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Stranger on a Train

It’s not about the 1951 Alfred Hitchcock psychological thriller, but about my commute, and an invigorating conversation with a stranger 😉.

Few days back, while travelling home from the office, a co-passenger in metro asked me directions to an address. The chat started through an address, which I explained him descriptively. He shared some details about him business travel and told that he learns new routes every time he visits a new city. When he asked me about my whereabouts, I introduced myself as a Mumbaikar and a financial advisor.

He couldn’t wait for me to complete… and started discussing his equity and mutual fund portfolio. This wasn’t new for me, as I had many such experiences in the past. In India, whenever we see a doctor or financial advisor, we start with our illnesses or portfolio discussions.


Sensex down to 36500 – Adversity or Opportunity?

With so many things happening around us; major political decision today on Kashmir, US-China trade war escalation again last-week, and corporate earnings showing no sign of revival, market is on a downward spiral since July-beginning.

Instead of asking, what should we do? Let’s look at from another viewpoint, i.e. seasoned player like Warren Buffet, what will he do in this kind of market?

  • Invest for Long Term“Only buy something that you’d be perfectly happy to hold if the market shuts down for 10 years.”

This quote sums-up our investing philosophy perfectly; that all the long term investments usually are in equity, and short term (1-3 years) are in debt or liquid funds, which are not affected by market melt-down or swings. Do we need to worry?


Sensex down 2000 points

Since the budget announcement on 5th July, Indian stock market has had a downward run, leading to 2000 points drop in Sensex, from its peak.

How long this will continue?

Indian stocks are driven by two key parameters, i.e. FII money in-flow & Domestic growth numbers. Whether you call it a bad-luck, or chain of events; first with the recent budget announcement, FII growth or money in-flow has reversed in July-19. Almost 2billion USD, has been sucked out of the stock market, resulting in others (domestic investors) also getting into a panic of selling & adding to this pressure.

On the other hand, Domestic growth since last six months is under pressure, resulting in another bad quarter (Apr-May-June 19). Further adding fuel to the selling pressure, resulting in the stocks tumbling.


FALLING STOCK MARKET – Mistakes Investors Make

Falling Sensex or Nifty

STOP SIP – The most common mistake, an investor makes in a falling market, is to first get into a panic-state, and second, stop the monthly SIP. Whereas one tends to forget the basic premise on which the SIP is built, i.e. “Law of Averages”, where in a falling market, SIP is helping you to pick mutual funds at a lower rate, and thus helps you to earn more in the future years.

DIVERSIFY PORTFOLIO – Another mistake, on account of falling market, where one gets to hear on stocks or mutual funds available at a low price, making one believe that it’s time to go “Bottom Fishing”. This leads to stretching the size of portfolio, from few selected stocks/ funds to many stocks/ funds now, resulting in an average return due to the bigger portfolio in-hand.


A Goal without a Plan is just a Wish

  • Antoine de Saint-Exupery, a Frenchman
  • In French – Tout objectif sans plan n’est qu’un souhait

Learning a language can be a thrilling experience, it brings with it, it’s lifestyle, cuisine, history, and culture, which is completely different from where we are to be discovered!

While learning French, one discovery led to another, and it so happened that I fell deeply in love with the French art and immersed myself in the culture for seven long years! Through my expertise, I even got the opportunity to teach this language to young adults in a college. 


Budget 2019 – $3 trillion economy by fiscal 2020

Budget 2019

Key Announcements on Income Tax:

  • Empty bag for salaried, as old slabs continues
  • Super rich to be squeezed more (2 crs & upward) with additional surcharge
  • Additional deduction of ₹1.5 lac on home loan interest paid offered – but for affordable house of ₹45 lacs borrowed, on or before March 31, 2020
  • PAN & AADHAAR number now becomes inter-operable
  • Pre-filled Tax return form to be available soon
  • EV purchase loan benefit (electric vehicle) – 1.5 lacs interest benefit on the loan
  • Cash withdrawals over ₹1 crore a year will attract TDS of 2%

Why the word “Diversification” is given so much importance in Financial Planning?

diversification Importance

There’s very common saying “Do not keep all your eggs in same basket. Diversification means same, do not invest in only one asset class/only one sector. In India people generally prefer in investing in only two asset classes which are Gold & Real Estate.Historically they are known to give good returns & less risky,But in order to secure your portfolio from all ends & to earn more than inflation rate “Diversification” is very important.


Big Fat Indian Weddings


 Indian Weddings as we all know are known around the world for their costly affair.

 Its generally because of the number of rituals that are followed,Number of occasions like Engagement, Sangeet/DJ Parties, Reception & the list goes on.

Here I will give you an example of my own Wedding & after reading this you will be able to understand How to Plan your Wedding Expenditure.

  • Plan Early : Start planning for your marriage as early as possible.This will help you in getting the best deals from the vendors.Also, it will ease your burden & you will be able to enjoy the marriage completely.I planned for my wedding a year before & got the best deals from the market.

What are Cash Management Funds?


Cash management funds are funds that invest in debt and money market instruments with maturity not exceeding 91 days. They invest in instruments such as Treasury bill, corporate bond/debenture, commercial paper, etc. The fund is suitable for investment in short term horizon. The fund is suitable for people looking to park their surplus cash temporarily and provides an alternative to savings bank account.