Hero MotoCorp: Geared for a comeback
Ø  Wind power installations may cross 5,000 MW this year
Ø  Ratan Tata’s investment in start-ups rises 30 per cent in fiscal 2016
Ø  HSBC, UBS stop issuing P-Notes as India steps up clampdown
Ø  DLF to invest Rs3,500 crore in 2017 to complete running projects
Ø  Paytm to invest Rs600 crore over 10 months to expand QR code payment system

Financial Express
Financial Chronicle

Ø  Railway Minister Suresh Prabhu signs deal for India to commit $340 mn soft loans to Nepal for infra projects
Ø  Top seven companies add Rs 48,519 crore in market capitalisation
Ø  SpaceX launches rocket from NASA pad in Florida, completes relanding
Ø  Despite fall, GDP will bounce back sharply: RBI Governor
Ø  AAI deprived Rs 2,397 cr by DIAL firms, says CAG
Ø  Alibaba, Rakuten look to tap Indian e-commerce mart
Ø  Patanjali wins tax exemption claims

Monday, February 13, 2017


Economic Times
Business Standard

Ø  GIC leads race to buy 40% in DLF arm for Rs 12,000 cr
Ø  L&T, MBDA partner to develop missiles in India
Ø  Govt focus on clean economy, bold decisions: Jaitley
Ø  Inflation cools to five-year low of 3.17% in Jan
Ø  China launches anti-dumping probe against India
Ø  I-T department refunded Rs 1.42 lakh cr so far this fiscal
Ø  $11.5 billion NRI investment coming into realty
Ø  Govt allocates Rs 500 cr to India Post Payments Bank
Ø  Niti Aayog prepares model law for contract farmers
Ø  Infosys board admits 'cultural differences' with founders
Ø  GVK pips GMR to win Navi Mumbai airport bid
Ø  HPCL Q3 net up 53% at Rs 1,590 cr
Ø  Mukesh Ambani's gas pipeline company's net worth erodes by Rs 7,966 crore
Ø  UP sugar mills clear 75% dues for this season
Ø  NBCC might buy four smaller PSUs from government

Business Line

Ø  GDP growth may slowdown to 5.7% in Jan-March: Nomura
Ø  Note ban has hit collections of auto backed securities: Moody’s
Ø  India not impacted by protectionism talk, global slowdown: Jaitley
Ø  ‘Impact analysis a must before advisory norm amendment’
Ø  Hindalco logs ₹321-cr profit in Q3 on better realisation
Ø  India’s oil demand plunges most in 13 years amid Modi’s demonetisation drive
Ø  Pace of decline in banks’ asset quality slows in December quarter
Ø  L&T forms JV with France’s MBDA for development of missile systems
Ø  Cairn India to invest $1 billion in five projects to ramp up production

Financial Express
Financial Chronicle

Ø  Solar power prices hit historic low, cheaper than fossil fuel for the first time
Ø  US Stocks: S&P tops $20 trillion as "Trump trade" roars back to life
Ø  High oil prices over OPEC supply cut: Prices may come down as shale drilling booms in US
Ø  NCLT begins hearing on maintainability of Mistry firms' pleas
Ø  CSR must focus on outcomes not outlays
Ø  India Inc's FDI overseas down 57% to $1.82 bn
Ø  Maha govt carrying out integration of agri data

Happy Valentine Day...

Saturday, February 11, 2017

Market Spinner...

The great Indian leg spinner Chandrashekhar used to say that he himself didn’t know what kind of a delivery he would be bowling until his arm had gone up to actually bowl the ball.
So there was no way for the batsman to guess what ball was coming at him.
Perhaps, that is why Chandrashekhar was so successful.
Likewise even the stock market does not know what it will deliver tomorrow and what the day after.
Nobody knows what opportunities will be thrown up tomorrow and what would disappear a day later.
This makes the market interesting and a great place for wealth creation in the long term future.
Like B S Chandrasekhar the Market too is a legend in its own way.

