portfolio - Discover and Developer

October 7, 2020December 12, 2021

4 INVESTMENT LESSONS FROM IPL

4 INVESTMENT LESSONS FROM IPL

START EARLY

T20 DOESN’T REWARD LATE STARTERS TEAM NEEDS TO START SCORING EARLY IN THE INNINGS

SIMILARLY, THE EARLY YOU START INVESTING, MORE THE COMPOUNDING WORK FOR YOU

BE READY FOR UNEXPECTED

DLS METHOD CAN SOMETIMES AFFECT THE CHANGES OF WINNING OF THE TEAM

SIMILARLY, YOU MUST ALSO ALWAYS UNEXPECTED SITUATIONS IN THE MARKET.

DIVERSIFICATION

A TEAM NEEDS RIGHT BALANCE OF BIG HITTERS, ANCHORS, AND EFFECTIVE BOWLERS

SIMILARLY, YOUR INVESTMENT PORTFOLIO MUST BE DIVERSIFIED ACROSS SECTORS AND DIFFERENT ASSETS

CONSISTENCY GET REWARDED

IN T20, THE TOP SCORING BATSMEN AND THE LARGEST WICKET TAKER ARE AWARDED THE PURPLE AND ORANGE CAPS.

SIMILARLY, IN INVESTING LONG TERM INVESTORS ARE REWARDED BY COMPOUNDING.

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July 30, 2020

WHO MANAGES MUTUAL FUNDS

WHO MANAGES MUTUAL FUNDS

THE MONEY IS MANAGED BY ASSET MANAGEMENT COMPANY.

THERE ARE MANY ASSET MANAGEMENT COMPANIES LIKE ICICI PRUDENTIAL, SBI MUTUAL FUNDS, HDFC AMC, MOTILAL OSWAL AND MANY OTHERS.

EVERY ASSET MANAGEMENT COMPANY HAS MANY MUTUAL FUND SCHEMES FOR DIFFERENT KIND OF PEOPLE DEPENDING ON THEIR GOAL, THEIR RISK FACTOR ETC.

EX – SBI MUTUAL FUND HAS 100+ MUTUAL FUND SCHEMES.

THERE ARE THOUSANDS OF PEOPLE WHO INVEST IN THE SAME MUTUAL FUND.

NOW, WHO WILL TAKE DECISIONS ON WHICH STOCKS TO BUY, HOW MUCH TO BUY, WHEN TO BUY, WHEN TO SELL ETC?

TO EVERY MUTUAL FUND, THERE IS A FUND MANAGER, WHO WILL TAKE DECISIONS LIKE WHICH STOCK TO BUY, HOW MUCH TO BUY, WHEN TO BUY, WHEN TO SELL !

THE FUND MANAGER IS EXPERTIN THIS FIELD.

THAT IS WHY MUTUAL FUNDS ARE PROFESSIONALLY MANAGED FUNDS IN WHICH YOU AS AN INVESTOR DOES NOT HAVE TO DO ANY RESEARCH WORK.

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July 27, 2020

WHAT ARE MUTUAL FUNDS

WHAT ARE MUTUAL FUNDS

MUTUAL FUND CAN SEEM TRICKY

BUT THEY ARE VERY SIMPLE

SUPPOSE A GIRL GOT RS 10 FROM HIS FATHER.

BUT SHE WANTED TO BUY A RS 100CHOCOLATE BOX.

SO SHE CONVINCED HER OTHER FRIENDS TO COLLECTIVELY BUY THE CHOCOLATE BOX.

THE KIDS COLLECTIVELY CONTRIBUTED RS 100 (SOME MORE , SOME LESS TO BUY THE CHOCOLATE BOX.

THE KIDS THEN DISTRIBUTED CHOCOLATES PROPORTIONATELYAMONGST THEM ACCORDINGLY TO THE CONTRIBUTION.

MUTUAL = FROM MANY PEOPLE

FUND = POOL OF MONEY

THE MONEY POOLED IN BY A LARGE NUMBER OF PEOPLE (OR INVESTORS) IS WHAT MAKES UP A MUTUAL FUND.

THIS FUND IS MANAGED BY A PROFESSIONAL FUND MANAGER.

THEN, IT INVESTS THE MONEY IN STOCKS, BONDS, AND OTHER MARKET INSTRUMENTS.

THE INCOME/GAINS GENERATED FROM THIS COLLECTIVE INSTRUMENT IS DISTRIBUTED PROPORTIONATELY AMONGST THE INVESTORS.

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June 18, 2020

BECOME A MILLIONAIRE AT 30 BY DOING THESE 8 THINGS

BECOME A MILLIONAIRE AT 30 BY DOING THESE 8 THINGS

FOCUS ON EARNING

THE FIRST STEP IS FOCUS ON INCREASING YOUR INCOME IN INCREMENTS & REPEATING THAT.

EXAMPLE: ASK FOR RAISE & START A SIDE HUSTLE.

DEVELOP MULTIPLE STREAMS OF INCOME

65% OF MILLIONAIRES IN THOMAS CORLEY’S

STUDY HAS AT LEAST 3 STREAMS.

EXAMPLE: REAL ESTATE, INDEX FUNDS, & BUSINESS OWNER.

SAVE TO INVEST, DON’T JUST SAVE

BY INVESTING YOUR “SAVED” MONEY, YOU LIVE BELOW YOUR MEANS & FOCUS ON INCREASING YOUR INCOME.

EXAMPLE: MAKE AUTOMATIC (WHEN PAID) TRANSFERS INTO AN S&P 500 INDEX FUND.

CHANGE YOUR MINDSET ON MONEY

GETTING RICH BEGINS WITH THE WAY YOU THINK & WHAT YOU KNOW ABOUT MAKING MONEY.

EXAMPLE: RICH PEOPLE KNOW MAKING MONEY IS AN INSIDE JOB, SO KEEP LEARNING.

INVEST IN YOURSELF

WEALTHY PEOPLE ARE VORACIOUS READERS. WARREN BUFFETT DEDICATES 80% OF BIS WORKING DAY TO READING.

EXAMPLE: READ, TAKE COURSES, HIRE A COACH & EXERCISE.

DITCH THE STEADY PAYCHECK

KEEPING JUST A STEADY PAYCHECK & YEARLY PAY RAISES IS THE SLOWEST PATH TO PROSPERIT.

EXAMPLE: WHILE WORKING 9-5, CREATE A BUSINESS, BECOME A BUSINESS PARTNER, INVEST & DIVERSIFY YOUR MONEY.

SET & VISUALIZE COMPLETING GOALS

CREATE A CLEAR GOAL & THEN A SPECIFIC PLAN FOR HOW TO ACHIEVE THAT GOAL.

EXAMPLE: COMMIT TO ATTAINING WEALTH BY WRITING DOWN & VISUALIZING YOUR GOALS.

SHOOT FOR $ 10 M, NOT $ 1M

GRANT CARDONE SAID,”THE SINGLE BIGGEST FINANCIAL MISTAKE I’VE MADE WAS NOT THINKING BIG ENOUGH.”

EXAMPLE: WHATEVER YOUR GOALS IS, INCREASE THEM 10x AS YOUR “ STRETCH GOAL”. PUSHING YOU TO WORK EVEN HARDER.

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May 16, 2020