INVESTMENT ADVICES BY RAKESH JHUNJHUNWALA

 

INVESTMENT ADVICES BY RAKESH JHUNJHUNWALA

 

MAKE INVESTMENTS WHEN STOCK IS NOT POPULAR

HAVE SOME CASH IN HAND SO THAT YOU CAN GRAB THE OPPORTUNITY WHEN IT OCCURS


INVEST IN COMPANIES WHICH HAVE STRONG MANAGEMENT AND COMPETITIVE ADVANTAGE

SUCCESSFUL INVESTORS ARE OPPORTUNISTIC AND OPTIMISTIC ONES

INVEST IN A BUSINESS NOT A COMPANY.


GIVE YOUR INVESTMENTS TIME TO MATURE BE PATIENT FOR THE WORLD TO DISCOVER YOUR GEMS.

MARKETS ARE ALWAYS COMMANDING, MYSTERIOUS, UNPREDICTABLE AND VOLATILE

BE UNIQUE

 

 

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LET’S PLAY A FINANCIAL GAME

 

LET’S PLAY A FINANCIAL GAME


 

SUPPOSE YOU ARE  INVESTING RS 1000 EVERY YEAR INTO AN INDEX FUND FOR 5 YEARS

WHICH CONDITION WILL GIVE YOUR BETTER RETURNS

 

 

 CONDITION 1

1)    1)  THE INDEX STAYS AT RS 100 PER SHARE FOR THE FIRST YEAR.

2)      2) IT GOES DOWN TO RS 60 THE NEXT YEAR.

3)     3)  IT SAYS AT RS 60 THE THIRD YEAR.

4)    4)  THEN IN THE 4TH YEAR, IT SHOOTS UP TO RS 140

5)   5)   IN THE FIFTH YEAR, IT ENDS UP AT RS 100, THE SAME PLACE WHERE YOU STARTED.

CONDITION 2

1)    1)  THE INDEX IS AT RS 100 THE FIRST YEAR

2)     2)  RS 110 THE NEXT YEAR

3)    3)   RS 120 THE THIRD

4)    4)   RS 130 THE FOURTH

5)    5)   RS 140 THE FIFTH YEAR

SO, WHICH OPTION YOU WILL CHOOSE FOR MORE RETURNS?

 

 

I KNOW

MOST OF YOU WILL CHOOSE 2NDCONDITION FOR GOOD RETURNS.

 

COMPLETELY WRONG


 

TOTAL INVESTED MONEY IN 5 YEARS = RS 5000

IF YOU CHOOSE CONDITION 2

YOUR RS 5000 TURNS INTO RS 5915

IF YOU CHOOSE CONDITION 1

YOUR RS 5000 TURNS INTO RS 6048

CONDITION 1 WILL GIVE YOU MORE RETURNS THEN CONDITION 2 


 

IN CONDITION 1 :

EVEN AFTER 5 YEARS INDEX VALUE IS RS 100, NO GAINS. BUT THROUGH SIP YOU TAKE THE ADVANTAGE OF HIGH VOLATILITY.

IN CONDITION 2 :

WE CAN CLEARLY SEE, THAT 5 YEARS IS A PERIOD OF BULL MARKET SO, LUMPSUM WILL BE BETTER OPTION THEN SIP.

 

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HOW TO USE CREDIT CARD SMARTLY

HOW TO USE CREDIT CARD SMARTLY

1 PAY YOUR CREDIT CARD BILLS ON TIME

IF YOU PAY YOUR ENTIRE CREDIT CARD BILLS BEFORE DUE DATE, YOU DO NOT INCUR ANY INTEREST CHARGES.
BUT IF YOU FAILED TO PAY THE AMOUNT BEFORE THE DUE DATE, THEN YOU WILL BE PENALISED & CHARGED HEAVILY!!
ONLY SPEND ON CREDIT CARD, WHAT YOU THINK YOU CAN PAY LATER ON TIME.

2 DON’T SETTLE FOR MINIMUM PAYMENT
THERE IS A PROVISION TO PAY PARTIAL AMOUNT OF YOUR BILL, IF YOU CAN’T PAY FULL.
TO AVOID PENALTIES, YOU MUST PAY YOUR BILL ON TIME
BUT TO  AVOID HEAVY INTEREST RATES, YOU MUST ALSO PAY THE BILL IN FULL.
DON’T PAY ATTENTION TO THE MINIMUM DUES.

3 AVOID USING YOUR CARD AT THE ATM
CREDIT CARDS ALSO LET YOU WITHDRAW CASH FROM ATM’s
BUT AVOID USING THE FACILITY.
BECAUSE ATM WITHDRAWALS ATTRACT HEAVY CHARGES.

4 AVAIL A LOAN IF REQUIRED
WHEN YOU PAY BILLS ON TIME, YOU WILL HAVE A GOOD CREDIT HISTORY AND CIBIL SCORE.
BASED ON THE SCORE, BANKS DECIDE WHETHER TO APPROVE OR DISAPPROVE A LOAN.

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