Equity Mutual Fund Flows Dip

Equity Mutual Fund Flows Dip

Equity Mutual Fund Flows dip to 4-month low in January. Tax-Saving Equity-Linked Savings Schemes saw month-on-month Rise in Inflows at Rs. 1,166 Crores…

 Investor flows into equity mutual funds, minus withdrawals, fell to a four-month low at Rs. 4,880 Crores in January despite stock rally. Total inflows remained strong at Rs. 17,600 Crores, but redemptions or withdrawals of Rs. 12,720 Crores brought down the figure to Rs. 4,880 Crores.
If not for money coming through systematic investment plans (SIPs), the figure would have been even lower, players said.
“Redemptions in January were quite high compared to previous months. High net worth and seasoned investors booked profits just before the Budget as were rising. have been a saving grace,” said sales head of fund house.
On an overall basis, the mutual fund industry saw healthy net inflows of Rs. 53,817 Crores across categories. Money market and income schemes saw inflows of Rs. 39,000 Crores.
Tax-saving equity-linked savings schemes (ELSSes) saw month-on-month rise in inflows at Rs. 1,166 Crores.
Anjaneya Gautam, national head (mutual funds) at Bajaj Capital, says, “ELSS sales are at their peak in January to March.”
alone are contributing Rs. 4,000 Crores per month, which translates into nearly half a lakh crore per annum,” says A Balasubramanian, chief executive of Birla Sun Life Mutual Fund.
Meanwhile, the mutual fund industry’s assets under management (AUM) have grown by 41 per cent so far this financial year. Total AUM passed Rs. 17 Lacs in January.

Which is the best Mutual Fund – Aditya’s Finology

Aditya’s Finology!!!
Which is the best Mutual Fund?
This is one question I have faced umpteen times since I began my practice as an advisor. However, this is an extremely dangerous question as what is elixir for one could be poisonous for another. Mutual fund universe is gigantic with various categories, subcategories etc.
Each mutual fund scheme
– has a specific objective.
– has different risk return metrics.
– has different liquidity.
– has different taxation and exit load structure.
– Is suitable to meet different needs.
As it is clear from the above list, selection of mutual fund scheme depends on financial profile of the Investor in terms of risk appetite, the objective, time horizon, tax considerations etc. For e.g. mid and small cap funds may produce excellent returns over 10-15 years but they are extremely volatile. Therefore some investors may prefer relative stability of large cap or balance funds with less returns. For retirees equity funds may not be suitable as they need regular income.
Just like hotel menu offers numerous options and everyone choose as per their requirement, investment needs to be done by opting need based products. Therefore there is no formula as such to identify the best Mutual Fund.
Which is the best Mutual Fund is like asking the doctor which is the best selling or top curing medicine? The result may be fatal and therefore we let the doctor diagnose and advise the most suitable medicine. Hence it will be great if you can shift your focus from what is best to what is right Mutual Fund in alignment with what you need.
Remember, there are 10000 Mutual Fund Schemes out there. 9990 may be useless to you. You have to wisely choose at max 4-5 schemes for your needs out of remaining 10.
Aditya Karnik.

Selling without selling

Selling without selling

According to Daniel Goldman, “Superlative customer service entails being a trusted advisor. This stance can mean occasionally taking a position that runs against the immediate interests of one’s own organization but is the correct action for the client. This kind of trust-based relationship will only grow over time.
At the ultimate level of service, one acts as the client’s advocate. This can lead to benefits in the long run—for example, advising a client not to overex-tend credit on purchases may mean fewer sales in the short term, but it ensures that the account will stay viable into the future.
It might even mean on occasion suggesting a competitor’s product, which may lose an immediate sale but cement a long-term relationship.
This is easier said than done because we have become so sales oriented. How many of us will let go an immediate sales opportunity?
Remember, the customer does not like to sold but loves to buy. Hence by rendering unusual advice we may actually build an unusual lifetime bond with the customer.

Get Clarity

Get Clarity

Is alcohol a stimulant or a depressant?
If you visit almost any bar and grill on a Friday night after work, you’d swear that alcohol was a stimulant. The noise and laughter are strong evidence of alcohol’s stimulating effects.
Yet at 4:00 in the morning, when you see a few happy-hour customers sleeping it off in the streets, you’d swear that alcohol is a depressant.
Chemically, alcohol is a strong depressant. But in the short term, by depressing a person’s inhibitions, alcohol acts like a stimulant.
Likewise, Fixed Deposits too appear like a stimulant in the short term because they seem sensible, logical, safe and sober.
However, like ‘alcohol’ which gradually turned into a depressant, Fixed Deposits too turns into a depressant over the long term when you realise that the money is just not enough to make ends meet during the retirement phase of life.
Therefore equity investing becomes crucial for long term goals and a comfortable retirement.
However, due to its volatile nature, equity investing may cause initial jitters making us feel weak in the knees but over the long term equity investing builds our stamina to help us run our life’s marathon.
Needless to say equity investing provides a cushioned retirement.

