Another weekend 24th and 25 august 2018.
what is new?
One wise young relative says it is stupid to invest in Mutual funds
The logic is we are trusting our hard earned money with mutual fund managers who play with it
recklessly with no risk to themselves.
They protect themselves with the declaration that investments are subject to market risk.
%
They invest big % in large stocks and forced to keep a cash balance that leaves them at best 45% for other stocks.
Entering into funds when market is at an all time high is just foolish
They can at best get you 11%after taxes reduces to 8 or 9%.
These days fixed deposits give more than 8% risk free
It is far better to invest oneself in the equity share market in having the choice in consumer durable shares like HUL or ITC or reliance .supply chain shares like gati can give good returns.In the event
of fall in market one can quickly exit.also one can rotate money number of times selling and buying
frequently.
2Blogging is becoming a good occupation and money spinner. Many youngsters are taking to it.
Sitting at home one can impart their gyan on various topics which attract the young and the not so young.I know some who are raking in the moolah doing just that.Those who have knowledge and experience can share it with others who can benefit
3.There is competition in aviation sector among airlines to fill seats.If booked in advance one can get excellent deals.
Vistara [TATA] and singapore airlines are taking on budget airlines and air india by outpricing them.Vistara recently
celebrated my birthday when I was in theBoarding flight next day by making me cut a cake on the flight beside taking selfies
with me. Very surprised by their gesture.
Boarding a flight or deplaning has become so complicated that children of old parents make the parents take the wheel
chair option with attendants. I found as many as 15 senior citizens exercising the wheel chair option in delhi singapore
flight.One avoids the hassle of standing in queues for check in out and get priority boarding.
Also business class is fast becoming a requirement for them as they require more room and comfort.Air journey is safe
if one can put up with turbulence due to weather.
what is new?
One wise young relative says it is stupid to invest in Mutual funds
The logic is we are trusting our hard earned money with mutual fund managers who play with it
recklessly with no risk to themselves.
They protect themselves with the declaration that investments are subject to market risk.
%
They invest big % in large stocks and forced to keep a cash balance that leaves them at best 45% for other stocks.
Entering into funds when market is at an all time high is just foolish
They can at best get you 11%after taxes reduces to 8 or 9%.
These days fixed deposits give more than 8% risk free
It is far better to invest oneself in the equity share market in having the choice in consumer durable shares like HUL or ITC or reliance .supply chain shares like gati can give good returns.In the event
of fall in market one can quickly exit.also one can rotate money number of times selling and buying
frequently.
2Blogging is becoming a good occupation and money spinner. Many youngsters are taking to it.
Sitting at home one can impart their gyan on various topics which attract the young and the not so young.I know some who are raking in the moolah doing just that.Those who have knowledge and experience can share it with others who can benefit
3.There is competition in aviation sector among airlines to fill seats.If booked in advance one can get excellent deals.
Vistara [TATA] and singapore airlines are taking on budget airlines and air india by outpricing them.Vistara recently
celebrated my birthday when I was in theBoarding flight next day by making me cut a cake on the flight beside taking selfies
with me. Very surprised by their gesture.
Boarding a flight or deplaning has become so complicated that children of old parents make the parents take the wheel
chair option with attendants. I found as many as 15 senior citizens exercising the wheel chair option in delhi singapore
flight.One avoids the hassle of standing in queues for check in out and get priority boarding.
Also business class is fast becoming a requirement for them as they require more room and comfort.Air journey is safe
if one can put up with turbulence due to weather.