Paper Assets | wealthymatters

The #IncomeKaTopUp Plan

June 6, 2016 Leave a comment

https://www.youtube.com/watch?v=f009A4ZUHGc

Exide Life Insurance has come out with a pretty decent new plan they call the Exide Life Income Advantage Plan : Link.And I find quite a few things about it that I like. Read more of this post

Filed under Paper Assets Tagged with #IncomeKaTopUp, accidental death disability and dismembement plan, critical illness rider, insurance plan, life insurance, optional riders, postaday, tax free income, Tax Saving, tax sheltering

Heads-Up ! Company FD Investors

April 25, 2016 Leave a comment

wealthymatters Moneylife Foundation is looking at the feasibility of filing a class action for non-payment of fixed deposits. A dispute before the National Consumer Disputes Redressal Commission (NCDRC) requires the dispute value to be above Rs one crore. For starters, we are collecting data for SIX companies—Helios & Matheson, Elder Pharmaceuticals, Jaiprakash Associates, Unitech, Plethico Pharmaceuticals and Bilcare.

If your issue remains unresolved, please submit the details of your deposit through this survey form— Link

The Ministry of Corporate Affairs responded to Moneylife Foundation’s earlier survey and memorandum of 1,500 plus complaints by asking the SFIO to examine non-payment of FDs by Helios & Matheson. In case of Jaiprakash Associates, Unitech and Plethico, the MCA has asked ROC to examine findings from the Moneylife Foundation

Filed under Paper Assets Tagged with Bilcare FD, class action suite, company FD, Elder Pharmaceuticals FD, Helios & Matheson FD, Jaiprakash Associates FD, Moneylife Foundation, National Consumer Disputes Redressal Commission, non-payment of company FDs, Plethico Pharmaceuticals FD, postaday, ROC, SIFO, Unitech FD

Dividends Don’t Lie

March 9, 2016 Leave a comment

“Question — What’s the best action you can look for in a stock?
Answer — A long record of increasing dividends.

A lot of lies can be told about a stock, but dividends don’t lie. In order to increase dividends, a stock must create a history of producing cash. Analysts can lie, earnings can lie, CEO’s can lie, but dividends don’t lie. A company must increase its actual earnings in order to raise dividends. The only thing better than dividends is the float produced by an insurance company. The float, plus compounding, made Buffett a wealthy man.” – Richard Russell

Filed under Paper Assets Tagged with dividends, investing in shares, investing in stocks, postaday, Richard Russell, Richard Russell quote

The Danger (Opportunity) In Bonds

January 28, 2016 Leave a comment

https://www.youtube.com/watch?v=zDI-SrJwtUA

Filed under Paper Assets Tagged with bond market collapse, bonds, Carl Icahn, high-yield bonds, junk bonds, postaday

Learning From Paul Tudor Jones

January 28, 2016 Leave a comment

Paul Tudor Jones Do watch this PBS documentary before its pulled down yet again. Link.Its certainly now worth the 100s of dollars people pay for old VHP copies of on e-bay.

My personal takeaways.

1.Take care to take money off the table periodically. Making back capital requires time, which is not renewable.

2.There is a certain inertia in stock markets. Even the realization of an eminent crash, doesn’t mean an immediate fall in prices. So contrarian bets at this stage make money.

3.Global capital spreads from asset class to asset class. Anticipating movements and manoeuvring oneself to take advantage of them could increase the rate of returns.

4.Takes an A-Type to be a trader. Certain sorts of things that stress B Types, are what A-Types live for.