In the last Chapter, we learned the need for diversification, if you have not read it yet, please do so. In this Chapter, we will learn a bit about the technical aspects surrounding diversification. Mutual Funds are inherently the best diversification financial instrument ever invented. MFs pool money from the public and then invest in…
We discussed the concept of diversification in the last chapter. If you have not read it, please do so. The current chapter will look at why we need diversification in life. Diversification has its roots in uncertainty, a layman cannot predict the future, so the next best thing is to spread his wealth in multiple…
Nifty Stance Bullish ⬆️ Nifty is up 324pts ~ 1.32% this week. Markets fell on the 19th and then the weakness continued till Thursday. What happened today, 26th surprised everyone as Nifty recovered 1.76% ~ 428pts to hit a new ATH of 24861. We had a poor budget, wherein the short term capital gains (STCG),…
Diversification means holding multiple assets at the same time so that you do not lose heavily when few of those assets lose value. If you look at human history, you will quickly agree that “Diversification” is not something that we do naturally. A carpenter used to be a carpenter, but he does not diversify into…
Nifty Stance Neutral ➡️ Nifty managed to only gain 14pts ~ 0.06% this week, but we hit a new ATH on all 4 working days. The new ATH is 24854, but before we talk about that — the price action of 18th Jul requires special mention. We fell 84pts ~ 0.34% between open & 09.35, then we…
Nifty Stance Bullish ⬆️ The stance on Nifty has remained bullish for many consecutive weeks, and it seems like there is nothing that can deter this powerful train. On a weekly basis we gained 190pts, we saw a minor weakness on 10th July but by the 3rd hour that day, we resumed the buying momentum….
FIRE — Financially Independent, Retire Early! was a movement started in the 90s after the authors Vicki Robin and Joe Dominguez popularized it in their book — “Your Money or Your Life”. The concept is to save/invest 70% of your earnings, meet the consumption demands with the 30%, and then retire rich in 7 to 10 years. It may…
Something magical happened this week, my article on “Goal setting, Mutual Funds” was published in Malayala Manorama Sampadyam. It is a monthly journal in my native language “Malayalam” that has over 2,50,000+ subscribers. Feeling blessed. Nifty Stance Bullish ⬆️ Nifty’s dream run continues, unchecked and unchallenged. Every other day a heavyweight supports Nifty, one day…
Nifty Stance Bullish ⬆️ The good news is that Nifty is up ~425pts or 1.8% between 21st Jun to 28th Jun, the bad news is that my weekly report will now be emailed after Friday’s trading day. For this week’s report, I have price action from last Thursday to this Friday, which means 1 week…
Last week we discussed how important an insurance product is. We also discussed why term insurance is much better than an endowment plan, money-back scheme, or a Unit Linked Insurance Plan (ULIP). One of the reasons is that we are a better investor via the MF route. If you have not read that chapter yet,…