If your investments are LOCKED, you need not worry about MARKET VOLATILITY...

If your investments are LOCKED, you need not worry about MARKET VOLATILITY...

If you have meaningful goals, you'll win the investments race....

Friday, February 10, 2017

6 Financial Lessons to Master by the Time You’re 30

6 Financial Lessons to Master by the Time You’re 30

At 30, you feel charged. You feel young and invincible. The truth, however, is that you are already half way to your retirement. It is now time to put aside money habits of your twenties, and adopt, master and utilise some useful, good financial habits. We have elucidated upon some of these below. 

Stick to a Budget. Actually. 

Life is fun in our 20s; and this is that time in life when we splurge our money and treat ourselves for a good, young and happy life. At times, we do create budgets to stick to, but rarely end up respecting these. Yes, once we reach our 30s, it is time to jettison our habits of the 20s, and start creating a budget for yourselves. This implies, that if you spend Rs. 2000/- a week at Café Coffee Day, then you might at times have to limit yourself to 2 coffees a month out there, to cut yourself off from overstepping your budget. Can you do it? Well, you must, if you are to create a prudent growth path and a respectable retirement corpus for yourself.
Budgeting is of vital importance. Other that inculcating financial discipline in you, it also tells you where your money goes; and it is very important to know where each Rupee goes. It is fun to splurge. But it is better to spend within a budget, ensuring that you do not deviate from your saving goals. Spend, but with circumspection. Identify your spending habits. In doing so, you will also discover your spending habit and where you can streamline and cut your expenses, and how you can save and grow more money in growth funds and retirements funds for the future.

Never Spend your Whole Paycheck.

The world’s richest individuals attained their wealth not by chance, but by adhering to sound financial habits as well as planning. To earn money wisely is easy. But to spend it foolishly negates all good decisions taken at work. The truth is that most self-made millionaires spend their income modestly, and live modest and well-crafted lives. The majority of self-made millionaires live or have lived in average priced housing estates and colonies, and have more often than not purchased second-hand cars for their use. When you walk around certain Indian cities and find people wearing flashy clothes and driving expensive cars, it is quite possible that these individuals are actually deep in financial trouble – drowning in debt; their income cannot fund their pricey and showy lifestyles.
Start your journey into financial intelligence by spending 90% of your income, but saving 10% of it, come hell or high-water. Having this sum deducted automatically from your paycheck and straight into a SIP ensures that you won’t miss this account. Conversely, immediately upon depositing your paycheck, transfer the 10% into your SIP. Gradually increase this amount while decreasing the amount you spend. Ideally, learn to live off 60-80% of your earnings and saving and investing the remaining 20-40%.
Lastly, read “The Millionaire Next Door” written by Thomas J. Stanley. Also, you may also refer to “Stop keeping up with the Jonses – They’re Broke”.

Get Real about Your Financial Goals.

What are your financial goals? Has the thought ever struck you? Have you thought of where you realistically wish to be financially – today, tomorrow, or 30 years hence? Unless you orient yourself towards plausible goals, you will never achieve these. Therefore, first formulate a goal in your mind and then write it down. Then, go about figuring out how you would reach your goal. For example, if you wish to vacation to Bali, then you should convert your wish into roadmap; or a game-plan. Calculate the cost of your vacation and then figure out how much you’d need to save per month to make accrue that amount. You will discover that your vacation would easily take shape if you plan well, and save diligently as per plan. The same thing is true for future financial goals which are larger – for example, buying a home or your retirement planning.
There is good literature available upon the subject of Financial Goal Setting. These would be available in any large bookstore in your city. Or you can brows the net for an article called “Save $30,000 for a Home Down Payment in 5 Months”.

