any one who has invested in mutual fund 5 years back pl let me know the return on investment in 5 years whether he has earned more than 10% ie he should earn atleast 7% each year in fixed deposit which is better i hope put your money in fixed and pay tax to govt than losing money in mutual fund
308. CLD| Link| Bookmark|
January 30, 2011 9:22:58 PM
Top Contributor (500+ Posts, 100+ Likes)
@ Prince Williams
Dear friend. Do you agree with me that collective opinion of a number of experts is better than opinion of one expert. If yes, then listen to me carefully.
If you have listened to interview on Deewali Mahurat on CNBC of Junjunwala, the biggest bull of the market who has made crores of Rupees from the market, saying that 98% retail investors have lost their hard earned money in the market because of wrong selections & actions taken by the investor. Has any investor worked out the cost of direct investing in the share market. I am sure most of us have not done so. What Junjunwalla was suggesting was right. Why shouldn't retailor give this job of investing to a group of experts to decide which stock to buy, hold or sell. The job of these experts day in & day out is this one only. We depend upon some experts on this forum who are not able to answer querries from all friends because of their own engagements. In this way you may lose a good amount if you don't take timely action on your stocks. We cannot blame them if they go wrong at times or they are unable to communicate with the forum members.
My sincere advice to all those who do not know much about the market is to invest through mutual fund SIP route as suggested by Junjunwalla. It is highly beneficil especially to those who have very long investment horrizon like your case. After all a group of officrs who handle invetors money are exclusively paid for doing this job. They can collectively take far more better decisions about investments than a single person can do. The group has got many tracking tools wherefrom they know the market information in advance & can take decisions accordingly. Further, by leaving this job to the expert group, a retail investor can get engaged in some other activity wherby he can also earn besides getting earnings from investments through these experts. In nutshell you get double benefits & at the same time you will not have sleepless nights.
Evenif an investor is in the old age group due to which one cannot do any other productive work, still it is better to invest in Mutual funds through SIP route.
By entering the market through Mutual funds through SIP route, you will be able to diversify your overall holding & also average your cost.
There are many other benefits too, like, cost of investment operations, income tax, etc. which I can explain if you want. In this regard if you need any help, I am available on phone ginen in my profile.
How to find out the allotment status. i have applied through SBI but my demat is in ICICI. the shares are not credited yet and the money in ASBA is not released
What is the near term taget for tatasteel? Should we exit now with profit and get back to it after it falls below certain value? Please gie us your inputs regarding this. So that we all can benefit out of it.
Tata Steel price will remain stable as most of the investors have hedge their position in future, So don t expect huge fall. small investor who have not hedge their position can wait more as this stock price once again will touch 650 in this week.
Unable to get the allotment status at Linkintime. Even after giving correct details, it shows unable to find. What shall I do? Plz help me to know the status.
My experience: Interestingly, I had 150 shares of TataSteel @610 avg price, I sold 90 shares @700 before FPO confirmation. When FPO opened, I applied for 100 shares and on Monday, I sold my 60 shares at 655 and waited for FPO shares.. Now, I got allotment of 66 shares.. Usually, I am a long term player.. Now, I am going to hold TataSteel for long term.
Today's article in economic times speaking about inflation concerns:
Inflation dulls India star, unnerves foreign investors Street hits 5-month low as inflation scares away FIIs Investors lose Rs 11 trillion in stock market since Diwali Food inflation a threat for recovery: World Bank official Inflation's silver lining Central bank's rate hikes may not tame inflation: Economists
LONDON/MUMBAI: Soaring inflation and rate rises are starting to hit corporate margins in India, tempting more foreign fund managers to slash holdings in favour of markets that can better capitalise on the global economic recovery.
With oil and food prices not seen easing in the near future, money managers reckon the exodus has some more months to run.
This January alone, foreign funds have pulled $900 million from Indian equities, Thomson Reuters data shows. This contrasts with the record $29.3 billion they pumped in last year.
So a market that last year returned over 20 percent in dollar terms is down 8 percent this year -- the worst performer of the four BRICs -- Brazil, Russia, India and China - and one of the biggest emerging markets losers so far in 2011.
