General Trading Chat

[Dr. Jan Itor]

Porinju seems to have lost a lot. I don't always agree with him but he makes some very valid points here.

 

[Smart_trade]

Porinju seems to have lost a lot. I don't always agree with him but he makes some very valid points here.

He invests in small and Midcap stocks and these stocks have taken massive beating.He was also investing in poor growth stocks assuming that the growth will take place because of structural reforms.Growth was sluggish and the currency and crude problems hit the market and small and midcaps went down.It is better to wait till the stock shows growth than anticipate the growth.

Smart_ trade

 

[ncube]

He invests in small and Midcap stocks and these stocks have taken massive beating.He was also investing in poor growth stocks assuming that the growth will take place because of structural reforms.Growth was sluggish and the currency and crude problems hit the market and small and midcaps went down.It is better to wait till the stock shows growth than anticipate the growth.

Smart_ trade

Investing based on just fundamentals is similar to technical trading but without a clear stop loss. Investers get married to their stocks for long term by which time it is too late to take any action. In this regard technical based trading is much safer. A balanced Fundamental plus technical trading is always a better approach.

 

[TradeJoker]

He has reasons for everything, even if his PMS down to zero, we cud call him a "Perfect Broker"

 

[vivektrader]

He invests in small and Midcap stocks and these stocks have taken massive beating.He was also investing in poor growth stocks assuming that the growth will take place because of structural reforms.Growth was sluggish and the currency and crude problems hit the market and small and midcaps went down.It is better to wait till the stock shows growth than anticipate the growth.

Smart_ trade

I was going through their website, in addition to decent fees, minimum investment level is 50Lakh, that is huge considering the kind of companies he invests in, which move wildly to say the least.

 

[ncube]

Most of his clients would be HNI and NRI and being in Kerala lot of people working in gulf countries would have invested in the PMS. These days opportunities in gulf have reduced a lot so he may have additional pressure for showing returns.

 

[Smart_trade]

I was going through their website, in addition to decent fees, minimum investment level is 50Lakh, that is huge considering the kind of companies he invests in, which move wildly to say the least. View attachment 29020

Most PMS in India have minimum ticket size of Rs 50 Lacs...very few are there with min ticket size of 25 Lacs. In good period they make large returns and investors invest with them thinking that every year large returns will come. This assumption is false because market returns are asymmetric.A normal investor will do much better investing in good mutual funds but on long period.A SIP of Rs 10,000 per month if a 30 year old starts and continues for 30 years, assuming CAGR of 15 % the total investment is Rs 36 Lakhs and it creates a Fund with Rs 7 Cr as a terminal value....a great way to invest and let the power of compounding work in our favour.Considering present day salaries 10 K per month saving is not difficult at all....this way even people in average jobs can create wealth with proper planning.

Smart_trade

 

[manny.here]

can anyone suggest best way to access this thread from mobile. To get the notifications and to access my watched threads.

 

[Newbie Day-Trader]

Most PMS in India have minimum ticket size of Rs 50 Lacs...very few are there with min ticket size of 25 Lacs. In good period they make large returns and investors invest with them thinking that every year large returns will come. This assumption is false because market returns are asymmetric.A normal investor will do much better investing in good mutual funds but on long period.A SIP of Rs 10,000 per month if a 30 year old starts and continues for 30 years, assuming CAGR of 15 % the total investment is Rs 36 Lakhs and it creates a Fund with Rs 7 Cr as a terminal value....a great way to invest and let the power of compounding work in our favour.Considering present day salaries 10 K per month saving is not difficult at all....this way even people in average jobs can create wealth with proper planning.

Smart_trade

Though how much would that 7 crore be actually worth in purchasing-power in 30 years if the historical rate of depreciation of the rupee continues into the future?

 

[Smart_trade]

Though how much would that 7 crore be actually worth in purchasing-power in 30 years if the historical rate of depreciation of the rupee continues into the future?

Agreed,considering inflation it could be worth Rs 1-2 Cr of today’s value which is not too small an amount.Also we have assumed constant SIP of Rs 10,000 but in 30years the incomes are going to go up so the SIP amount can go up by say inflation percentage every year and that will take care of effect of inflation.

I was reading an article which came yesterday on Senior Citizen Day.....according to a survey conducted ,47 % of senior citizen ( above 60 ) are in financial insecurity and they have to swallow insults for want of money and this is a very high figure.On my evening walk I meet some senior citizen who don’t have Govt pensions and as someone tells them that I am from Stock markets,they come and confess that they are barely able to manage expenses with the savings they have.One old uncle who retired 20 years back, has a own flat but he has only Rs 25 L which he has invested in bank FD ,senior citizen saving scheme and he gets 17-18 K monthly income .He stays with his wife in their flat and he has no children. He says he spends sleepless nights thinking about how to meet rising expenses in future,he is not able to take any vacation as vacations are expensive,cannot paint their flat,cannot do modifications in the flat .....if there is any serious illness,it will punch a hole in their savings.But now it is too late to take any remedial action.In present time anyone retiring with less than Rs 1 Cr after providing for house,children education etc will find it tough to lead comfortable retired life if we take life expectancy of 85 years....he has to keep investing part of the income in mutual funds to take care of inflation.

So from the age of 35-40 one has to plan for future and invest .Earlier we start, larger amount we can accumulate without feeling the burden.

Smart_trade