Determine your Debt Situation

Many people, in their 30s, become complacent about their debt situation. For those with Student Loan Debt, Mortgages, Credit Card Debt, Auto Loan, repayment of debt is a part of life. One might even view debt as being “normal”. However, it is important to note that you do not need to live your whole life by paying off your debt. To achieve this, assess your debt and create a budget; for budgeting helps you avoid new debts. There are in fact many ways to pay off debt; but the “snowball effect” is popular for keeping individuals motivated. Tabulate all your debts, from the largest to the smallest, regardless of interest, and proceed to pay the smallest amount for all your debts, except for the smallest one. To resolve the smallest debt, deposit in as much money as you can into it every month. The goal herein is to get the smallest debt out of the way in the fastest possible time and then move on to the next debt on your list. Paying off your debts will have a significant and positive effect upon all your finances. You will find that you have , all of a sudden, more breathing room in your budget; and consequently, you will have more money available for savings and your other financial goals. You may refer to an article called “10 Simple Steps to Financial Security Before 30”.

Institute a Strong Contingency Fund

An Emergency Fund is of great importance to the health of your finances. If you don’t have a contingency fund, you will be more likely to dip into savings or rely on Credit Cards (thus incurring more debt) to help you pay for unplanned situations such as sudden health expenses, home or vehicle repairs, etc. The first step in building a Contingency Fund with a minimum amount of Rs. 30,000. Go on to building then fund through the year by depositing Rs, 2500 in it every month, till you have your Emergency Fund at the end of the year. However, once you’ve attained your goal, don’t stop. The next and bigger goal is to establish 3-6 months of living expenses. Doing this will take time, patience and perseverance, but this will protect you from future unforeseen situations such as a health crisis or a loss of job.
You might with to read up on “Emergency Funds That Are Right for Your Tax Bracket”.

Never Lose Sight of Retirement

Most people enter their 30s without a single Rupee contributed or planned out for their retirement. Or they are in a situation wherein they have made very sketchy efforts to the same. Now, if you want, say, a Rs. 6 Crore Retirement Corpus, you have to start your process of savings NOW. Stop waiting for a better situation, such as a promotion or a salary raise. When in your 30s, you still have time on your side; so don’t waste it. Make sure that you keep benefiting from your company’s matching contribution; in fact many companies will match your contributions up to a certain percentage. As long as you stay with your company to be vested, you may be rest assured that this percentage is basically free money for  your retirement.

The Bottom Line

When one has bad financial habits in the 20s, people chalk it up to young age. You will not continue garnering sympathy for allegedly poor money management skills once you enter your 30s. Remember, Financial Lessons you learn now will be of immense benefit to you for the rest of your life.
Author: Anamitra Dasgupta for NextLevel-EDUCATION

Black Dot..

Black Dot

This story has a simple , yet important message. Sometimes its the simplist stories that make us ponder the most…
One day a professor entered his classroom,and asked his students to prepare for a surprise test. They all waited anxiously at their desk for the exam to begin.
The professor handed out the exams with the text facing down, as usual. Once he had handed them all out, he asked the class to turn over the papers
To everyones surprise, there were no questions- just a black dot in the center of the sheet of paper.
The professor seeing the expression on everyones faces, told them the following: “I want you to write about what you see there” the students, confussed, got started on the inexplicable task.
At the end of the class, the professor took all the papers, and started reading each one of them out loud, infront of all the students. All of them with no exception,defined the black dot, trying to explain its position in the center of the sheet.
After all had been read, the classroom silent, the professor started to explain:
“Im not going to grade you onthis, i just wanted to give you something to think about. no one wrote about the whitepart of the paper. everyonefocused on the black dot – and the same happens in our lives.
We have a white piece of paper to observe and enjoy,but we always focus on the dark spots.
In personal finance, we experience the ‘dark spot phenomenon’ all the time. We love statistics and look at periods (let’s say a specific 5 years period) when SIP in a fund or the index had produced a negative or zero returns. We use such specific data to bolster a general argument against investing in equity markets.
This to me is a dark spot phenomena. Instead of looking at every other period where the investor had made good returns; much like the large expanse of white paper, we look at that one period when returns failed to show up; the lone dark spot. One episode catches our attention but the majority occurrences continue to elude us.
So in future while arguing on personal finance please ensure that you’re not looking at the dark spot.


Don't break your relationship with Mr. Market...

The advisor had given good advice...

Naver Underestimate those who appear to be little...

Thursday, February 9, 2017

Don't Redeemed your investments @ wrong time...