"The view is India faces a difficult year," says Michael Penn , chief global equity strategist at BoA/ML. "It is the only underweight of the BRICs ... and the size of that underweight is increasing, showing people are becoming more pessimistic."
Underweight positions on Indian stocks have reached 35 percent on a net basis, the most since last April, BoA/Merrill Lynch's investor survey showed in January. Compare that to November when 8 percent of foreigners were overweight India.
There are several reasons why the bulls are forsaking India.
The big one is inflation, with food price rises well in the double digits and a real risk this will spill into the economy. To counter this the Reserve Bank (RBI) raised interest rates this week, for the seventh time since March, to 6.5 percent.
The inflation is rooted in supply-side factors such as bad weather damaging crops and global prices that cannot be fixed by interest rates. But another 75-100 bps of tightening is expected with implications for consumer spending and corporate margins.
"As rates rise, margin pressures start to increase...we are starting to see earnings downgrades come through," Penn said.
While most fourth quarter corporate results have beaten forecasts, seven of ten sectors have suffered margin contraction, a Morgan Stanley survey found this week.
The market is also pricy, trading 20 times 2011 earnings versus 12 times for emerging markets. With gains of 110 percent between end-2008 and 2010, it looked ripe for a reversal.
Michael Konstantinov , who runs $3 billion in BRIC stocks at Allianz RCM, recently pared India holdings in favour of Russia.
"You have the valuations argument, pressure from inflation, and on the monetary side there's rising oil prices. So there are plenty of reasons to reduce your position," Konstantinov said. --------------------------------------------------------------------- Now these people are realising it at the time I posted about inflation these people were buying 1000Cr stocks everyday.Dear Natarajan,I had posted months back I am buying some farm land for growing vegetables as agricommodities will soar in future & thats wat is happening.
Dear Friends, I do not have any issues with any one trying to gain cheap publicity .Let them enjoy that way.My call on Tata steel was a avoid for those who are looking for short term gains & I have said 640-650 is a mirage & after listing you will see the results.For my dear friends who have put in multiple appications I have asked them to short around 650.When I am looking for that message in my old message board I am not finding one. 94. Sreedhar Jan 18, 2011 11:53:32 AM IST | I Like It. Like (1) | Report Abuse
Sreedhar's - IPO Recommendations, IPO Comments, Public Profile Gane, Price is a mirage.People apply for it seeing 640-650 but post listing it will come around the Issue price & hence waste of time & energy.From past 2 days metals are facing selling pressure only our hero going up. --------------------------------------------------------------------- Sreedhar Dec 05, 2010 9:37:06 PM IST | I Like It. Like | Report Abuse
Sreedhar's - IPO Recommendations, IPO Comments, Public Profile Ravikumar Distilleries Ltd IPO Friends, OIL reached 90 & soon going to 100 the most dangerous thing for India regarding inflation & deficit.
------------------------------------------------------------------------ I had said about oil & fiscal deficit when market was around 20000.At that point of time everyone was talking about market making new highs before budget.Now everyone talking of 5200,5400.Every expert who comes on tv has his positions in the markets & he speaks keeping that in mind. Analysts sitting in cosy ac office suites were giving targets of SKS at 1500 & more.I clearly said people are being made to resort to flesh trade & suicides due to these micro finance institutions,Andhra constitutes highest disbursals & hence severe action will be taken against these micro finances ,bubble will burst.Brokerages had subsequently given sell call at 800 after making field visits & when people were staring losses
I do not have any positions,any profit motive in discussing my views on stock market.At market 20k in 2008 I had warned friends about markets bubble but lot of my friends lost all their savings & more in that fall.So only for that I have thought of expressing my views on a public forum.The only time I lost big money in Ipo was due to a transaction with one of the boarders whom I believed,I have made friends on this board but lost money due to an acquaintance with one of the boarders.If not for blogging on this site I would not have lost that amount.
So friends I do not care what publicity seeking guys post about me.I believe I am fair to myself & my friends on this board.If I make a mistake I am ready to accept that.No qualms about that.