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rohit1889
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Quote rohit1889 Replybullet Posted: 19/Apr/2012 at 12:24pm
Current portfolio:


Stock  %

Cravatex  22.58

Mayur Uniquoter  11.55

eClerx Services  9.3

GRUH Finance  8.26

Guj Reclaim  7.68

Symphony  7.12

Indag Rubber  5.44

Titan Ind  5.34

Page Industries  5.07

Sintex Ind  4.85

Ashtavinayak  4.45

NESCO  4.4

Hawkins Cooker  3.97


If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
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rohit1889
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Quote rohit1889 Replybullet Posted: 06/Jun/2012 at 11:20am
Fortunately or unfortunately in 1st week of May, I had to sell out nearly 80% of my portfolio as i'm going for MBA in Finance. Probably will have to sell out remaining 20% as well. Disapprove
I have kept my initial holdings in Cravatex and Titan and sold out remaining holdings.
Probably for next 2 years, i'll have to just monitor the stock market and put in tiny sums when i have surplus funds with me.
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
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subash1983
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Quote subash1983 Replybullet Posted: 06/Jun/2012 at 11:32am
Originally posted by rohit1889

Fortunately or unfortunately in 1st week of May, I had to sell out nearly 80% of my portfolio as i'm going for MBA in Finance. Probably will have to sell out remaining 20% as well. Disapprove
I have kept my initial holdings in Cravatex and Titan and sold out remaining holdings.
Probably for next 2 years, i'll have to just monitor the stock market and put in tiny sums when i have surplus funds with me.


Congrats Rohit,
Awesome decision to get a MBA degree. Where are you heading for MBA ??


Edited by subash1983 - 06/Jun/2012 at 11:32am
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basant
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Quote basant Replybullet Posted: 07/Jun/2012 at 12:41pm
Congratulations Rohit! Which university are you headed for also why not take an education loan and pay it off later instead of selling shares?
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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rohit1889
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Quote rohit1889 Replybullet Posted: 07/Jun/2012 at 1:14pm
Originally posted by basant

Congratulations Rohit! Which university are you headed for also why not take an education loan and pay it off later instead of selling shares?


Thank you Sir. Basant ji, I'll be pursuing MBA from KJ Somaiya Institute of Management Studies.
Its in Mumbai.(The same Institute from where Madhu Kela did MBASmile)
I've applied for Education loan. But i had to pay the fees from my pocket as loan approval and disbursement takes time, so had to sell major part of the portfolio.
I will get the disbursement but will not deploy all my funds in stocks for next 2 years. Also my risk taking ability will be less as i'll not have cashflow from salary for 2 years as its a full time course. Also i'll target atleast CFA L2 in next 2 years, so need funds for that as well.


Edited by rohit1889 - 07/Jun/2012 at 1:15pm
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
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basant
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Quote basant Replybullet Posted: 07/Jun/2012 at 1:18pm
Your `portfolio shows you as an aggressive investor but as a person you seem to be risk averse!!!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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rohit1889
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Quote rohit1889 Replybullet Posted: 07/Jun/2012 at 1:25pm
Originally posted by basant

Your `portfolio shows you as an aggressive investor but as a person you seem to be risk averse!!!


LOLLOL I am an aggressive investor, but have to be risk averse for next 2 years.
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
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ameydesai
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Quote ameydesai Replybullet Posted: 07/Jun/2012 at 2:41pm
Originally posted by rohit1889

I've applied for Education loan. But i had to pay the fees from my pocket as loan approval and disbursement takes time, so had to sell major part of the portfolio.
I will get the disbursement but will not deploy all my funds in stocks for next 2 years. Also my risk taking ability will be less as i'll not have cashflow from salary for 2 years as its a full time course. Also i'll target atleast CFA L2 in next 2 years, so need funds for that as well.
Congrats & all the best Rohit !!
 
In 2007 I was in same boat as you are now ....what surprises me is why do you have to pay the fee & wait for loan disbursement .... generally the edu-loan providers are tied up with MBA institutes & offer loan with no collateral - A confirmed admission notice is sufficient, you may have to pay some processing fees - SBI is the best option, for that matter - they also disburse you Rs. 50,000 every year as living expenses in college. The education loan has a simple interest for the period of education and moves to compound interst when you get employed or 6 months after course completion, whichever is earlier.
take care of the above.
ON employment - Part payment is completely penalty free and
Arise, Awake and Stop Not till the Goal is reached
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