Economic Times
Business Standard

Ø  India hands over Mallya extradition request to Britain
Ø  FRBM panel recommends establishing a fiscal council
Ø  Murthy speaks out, says corporate governance fallen at Infosys
Ø  Sebi ready for change in start-up listing norms
Ø  Tata Steel agrees to sell speciality steel business
Ø  Sundaram-Clayton unveils plan; announces US factory
Ø  NSE pulls plug on power exchange ahead of IPO
Ø  Govt may allow state pension fund EPFO to buy more stocks
Ø  Flipkart, Amazon, Snapdeal flag concerns over tax laws in GST
Ø  SAIL Q3 net loss narrows to Rs 795 cr
Ø  Infosys takes founders' concerns on board
Ø  Cairn India Q3 net profit soars multi-fold to Rs 604 cr
Ø  SBI associate banks narrow losses to Rs 787 cr in Q3

Business Line

Ø  RBI to be on hold unless inflation, growth undershoot targets
Ø  Note ban will benefit economic growth through more formalisation: Jaitley
Ø  World trade growth likely at 1.7% in 2016: Azevedo
Ø  No decision yet on imposing tax on cash transactions: Das
Ø  Welspun India, Cotton Egypt Asso forge marketing tie-up
Ø  Kumar Mangalam Birla may head telco created by Vodafone-Idea merger
Ø  Vishal Sikka tells Infosys workers not to be distracted by ‘gossip’
Ø  Indian Hotels to exit Vivanta and Gateway brands, bring hotels under Taj fold
Ø  Italy’s UniCredit bank posts massive $14.5 billion loss
Ø  AirAsia India hasn’t violated foreign control rules: DGCA

Financial Express
Financial Chronicle

Ø  IMF sees no evidence that world economies are headed for currency wars
Ø  PropTiger sacks 200 to integrate ops, post merger
Ø  Boost to Reliance Jio free offer; TRAI may free up call tariffs from interconnect charge
Ø  No restriction on migration to Gulf countries, clears Govt
Ø  Bill soon on bankruptcy issues in financial sector
Ø  300 mining leases to be put on auction in FY'18: Govt
Ø  Land, real estate should be brought under GST: Sisodia
Ø  PSU general insurers raise group health premium rates by 40-50%
Ø  Damani’s D-Mart to hit market with Rs 1,870 cr IPO

Invest in equity and take opportunities for create wealth...

Equity Market is like enjoy roller coaster ride....

Equity Market is like enjoy roller coaster ride....

Is your money sleep into saving or current account ??? Park it into Liquid fund and earn more..

Wednesday, February 8, 2017

if every thing was about money....


Economic Times
Business Standard

Ø  Highlights: RBI keeps repo rate unchanged at 6.25%
Ø  Infy-nite trouble at IT Bellwether Infosys
Ø  Scope for lending rates to fall further: Urjit Patel
Ø  CCI clears Reliance Infra-Adani transmission deal
Ø  India ranks 43rd out of 45 nations in IP environment
Ø  Postal dept revenue deficit widened to Rs 8,670 cr
Ø  7.6 lakh citizens receive Rs 117 cr for paying digitally
Ø  RBI to lift all cash withdrawal limits from March 13
Ø  Softbank writes off $475 million in Ola, Snapdeal
Ø  Cognizant to return $3.4 bn to shareholders over 2 years
Ø  Indian airports face capacity crunch as aviation market booms
Ø  Wheat imports rise to a decade high of over 5 mn tonnes
Ø  Cipla's Q3 net profit jumps by 44% to Rs 375 cr
Ø  United Breweries asks Mallya to step down from board

Business Line

Ø  Foreign direct investment jumps 60% to $4.68 bn in Nov
Ø  RBI to set up panel on strengthening cyber security
Ø  NSE selects IDFC’s Vikram Limaye as its new CEO
Ø  Birla Corp Q3 net down 85%
Ø  Bharat Forge Q3 profit drops 21% to Rs 129 cr
Ø  Petrol prices lower now than in 2013-14: Govt
Ø  Reliance Defence seeks board’s approval for a refinancing scheme
Ø  Data analytics to help income tax dept catch evaders
Ø  MobiKwik in talks to raise funds at $1 billion valuation: CEO
Ø  KKR hedge fund unit to merge with Pacific Alternative AMC
Ø  Coffee Day Enterprises Q3 net profit jumps 146% to Rs12.34 crore

