Investing Like An Indian Politician


wealthymattersThe one thing career politicians in India know is that income often comes in fits and starts and there is a need to provide for necessities and expenses in the meantime.

Here’s what a lot of them will do.

1.FDs in the name of every family member not qualifying to fall in the tax-net. That way some regular income for necessary expenses is always generated.

2.Land: Invest in land in appreciating location.Agricultural land purchased on any national highway at distance of 15 to 25 kms from the city centre of big cities have tended to double in 2-3 years and so make excellent main appreciating assets .Take up agriculture yourself or let out the land to other farmers for rent .So your income will be tax free and the underlying asset will appreciate as well. Regularly sell land on appreciation and move away further to grow capital. Urban land too works but community activities on it are not tax free. Read more of this post

Where Is The Next Big Thing? Kenneth Andrade @KotakSecurities #KotakMidCapMeet15


wealthymattersSo interested in becoming the person to build the next industry dominating Large Cap Company?

Kenneth Andrade has an insight for you.

Locate a currently unorganized sector of the economy, better still locate a business that is not yet even an industry. Start small, build a brand and then grow steadily, consolidate and then dominate the sector.

PS the insight also works for investors, VCs etc who’d like to early on identify and back the next big thing.

‪#‎KotakMidCapMeet15


wealthymattersAt the @KotakSecurities ‪#‎KotakMidCapMeet15‬ ,Grand Hyatt Mumbai

‪#‎KotakMidCapMeet15


Kotak SecuritiesHappy to accept the invitation to @KotakSecurities ‪#‎KotakMidCapMeet15‬ tomorrow. I’m honoured to be one of only 2 finance bloggers to be invited, Mr Sandip Sabharwal being the other.

Looking Forward to hearing Mr Nilesh Shah, Mr Kenneth Andrade and hopefully Mr Sandip Sabharwal speak on mid-caps.

My friend and fellow blogger, Bhavikk Shah has already sent me his question to ask Mr Andrade , should I get the chance.

And I extend the same chance to all my readers. Please comment your questions below. Should I get the chance, I’ll try to get your queries answered by these ace investors.

Cut Your Losses Fast


And here’s why……..

wealthymatters

What’s the chance that your losers will give the sort of chart busting returns to recoup your losses?In the mean time you are losing the chance to earn at least savings bank returns on your money.You don’t get to spend the sort of money your managers are losing you.Inflation is making the remaining less valuable.And you are losing out on money you could make by reinvesting in better avenues.

Its painful to lose money but more painful to stick with the losers.

 

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