Rakesh Jhunjhunwala’s Stock Picking Mantra
March 11, 2013 Leave a comment
Just How Badly Can You Do In A 10 Yr SIP In The SENSEX?
March 11, 2013 Leave a comment
There aren’t any 10 year periods (using the Sensex) that show a large loss . Only three months in 2002 are below zero, with the max negative return being –1.5% for a 10 year SIP. (Returns shown are annualized returns)
2015-2018 Tough Times Ahead ?
March 11, 2013 Leave a comment
Deepak Shenoy of capital Mind draws attention to the bunching of government debt in this post here.
Depending on how the government and RBI react,we could have high inflation,high interest rates,low or negative real interest rates,a weak rupee,slow growth etc. etc.Basically more of the shit we wind ourselves in.
Definitely these hard times will be when a new cohort of people will lay the foundation of their fortunes.Be sure to be one of them.Value your cash and drive hard bargains.
When the going gets tough,the tough get going.And remember Fortune favours the bold.
Historical Monthly Returns Of Nifty And Sensex
March 11, 2013 5 Comments
Here are 2 interesting charts I found today.Happy hunting for patterns to all the stock market punters put there!
Interview With A Daily Wage Earner Turned Crorepati
March 10, 2013 Leave a comment
You can read the original interview here.
Here is the blueprint the illiterate man used to accumulate his fortune:
1.Ten years ago he was a daily wage worker making 30-60 rupees a day and looking to improve his lot.
2.One day he took a break and thought over what he was going to do to improve his financial situation and live a better life.
3.He understood he had to find a way to increase his income,save more,create wealth and acquire income producing assets. Read more of this post
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