Financial Express
Financial Chronicle

Ø  Fund raising via preferential allotment down 36% at Rs 27Kcr
Ø  Knitwear exporters dejected over RBI decision on repo rate
Ø  NITI Aayog to rank states on digital metrics: Government
Ø  United Breweries asks Vijay Mallya to step down as non-executive chairman of board
Ø  One of world's largest digital literacy programmes in world, ‘PMGDISHA’ cleared by Cabinet
Ø  High oil prices, volatile exchange rate risk to inflation: RBI
Ø  3.2% fiscal deficit target realistic; revenues to improve: Das
Ø  Over 100 start-ups urge Trump against H-1B executive order
Ø  Small engineering companies could be merged with EIL
Ø  Gold futures volume nosedives 71%: WGC

RBI Policy Updates.

RBI Policy Updates:

Reverse repo unchanged at 5.75%.
Repo rate unchanged at 6.25%.
MSF, banck rate unchanged at 6.75%.
FX reserves at $ 363.1 bn as on February 3.
FY17 GVA seen 6.9% with risks evenly balanced.
GY18 GVA seen 7.4% with risks evenly balanced.
CPI likely at below 5% in Jan-Mar.
MPC committed to bring CPI near 4% on durable basis.
Inflation seen 4.0-4.5% Apr-Sep & 4.5-5.0% in Oct-Mar.
Japan Dec Trade surplus highest since 2007, at ¥806.8 Bn. Dec Current account surplus ¥1.11 Tn.

Sixth bi-monthly policy statement by Monetary Policy Committee on February 8.

Industrial Production (IIP) data for the month of December scheduled on February 10.

Arun Jaitley to address RBI, Sebi boards on February 11.                       

powe of compounding...

Tuesday, February 7, 2017

become investors..


Economic Times

Ø  Rs 6.78L cr remonetised, Rs 9.1L cr in circulation: Govt
Ø  Government draws up plan to phase out old vehicles
Ø  Voda-Idea merger to create Rs 80K cr firm: Ind-Ra
Ø  Govt allows people to deposit unaccounted cash under amnesty scheme in two parts
Ø  US last year trade deficit at highest since 2012
Ø  'Provided adequate POIs, Jio unable to use capacity'
Ø  'CAs to pay fine of Rs 10K for filing incorrect info'

Business Standard

Ø  Infosys founders raise a stink on governance
Ø  Drought in Kenya to boost Indian tea prices
Ø  Model GST law to be finalised by this month end: CBEC Member
Ø  Tata Steel back in black, logs Q3 profit at Rs 231 crore
Ø  BHEL Q3 net profit at Rs 93-cr; announces 40% interim dividend
Ø  Central Registrar notice to Sahara multi-state cooperatives
Ø  IDBI Bank reports Rs 2,255 crore Q3 net loss

Business Line

Ø  Economists expect RBI to cut repo rate by 25 bps
Ø  Timing for demonetisation was perfect: PM Modi
Ø  High Court orders winding up of UB Holdings
Ø  2016 tea output at record high despite fall in South
Ø  ICRA board to consider share buyback proposal
Ø  HDIL to launch budget homes in Mumbai Metropolitan Region


Ø  IDFC Bank buys 5% stake in IIFL Holdings for Rs502 crore
Ø  Lok Sabha passes bill to ensure wage payments through e-transfer, cheques
Ø  Air India may be listed on exchanges with banks holding strategic stake
Ø  Grofers sets up seller structure similar to Flipkart’s to comply with FDI norms

Financial Express

Ø  IndiGo hold talks with BCAS over security training licence
Ø  Reliance Jio impact: Vodafone-Idea merger to create Rs 80,000 cr revenue firm, says India Ratings
Ø  Domestic M&A deals to jump nearly three times to over $49 billion by the turn of 2019, says report
Ø  Titan Q3 net up 13% at Rs 255.75 crore

Financial Chronicle

Ø  SUUTI holdings straddle 51 firms
Ø  4 more advance pricing pacts with taxpayers signed
Ø  Govt to discuss US visa restrictions with IT industry
Ø  Spear Logistics to invest Rs 300 cr over three years
Ø  Gems & jewellery exporters exploring new finance avenues

Monday, February 6, 2017

Don't give excuses and repent at old age...

