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rohit1889
Senior Member
Joined: 25/Jun/2011
Location: India
Online Status: Offline
Posts: 518
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 Posted: 19/Apr/2012 at 12:24pm |
Current portfolio:
Stock |
% |
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Cravatex |
22.58 |
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Mayur
Uniquoter |
11.55 |
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eClerx
Services |
9.3 |
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GRUH
Finance |
8.26 |
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Guj
Reclaim |
7.68 |
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Symphony |
7.12 |
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Indag
Rubber |
5.44 |
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Titan Ind |
5.34 |
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Page
Industries |
5.07 |
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Sintex
Ind |
4.85 |
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Ashtavinayak |
4.45 |
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NESCO |
4.4 |
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Hawkins
Cooker |
3.97 |
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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
Senior Member
Joined: 25/Jun/2011
Location: India
Online Status: Offline
Posts: 518
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 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.
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.
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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
Senior Member
Joined: 08/Mar/2012
Location: India
Online Status: Offline
Posts: 107
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 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.
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.
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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
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 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?
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'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
Senior Member
Joined: 25/Jun/2011
Location: India
Online Status: Offline
Posts: 518
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 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 MBA  ) 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
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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
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 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!!!
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'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
Senior Member
Joined: 25/Jun/2011
Location: India
Online Status: Offline
Posts: 518
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 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!!! |
  I am an aggressive investor, but have to be risk averse for next 2 years.
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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
Senior Member
Joined: 27/Nov/2010
Location: India
Online Status: Offline
Posts: 227
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 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.
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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
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Arise, Awake and Stop Not till the Goal is reached
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