Markets slightly positive despite profit booking

Bangalore Investors Forum – Beginners Group

As a part of our drive to improve the financial quotient (FQ) of the public, we are conducting a Special Session on 16 July (Sun) at 6.20 pm for Beginners in Stock Markets. This is a chance for you to refer your family, friends, relatives and contacts for the two hour Session.

Just like how you have benefited from the Workshop and improved your financial literacy, by sharing this knowledge to your near and dear ones, you are gifting them an opportunity to learn about Investments & Personal Finance.

Contents of the Session:

1. Advantages of Long term Investing in Stock Markets

2. Profitability of Short term Investment

3. How to create your own infallible Retirement Fund

4. How to provide for your children education and marriage

5. How to prevent loss in investments

6. Planning your insurance needs and re-jigging of your present plans, online buying of insurance

7. One time Investment

8. Stock Selection

9. Removing Misconceptions about Stock Markets

Session Details:

Date – 16 July 2017 (Sun)

Time – 6.20 pm to 8.20 pm

Venue – Jain College, Off JC Road, (Near Ravindra Kalakshetra), Bangalore

Fees – Rs.400/-

Special Fees – Rs.200/- 

Kindly refer your family members, friends and relatives so that they can also benefit from Financial knowledge just like you.

Please mail us on successdigest@gmail.com informing us the name of your friends attending on 16 July and we will note it down. On the date, they need to come to the venue and pay the Seminar Fees of Rs.200 at 5.30 pm at Jain College, JC Road, Blore.

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Blog meant for 12 July 2017 Wednesday

Dear friends,

Positive day for our markets. However, Nifty closed higher by only 15 points as compared to it trading almost 55 points higher during the day. Markets saw profit booking towards the end of the day and closed marginally higher. With today’s close, Nifty has closed at a new life time high.

Global cues are little weak tonight which could affect our markets tomorrow.

The indications as per technical analysis for short term are –

Nifty is Hold zone. The indications for individual stocks are –

THE HOLDS ARE – DIVISLAB,  ITC, Maruti, Yes Bank, Reliance, HDFC, HDFC Bank, Infosys, ACC, 

Wait to Sell – Titan, LUPIN

Sell – SBI

Buy –  TCS

Wait to Buy –  L&T, M&M, Asian Paint

Don’t Buy – Axis Bank

Hope the rally is not distracting long term investors from continuing monthly investments to achieve their financial goals in life.

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Question of the Day

Question – Why should we not postpone investing and planning our future finances?

Answer –

This question was asked by 68 year old retired person. He realised that when young most people including himself did not understand the importance of investing in the right places. He had attended our Seminar along with his 35 year old son a few days back.

Some of the main reasons why the younger generation should not miss investing for long term:

1. Cost of living is going up at a much higher rate than earnings growth

2. Traditional instruments such as Bank FDs, Post office deposits, Insurance policies give very low rate of returns after considering taxation. We get only 5-6% after tax.

3. Due to good medical facilities and higher life expectancy of current and future generations, the period of our life after retirement could be almost as long as our working life. Life expectancy is around 80 years in India now and is expected to rise in the years to come. Unfortunately, during retirement we will not have any significant income source and hence we need to plan and investment during our working life so that we can enjoy a comfortable retirement.

4. One of the common regrets of retired people is that they wished that they saved more at a younger age so that they had the liberty on spend on anything at an older age.

5. The benefit of compounding money is huge and small amounts invested for long periods becomes a huge amount.

6. Many young people fail to understand that after retirement there will be more debits from the bank account than credits which means that more expenses than the money they may earn from bank interest etc.

We have observed that people in the age group of 23-38 usually neglect and postpone investments thinking that there is no urgency to invest. They fail to realise that small amounts in the younger age is much more valuable than slightly larger amounts invested 10 years later. Rs.1000 for 23 year old may be more valuable in the long term than Rs.4000 for a 35 year old.

We urge all people to invest for long term. If you are already close to retirement or retired, ensure that your children and grandchildren do not miss out on long term compounding due to laziness or ignorance.

All the best!

Dr.Bharath Chandra & Rohan