Keep your emotions in control..

Laws of Karma....

Laws of Karma

  1. The Great Law : Whatever we put to the universe will come back to us. Whatever you put as SIP will come back as compounding.
  2. The Law of creation : Life does not happen by itself. We need to make it happen. Wealth does not happen by itself. We need to invest our money in an appropriate manner.
  3. Law of humility : One must accept something in order to change it. One must accept that traditional methods of investing don’t work anymore. Only then can we look into modern investing methods.
  4. The Law of Growth : When we change ourselves, our lives follow suit and change too. When we change the method of our investing our lives to change accordingly.
  5. The Law of Responsibility : We must take responsibility of for what is in our lives. We must take responsibility of what our wealth is. It is directly proportional to our knowledge in personal finance.
  6. The Law of connection : The past, present and future are all connected. Where we invest in the past will have a bearing both today as well as tomorrow.
  7. The Law of focus : We cannot think of two different things at the same time. We must be very clear of our investment goals.
  8. The Law of Giving and Hospitality : Our behaviors should match our thoughts and actions. We cannot have thoughts of an investor and behavior of a speculator.
  9. The Law of here and now : One cannot be present if they are looking backward. Past performance has no bearing on future outcome
  10. The Law of change : History repeats itself until we learn from it and change our path. Greed and fear will continue to be an impediment for investing until we learn from it and stop allowing greed and fear from hurting our investments
  11. The Law of patience and reward : The most valuable rewards require persistence. Discipline and persistence contribute to wealth more than anything else.
  12. The Law of significance and inspiration : Rewards are a direct result of the energy and effort we put into it. Wealth is created by the energy of patience and effort of persistence

do you know ???

Basket of Fruits...

There was a man who would every day buy apples on his way back from office.
And all through the night he would talk about the lovely apples that he bought.
He believed those apples would make the family healthy and thereby make a huge difference in their lives.
His wife on the other hand bought vegetables and fruits and brought them home in a basket.
One evening when the husband was alone in the house his eyes caught a glimpse of the basket. He walked towards the basket and opened it.
What he saw inside became a life time education.
What he saw was a mix of greens and fruits looking fresh as a daisy.
And amongst the fruits were some luscious apples.
He realized that while he only bought apples everyday, his wife brought home a balanced diet which most importantly included luscious apples.
The man here is like a stock picker who is excited in buying some select stocks while the lady is like the mutual fund buyer.
While you may buy stocks based on your personal analysis and knowledge, when you buy a mutual fund scheme, what you get is a well researched group of stocks which most importantly may also include the stock that you had bought based on your personal analysis.
So instead of getting all excited about picking stocks, just relax and invest in a mutual fund.
In all likelihood, you are likely to be a lot more satisfied.

debt and equity are needed for balance...

start don't keep thinking...

why people love real estate...

Generals are known to burn the bridges by which they have come or ships on which they have travelled to ensure that their men understand that there is no option other than winning.
If they lose, they have nowhere to run. It increases their chances of victory.
In case of real estate, this is precisely the reason that makes investment in real estate profitable.
It is like this battle; you have no option but to win. Keep fighting till victory kisses your feet.
Tbis is because once you buy your house and the moment you step in to live in it, willy nilly it becomes a illiquid asset.
This is because, since you live there, you cannot sell it. So you land up living for long ; in fact very long. 
Whenever, I have asked people about the duration of ownership of their houses, the answers I get range from 15 years to 50 years. Now that is serious investing period.
In the same breath, if I ask them about their mutual funds ownership period, the answers are usually 3 to 4 years. Clearly this kind of investing duration is a losing battle.
Hence building bridges is a great strategy but this cannot be applied in mutual funds investing because of the liquidity it provides.
Liquidity which was meant to be of assistance to investors lands up as the raison d’etre for poor returns.
Since an investor cannot do anything about liquidity (which will continue to be great for mutual funds), the least he could do is hire an advisor and invest through the advisor.
This is because the least that the advisor would do is to stop the investor from redeeming as far as possible.
This may appear trivial but is in fact is one of the Advisor’s key jobs.
So if we can’t burn ships and bridges we might as well hire a Financial Advisor to prevent us, from retreating.
Let’s go all out and win.

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