Hello Everybody, I am postgrad, interested in markets for last four years. Investing mainly through mutual funds. liked equity desk forum. Previously i had visited Motley fools site and asked them to start India specific site. This site is almost on same pattern. thanks gargakhil
Joined: 20/Aug/2007
Location: India
Online Status: Offline
Posts: 390
Posted: 20/Aug/2007 at 7:06pm
Hi ,
I am Capt Alok.k.Sahi an army officer,I am from Patna Bihar.
I deal with real Estate now,Rental income.
Interest: Investment and finance.
Investing style:Patience long term Have just started reading a lot on stock markets hence yet to develop my own style.
Have most of my funds with Mutual funds and some IPO purchased stuff like TCS, Vishal,Gail etc etc.
I have joined the forum due to the rotten returns given to my PMS acount by KOTAK. I dont know where to go with my woes!!! I after learnrning on this forum will Take back my money from the PMS and then invest wisely
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 20/Aug/2007 at 7:11pm
Hello Captain, sorry to hear about your losses. The problem with PMS is if you are on fixed commission basis these guys do a lot of churning - to generate brokerage and if you are on a profit sharing basis then that 20% of profit sharing removes all the incremental gains from a PMS.
Please share your experiences and on the kind of stocks that were bought in your account by the "smart money"!!!
'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
I after learnrning on this forum will Take back my money from the PMS and then invest wisely
---------------------------------------
Thanks to TED, PMS guys are in trouble !!!!
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
